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Off-Balance Volume
"Buying" versus "selling" volume has diverged dramatically in the last few weeks creating a dangerous sense of pre-Black-Monday deja-vu.
We've seen this before.. very recently...
Bigger picture, since the end of QE3, this pattern of divergence has been building...
Is an imminent market crash just what The Fed needs to avoid making the same mistake it made in 1937...
h/t @Not_Jim_Cramer
Charts: Bloomberg
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SAME AS IT EVER WAS,
SAME AS IT EVER WAS,
SAME AS IT EVER WAS
https://www.youtube.com/watch?v=98AJUj-qxHI
And unicorn farts are bullish, too.
With the aquifer gone in the midwest, and drought everywhere else, I guess we will get another john Steinbeck novel, and some flying dirt, just to make the trip down memory road to the Dirty Thirties absolutely authentic.
I wouldn't worry about it...I'm sure the Fed has our best interest at heart here......janet stuttered and mumbled sumthin to that effect
damn that's a long way down. better stop by the store tonight to get some popcorn
Get the good stuff, and lots of it, the freak show is just getting started......
Don't forget the butter and grated parmesan cheese toppings.......................
All my kernels have been popped.
All that is left is stale, moldy popcorn from every other time I believed 'this is it'.
I get the feeling much like Palpatine, "Everything is going as according to plan" isn't exactly going as planned. There's a disturbance in the force, and I think it's about to shit all over the people who think they control it.
Our window of opportunity is approaching. If we want to save the country/world, our chance will be at our feet soon.
Patience young padwan.....
i dont know what off balance volume is but on balance volume was created by Joe Granville, who used it to call the 87 crash
Yes, back when interests rate were where again? There was some price discovery left then. Remember when those bankers (S&L "crisis") actually went to prison?
Yeah, sorry, that world no longer exists.
yes true....but at least now we have market and FOMC transparency....BWAAAAAAAAAAAA
He does, have a point, LoP.
Roll the guillotines Bitchez.
Every time it's about to drop a bit it magically starts going up again overnight.
Seen this movie many times before.
The central banks push their buttons and the indexes start climbing again.
I can't keep up anymore. What bandwagon is it we are supposed to be jumping on today?
ZH (recent past)...."Fed causing economic calamity by keeping rates artificialy low"
ZH (now)..."Fed causing economic calamity by raising rates"
That's called being stuck between a rock and a hard place.
Or painting yourself into a corner...
Or being out of bullets...
Its both.
"Fed causing economic calamity by keeping rates artificialy low"
Correct
"Fed causing economic calamity by raising rates"
Also correct Fed should have been raising rates already. But then their buddies wouldn't make as much doya. So now they jabber about raising rates (jawbone) rates higher. This achieves their aim for now. So YellcoBIS (Yellen and comany a subsidary of the Bureau of International Settlemnts) will chicken hawk us until closer to the next election, or the maket suffers a natural (lol) down move, or something from left field blow them away.
My guess buy the dip the next two weeks (lol again), 'cuase we'll see another rip when 'market' conditions prevent said 25bps rate rise again. Then we'll do it again in Feb. Its the defalegate of the financial world
A fog has enveloped the markets... what is normal is now the "new normal"...so Janet welcome to your "data dependent" world of irrational numbers.