• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Dow Jones Now Red For 2012

Tyler Durden's picture


The Dow Jones Industrial Index just joined its Transports cousin in the the red for the year.

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 06/01/2012 - 09:51 | 2483750 swanpoint
swanpoint's picture

Red Bitchez

Fri, 06/01/2012 - 09:53 | 2483757 SheepRevolution
SheepRevolution's picture

Oh like it would matter if they were green. Really, who gives a shit any longer about the stock-market?

Fri, 06/01/2012 - 10:03 | 2483828 whstlblwr
whstlblwr's picture

OT: went to read dailypaul. In case anyone from dailypaul.com sees this happened today.

Reported Attack Site!
This web site at has been reported as a web forgery and has been blocked based on your security preferences.

Web forgeries are designed to trick you into revealing personal or financial information by imitating sources you may trust. Entering any information on this web page may result in identity theft or other fraud. Attack sites try to install programs that steal private information, use your computer to attack others, or damage your system. Some attack sites intentionally distribute harmful software, but many are compromised without the knowledge or permission of their owners.

Fri, 06/01/2012 - 10:06 | 2483852 SheepRevolution
SheepRevolution's picture

Just noticed. Seems fishy...

Fri, 06/01/2012 - 10:51 | 2484083 Spirit Of Truth
Fri, 06/01/2012 - 12:25 | 2484550 whstlblwr
whstlblwr's picture

@SheepRevolution. They are probably trying to force people to use RonPaulForum, to keep better tabs, if you know what I mean. We should all make sure to make local contact with our real RP supporters for when the blackout happens.

Fri, 06/01/2012 - 12:49 | 2484645 Jack Napier
Jack Napier's picture

They don't need a web forgery. You readily provided your personal information to the C4L database, and they send you e-mails with intermediary URL redirections to track you. Ron Paul's family are freemasons. There is still more waking up to do.

Fri, 06/01/2012 - 13:00 | 2484679 whstlblwr
whstlblwr's picture

Who the fuck cares about RP's family? This movement is bigger than RP. If he changed now and endorsed Romney or Obama it wouldn't matter. We were a movement looking for a leader and his words fit. We are moving forward and past RP.

Like how you guys always use first and last name. Makes it easy.

Fri, 06/01/2012 - 14:36 | 2485272 Temporalist
Temporalist's picture

I like how calling someone's family "freemasons" is supposed to be somehow indicative of their amassed power and consipiratorial nature as if Ron Paul somehow has been weilding so much power from atop his "lofty peak." 


Yes he's caused so much damage and has altered to much and preaches exactly what would exclusively benefit him most (like adhering to the constitution).  One can tell because he left a lucrative obstetric practice to rake in all that money as a congressman.  Clearly he's in bed with the banksters because he's been railing against their policies for 40 years. /sarc

Fri, 06/01/2012 - 09:57 | 2483788 ChickenTikka
ChickenTikka's picture

My portfolio just turned green!

Fri, 06/01/2012 - 10:09 | 2483797 derek_vineyard
derek_vineyard's picture

this market is still way too fucking orderly       (thus the participants way too confident in the system)


Fri, 06/01/2012 - 09:51 | 2483752 gatorengineer
gatorengineer's picture

Choppers, Big Ones................

Fri, 06/01/2012 - 09:52 | 2483759 CvlDobd
CvlDobd's picture

I've positioned myself for a green Dow by 11:30 and a +2% day by the close.

I own the new 3x levered PPT etf. PPTU

Fri, 06/01/2012 - 09:56 | 2483777 Soul Train
Soul Train's picture

So you are leveraged on the 200sma. Brilliant </sarc>

May be the new support line inverted.


Fri, 06/01/2012 - 09:58 | 2483801 CvlDobd
CvlDobd's picture

I'm not concerned that nothing (yields, copper, international stocks) confirmed us equity early 2012 exuberance.

This 200 day shall hold as the US is decoupling an on our way to new highs. Charles Hugh Smith of one sczophrenic mind told me so.

Buy while you still can! Preferably REITS!

Fri, 06/01/2012 - 10:08 | 2483863 otto skorzeny
otto skorzeny's picture

I'm buying the homebuilders as fast as I can!

Fri, 06/01/2012 - 09:56 | 2483781 bdc63
bdc63's picture

... i've seen stranger things happen over these past 4 years ...

Fri, 06/01/2012 - 10:15 | 2483900 Agent P
Agent P's picture

I just returned from a government funded 4 year research project in Antarctica studying how long it takes penguin shit to freeze.  Looks like the Dow is unchanged...what all did I miss?

Fri, 06/01/2012 - 10:43 | 2484042 bdc63
bdc63's picture

not much.  so, how long does it take for penguin shit to freeze?

Fri, 06/01/2012 - 11:04 | 2484166 Agent P
Agent P's picture

Our official published results determined it happens "pretty darn quick", but we were unable to get an official time...turns out it's rather difficult to operate a stopwatch while wearing snow mittens.  But fear not; we applied for an additional $350 million in government funding to go back with more sophisticated equipment (an intern without mittens), so we can get the answers we so desperately need.  Early indications from Doug (Department Of Useless Government) have us on the fast track for approval, as it will create one additional job for the economy.


Fri, 06/01/2012 - 11:31 | 2484335 CvlDobd
CvlDobd's picture

Ha! Awesome.

Fri, 06/01/2012 - 09:53 | 2483762 SheepDog-One
SheepDog-One's picture

OMFG! Markets now.....back to 4 months ago levels? JESUS CHRIST save the wominz and kids!!! 

Fri, 06/01/2012 - 10:15 | 2483909 gatorengineer
gatorengineer's picture

Bankers first!!!!!!!!!!!!!!!

Fri, 06/01/2012 - 10:27 | 2483975 derek_vineyard
derek_vineyard's picture

money sloshing around from one asset class to another......and returns coiling and compressing

this thing gunna blow someday, but still way, way too complacent

Fri, 06/01/2012 - 09:54 | 2483763 Soul Train
Soul Train's picture


Fri, 06/01/2012 - 09:54 | 2483767 LawsofPhysics
LawsofPhysics's picture

But will financials follow?  one can only hope.  Let's get BAC back to under $4.00 shall we?  Awesome day.

Fri, 06/01/2012 - 09:57 | 2483790 bdc63
bdc63's picture

stop it -- I can't handle the excitement of it all ...

I still have dreams of BAC in the pink sheets ...

Fri, 06/01/2012 - 15:45 | 2485598 unununium
unununium's picture

Only a matter of time, grasshopper.

Fri, 06/01/2012 - 09:54 | 2483769 Cognitive Dissonance
Cognitive Dissonance's picture

Plenty of the last 9 month's stock ramp waiting to be retracted.

Fri, 06/01/2012 - 09:58 | 2483795 Turin Turambar
Turin Turambar's picture

While I agree with you, I wonder how/when it'll happen.  Bots don't panic like people.

Fri, 06/01/2012 - 10:23 | 2483881 Cognitive Dissonance
Cognitive Dissonance's picture

I agree up to a point.

Bots herd just like people. They are called momo algos. And bots are programmed by people. So they share many of the same traits.

Fri, 06/01/2012 - 10:33 | 2484005 derek_vineyard
derek_vineyard's picture

a few months equity gains retracted cuases all time low treasury yields.............captain, captain she's gunna blow, i can only hold 'er together for so long   (luckily thats a TV show and the Fed can rewrite the script until it can't )

Fri, 06/01/2012 - 11:06 | 2484190 dbomb12
Fri, 06/01/2012 - 09:54 | 2483770 Hopium Dealer
Hopium Dealer's picture

The Jews are foaming from the mouth for the QE3 crack hit they are about to receive from the FED.

Fri, 06/01/2012 - 09:54 | 2483771 Agent P
Agent P's picture

The green line is red and the red line is green...that chart is blowing my mind!!!

Fri, 06/01/2012 - 09:55 | 2483776 midgetrannyporn
midgetrannyporn's picture

there are no markets, there is only the bernank.

Fri, 06/01/2012 - 09:56 | 2483783 Undecided
Undecided's picture



this shit hitting a new lvl now that even Yahoo is reporting on stuff like this.


Report: Obama ordered wave of cyberattacks on Iran
Fri, 06/01/2012 - 09:57 | 2483785 Conman
Conman's picture

Annnd retardo buying coming back in to save it.

Because its prudent to buy equities going into rapidly deteriorating economic environment on the hope that the fed will give bankers more free money to lend out more money they haven't been lending out anyway at historic low rates for the past 3 years. Oh ya that'll work.

Fri, 06/01/2012 - 09:57 | 2483791 the 300000000th...
the 300000000th percent's picture

Not a lot of bang for their buck, oh i guess i mean the tax payer's bucks. This time its different another round of QE ought to fix everything.

Fri, 06/01/2012 - 09:59 | 2483798 Dr. Engali
Dr. Engali's picture

Civilized people invest in productive businesses.

Fri, 06/01/2012 - 09:58 | 2483802 RobotTrader
RobotTrader's picture

With the 10-yr. at 1.45%, Bernanke is a fool for not doubling the deficits from $14 trillion to $28 trillion and start handing out checks.

Fri, 06/01/2012 - 10:02 | 2483821 lizzy36
lizzy36's picture

Well, not really Bernankes job.

That would be Geithners job.

Debt repudiation is the solution. Not doubling down.

Also reasonable probability that first the politicians will try the double down b/f the repudiation.

Fri, 06/01/2012 - 10:02 | 2483823 the not so migh...
the not so mighty maximiza's picture

woohhh, i agree, all the money created should have just been handed to taxpayers, this would not be happening now

Fri, 06/01/2012 - 10:05 | 2483851 urbanelf
urbanelf's picture

Good idea!  Interest rates will never go up.  Ever.

Fri, 06/01/2012 - 10:12 | 2483891 Dr. Engali
Dr. Engali's picture

Hey Robo the debt is 15.5 trillion. The deficits you speak of are 1.3 trillion. So which one should he double for the sake of clarity?

Fri, 06/01/2012 - 10:50 | 2484077 ceilidh_trail
ceilidh_trail's picture

@Robo, MDB, is that you?

Fri, 06/01/2012 - 10:55 | 2484101 Colonial Intent
Colonial Intent's picture

Yo Mama!


Fri, 06/01/2012 - 09:58 | 2483804 Rainman
Rainman's picture

Pretty soon the 30 year mortgage will go to .0001% and still no buyers.

All hail the Bernank...may he reign a thousand years !

Fri, 06/01/2012 - 10:01 | 2483805 Henry Chinaski
Henry Chinaski's picture

I thought bad news was good/bullish.

Do NOT follow this link or you will be banned from the site!