This page has been archived and commenting is disabled.
Today's Historic Market Open, Caught On Tape
During the flash crash of May 6, 2010, the 1000 plunge in the Dow Jones seems historic, unprecedented and surely unrepeatable - after all the regulators had "learned their lesson" and would never allow a move like this ever again, right? Wrong.
h/t CNN
»
- 102415 reads
- Printer-friendly version
- Send to friend
- advertisements -
Setting this as my screensaver.
How come gold and silver aren't to the moon?
Because they are barberous relics. " US FRN's are money, nothing else" --JP Morgan.
The green close today will be just as historic and, of course, totally normal.
Tylers are posting up articles faster than I can read them between panicked client phone calls.
Been buying shit all morning, at the rate they are bouncing thanks to the PPT, I may be selling them later today for a decent profit.
How come gold and silver aren't to the moon?
It's the last line be defense.....everything else goes first.
It's the PPT....working for you.
How come gold and silver aren't to the moon?
This would be the terminal humiliation for the owners of the casino, sometimes falsely referrred to as financial "markets". Anything must and will be done to prevent Gold and Silver to rise during a paper asset melt down.
Gold an Silver wil be allowed to rise only with QE4.
If your clients are panicking, what kind of advice have you been giving them?
http://finance.yahoo.com/news/obama-played-more-1-100-132315559.html
moar "Legacy" for ya.
Do we still call is black monday when it finishes green?
Please don't worry.
What I say, huh??
http://www.zerohedge.com/news/2015-08-24/deutsche-bank-sums-it-fragility...
I think the Gif will look better when they play the whole day. From down 1k to up 44.
pods
Hope you all have your Bitcoins. Cos when SHTF we're gonna get some Doritos and GAME ON!
What stupid shit eats gmo Doritos?
how many more ways could you out yourself as an idiot in one sentence??
It's always been about Black Tuesday, this morning was just a warm up. The crash will be tomorrow. The sheep have been spooked and we will never return to the old ways now.
this is Gangrene Monday
I'm just surprised they couldn't get it down 6.66%.
Oh, they will... They're just waiting for 9/11/14
https://www.youtube.com/watch?v=qsMc-IswG3w
Because the Dollar had a big jump up?
Good luck Doc, I hope you don't wind up selling apples on a street corner......
When the shit show finally does fall apart, we'll be lucky if there are any apples to sell.
Good luck cashing in those chips once they lock the casino doors.
@ Dr E
Congrats if you did step into some day-trades!
Mas Conhonies
"Good luck Doc, I hope you don't wind up selling apples on a street corner......"
Dyslexia is a Terribus Whanck.
I read the last part of your sentence as "...selling apples to a street Cramer..."
Troof is stronger than fruction.
"This time it's different!"tm
This Time it's Different
Ed McMahon - "Gold & Silver will explode to the upside. Equity markets will drown in the red."
Carnac the Magnificent - "What two things are guaranteed to remain the same this time?"
The UK PPT are clearly on holiday.... FTSE 100 closed 4.5% down...
The real story is who with proof is the buyer that was able to turn the market around. There must be some type of paper trail.
You can have all the paper trail you want, this is sanctioned.
We've gone over this before.
The Reston 6.
"The Reston 6"
Educate a prole please? Not familiar with this.
I haven't heard of the Reston 6 before but there is this:
http://worldvisionportal.org/wvpforum/viewtopic.php?t=204
Oops-doop
the SNB ?
Among this list of the Swiss central bank’s holdings are stocks which are responsible for more than 100% of the year-to-date rise in the S&P 500 prior to the latest sell-off.
the Swiss central bank could be operating as an agent of the Federal Reserve.
http://www.counterpunch.org/2015/08/24/central-banks-have-become-a-corru...
froze25: Nanex has the data, but not the names, unless provided by CME or some other market master. The two only meet for the little guys; never for the banksters.
I'm also getting a flood of phone calls here at the suicide hotline.
If they're bankers, I hope you're giving them proper "advice".
Here's what you need to say: Jump Fuckers!
The politically correct term is "vertical insertion", as in "go to the roof and vertically insert yourself into the pavement"....
In medical terms, they'd end up suffering from sudden deceleration trauma. And, for the sake of the banksters, I hope it really hurts. A lot.
No....jump_mutha_fukah's
FIFY
DTFB:
"Die the fucking *bleep!"
I have a feeling our jobs bear strong similarities today. Four calls so far this morning. I haven't had four calls in a YEAR since..... since.... "Since Lehman"TM.
Are ya exaggerating or are you for real? Your in the streets Nodebt, whats the word homey?
European markets still down 5%-7%; that will be some heavy lifting for the PPT.
It's pretty funny to see how Japan and Merika criticized China for propping up their market .
I guess you don't realize that you can't artificially prop up the value of an asset that can be conjured up out of thin air.
Monopolies artificially raise prices by withholding supply. For auctions, you just need shill bidders. A lot less effort and expense.
There is no monopoly on stock issuance. Any private or public company an issue additional shares into the marketplace.
Shill bidding? Seriously? Trillions of real $$$ trades take place every day. Lose the paranoia and see the market for what it is. Ask yourself why OPEC and oil companies weren't able to keep oil at $100 a barrel.
Don't think we close green today though the bounce to and fade from the 1929 level in ES was a nice tip of the hat to those who didn't see an historic crash coming. I have been telling anyone that would listen IRL for the past two weeks the top is in and we are about to witness something they will talk about in history for 1000 years to come. It is here now, nobody can deny that now.
Game over man, game over.
One can only hope! Another shorting opportunity!
I'd like to see the Dow back to high 16,000s before the next leg down.
DavidC
It kinda did? The moon is just nearer to earth these days.
Because those 100+ idiots that 'own' the same ounce of GLD still think they 'own' it...
It won't be long, brother. Confidence in all things paper will be lost and the stampede into phyzz will commence. Dollar is down 1.8% and PMs are flat or down! Sure, not a smidgeon of manipulation here.
I will say that i do accept bitgold.com during a collapse scenario that may occur in any asset class.
I'm surprised they aren't being slammed down by sellers due to margin calls.
In '08 it took a couple days of bad news before gold reacted positively.
So they brought it up , now will go sideways for most of the day , then they will juice it again into the close.
Classic PPT
Nevrmond - they're going for green to send a message
"How come gold and silver aren't to the moon?"
That's actually a solid point. What we are seeing may be less a loss of control, than a planned event. This could be happening in order to allow the Fed to blame China for not only their postponing the rate hike "hah", but also for causing the need for whatever QE-2.0 insanity they are planning. The violent rise in PMs will signal the actual loss of control - or at least the end of the system as we know it.
In other news, Hillary is elated at today's headlines.
Ah.
Would you 'splain "violent rise" in mathematical context.
The surges of .80¢ and the "to the moon" rises of $1.11 have confused my metaphrorical sensibilities.
Fair question. And it deserves a fair answer:
- In a word: Fear. That has yet to set in. And that sort of Fear will not come about until it dawns on the average man, that the U.S. economy is not what it has been advertised to be. In other words, Lies upon lies coming undone. We're not there yet.
Fear was 2008 when Bush and then Obama sucked up all available cash and gave it to the speculators. After seven years, it's bitter recognition.
Gold is only used in luxury items. Market bombs, rich become poor, no money left for luxury items, gold drops. Bonds get clubbered, need to refinance portfolio, gold selloff, gold drops. Simple really, supply and demand. Will be that way till Judgement day minus 5"
Because in a deflation, EVERYTHING is less. Gold and other PM's will get hammered, according to the FRN number. Intrinsic worth remains the same. Cash wil buy you more. Cash. It's my mattress stuffing. Never slept so well in my life.
Gold and silver will go down for a bit as people need to cash in assets to pay off losses.
Because Yellen hasn't announced QE4 yet, and China hasn't announced their gold holdings yet.
Bubble ended in 2011.
In order for things to move higher, there needs to be buyers...
It will be another 25 years for the new batch of suckers...
Sell All Rallies (S.A.R.) I am surprised Gold has held up this much over the past 2 years.
"How come gold and silver aren't to the moon?"
Good question.
The reason is because gold and silver are a part of The Great 2015 Commodities Complex Crash, led by oil.
The equity markets are fake false casinos rigged by governments.
The commodities complex shows the TRUE underlyiing problem.. worldwide Depression, Deflation, and Demand Destruction (alliteration intended), not just in China, as well as massive worldwide oversupply.
Much more to come.
Stay OUT of gold now.
Gold = $925
Silver = $13
hhahahahahahahahahahahahhahahaha
Fan just hit the shit.
Buy the dip Bitchez
"I will say that China’s markets still are pretty much separated from world markets," the secretary of Treasury, said. "They’re, obviously, moving towards being more integrated, but right now they’re not."
"So you’re not going to, I don’t think, see the direct linkage there," Lew said.
"I think the concern, that is a real one, is what does it mean about long term growth in China.”
I'm going long on PeptoBismol sales in the vicinity of the Eccles Building...
What's Yellen's take on this?
Retire, like Bernocchio. When it gets serious, you have to retire and go on a free dinner circuit explaining how great you are.
Narcissism is a mental illness.
If she announces her retirement markets would go up 800 points. The little troll bitch just doen't have the chops and everyone knows it.
As modeled by Greenspoccio.
3%
They are indeed going for a green close today...
churlish and reprehensible behavior, saving themselves with somebody elses organs..
I guess it doesn't matter if there is a flash crash as long as they can push the markets back to unchanged.
I'm making popcorn and opening up a beer (or two) as I type this. Cheers!
Outstanding!
Thats MY motherfucker right there! Take a piss off the back deck in broad daylight too!
Funny. I just happened to be online when the 2010 flash crash happened. Got a good timeline of screen shots from that.
Looks like 3-4% down is all that is allowed today.
Are they queueing SELL orders? It seems like PPT chicanery is too obvious to hide.
"Village fever, feel so right, but I must admit it got the best of me ..."
https://www.youtube.com/watch?v=MDcbZYQTim4&feature=kp
https://www.youtube.com/watch?v=k2XKcfRLbo8
You aint seen nothin yet bitchez.
You might be right. There are lots of other things behind this market crash. Does Greece still get a bail out? There are estimated to be about a quadrillion dollars worth of credit default swaps out there, too. If governments start going belly up it will get apocalyspe ugly.
Those swaps are worth the same as Chucky Cheese tokens in a shopping mall.
Here's how we can beat the system ... TIME RADIO!
http://iamsully.com/?p=5865
Yellen will be speaking later today- to give the historic speech:
"All your 401Ks are belong to us!..."
Raise the rate!!!
Come on, lets pull all the band aids off at once you pussies!
Damn auto play video ads suck. Really slows this down.
And yeah..I'm also guessing 'in the green ' for close today.
https://adblockplus.org/
https://addons.mozilla.org/en-US/firefox/addon/adblock-plus/
https://adblockplus.org/en/chrome , etc
....even for some phone browsers!
Also Privacy Badger from EFF: https://www.eff.org/privacybadger
NoScript stops everything dead in it's tracks. Like all of those stupid fucking social media tracking icons on every fucking page. Cuz we all loooooove to be tracked.
www.noscript.net
We are off the lows of the day.
Nostalgia!!!!
Wow, the third great depression only lasted 30 minutes. Millenials will tell their grandchildren about the horror of the depression when the dow fell 1000 points one day, and they lived through a whole hour of financial carnage. ...Oh, the humanity. Long live the FED, the great and powerful Oz.
... now shut up and eat your FUKUSHIMA SUSHI!
(and bleed out your butt)
https://www.youtube.com/watch?v=ktvTqknDobU
The avatar you choose speaks very well of the one behind it. It really doesn't look "cool"; it does look stupid.
Wait till the close when the plunge protection teams, "trillion dollar buying scheme" gets flushed down the toilet with a -1,000 pt close!!
asshole?
Why take it by force when you can steal it with class.
Truth hurts
cnbc is a rat trap.
i learned that 15 years ago.
I miss Mark Haines!!!
+1 Agreed. I watched this happen in China over the past few weeks. Just when the PPT makes it "safe to go back in the water" JAWS (those desperate to sell) will re-appear and it's bombs away again on the DJIA!
wow, i'm glad someone recorded how wall street makes money in a low volume rigged equity market.
will store for future reference.
i did not make a contribution to the wall street mafia bonus plan today.
they're going to have to change the "blame canada" song to "blame china" /s
https://www.youtube.com/watch?v=bOR38552MJA
I would like to be in on all the central planner back-line-speed-dial conversations right now.
Will Krugman recommend a quadrillion in stimulus? I want to hear that number...a quadrillion.
You know something is broken if Bid > Ask price on your S&P Puts ... http://imghub.co/v/qdNeQ
Contang-OHSHIT!
Shit, it was probably racing for Shanghais near 9%.... no worries China will open again. Good luck shining up this turd, be prepared.
FED put up or shut up.
I think I've found my love-joy-goo-center ...
(as the road apples of history clutter the sidewalk)
https://www.youtube.com/watch?v=eP05iSzpz94
It would be nice to see who the major dip buyers were today!
I presume you and everyone else knows what is going on, now you just want to see it. Voyeurism has its merits.
This is no Flash Crash ... This is Crash Crash
NQ move 20 pts is less than 1 minute
Big deal 6.5%, wake me up when we match black Monday's 24% now that was impressive, and the best dip to buy of all time.
OK, I'll call ya Wednesday...
Its rainbow day.
looks like i picked a bad day to stop shooting smack...
The big news is the dollar dropping. This shit will not end until the fed is forced to not support the market by the USD plunging. Until then its all theater.
The big news is the dollar dropping. This shit will not end until the fed is forced to not support the market by the USD plunging. Until then its all theater.
https://youtu.be/gaUvSzp9-WU
Russian ruble collapses to 7-month low on weak oil prices
http://finance.yahoo.com/news/russian-ruble-collapses-7-month-081343086....
China cuts investment in Russia by 20% due to weaker ruble
http://www.unian.info/economics/1114667-china-cuts-investment-in-russia-...
Haterr!!!!!!!!!!!!! YOu hate real men and leaders.
Life under criminal putin regime can get absurd. But in same time it’s an example how North Korea get to it’s absurd regime. Where everything is upside down and hate propaganda rules the day. I guess Russians are going that direction.
Look, putin regime with it’s propaganda announcing that Western products are banned and should be replaced with local products or imported from other countries. Those Western products that are found in shops are destroyed on site in most bizarre situation – like running over 3 packages of ducks meat and burning 50 ducklings.
https://youtu.be/S4uVcptN1Lo
Russian officials ‘burn 50 ducklings smuggled across Ukraine border’
And that Russia will survive all sanction even if that means to live without food.
Kremlin hard-liner: Russians would ‘rather starve’ than surrender Putin to Western aggressors
That is what putin regime elite & it’s controlled propaganda telling to Russians.
Now, in same time putin regime elite is buying Western Luxus products
Vladimir Putin’s spokesman in luxury watch scandal; Russian bloggers cry corruption after Kremlin press secretary flashes £400,000 timepiece at his wedding
Travels to Western countries with Western Luxury yachts:
After Wristwatch Scandal, Putin’s Spokesman Grilled Over Luxury Yacht
Sends their children to study in Western schools and lives in Western countries:
Educating Their Children Abroad Is the Russian Elite’s Guilty Secret
They don’t use Russian medical services but instead for some reason they choose Western medical treatment.
Russians Should Show Mercy to Kobzon
Of course they can offered it because they steal money from Russians 24/7
16 Eye-Popping Examples Of Alleged Corruption At The Sochi Olympics
Russia Awards Lucrative Crimea Bridge Contract to Putin’s Crony
In normal country this would not be possible as people would protest against stealing their money and for these double standards putin regime lives in. But under putin regime rule – there isn’t such problem for elite because criminal putin regime just like hitler is in control over mass media in Russia:
How the Media Became One of Putin’s Most Powerful Weapons
And putin regime propaganda even attacks Western world:
Bad news for Putin as support for war flags beyond Russia’s ‘troll farms’
Woman who sued pro-Putin Russian ‘troll factory’ gets one rouble in damages
So here you go – people in Russia is living in crazy world under putin regime hate and lies propaganda. I just hope they will wake up before they are not led to North Korea style regime. But for one thing I am sure – there will be revolution in Russia. I just hope people of Russia will win it – not the corrupt elite.
Haterr!!!!!!!!!!!!! YOu hate real men and leaders.
putin regime in eyes of ordinary russian seems to be doing right job by standing against everyone and everywhere. Seems is correct word, because he is not putting Russians and Russia in first place, because he:
Is that in interest of russians? I don’t think so.
Are you sure it is not America to which you refer?
Wasn't Putin 2.0 put in place, some time ago? After that lengthy 'absence'?
Or was it just that he 'had some plastic surgery'. Which is probably true. The lookalike WOULD need plastic surgery and some days to recover!
Or am I confusing Putin and Paul McCartney?
Sounds suprisingly like Obama.
Too true. They both want to take their countries in the same oligarchic direction and believe strongly in the cult of personality so long as they are the personality being culted about.
Also a pretty good explanation why the two of them don't get along at all. There can only be one demi-orc at the top of the pyramid.
You think any "leader" anywhere is in it for the little people? Hardy-har-har.
The 52 week low is 78-1, back when the Russian people were dumping the rubble for furniture and big screen TVs before it collapsed in value. Remember those crazy images?
Getting closer to round trip territory while China's Syndrome grabs all the worldwide attention. Liked the quote from Medvedev about "hoping" people would be "encouraged" to sell their fx for rubbles. I can imagine what sort of "encouragement" he has in mind.
Makes sense to dial back on FDI as well. These deals are predicated on a certain ROI. Dropping the value of the currency severely impacts the anticipated economic gains of any envisioned deal. May still go forward but only after recalculation and perhaps renegotiation.
WHAT A LOAD OF MANIPULATED SHIT.
The algos robbed the shorts, ran the stops, now it's up and away.
Chalk it up to learning.
I was educated 15 years ago.
volatility baby!
thanks guys, bought 500 AAPL and 500 NFLX cheap today
not a bad day's work.. up 5 on AAPL and 3 on NFLX . Don't get the downvotes. Do you people only make money when stocks go down? lol
On Thursday, August 20th a primary bear market was signaled. Furthermore, it was warned that many crashes have followed a primary bear market signal. So the price action we are seeing should not surprise us.
http://www.dowtheoryinvestment.com/2015/08/dow-theory-update-for-august-...
Nothing is carved in stone, but the odds favor lower prices in the days ahead
finally some minor correction
still a long way to go
I'm going to DismalLand!
You spelled it wroing. Di$$ey Land.
This is all planned, folks. Analog we posted back on Mar 27 forecast the USDJPY return to below its 200 day moving average, and the impact it would have on stocks. It was supposed to happen on Aug 13, but oh well.
The yen carry trade has fueled most of the rally. When USDJPY plummets, so do stocks. Pretty straightforward.
http://pebblewriter.com/our-analog-plays-out/
Anyone have a link to a real-time chart of this farce? I can't visualize the insanity with just quotes. 150 point difference between Yahoo!Finance delayed quotes and real-time quotes. Crazy.