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Today's stock market brought to you the number '25' and the word 'algo'...
What happened during the last FOMC meeting week?
Charts: Bloomberg
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like all things that are rigged, the outcome is entirely predictable.
If the Fed actually pulls the trigger, then it will be much worse than last time.
If Yellin pulls the trigger, everybody gonna be yellin' as their posteriors get reamed with the Ultra Big Crash 'N Burn Dildo from Ronco, the Vegematic Slicer people..
I think Yellen will bump the rate up, I also think the PPT will be at the ready to turn it green, proving it was the right thing to do. Watch for the usual Dollar/Yen ramp the donkey hammering of VIX.
Why not ??
It is just digits on a screen.
Push the button.
That was easy.
Jesus, how much longer do we have to endure this Criminality.
Just until the new Criminality takes over.
I think LawsofPhysics may have an answer for you.
Until Christ returns.
For anyone who's interested, we're running a contest to see who can guess tomorrow's close on SPX. Closest to the pin wins a one-year membership or bull session. Entries are due by today's close at:
http://pebblewriter.com/contact-me/
i think i've seen this movie before. it's called "jamming the indexes higher on the cheap".
Oh, Dreidel, Dreidel, Dreidel, I made you out of cheap Chinese labor!
yes, didn't it do that and then totally reverse again the day?
Wall Street = Sesame Street
Presented perfectly in 1 Sentence and 2 Graphs.
+1 Tyler
Not sure what the number 25 has to do with this.
Note that last time the s&p dropped about 20 points.
This time there is about a 50-point gap looming.
Wasnt sure either, but I think the SPX was up 25 points when tyler wrote the story.
Maybe that was it but now.....it is crashing and only up 28 points
Yellen speaks, S&P crashes, algos BTFD, S&P roundtrips back up again.
All of your markets are belong to us.
It's very simple: the Fed buys Futures and the underlying issues have to rearrange to match. It's the cart leading the horse.
Hanukkah ends and oil rips 10%, COINCIDENCE??????
For the last night of Hanukkah you get 100 oil contracts son, go out and wet your beak, make sure to double your money or you don't get a $2000 escort for your Bar Mitzvah. You get a $20 whore to teach you that losers get syphilis.
The only thing different this time is, we at the Fraudurel Reserve plan to accompany our tiny rate hike by a trillion $ of new buying of SP500 futures.
This way, we send the same message we sent when the U.S. Debt was downgraded and we ran-up the bond market, that the market loves rate increases and credit downgrades!
and that there is nothing we can't do as long as we control the printing of the U.S. fiat dollar. and I mean, nothing.
The more perverse the conditions we make, the more extreme measures we have to take to prop-up the overleveraged mess we have created. According to our models, we can keep this Hindenburg market alive at least another year. hahaha!!!