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Dow 13,000: Need. Moar. QE

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Fri, 07/27/2012 - 12:19 | 2656940 buzzsaw99
buzzsaw99's picture

running out of gas methinks

Fri, 07/27/2012 - 12:22 | 2656955 El Viejo
El Viejo's picture

Feed me Semore.

Fri, 07/27/2012 - 12:23 | 2656968 quintago
quintago's picture

Nice horizontal line across. All you need is a vertical line....down.

 

 

 

Fri, 07/27/2012 - 12:24 | 2656979 hedgehog9999
hedgehog9999's picture

Wave 3 or C down...volatility is picking up...

Fri, 07/27/2012 - 12:39 | 2657050 malikai
malikai's picture

DOW 3,600?

Fri, 07/27/2012 - 12:42 | 2657065 flacon
flacon's picture

Krugman was right, Bernanke should have printed twenty trillion dollars right at the beginning, at least that way we might have made it just a little while longer...  LOL! 

Fri, 07/27/2012 - 13:05 | 2657188 camaro68ss
camaro68ss's picture

Dam, I threw my Dow 13,000 hat away thinking i would never see it again. Dam you bernake!!!!

Fri, 07/27/2012 - 13:46 | 2657385 RichardP
RichardP's picture

We will be at or near 14,000 by election time in November.

Fri, 07/27/2012 - 16:19 | 2657968 Dan Conway
Dan Conway's picture

And 8,000 by X-Mas!

Fri, 07/27/2012 - 16:42 | 2658028 Heavy
Heavy's picture

Best investment for last 10+ years: DOW 10,000 Hat

One more time, then it should get to be retired, it has put in a lot of work.

Fri, 07/27/2012 - 12:43 | 2657069 Carl Spackler
Carl Spackler's picture

Continued smoke and mirrors.

Looks like a nice "flag," so the channel breaks down support at a higher amount than before.

Next big move is down.

Got puts?

 

Fri, 07/27/2012 - 12:23 | 2656971 whstlblwr
whstlblwr's picture

Give me MOAR, bitch!

Fri, 07/27/2012 - 12:23 | 2656972 buzzsaw99
buzzsaw99's picture

a mean green mutha from outer space. how apropos

Fri, 07/27/2012 - 13:09 | 2657203 mr. mirbach
mr. mirbach's picture

I had to grep MOAR - http://www.urbandictionary.com/define.php?term=moar

Cudos Tylers for expanding my vocabulary.

Fri, 07/27/2012 - 13:25 | 2657256 ptoemmes
ptoemmes's picture

Rhymes with HOAR - and that's in the dictionary too.

Fri, 07/27/2012 - 14:06 | 2657522 Randall Cabot
Randall Cabot's picture

Coming soon: The Moarther of all Crashes!!!

Fri, 07/27/2012 - 15:01 | 2657780 GoldRulesPaperDrools
GoldRulesPaperDrools's picture

Push it ... push it ... push it REAL GOOD! ;P

Fri, 07/27/2012 - 12:19 | 2656941 azzhatter
azzhatter's picture

bubbling up

Fri, 07/27/2012 - 12:19 | 2656942 digitlman
digitlman's picture

There will be no QE3.  Write that down.

 

 

Fri, 07/27/2012 - 12:24 | 2656974 HD
HD's picture

Can I print it instead?

Fri, 07/27/2012 - 12:25 | 2656985 Spaceman Spiff
Spaceman Spiff's picture

Why QE when they can BS  and get the same effect?

 

 

Fri, 07/27/2012 - 12:50 | 2657115 Lohn Jocke
Lohn Jocke's picture

Bernanke sneezes and Draghi scratches his hind end. Bullish.

Fri, 07/27/2012 - 12:54 | 2657137 Spaceman Spiff
Spaceman Spiff's picture

Don't forget about Hilsenrath fluffing.

Fri, 07/27/2012 - 13:56 | 2657452 HarryM
HarryM's picture

The Donkey hasn't yet tired of chasing after the carrot dangling from the end of the stick

Fri, 07/27/2012 - 12:19 | 2656944 zero19451945
zero19451945's picture

Tyler has been so badly wrong about the stock market it's not even funny anymore.

Fri, 07/27/2012 - 12:23 | 2656967 alien-IQ
alien-IQ's picture

it's an escalator going up...and express elevator coming down.

get yourself a crash helmet...you're gonna need it.

Fri, 07/27/2012 - 12:32 | 2657012 Beam Me Up Scotty
Beam Me Up Scotty's picture

Its like 100 people playing musical chairs and there is only 1 chair.  Everyone thinks they are the one who knows when the music is going to stop.  Good luck.

MOAR Oct FAZ calls!!

Fri, 07/27/2012 - 12:44 | 2657078 flacon
flacon's picture

The funniest thing is that the music has already stopped but people are keeping on dancing... In that regard I agree with Soros. 

Fri, 07/27/2012 - 13:29 | 2657267 FlyoverCountryS...
FlyoverCountrySchmuck's picture

In a media world where Chicken Sandwiches made by Christians are now EVIL, and must be DESTROYED, why does this surprise you?

The January crash is going to be historic, and, at this point, I see nothing to stop it.

Fri, 07/27/2012 - 12:45 | 2657086 Divided States ...
Divided States of America's picture

Tyler may be wrong right now, but he dont give a shit about these short term moves. Didnt you see what ZERO HEDGE stands for? Thats the direction we are going to in the future, so buckle up!

Fri, 07/27/2012 - 12:46 | 2657096 Carl Spackler
Carl Spackler's picture

Right. The government keeps bringing new albums, in the form of adjusted 'statistics' and phoney narratives and commands, "just keep playing more music."

The problem is that the music WILL stop, at some point, and there will still only be 1 chair.

Fri, 07/27/2012 - 15:16 | 2657818 HungrySeagull
HungrySeagull's picture

Forget the helmet.

Those elevators are good to the last drop.

Fri, 07/27/2012 - 12:23 | 2656973 El Viejo
El Viejo's picture

Sooner or later Market = Economics if only for a brief time. Like in the Dot Com crash or 29 or 2008.

Fri, 07/27/2012 - 12:29 | 2657003 bnbdnb
bnbdnb's picture

Not including the fact of failing companies being removed from the DOW.

Fri, 07/27/2012 - 12:32 | 2657021 TruthInSunshine
TruthInSunshine's picture

Exactly. The 'delisted to zed, bankrupt, non-winners of the new world, that the casino takes out of the deck, thus boosting the already abysmal losses' that Jeremy Siegel never would mention.

And that's the Dow, with only 30 'virtuous circle' equities, and not the far longer dread list of the Sploog & Purge 500 or Nazcrap.

Fri, 07/27/2012 - 12:43 | 2657072 azzhatter
azzhatter's picture

almost to 2008 levels

Fri, 07/27/2012 - 13:00 | 2657167 RSloane
RSloane's picture

I had no idea Cramer had a log-in name.

Fri, 07/27/2012 - 13:22 | 2657248 Eireann go Brach
Eireann go Brach's picture

zero12345678910 you are so fucking stupid, you still think Hilary Clinton is a woman!

Fri, 07/27/2012 - 16:15 | 2657956 earleflorida
earleflorida's picture

please elaborate - oh... wise one!

Fri, 07/27/2012 - 21:27 | 2658438 luna_man
luna_man's picture

 

 

"zero"...YOU ARE ZERO!...In MY MAIN MAN'S circles!!

Sat, 07/28/2012 - 00:39 | 2658605 goldcoastgirl
goldcoastgirl's picture

I think you are mentally retarded

Fri, 07/27/2012 - 12:21 | 2656949 buzzsaw99
buzzsaw99's picture

amzn lulz

Fri, 07/27/2012 - 12:22 | 2656966 Concentrated po...
Concentrated power has always been the enemy of liberty.'s picture

I think a P/E of 290 is justified in this fiat environment.  AMZN will of course save the whales and deliver world peace.  Goes Ex-Special-Dividend at that time.

Fri, 07/27/2012 - 12:27 | 2656993 buzzsaw99
buzzsaw99's picture

even using the aapl metric of cash to market cap amzn comes up short. one more squeeze of the charmin and then look out below. I found this

http://seekingalpha.com/article/741371-amazon-s-share-valuation-the-next...

to be very comprehensive except that his negative outlook is still too optimistic. amzn will start burning cash soon imo.

Fri, 07/27/2012 - 14:14 | 2657570 I am a Man I am...
I am a Man I am Forty's picture

It's amazing isn't it?!  Amazon is a good company, but damn that stock trades like no other.  It is the most overvalued stock in history, which replaced FacePlant today of that honor.

Fri, 07/27/2012 - 12:21 | 2656951 alien-IQ
alien-IQ's picture

that's not a chart...it's a coup d'état.

Fri, 07/27/2012 - 12:22 | 2656957 I am a Man I am...
I am a Man I am Forty's picture

You know these stupid corrupt little bitches are going to prop this market up.  Play it that way.  They will do anything and everything to avoid deflation.

Fri, 07/27/2012 - 12:22 | 2656958 azzhatter
azzhatter's picture

actually I'm happy. I have a couple open positions I will sell this afternoon and get out with my ass intact. Never to participate again

Fri, 07/27/2012 - 12:54 | 2657136 Tippoo Sultan
Tippoo Sultan's picture

"Azz intact."

Corrected.

Fri, 07/27/2012 - 12:22 | 2656960 Meesohaawnee
Meesohaawnee's picture

tyler doesnt make market "calls" you should know that. Only frauds like cramer make "calls"

Fri, 07/27/2012 - 12:26 | 2656965 LouisDega
LouisDega's picture

dow_13000_embroidered_hat-p233122193355283430bzjgs_152.jpg

Disclaimer: This is not an ad or an attempt to sell goods and services on the behalf of Susquehanna hat company

Fri, 07/27/2012 - 12:27 | 2656994 HD
HD's picture

In a fashionable shit colored brown. How appropriate.

Fri, 07/27/2012 - 12:24 | 2656976 nmewn
nmewn's picture

Pisani is giggling like a school girl again...thats the top.

Fri, 07/27/2012 - 12:30 | 2657009 Squid Vicious
Squid Vicious's picture

he just said the S&P is getting ready to "break out" - lol...

Fri, 07/27/2012 - 12:48 | 2657106 Carl Spackler
Carl Spackler's picture

...so we're gettin' close

Fri, 07/27/2012 - 12:45 | 2657085 azzhatter
azzhatter's picture

Him and Cramer will do a circle jerk in the men's room, that's the giggling

Fri, 07/27/2012 - 12:24 | 2656981 Gypsyducks
Gypsyducks's picture

Buy LNKD!

Fri, 07/27/2012 - 12:33 | 2657024 buzzsaw99
buzzsaw99's picture

where's the love for FB? :sniff!:

Fri, 07/27/2012 - 12:35 | 2657031 Beam Me Up Scotty
Beam Me Up Scotty's picture

PE Ratios:

FB 129

AMZN 287

LNKD 628

MOAR PE is better right?

Fri, 07/27/2012 - 12:51 | 2657125 Squid Vicious
Squid Vicious's picture

how about LL - 40X for hardwood floors... must be part of the housing recovery!

Fri, 07/27/2012 - 12:24 | 2656982 J 457
J 457's picture

Yep, kiss that QE good-bye.  Dummies would have made more letting the market drop a few thousand and then ramp it up to 14k.  PHM rally, AMZN rally, whatever.... 

Fri, 07/27/2012 - 12:25 | 2656983 fonzannoon
fonzannoon's picture

This may look like April but it is looking less like 2011

Fri, 07/27/2012 - 12:26 | 2656990 J 457
J 457's picture

Can I sell you some GDOT?  It might be the bottom, really...

Fri, 07/27/2012 - 17:42 | 2658125 ZeroAvatar
ZeroAvatar's picture

I'll take some.  I've been waiting for some GoDOT.

Fri, 07/27/2012 - 12:26 | 2656992 Jason T
Jason T's picture

Martin Armstrong back in mid May:

March remains as the high in the Dow Jones Industrial Index. So far, this suggests that we could see a 

low in May followed by a rally back into August. We do have a Panic Cycle in July warning there could be 

an outside reversal and then you will notice the target of September with high volatility due in October.

If we are looking at a high in August, then we could be looking at another crash late in the year perhaps 

as people begin to realize that that the Bush tax cuts will expire at year-end in the Lame Duck Congress

sending investment taxes from 15% to 40% killing the economy in 2013. We will have the committee 

that was supposed to come up with something to cut the deficit expire making the automatic cuts in 

January. Now we have a political change in the wind in Europe. So there are plenty of fundamentals that 

can make everything go nuts.

Since the Directional Change last January, the Dow broke out and has rallied reaching 13359.62 during 

May. We do have to be careful about a pull-back into June/July for a low at that time would then point 

to a rally into September for a high with big volatility coming in October. This warns that the 

fundamentals may yet spark a serious retrenchment in capital investment starting in September. Just 

about everything that could go wrong is going wrong. There are people within the bowels of 

government who hate my guts and would love to kill me for writing about their gradual repeal of all our 

rights so they can maintain their 

power rather than reform the world 

monetary system to make things 

better. 

Support now lies at 12220 on a 

monthly closing basis. The highest 

weekly closing remain that of 03/16.

Our Weekly Bearish Reversals at at 

12740 and 12422. These are the 

numbers to now watch carefully for 

the underlying support.

Fri, 07/27/2012 - 12:27 | 2656996 orangegeek
orangegeek's picture

Not sure what more government debt will do other than delay the inevitable - primary wave 3 down.

 

http://bullandbearmash.com/index/djia/weekly/

Fri, 07/27/2012 - 12:27 | 2656998 Inthemix96
Inthemix96's picture

There you are kids!!

All is well then?

Fucking cunts, every last stinking bastard one of them.  Just to clear that up you see.

Fri, 07/27/2012 - 12:30 | 2656999 SheepDog-One
SheepDog-One's picture

Beautiful triple top chart. Not that it means a damn thing these days though.

FREE MONIES!! YAY!!

Fri, 07/27/2012 - 12:29 | 2657006 JenkinsLane
JenkinsLane's picture

<applause>

Fri, 07/27/2012 - 12:36 | 2657039 Boilermaker
Boilermaker's picture

<golf clap>

Fri, 07/27/2012 - 12:30 | 2657014 i_fly_me
i_fly_me's picture

Viva La Resistance!!!

Fri, 07/27/2012 - 12:31 | 2657015 news printer
news printer's picture

Embassy of the Republic of Poland (Poland is representing USA interests) in suspends its activities

https://twitter.com/sikorskiradek/

2012.07.27 Foreign Minister Rados?aw Sikorski has taken the decision, effective as of 27 July 2012, to temporarily suspend the activities of the Embassy of the Republic of Poland in Damascus, including its United States Interests Section. All Polish diplomats have safely left Syria and will soon return to Poland. http://www.msz.gov.pl/Embassy,of,the,Republic,of,Poland,in,Syria,suspend...
WAR ???
Fri, 07/27/2012 - 12:31 | 2657017 Dr. Engali
Dr. Engali's picture

They are going to need an excuse to make this market sell off. I sense a false flag is imminent.

Fri, 07/27/2012 - 12:38 | 2657042 alien-IQ
alien-IQ's picture

speaking of things that are false...did you see this article?

http://digitaljournal.com/article/323364

And why didn't that get more coverage?

Fri, 07/27/2012 - 12:57 | 2657147 Dr. Engali
Dr. Engali's picture

No I didn't,but it doesn't surprise me. Thanks for the link.

Fri, 07/27/2012 - 13:00 | 2657163 Coameric99
Coameric99's picture

Nothing new.  You know it as well as I it is all a cover-up.  BUT NOTHING will EVER be done about it.  MONEY controls the BELIEVERS.  Which are we BELIEVERS or THINKERS?

 

How do the markets put on 400 points because of the comments that come out of EU?  ZH has shown on June 29, 2012 the same rhetoric came out and the same scenario played out.  Up and Down, Up and Down.  How does any1 trade in a market like this?

Fri, 07/27/2012 - 19:08 | 2658262 Pareto
Pareto's picture

I'm starting to think the indices themselves, their ticks, their trins, their Vix's...all just made up bullshit for something to look at while you put on a trade so that you can immediately be on the wrong side of.  fuck, money's free baby.  So, wtf, anything can happen.  Dow 15,000?  Easy.  And bond yields to <1%.  And then you can trade in that range for another 2 years and so the bond carry continues...forever.  Its like the song that never fucking ends.

Seems to me the quickest resolve to the risk of smoke in a crowded movie house, is to create the illusion that there is no smoke, by pumping in the AWESOME odor of popcorn as cover smoke.  So instead of a stampede to the exits, everybody will just fucking fry in their chair.

There will be no end to the madness until people stop believing that the market is going to crash or correct.  Its just getting more difficult to swallow the evident contradiction and disparity that is increasing in magnitude between Wall Street and mainstreet.  Wall street making new highs, while mainstreet makes new lows.  Just how long does the government think it can keep pulling these shinnannigans before somebody finally calls "bullshit".  In all the comentary you might read on Draghi, or Benny, stock market rallies have occurred not because of the idea that the QEx will actually create jobs, stimulate real growth and so on.  The rallies have occurred strictly on the idea that Benny is going to buy the shit that I am holding.  Period.

Traders will never fade the central bank, because its too easy not too.  So throw out your stochastics, your fib retracements, your golden fuck crosses, grave stone dodgies, head and shoulders, bullshit crap.  This is the year that traders lose their edge and strike out on a long, and then proceed to get their fuck hat handed to them.

Fri, 07/27/2012 - 13:02 | 2657180 Buckaroo Banzai
Buckaroo Banzai's picture

"Pentagon officials recently disclosed to the Associated Press (AP) that they could not find any photo or video evidence to confirm that Al Qaeda leader Osama Bin Laden was killed in the Navy Seal raid in Pakistan a year ago."

Why wouldn't they document the killing of the man we've been allegedly hunting for a decade? Anybody would want to document that kind of triumph.

Probably just left it in their other pants. Nothing to see here, move along.

Fri, 07/27/2012 - 13:14 | 2657224 Squid Vicious
Squid Vicious's picture

luckily he had his passport in his back pocket and it floated up from the depths of the Indian Ocean and was fortuitously recovered by the USS Nimrod... so that is more than enough documentation, now go back to watching America's Got Talent... 

Fri, 07/27/2012 - 13:34 | 2657293 alien-IQ
alien-IQ's picture

and let's not forget how convenient it is that all the eye witness seem to have died in a helicopter crash shortly after they "took him out".

but surely...that was mere coincidence.

"Insurgents shot down a U.S. military helicopter during fighting in eastern Afghanistan, killing 30 Americans, most of them belonging to the same elite unit as the Navy SEALs who killed former Al Qaeda leader Usama bin Laden, U.S. officials said"

Read more: http://www.foxnews.com/world/2011/08/06/afghan-president-31-americans-ki...

Sat, 07/28/2012 - 03:22 | 2658673 Clashfan
Clashfan's picture

Thanks for the cool link, alien.

Fri, 07/27/2012 - 12:38 | 2657045 fonzannoon
fonzannoon's picture

Dr. Engali if you think this market is going to take a big dump before QE gets unleashed in Sept, then this is a great time to start to get short, no?

(P.S I am not one of your down arrows, I am trying to sort out my thoughts here)

Fri, 07/27/2012 - 12:59 | 2657143 Dr. Engali
Dr. Engali's picture

That's okay. I wear my being junked as a badge of honor. If I go though life wthout pissing somebody off I'm probably not living an honest life. To answer your question, I would love o be short this market,but I am not willing to let Ben rip my face off. I do have a firm belief that when it is time to be short this market it will be too late and it won't matter because the system will have blown up.

Fri, 07/27/2012 - 13:00 | 2657162 fonzannoon
fonzannoon's picture

Geez. I hear you. I hear waaay too many people who's opinion I put some faith in who say the same thing.

Fri, 07/27/2012 - 13:04 | 2657183 Beam Me Up Scotty
Beam Me Up Scotty's picture

I've never been much of a gambler, but I have been buying some Oct FAZ calls on the rips.  I figure if I lose a couple thousand it won't kill me.  Its as good a bet as any IMO.  Market probably won't shit until November.  So I might be right but my timing could be off and lose it all anyway.  Oh well, I lost alot in that boating accident too.

Fri, 07/27/2012 - 13:13 | 2657215 Dr. Engali
Dr. Engali's picture

  + 1   Thanks for the chuckle.

Fri, 07/27/2012 - 13:18 | 2657239 Beam Me Up Scotty
Beam Me Up Scotty's picture

With all the boating accidents going on lately, you would think boat insurance would be sky high!!

Fri, 07/27/2012 - 15:46 | 2657897 pufferfish
pufferfish's picture

Long boats.*

 

*Vikings optional.

Fri, 07/27/2012 - 12:40 | 2657055 buzzsaw99
buzzsaw99's picture

the only flags i see are bear flags and no i didn't junk you either.

Fri, 07/27/2012 - 12:36 | 2657036 Boilermaker
Boilermaker's picture

Paging SPX 1,400

Paging SPX 1,400

COME ON RETAIL!!!!  COME ON!!!!

Fri, 07/27/2012 - 12:42 | 2657051 sawman
sawman's picture

Seriously - Is anyone really dumb enough to buy into this. Traders in for a quick buck no doubt, and good luck to them, but long term investors wouldn't touch this rally with a barge pole. These markets are broken beyond repair. I have been a long outlook investor for decades and I doubt my confidence in this casino will ever return. Manipulated beyond even being amusing anymore. If you are looking to park your money long term then, in this investors very humble opinion, ignore the obvious ploy by the economic masterclass to force you into the markets and instead buy tangible assets like PMs, land and - well you know the drill by now. 

By the way I was being sarcastic when I called them the economic masterclass as I wouldn't really let them manage my kids pocket money.  

Fri, 07/27/2012 - 12:42 | 2657060 poor fella
poor fella's picture

Wow...... That was exciting.... and matters only to the gambling addicts.

I'm sure Ben "Look what I can do" Bernanke is glowing.

http://www.youtube.com/watch?v=WyvbFMGmImg

 

Fri, 07/27/2012 - 12:42 | 2657064 fonzannoon
fonzannoon's picture

I just listened to some fast money asshole screaming that the market is going up and he does not care why. I am pretty sure somewhere in 2001 and 2008 these dumbasses were screaming the same thing. No one learns.

Fri, 07/27/2012 - 12:45 | 2657080 camaro68ss
camaro68ss's picture

Happy days are here again.

Fri, 07/27/2012 - 12:45 | 2657087 Coameric99
Coameric99's picture

Give me my QE drug...please! please! please!  I haven't had enough. Oh, wait! Not yet until your down and out. :(

Fri, 07/27/2012 - 12:45 | 2657090 fonzannoon
fonzannoon's picture

Legally blind archer Im Dong-hyun set the first world records of the London Olympics, breaking his own record in the 72-arrow mark and helping South Korea set a team record in the ranking round on Friday. His arrow landed square in the middle of SPY while his competitor Jim Cramer hit Starbux.

Fri, 07/27/2012 - 12:46 | 2657091 dwdollar
dwdollar's picture

Let me know when the stock market is relevant again and I might care when it moves higher.

Fri, 07/27/2012 - 12:46 | 2657094 firstdivision
firstdivision's picture

Almost resembles Summer 2010 chart

Fri, 07/27/2012 - 12:49 | 2657112 Shizzmoney
Shizzmoney's picture

There was a big rally before 07-08 crash happened, too.

Fri, 07/27/2012 - 16:10 | 2657946 optimator
optimator's picture

And a beaut in the summer of '87, how'd that turn out.  At the time I kicked myself for getting out 100% in August.  I don't think they have till October this year.

Fri, 07/27/2012 - 12:50 | 2657113 gdogus erectus
gdogus erectus's picture

Give me sugar. Moar. Moar....

Fri, 07/27/2012 - 12:51 | 2657126 monopoly
monopoly's picture

I know it is tough sometimes but I sure feel better owning physical gold and silver than AMZN. Can you imagine the pain shorts are feeling. Projecting a loss and up 7%. I have no explanation that resembles reality.

Fri, 07/27/2012 - 12:59 | 2657160 Gringo Viejo
Gringo Viejo's picture

Cuckoo for Coco Puffs.....

Fri, 07/27/2012 - 13:02 | 2657168 walküre
walküre's picture

Sheer and utter desperation moves. Everything is crashing but the indexes are screaming higher. What a racket!

Ben & Co. should be placed in museums of art. They're artists. Painting a picture so rosy and pretty against a really ugly and depressing background.

If it wasn't such a crime against all of us mere mortals out there who will suffer the consequences of their actions, it would be entertainment.

Fri, 07/27/2012 - 13:02 | 2657179 SheepDog-One
SheepDog-One's picture

Its insane to look at, no doubt.

Fri, 07/27/2012 - 13:05 | 2657189 Quinvarius
Quinvarius's picture

Japan has been doing it for 20 years.  No reason to think we will stop any time soon.

Fri, 07/27/2012 - 13:52 | 2657425 crawldaddy
crawldaddy's picture

umm japan markets are still 50% off its highs from 2006-o7.  So to follow Japan Dow should be falling to 7-8k territory

Fri, 07/27/2012 - 16:24 | 2657981 Dan Conway
Dan Conway's picture

What would this market trade at today if there was no QE?  My guess: sub-10,000.  Things are so screwed up. 

Fri, 07/27/2012 - 13:16 | 2657231 Meesohaawnee
Meesohaawnee's picture

i know you all are gonna think im nuts but im taking some nibbles on TZA, DPK. .. ok shoot me.

Fri, 07/27/2012 - 13:28 | 2657263 RSloane
RSloane's picture

You have to play it as you see fit, no one else can make that call for you.

Fri, 07/27/2012 - 13:53 | 2657432 crawldaddy
crawldaddy's picture

or just go to the casino and play some blackjack.  At least in the casino the game rule dont continually change.

Fri, 07/27/2012 - 13:27 | 2657259 alien-IQ
alien-IQ's picture

QE3 and rumors are the market players modern version of Soma.

Fri, 07/27/2012 - 13:26 | 2657261 Paul Atreides
Paul Atreides's picture

QE no QE market is up on jawboning market is down on euro data blah blah blah

GROUNDHOG DAY BICHEZ!

Fri, 07/27/2012 - 13:32 | 2657285 OldE_Ant
OldE_Ant's picture

1:30pm news popped the markets.  Must be good because we are nearing 13.1k DOW as I write.

Fri, 07/27/2012 - 13:54 | 2657441 crawldaddy
crawldaddy's picture

actually the news is terrible, so therefore its good, because wall street junkies will get their fix from Bernie.

Fri, 07/27/2012 - 13:55 | 2657403 crawldaddy
crawldaddy's picture

unreal, the market rallies because data is so bad that central banks have to do last ditch efforts to keep it alive, and for this people buy stocks?  wtf.  I hope these people arent parents, its like cheering the fact your getting so sick again, your getting a new script for pain killers again..

Its not a good thing.. why dont people get this?

Fri, 07/27/2012 - 16:21 | 2657975 Dan Conway
Dan Conway's picture

Just amazing!

Fri, 07/27/2012 - 14:27 | 2657639 Inthemix96
Inthemix96's picture

Claw hammer's have some fantastic uses.

You can drive nails into wood, you can remove nails from wood with the other side,

And you can drive the pointy side through a bankers eye.

Multi-purpose or what?

Fri, 07/27/2012 - 16:49 | 2658047 Conax
Conax's picture

Fridays are always full o shit.

Must- have -hopiness- over- the -weekend.

Fri, 07/27/2012 - 17:49 | 2658134 ZeroAvatar
ZeroAvatar's picture

Purchase 1 ounce silver coins.  An easy double from here, I'd say within 18 months.

 

This market is gonna make a lot of millionaires a whole lot poorer.

Fri, 07/27/2012 - 22:19 | 2658488 luna_man
luna_man's picture

 

 

It's a good thing I'm patient!

 

Has manufacturing moved back to America?  Have they closed the borders?  Do you really feel secure about yours \ families future?...

Quit gloating and being in disbelief about these markets and help gather up the CRIMINALS!!...The CRIMINALS are on the run!

 

They're only human

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