Dow Crashes 650 Points From Bullard Bounce Top

Tyler Durden's picture




 

Some folks are selling... a lot.

 

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Fri, 01/15/2016 - 12:46 | 7051187 nink
nink's picture

Sinkhole

Fri, 01/15/2016 - 12:46 | 7051191 PAPA ROACH
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It's 3 a.m., a phone rings in the House of Saud, somewhere in the world there is a crisis unfolding.....

Fri, 01/15/2016 - 12:47 | 7051200 Wulfkind
Wulfkind's picture

Never....NEVER go full BULLTARD !

Fri, 01/15/2016 - 12:49 | 7051223 El Oregonian
El Oregonian's picture

This reminds me of one of those giant sinkholes I have recently seen on youtube.

It is one heck of a picture...

Fri, 01/15/2016 - 12:53 | 7051260 Soul Glow
Soul Glow's picture

MOAR BULLARD!!

Fri, 01/15/2016 - 13:12 | 7051427 AnonymousCitizen
AnonymousCitizen's picture

<-- Sell everything, buy silver

<-- BTFD

Fri, 01/15/2016 - 12:54 | 7051271 OregonGrown
OregonGrown's picture

"We FUCKED some folks'"

Fri, 01/15/2016 - 15:36 | 7052321 HamRove
HamRove's picture

"We fucked some folks....Mmmkay."

Fri, 01/15/2016 - 12:53 | 7051261 Mr Pink
Mr Pink's picture

I sure hope Bullard's buddies had enough time to sell

Fri, 01/15/2016 - 12:47 | 7051202 glenlloyd
glenlloyd's picture

Yay, this means we'll get to see the barfing clown...

Fri, 01/15/2016 - 13:20 | 7051482 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

It also means that we will get to see the barfing unicorn, and we will get to see the real barf on that guy's sweater again.

 

Note: We have collectively surpassed the barfing stage on technical grounds, and we are now entering the gutting stage with all those messy entrails.

 

Have a nice weekend, Z/H.

 

:|'

Fri, 01/15/2016 - 14:34 | 7051981 Automatic Choke
Automatic Choke's picture

can we get a unicorn barfing rainbows in the headlights with a barfing clown on its back, pretty please?

Fri, 01/15/2016 - 12:48 | 7051214 freewolf7
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PPT shows up for work.

Fri, 01/15/2016 - 12:54 | 7051268 KnuckleDragger-X
KnuckleDragger-X's picture

Hung over and wearing Yellens used underwear......

Fri, 01/15/2016 - 12:53 | 7051263 Wulfkind
Wulfkind's picture

Oil about to hit the 28 handle

Fri, 01/15/2016 - 13:07 | 7051388 Scooby Dooby Doo
Scooby Dooby Doo's picture

Shaggy brought Scooby to MsDonalds drive thru last night in the Mystery Machine. So we ordered and the cashier lady repeated our order then said "that will be a $7.54 handle".

Scooby was like "what am I, in ZH land or sumptin?".

Fri, 01/15/2016 - 12:46 | 7051188 OldPhart
OldPhart's picture

I'm not worried, the 3:30 intervention will offset it.

And it's not like I've got money in the casino  to start with.

Fri, 01/15/2016 - 12:47 | 7051205 Dr. Engali
Dr. Engali's picture

Not today.

Fri, 01/15/2016 - 12:55 | 7051267 Soul Glow
Soul Glow's picture

If you think this is bad imagine Tuesday.

Fri, 01/15/2016 - 13:07 | 7051386 HardlyZero
HardlyZero's picture

Just sold some mutual funds, which actually sell after market closes.

Tuesday may be grim for the markets.

Fri, 01/15/2016 - 14:23 | 7051915 ThirteenthFloor
ThirteenthFloor's picture

<- last one in the room turn out the light

<- buying opportunity

Fri, 01/15/2016 - 12:49 | 7051222 jakesdad
jakesdad's picture

looks like they got an early start - must have plans for 3-day weekend...

Fri, 01/15/2016 - 12:46 | 7051192 Jayda1850
Jayda1850's picture

Loving every fucking minute of this stock market crash. Great fucking beginning to the year. DIE MOTHERFUCKER!! DEATH TO THE MONEYCHANGERS!!!

Fri, 01/15/2016 - 12:47 | 7051196 Global Hunter
Global Hunter's picture

central banks providing some shitty market stability today hehe

Fri, 01/15/2016 - 12:47 | 7051198 Seasmoke
Seasmoke's picture

Pffft. That's all ???

Fri, 01/15/2016 - 12:47 | 7051204 2ndamendment
2ndamendment's picture

We panicked some folks. 

Fri, 01/15/2016 - 12:48 | 7051213 katchum
katchum's picture

Bullard pop 3.0 coming.

Fri, 01/15/2016 - 12:49 | 7051217 __Usury__
__Usury__'s picture

quick........we need another BILLION $$ lotto jackpot to distract the sheep.........

Fri, 01/15/2016 - 13:00 | 7051327 Pabloallen
Pabloallen's picture

I dont know if you saw the ebola article yesterday.........

Fri, 01/15/2016 - 12:50 | 7051229 Dr. Engali
Dr. Engali's picture

Now I know why the MyRa caps are $10,000. By the time this is done if you have that much you will be considered rich.

Fri, 01/15/2016 - 12:51 | 7051235 Keltner Channel Surf
Keltner Channel Surf's picture

Closed my RUT short via TZA at 12:38, probably will kick myself, but I'm skeptical there won't be an OPEX & long weekend effect that could screw with shorts later this afternoon.  Just seemed the way down was a bit too spiky and difficult today, as if some folks were loading up a bit (or perhaps OPEX algos)

Good luck to those holding out for a final dump, and congrats to ZH-ers keeping the faith with short holds, a much deserved reward, long overdue.  Have a nice weekend everyone.

Fri, 01/15/2016 - 12:51 | 7051245 Squid Viscous
Squid Viscous's picture

good trade KCS, cheers

Fri, 01/15/2016 - 13:40 | 7051613 Keltner Channel Surf
Keltner Channel Surf's picture

Thanks, Squid, hope you got a little short action yourself today.  Enjoy the holiday.

Fri, 01/15/2016 - 12:53 | 7051254 Dr. Engali
Dr. Engali's picture

Good move, best not to be greedy. You never know what they have in store over the weekend.

Fri, 01/15/2016 - 13:39 | 7051360 Keltner Channel Surf
Keltner Channel Surf's picture

Thanks Doc, timing looks good, but it's not uncommon for there to be a huge sudden spike near key levels at lunchtime as some shorts cover,  However, that big stiletto wick on the 1:00 candlel would need to be overcome as a desperate VWAP ignition spike.  With indices just below key weekly levels, I don't see them making the run in the last hours before a holiday to the next target down. but you never know.

One thing I've started doing on big gap opens (as I start each day in cash) is to use 1/3 sized positions, which allows you to avoid the stomach-churning with wider stops, yet still get a profit equal to a full position on a normal day.  Everyone has their methods, but if this holds it will be nice to see happy celebrations on the boards later today.  Would be the biggest OPEX dump I can recall ...

Fri, 01/15/2016 - 12:58 | 7051300 mandalou
mandalou's picture

Very nice trade buddy.

Fri, 01/15/2016 - 16:28 | 7052596 daveO
daveO's picture

.

Fri, 01/15/2016 - 12:53 | 7051253 two hoots
two hoots's picture

With a high enough fall you don't bounce, you splat.

Fri, 01/15/2016 - 12:54 | 7051265 buzzsaw99
Fri, 01/15/2016 - 12:55 | 7051276 A_Gobshite
A_Gobshite's picture

Good thing the market is closed on Monday

Fri, 01/15/2016 - 12:57 | 7051285 RadioFlyer
RadioFlyer's picture

This is appropriate for today:

Gotta get the bread and milk!  They said SNOW!

https://www.youtube.com/watch?v=i6zaVYWLTkU

 

 

Fri, 01/15/2016 - 13:00 | 7051319 Palladin
Palladin's picture

From Nanex.

Expect a bounce.

https://twitter.com/nanexllc/status/688051729305190400

 

 

 

Fri, 01/15/2016 - 13:02 | 7051339 Drop out
Fri, 01/15/2016 - 13:03 | 7051361 Drop out
Drop out's picture

Sorry, I meant to post this one:

https://www.youtube.com/watch?v=J-PQ5twyxpY

Fri, 01/15/2016 - 13:15 | 7051446 USSLiberty
USSLiberty's picture

Ok, I sold my energy puts. Waiting for the rip, so I can short the next leg down. Come on PPT do your part!

Fri, 01/15/2016 - 13:26 | 7051527 Seal
Seal's picture

There cannot be construction without destruction. KALI

the shadow side of that idiot Sir F'n Alan Greenscum's "wealth creation" 

 

Fri, 01/15/2016 - 13:41 | 7051624 ejmoosa
ejmoosa's picture

Where's todays GDPNOW update?   SHould have been out two plus hours ago!

Fri, 01/15/2016 - 13:44 | 7051651 Fed_is_Love
Fri, 01/15/2016 - 14:18 | 7051900 silverer
silverer's picture

How about QE bumper stickers to pump up the market?  After all, this whole exercise stopped being anything but psychological since president Golfstix plugged Janet into the Fed.

Sat, 01/16/2016 - 05:58 | 7054572 dreadnaught
dreadnaught's picture

anyone ever see a "Whip Inflation Now" lapel button?

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