Desperate Demand For Short-Term Crash Protection Pushes Implied Correlation Above 100%

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Tue, 11/01/2011 - 14:11 | 1833283 Irish66
Irish66's picture

WE already said no santa

Tue, 11/01/2011 - 14:13 | 1833289 eurusdog
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Tyler, can you spend some time on discovering who would win the elections in Greece if they happen and how the probable leaders would treat the debt deal.

Tue, 11/01/2011 - 14:24 | 1833353 SMG
SMG's picture

This is just a guess, but it would probably be the banking oligarchy.   Somehow they always seem to come out on top.

Tue, 11/01/2011 - 14:55 | 1833553 ISEEIT
ISEEIT's picture

No doubt he is in Greece right now and will get back to you upon his return.

Tue, 11/01/2011 - 14:18 | 1833305 GeneMarchbanks
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Sub zero winter. Is this MF Global? The China landing? Gpap going rogue? Or just a general sense of despair?

Tue, 11/01/2011 - 14:16 | 1833307 Hedgetard55
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Funny how quickly euphoria can turn to despair in the markets.

Tue, 11/01/2011 - 14:43 | 1833463 JohnG
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Schizophrenia is like that.

Tue, 11/01/2011 - 14:17 | 1833312 lolmao500
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There needs to be a coup in Greece, that's the only way things can get fixed.

Tue, 11/01/2011 - 14:27 | 1833378 Dr. Engali
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Greece? Is that the only place?

Tue, 11/01/2011 - 14:39 | 1833441 lolmao500
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Nah. America. France. Italy. Germany. Ireland. Britain. Basically most of Europe.

Tue, 11/01/2011 - 22:41 | 1835409 Melin
Melin's picture

Nah...we've only just begun the argument.  Three years ago Bush "saved Capitalism" by shoving the mixed economy deeper into the statists hands.  Since then, many people have been waking up and speaking loudly to and at their government and others have been speaking loudly to and at the bankers who keep our government "representatives" lolling about in the lap of luxuries in return for regulating competition out of the market. 

The incredible corruption is decades old but we’ve only just started to demand that it change.  Let's do it right.

Tue, 11/01/2011 - 14:18 | 1833322 Irish66
Irish66's picture

Corzine better be arrested today

Tue, 11/01/2011 - 14:34 | 1833414 earleflorida
earleflorida's picture

brain injury from past auto-crash has manifested its presence, once latent, now visible - dr.'s say this malfunction in rationale thinking has caused johny to be euphorically schizophrenic risk-on, risk-off adverse -

believe it or not,... msm bizarro news

jmo  :-()

Tue, 11/01/2011 - 14:19 | 1833323 The4thStooge
The4thStooge's picture

I bought protection against a market crash a long time ago. 12 guage bitchez

Tue, 11/01/2011 - 14:26 | 1833373 Dr. Engali
Dr. Engali's picture

That's a good start. You better get a couple 223's and 7.62s

Tue, 11/01/2011 - 15:28 | 1833711 hyperbole2000
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Broadheads can be reused (think green) unless they've got C4 strapped to them.

Tue, 11/01/2011 - 14:28 | 1833387 afdestruction
afdestruction's picture

Good, most stock investors are known for B&E...

Tue, 11/01/2011 - 14:19 | 1833325 bnbdnb
bnbdnb's picture

When equity finally catches up to credits, omg this volcano will be devastating.

Tue, 11/01/2011 - 14:23 | 1833347 qussl3
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The assumption is that credit is sound and currency somewhat stable.

Neither assumption is a given in today's environs.

Tue, 11/01/2011 - 14:27 | 1833381 unionbroker
unionbroker's picture

gee good thing someone started the "Greek rumor" the Dowser was going down for the count. Amazing down 310 and going lower and all of a sudden some Greek gentleman has something to say .

Tue, 11/01/2011 - 14:41 | 1833451 srsly-wtf
srsly-wtf's picture

1 hour half life reached....going back down looks like

Tue, 11/01/2011 - 14:43 | 1833468 TeamDepends
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The Greeks always were good orators.

Tue, 11/01/2011 - 15:09 | 1833605 TeamDepends
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Uh-oh, -263 and dropping.  Quick, somebody rouse Plato from his slumber, or at least the Plunge Protection Team.

Tue, 11/01/2011 - 14:40 | 1833440 youngman
youngman's picture

That graph sure did not show up in the Gold and Silver markets.....wonder why?

Tue, 11/01/2011 - 14:43 | 1833467 lolmao500
lolmao500's picture

People are afraid that the big monster is gonna come and eat their cookies. And they are right.

Long ammo, food, water, morgues, blood transfusions, silver, gold, oil... short peace.

Tue, 11/01/2011 - 14:57 | 1833549 Agent P
Agent P's picture

Correlation > 1.  That must be when two things move in the exact same direction, by the exact same magnitude, at the exact same time...only faster. 

I must be getting numb to this surreal world we're living in, because after seeing negative yield on bills, even this doesn't really surprise me.

Tue, 11/01/2011 - 15:13 | 1833633 common_sense
common_sense's picture

If everybody is expecting the crash in dec11/jan12, it will arrive now, and if every body is expecting now, it will arrive in dec or jan or february 2012...

We never know when the crash arrive, or when the implosion arrives or never arrives, just the opposite always. so is lost time trying to hit it.

Why now could be different?


Tue, 11/01/2011 - 15:20 | 1833668 Schmuck Raker
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That's because Jan '12 is going to be...


Wed, 11/09/2011 - 06:34 | 1859951 nickadam
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