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Dow 13,000: Need. Moar. QE
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running out of gas methinks
Feed me Semore.
Nice horizontal line across. All you need is a vertical line....down.
Wave 3 or C down...volatility is picking up...
DOW 3,600?
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!
Here is the true indicator:
http://www.businessinsider.com/chart-of-the-day-the-us-garbage-indicator...
Dam, I threw my Dow 13,000 hat away thinking i would never see it again. Dam you bernake!!!!
We will be at or near 14,000 by election time in November.
And 8,000 by X-Mas!
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.
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?
Give me MOAR, bitch!
a mean green mutha from outer space. how apropos
I had to grep MOAR - http://www.urbandictionary.com/define.php?term=moar
Cudos Tylers for expanding my vocabulary.
Rhymes with HOAR - and that's in the dictionary too.
Coming soon: The Moarther of all Crashes!!!
Push it ... push it ... push it REAL GOOD! ;P
bubbling up
There will be no QE3. Write that down.
Can I print it instead?
Why QE when they can BS and get the same effect?
Bernanke sneezes and Draghi scratches his hind end. Bullish.
Don't forget about Hilsenrath fluffing.
The Donkey hasn't yet tired of chasing after the carrot dangling from the end of the stick
Tyler has been so badly wrong about the stock market it's not even funny anymore.
it's an escalator going up...and express elevator coming down.
get yourself a crash helmet...you're gonna need it.
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!!
The funniest thing is that the music has already stopped but people are keeping on dancing... In that regard I agree with Soros.
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.
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!
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.
Forget the helmet.
Those elevators are good to the last drop.
Sooner or later Market = Economics if only for a brief time. Like in the Dot Com crash or 29 or 2008.
-
Ten years of the Dow.
10 Year Chart of the Dow NOT Adjusted for Inflation (if adjusted approximately a -47% real return)
Not including the fact of failing companies being removed from the DOW.
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.
almost to 2008 levels
I had no idea Cramer had a log-in name.
zero12345678910 you are so fucking stupid, you still think Hilary Clinton is a woman!
please elaborate - oh... wise one!
"zero"...YOU ARE ZERO!...In MY MAIN MAN'S circles!!
I think you are mentally retarded
amzn lulz
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.
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.
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.
that's not a chart...it's a coup d'état.
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.
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
"Azz intact."
Corrected.
tyler doesnt make market "calls" you should know that. Only frauds like cramer make "calls"
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
In a fashionable shit colored brown. How appropriate.
Pisani is giggling like a school girl again...thats the top.
he just said the S&P is getting ready to "break out" - lol...
...so we're gettin' close
Him and Cramer will do a circle jerk in the men's room, that's the giggling
Buy LNKD!
where's the love for FB? :sniff!:
PE Ratios:
FB 129
AMZN 287
LNKD 628
MOAR PE is better right?
how about LL - 40X for hardwood floors... must be part of the housing recovery!
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....
This may look like April but it is looking less like 2011
Can I sell you some GDOT? It might be the bottom, really...
I'll take some. I've been waiting for some GoDOT.
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.
Not sure what more government debt will do other than delay the inevitable - primary wave 3 down.
http://bullandbearmash.com/index/djia/weekly/
There you are kids!!
All is well then?
Fucking cunts, every last stinking bastard one of them. Just to clear that up you see.
Beautiful triple top chart. Not that it means a damn thing these days though.
FREE MONIES!! YAY!!
<applause>
<golf clap>
Viva La Resistance!!!
Embassy of the Republic of Poland (Poland is representing USA interests) in #Syria suspends its activities http://bit.ly/PEZaU2
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 ???
They are going to need an excuse to make this market sell off. I sense a false flag is imminent.
speaking of things that are false...did you see this article?
http://digitaljournal.com/article/323364
And why didn't that get more coverage?
No I didn't,but it doesn't surprise me. Thanks for the link.
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?
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.
"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.
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...
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...
Thanks for the cool link, alien.
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)
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.
Geez. I hear you. I hear waaay too many people who's opinion I put some faith in who say the same thing.
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.
+ 1 Thanks for the chuckle.
With all the boating accidents going on lately, you would think boat insurance would be sky high!!
Long boats.*
*Vikings optional.
the only flags i see are bear flags and no i didn't junk you either.
Paging SPX 1,400
Paging SPX 1,400
COME ON RETAIL!!!! COME ON!!!!
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.
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
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.
Happy days are here again.
Give me my QE drug...please! please! please! I haven't had enough. Oh, wait! Not yet until your down and out. :(
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.
Let me know when the stock market is relevant again and I might care when it moves higher.
Almost resembles Summer 2010 chart
There was a big rally before 07-08 crash happened, too.
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.
Give me sugar. Moar. Moar....
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.
Cuckoo for Coco Puffs.....
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.
Its insane to look at, no doubt.
Japan has been doing it for 20 years. No reason to think we will stop any time soon.
umm japan markets are still 50% off its highs from 2006-o7. So to follow Japan Dow should be falling to 7-8k territory
What would this market trade at today if there was no QE? My guess: sub-10,000. Things are so screwed up.
i know you all are gonna think im nuts but im taking some nibbles on TZA, DPK. .. ok shoot me.
You have to play it as you see fit, no one else can make that call for you.
or just go to the casino and play some blackjack. At least in the casino the game rule dont continually change.
QE3 and rumors are the market players modern version of Soma.
QE no QE market is up on jawboning market is down on euro data blah blah blah
GROUNDHOG DAY BICHEZ!
1:30pm news popped the markets. Must be good because we are nearing 13.1k DOW as I write.
actually the news is terrible, so therefore its good, because wall street junkies will get their fix from Bernie.
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?
Just amazing!
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?
Fridays are always full o shit.
Must- have -hopiness- over- the -weekend.
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.
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