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Here Comes The Plunge Protection Team
Losses have been cut in half after the opening collapse as a mysterious buyer in massive size lifts The Dow 600 points off its lows, cutting losses in half for now...
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KEVIN, break time is over, get back to your PPT desk !!!
This is just the end of he beginning.
absolute bottoms are Dow 8600, S&P 700, NAZ 1250.
Just fucking guesses, but, it's still fun.
Circuit breakers, bitchez! Bring it!
It's not like we didn't know this was going to happen. Of course it was going to happen, that is what the PPT was created for.
WE CAN'T HAVE JEWS PANIC THINKING THEY MIGHT NOT BE ABLE TO GET THAT NEXT YACHT OR CLOSE ON THEIR NEW MANSION IN THE HAMPTONS. FOR THE LOVE OF SATAN LABOR DAY WEEKEND IS COMING!!!!!!!!
Not like we need anyone to tell us that this market is rigged. But finally people may see it for what it is. One giant con.
The stock market needed to be ended for good. Either the Fed is dismantled by regulation, yeah right, or is is dismantled by blood.
My vote is stripping the skin from the bones of every member of the Federal Reserve.
And yet WE have the balls to mock the Chinese? Fuck off.
opps looks like it may not have been enough going back down by the minute still lmfao. Went camping with a friend this past June he was telling me he was going all in on stocks cause some guy he works with was making a killing. I told him i thought we were at the top and he should be careful. I will have to see how this all worked out for him
Like a fluffer chasing down a limp dick, .gov is looking to swallow the whole lode.
"The printing will continue until moral improves."
Here is to hoping the PPT can catch that falling knife.... right in the fucking throat.
We need to hack a 15K volt charge to the mouse of that asshole.
Ohhh.... break even on the day and then report "Dow up 1,000 points *mumble* from the lows." Genius!
This might be like trying to get a 1200 lb. human whale out of the bedroom door...
Could be a gorilla....
Let me guess,it's the Central Planners' trading desk at Treasury.And no,it's not in the Soviet Union.
This is so much more exciting to watch than any brain dead team sports event.
And more lethal.
Would be more fun if it didn't directly fuck us individually
So, I guess trading in any market is now officially a blood sport.
"More horse testicles means more iron ..." - Lunch Lady, Simpsons ...
https://www.youtube.com/watch?v=ThhfLvR4Wo8
Doctor Freckles should be here ... to enjoy this.
Does the PPT have the bandwidth to BUY, BUY, BUY stocks and SELL, SELL, SELL barbaric relics at the same time???
PPT can sell your kidneys (both) to the highest bidder at any moment, ff it comes to it !
Looks like PPT plan B is to shovel everything into AAPL.
Cant wait for Tesla bitchez to crash - ship Ewon & Barry back to Afrika
I hear the loudest of slurping sounds...
Is that Janet, Jack or both making it?...
For the love of GOD ! Use all my social security retirement money to save the stock market !
The Black Army basked in the light and chill from the Black Sun as they ripped the hearts out of Investors and dined on their entrails...
====
The Blackness was now complete. The Dungeon Construction celebrating the Dark Arts and Black Magic of London was a Grand Feat which the masses of Europe and the Americas could never understand or Escape.
Resourceful and innovative, determined and passionately driven is how I would describe the Americans I have worked with. Canadians are the nicest damn people I've ever met. Tourism and supplying the necessities for the masses could drive the world economy. This design is flawed. Once the upper middle class realize the joke is on them, they will be flying their personal aircraft into banker's homes on remote islands and yachts in the middle of paradise.
It's a small world now.
https://www.youtube.com/watch?v=a_z4IuxAqpE
Scarface - I'm still standin'
JPM share price was in free fall when someone hit the buy button in panic.
A "mysterious buyer", also know as "The Federal Reserve" buying all comers.
A bond market in bubble territory.
What will the sellers do with all that cash?
Welcome to hyperinflation!
All the inflation is taking place in the equity markets and hedge funds. For the rest of us, it's deflation time!
The Chinese would agree that this is an interesting day.
Craig
Is it 3:30 already? I should get ready to go home for the day.
The PPT spent its lunch money early.
Must be finished with sticking it to the lemmings with 'at market' sell orders.
All losses erased; "what, with a cloth or something?"
The average person would stand up and cheer if told the PPT bought the market up.
I have underestimated again, the power of our PPT.
700 point round trip in thirty minutes...they will greenie this fucker today just to show that they can and will not let it get out of control.
Death to these bastards!
<-- central banks trying to preserve order (and their jobs)
<-- enlightened self-interest of private money (including big banks)
PICK THE UPTICK CAUSE
Spare us from good intentions!!!!
Central banks are big private banks (at least the Fed). This is for their self-interest. So it's both.
Cashin just called for QE4
THIS is why the Fed will not allow a full audit. A true forensic audit would show exactly what the Fed has done and is doing regarding the stock market - which is NOT part of its mandate.
That being said, I discussed this with my brother who is always inclined to be trusting of our gov't - the polar opposite of me. He believes that regardless of the existence of any PPT - the citizenry has been protected, so what differrence does it make? I stopped talking about it with him to avoid an argument.
Addendum: I've had almost screaming arguments with him in the past over the Fed and TBTF banks.
So much for free markets and capitalism.
There's at least one dual edged sword here. Every point the PPT pulls the markets back up gives another would-be seller the chance to exit with a smaller loss. I'm not sure what one point on the DOW/S&P is worth in dollar terms but it's magnified by any extra selling. By the end of the day, the fed could be the only stock holder and I'd love to know how much it cost them. Goldman Suchs balls is probably offering two free steak/pork knives with every buy order.
What happens when the Fed is the owner of all the stocks? Yellin controls all the BODs? What a thought!
Come on PPT! Buy up some more stocks so I can get some more cheap DXD!
BTFUR (aka "Butt Fur")
BUY THE FUCKING UNICORN RALLY
Mysterious buyer my arse.... Warren Buffett laughing all the way to the bank [meet the next future trillionare]. Most investors succumb to "fear" very easily.
Selling is unpatriotic.
On another note, keep trying to push it up you pathetic fucks, that selling pressure will move into every rip you make.
Putrefaction protection team. We can also cure yellow fever.
Who needs more QE when the PPT can do "Shadow QE"? The next round is here.
Down another -500 PTS. on the DJI at 8:00 a.m. PST...."It appears equities may have been over valued" as the understatement of the decade. Tha's okay I've been out for awhile now watching my PM insurance policy starting to kick into play.
The tide appears to have turned--a no-confidence in the Fed's influence/ power going forward. Globally, capitulation selling appears to have taken hold. Severe dislocation presaging something much more dire. That's the takeaway message from some of the more lucid talking heads so far today anyway.
I thought might be three hour before ppt...
some panic?
i could smell this coming.
any other dogs buy the bottom?
time to go sniffing for more droppings.
Dear Janet (Yellen), this one goes out to you: https://www.youtube.com/watch?v=VGO9jNHH5Lw
On the bright side, HFT programs frontrun both up and down movements. So they're having a good day.
This is AUGUST still. Its a quiet month normally, everyone on vacation.
How can we have free capital markets without the PPT? [sarc]
Wait a minute, did one of you guys give the PPT permission to do all this buying? Beacuse I certainly didn't.
Never mind, I forgot that it was their money and not ours. Sorry for asking such a dumb question.
Carry on PPT!!!
Are people still under the impression the PPT uses THEIR money and not "borrowed" money (Fed/Treasury)?
Some explaination might be necessary if the only nation's market NOT falling is the only one with virtually no industrial base and has a massive unpayable national debt.
My Finance prof a very well connected older jewish fellow told us in class that the Fed and their ilk have certain people in place to step in and handle things in exchange for favors down the road just for these type of events.
The Fed is meeting on Thursday for their annual party at Jackson WY.....might be a waste of money....
Thanks to TZA I'm actually up $183.00 today...