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BTFD?
Submitted by Jim Quinn via The Burning Platform blog,
The CNBC bubble headed bimbos and brainless stock touting twits will be in ecstasy today as the ever predictable rebound is under way. The market will soar by over 500 points at the opening as the excuse of the day is China’s desperate interest rate cut to try and stem their downward spiraling economy and markets. The Wall Street captured boob tube brigade will tell their almost non-existent viewership that all is well. The terrifying plunge is in the past. The economy is great. Housing is strong. Stocks are now a bargain. It’s the best time to buy.
Now for some factoids. Six of the ten largest point gains in the history of the stock market occurred between September 2008 and March 2009. That’s right.
During one of the greatest market collapses in history, the market soared by 5% to 11% in one day, six times. Here are the data points:
2008-10-13: +936.42
2008-10-28: +889.35
2008-11-13: +552.59
2009-03-23: +497.48
2008-11-21: +494.13
2008-09-30: +485.21
Do you think these factoids will be shared with the public today on the stock bubble networks? Not a chance.
The mindset of the arrogant clueless investor is that by the end of today they will have recovered over 50% of their losses incurred in the last week. Even if they think the economy is headed into recession, they will hold on hoping they can recover 100% of their losses before selling. If they are really dumb and trained like a monkey to BTFD, they will buy some Apple, Netflix, Amazon and Tesla today. Buying the dip has worked for the last six years. It will surely work this time.
If you are a critical thinking awake individual who can see the wheels are coming off this debt dependent bus to nowhere, you would take the opportunity to sell into today’s dead cat bounce.
If you choose to believe the shills, shysters and hucksters paraded on the corporate MSM over the last two days, you will end up like millions of other muppets.
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Meh, what could possibly go wrong?
This is all a setup to a bigger crash which will get out of control this fall. Crash 2015, here we come!!
Buy the DRIP.
You mean it's not all fixed?
So that's why their hammering the crap out of gold and Bonds
Perceptions Management and Market Manipulation at it's Best!
https://www.youtube.com/watch?v=EEUVhdnBSkQ
Buy what? Ponzi?
"If central banks purchase stocks in order to support equity prices, what is the point of having a stock market? The central bank’s ability to create money to support stock prices negates the price discovery function of the stock market."
-Dr. Paul Criag Roberts
Whats funny is that you have Bernie Sanders saying that the problem we have is "Free un-checked Markets" I almost puked when I hear a presidential candidate say this to a crowd that cheered him for such a false statement. If what we have now is free markets I cannot imagine what this guy has in mind as controlled markets.
If you think watching those sheep is Chilling watch this piece by comedian Bill Burr on the O' Brian show. I thought I was the only one who noticed it. Either it was pure ignorance or shock of someone actually speaking the truth in Public on the Presstittute Media platform.
http://www.infowars.com/video-comedian-jabs-hillary-clinton-for-attendin...
BTFD?
Fuck no....BTFCOS
Buy the fuckin chunks of Sunshine!!!
Back in stock today for $1573 right now!!! These sell out now within a day.
As long as the sheep are paying attention to Kim Kardashians fat butt everything will be groovy......
how do you know she has a fat butt? Knuckledragger, are you buying into the hype? Talk to me , it is ok to express yourself. you are amongst friends.
https://www.youtube.com/watch?v=reTx5sqvVJ4
If you think watching those sheep is Chilling watch this piece by comedian Bill Burr on the O' Brian show. I thought I was the only one who noticed it. Either it was pure ignorance or shock of someone actually speaking the truth in Public on the Presstittute Media platform.
http://www.infowars.com/video-comedian-jabs-hillary-clinton-for-attendin...
a well written, if somewhat misguided ("Wall Street aren't the bad guys") write-up on Sanders
http://www.nationalreview.com/article/421369/bernie-sanders-national-soc...
Buy the ZIRP!
#MuppetLivesMatter
S&P's gonna close up somewhere between 1% and 4%, pending the inclination of the late-day algo ramp. Best it will get to is COB Friday. And the sheeple will have forgotten all that.
Nonsense, there is nothing better than fresh, roasted muppet......
Whew! Glad that's over with!
Never underestimate the insanity people
will resort to in order to:
A market collapse takes weeks, months, and needs plenty of supernova days to lure the weak children back into the slaughter house.
It is the only way the big inside money can clean it's books and get out for good.
Now have a pile of powder, waiting for gold to drop back down to the $1,000 range or lower.
Good luck finding it IF it drops to that.
http://www.jmbullion.com/100-oz-sunshine-silver-bar/
These are selling out almost as soon as they come in.
"Stock Market Crash of 1929 – The Dow falls a total of 23% for October 28 and 29; then makes a sharp 12.84% rebound on the October 30. However, over the next several years the stock market fell dramatically."
https://en.m.wikipedia.org/wiki/October_27,_1997,_mini-crash
I had to wath this morning, sure enough all is well. Won't even remember this in 6 months. An email says best buying opprotunity in years. Heh. But i suppose there has to be some sucker buyer on the other end of my downward bet. Good luck and will see you at the bottom next year.
Fucking hilarious!
Funny and surreal. I heard several people today state they would get out soon, right after they recovered their losses of the last week or so.
Dow down 500, up 300, down 400, up 200...............like winning 12.50 on the quarters slots, it's just a slow bleed till nothing is left.
Smarter people then I am around. Overhead some people talking about it. One in particular was giving his "expertise" in stating this is just a minor correction and its over and the Dow will only go up.
Karma .. its a bitch.
Are those the same smart people who were taking out negative equity mortgages in 2007 and early 2008? You know, the mortgages where the payments don't even cover the interest. They counted on constantly increasing property values to make up the difference.....
The Zionist jew media is saying this is a correction, so bleating sheeple repeat what they hear.
Yeah, and if it ever DOES get back up there, then they don't actually sell.
Muppetism 101.
Second most valuable lesson I ever learned as a trader: cut losing trades quickly.
First most valuable lesson: it's impossible to be fast enough in a market dominated by co-located, front-running algos that have destroyed the information content of the book, the utility of market orders and the safety of stop-loss orders.
When the game is rigged, your equipment sabotaged, the refs paid off and you're not on the crooked side, don't play.
Only muppets hold stawks. Sadly for many of those muppets, the govt forces them to.
FUBAR
SNAFU TARFU FUBAR FUBIQ
.
Factoids are like hemorrhoids on the current news channels...
My recency bias makes me confident the writer got it all wrong.
In all corrections since 2009, the right thing was to BTFD!
Like I said earlier, this bounce could go on for a couple of days but I'm layering into some shorts today. The difference between then and now is we have a centrally planned world, and that has to factor into any decision.
I wouldn't be surprised if this rallies into October pissing everybody off then just knocks out any and all support the first few weeks of October.
I don't have a crystal ball but I have seen some pretty weird shit. I think I'll keep the cash sidelined for now.
Wow, havent seen you in a long time.
Oh I'm still here. Read the hedge every day. Just haven't commented in awhile. Been trying to recover from all these damn boating accidents.
That's why I'm only putting a small position using options today. If it goes against me, no big deal.
I went long today....on some SPY puts.
I love how they crossed Kermit's legs. That's an artist
Fake, manipulated markets are independent of history and rationality.
It's a game to lure the suckers in.
One more dead muppet for fun
http://www.fugly.com/media/IMAGES/Drunk/Drunk_Muppet.jpg
I knew yesterday it would pop up no matter what happened.
You trade this shit.
Going to be an interesting week...it all starts with China....then the European close....then the 330 rampathon or not....but I bet we have some more big ups and downs this week....with all the EM termoil.....the world economies are slowing down fast....faster than they know...When the Eu gets a million immigrants a day....they will have enough to worry about other tha an FX play....lol
Mr. -1 sure don't like the anti market sentiments.
Miss Piggy quartered would be nice touch.
Mmmmmh, Bacon.
Actually...I'm thinking about buying. Endevor Silver is looking like a good bargain. Elderado Gold looks good too. Might as well BTFD and load up on junior miners. When the wheels finally do come off, owning stocks in gold/silver mining companies might be a good profit machine.
If the fucking morons running these companies actually gave a shit about creating value for shareholders, I would agree. Unfortunately, they are so retarded, or afraid of nail guns, that they can't figure out that if they tightened production even a little (given the artificial low price of their product), that the value would skyrocket. Given that, you might as well just buy the shiny stuff on sale and make your kids, or grandkids rich.
I usually buy a six pack of Budweiser every week, and while purchasing the beer I always buy 1 lottery ticket for 1 dollar.
This week I have decided against that and have instead invested the money in some stawks.
Budwiser? Are you an idiot? Lottery, yeah, confirmed.
I was walking out of the convenience store with my beer last week and this blond stopped me and asked 'Would you like to trade some beer for sex?" I told her 'Great! What kinda beer ya got?'
Yeah when you call my name
I salivate like a Pavlov dog
Yeah when you lay me out
My heart is beating louder than a big bass drum, alright
Yeah, you got to mix it child
You got to fix it must be love
It's a bitch
I've come up with a great market strategy that is guaranteed to leave you better off financially, and emotionally then anything you've tried so far;
I call it get the fuck out, and don't look back. Put your money into useful productive pursuits. Buy hard assets and invest in becoming self reliant. The dow could go up and down and play whatever games tPTB want to play and it won't make a dime's worth of difference to you.
i don't participate either. might one day if markets return to sanity, so i suspect i'll never be participating again in my lifetime
they can pump it up after hours, freeze it with rule 48 at the open and repeat forever. seems so simple
Funny how we never discuss companies and their 'earnings' anymore. I thought that's what the stock market is supposed to reflect. Oh well. The whole world has turned into a pissing match between unelected central bankster whores. Fuck em all.
Earnings is so 1960ish, and to have an earning implies that someone worked for something. Theses days money isn't worked for. Money isnt a Reward for labor its an Award for spending.
In my property maint business I meet people all the time in their 50's-60's 70's who live on the lake in huge houses, own huge boats, planes, hotrods, antique car collections but have never had a job in their life.
Theres something wrong with that picture. One guy was here yesterday telling me he lost 200K in the market yesterday and was laughing about it.
Hell, most of these guys couldn't cut a board or drill a hole to save their lives.
Theres way, way, way, too much money out in the system and to much freaking junk stacked up on top of each other.
I stay out of choppy markets. It's better to walk on the beach or read a book than to sit at your desk and lose money.
I also enjoy walks on the beach and reading books...in fact, I can read outloud with a nice gentle cadence in a James Earl Jones voice... are you by chance a girl? PM me if you are..
And Piña Colads and walks in the rain?
Hey if the FED has taken control of the markets then the markets are the FEDs. They are going to raise interest rates and have prepared the military in the US for a fight against the citizens of the US in case they revolt because of a bail-in. There is no need to worry about US markets because it is legal to connect infinite fiat through FED and Israeli central bank software to buy up the indexes to whatever is necessary to keep the pension funds afloat. The dip may become large but BTFD.
to be fair, one could have said "But it's different this time" easily a dozen times since 2008; and here we are still celebrating DOW16,000 (again).
To some extent, the talking heads are right: this bipolar market ramps up in the face of negative fundamentals all the fucking time - why not one MORE time?
I have to say, that first paragraph was like a drug for me!
So when they kick in QE4, how high will they push stocks? Living in this fake world of the printing press along with the PPT has worked for them and I assume they'll just keep the show going, maybe a 25,000 Dow before the illusion ends. I'm sitting on physical silver waiting for paper silver to buckle but I am not optomistic. As long as Joe Lunchbucket can log into his account and see a number he likes, it will continue.
1 If Joe Lunchbucket can log into his account, they will raise the price of internet access. OR
2 Joes employer will monitor and record all wifi communications from the lunchroom. OR
3 Joe will find that his home address has been changed to Nigeria.
We're in a BTFD mania. This is your mania phase of the bubble.
In a mania we should get a V-shaped recovery to NATHs. Will we ?
For me, this is a ZH top ten post nominee. Bloodied cookie monster > deer brigade.
Just my two (pre 1981) cents.
You guys said buy gold at the top. Is your timing just as right this time?
These guys always think it's a good time to buy gold, just like stock brokers always think it's a good time to buy stocks and real estate agents always think it's a great time to buy a home.
Before IT happens, it is indeed always a good day to buy some insurance. Better a bit more expensive insurance than no insurance. Clearly, buying cheaper insurance is even better. So there you have it.
80% of fat, stupid, drooling, diabetic American slobs have NO IDEA or concept of buying stocks, dips, drops or anything! Mindless, foolish, stupid ignorant sheep who don't even know they're about to be shorn!
Donald, is that you?
Wow! Don't beat around the bush, tell us what you really think.
Buy! Damn it BUUUUUUUUUUUUY!
This might have something to do with why all the MSM chicks are always smiling and in a good mood.
https://www.youtube.com/watch?v=9gZG86nWezk
I WISH SOMEONE WOULD SMASH THOSE ASININE JERKS IN THE FACE!!!
Has anyone ever been to the Burning Platform site?
A lead story was "Why I Don't Care About Black People".
The amount of virulent hatred and racism on the site is amazing considering it's supposed to be a Libertarian site. Zerohedge can find better sources than this.
Don't worry the Fed is going to throw some worse money after bad as soon as they fix the printer.
Smile God Loves His Traders
Someone made allot of money on yesterday's DIP,
Poor cookie monster. Nabisco moved to MehiCo, outsourced to China and now the Oreos are lethal. Viva Mondelez!!
Waiter
This is not the close I ordered.
Where's the pickle? Where's the lettuce?
Back to 15,900 does upset us.
AOOGA AOOGA AOOGA (thanks to the great 'I Write Code')
One day reversal depth charges (how embarrassing)
If you're keeping score, round 3 to The Middle Kingdom
I like muppets: stir fried with Chianti and Fava beans. And a nice Mesclun salad.