Baumgartner'd...
From 17,660 highs to 16,058 lows in 10 days!
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That's called the january effect.
<- PPT good for >100 points up in last 45 minutes
<- PPT raped by bears Revenant style
i dunno, the s&p slope took a pretty hard right turn once we had confirmed breach of 1900...
other problem they have is as more & more people hear stfs(pike) it's quickly going to get prohibitively more expensive to arrest momentum...
So far, at 3:33, a deadcat bounce failed to hold 1900. Doesn't look good.
S&P 3 pts off the low, Dow near down 400: looking ugly.
PPT intervention was insufficient, but will no doubt burn the midnight oil to engineer a higher open.
Not sure about that: maybe this time it was purely defensive, trying to hold the line to stop the waterfall.
Gold is up! Say what???
Don't worry, the fed officials gave us confidence when they raised rates 25bps. Repeat after me, everything is great, we are not in a crisis. Now say it!
I can hear the "Everything is Awesome!" song in my head as we speak. After the Fed move and the President's speech I really really believe, now.
I will be sending a nice letter to Santa this year, too.
You all remember Jesus and that Resurrection thing....He might have been in the Grave...But Sunday was a coming....well....3:30 is a coming Faithful. Carry On.
I'm personally rooting for -500 on the Dow today (just like every day since March 9, 2009).
I can't say I like to root for crashes but I do like to be correct. I also like a market based on reality and not interventions. So, i am rooting for -3000 or more (not in one day) to get to real valuations, to demonstrate the failure of interventions and hopefully get a reset.
I am also pretty sure there will be no actual reforms, learning curve or anything that improves investing for the future.
Das Boot is going down - DIVE ! DIVE !
14500 in the next 2 weeks.
BAM!
I believe you are far too much an optimist Sudden Debt. I think Dow 11K by this Friday has a nice ring to.
Not if mein Fuerheur Janet has anything to do with. There's an election coming god damn it and this Fed is so politicized they will turbo charge the printing presses to save the Magic negro.
Or die trying.
Obama doesn't need saving: he's got his eye on the finish line: honoraria, body surfing and golf clubs.
Time to sober up Art Cashin for an on-air interview ....
Buy the dip at around 6,600. Then you can make a killing riding it up to 8,200 over the next three years.
Looks like they got the PPT up and running early today. All indices are Off the Lows™
Thank you, Bob Pisani, for pointing that out.
Or my favorite...
"Markets have given back some of their early gains"
When premarket they were up 0.2% and are now down 2%.
Ironically, viewership of CNBC goes up when the market goes down hard.
Everyone enjoys watching cognitively disabled people try to escape an unpleasant predicament.
ps: seems like a great time for Gold and Silver phony paper prices to begin dumping as well....right?
"If you don't eat your meat, you can't have any pudding, how can you have any pudding if you don't eat your meat!" "You! Yes, you! behind the bikesheds, stand still laddie!"
POLISH THAT FUCKING TURD MOTHERFUCKERS. EVERYTHING IS AWESOME
know what...no "self help" declarations...you know sh*t is real when they pull the plug...others have mentioned "controlled demolition" by the Feds...I'm starting to think...looking at how "even" the downslope is on the dow today these folks are onto something!
You can let out a fart slowly, but sometimes you lose control and it fires off complete with lumps.
Get Bernanke back on the job LMAO
Obama said things were great. The fed is still raising rates. Michelle has a new dress. Everything is perfect.
Stop peddling fiction, ZH lol
The Royal Bank of Scotland just put out a warning, "Sell Everything!"
"Ooops." ~ Yellen
FUCK YOU Bernanke!