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Flash Crash Part 2

Tyler Durden's picture


With QE3 to be announced tomorrow, is anyone really surprised that we just experienced Flash Crash part 2? After all Bernanke has to be thanked for rescuing the Russell 2000. Dow dropping as much as 600, BAC down 22%, Citi down 21%, and everything else bidless, Level two does not work... Total market shut down.

And for those wondering what a flash crash quite stuffing chart looks like here it is:


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Mon, 08/08/2011 - 14:36 | 1538377 JuicedGamma
JuicedGamma's picture

Thankfully ZeroHedge is seemingly stable today.  I would have to find a building to leap from otherwise.

Mon, 08/08/2011 - 14:39 | 1538394 redpill
redpill's picture

Not for me, I've been having a bitch of a time getting it to load. I've got my parachute packed though, checked it three times.

Someone send Paul Krugman another Long Island Ice Tea, he's sitting in a reclining deck chair listening to the band playing...

Mon, 08/08/2011 - 14:39 | 1538395 nodhannum
nodhannum's picture

I was thinking about jumping out of my basement window. Ninety percent in cas and ten percent in physical maple leaves...loving every minute of it!

Mon, 08/08/2011 - 16:03 | 1538893 Two Towers AU AG
Two Towers AU AG's picture

YIPPPIEEEEE ... I am better.. 10 % PM and 30 % cash in hand and 60% cash deposited in Bank of America  LMAO..... thinking of withdrawing and investing another major chunk in PM.. As I see it there are 2 options here..

1. The Fed does nothing and gold to the Moon..

2 The Fed launches QE3 and Gold to the Moon..

Am I missing something here guys... ????

Mon, 08/08/2011 - 14:41 | 1538404 Whatta
Whatta's picture

I would have to find a building to leap from otherwise.

I was gonna take the leap out my (home) office window a minute ago. But then I realized I am on the first floor, would land in my wifes flowers....and she'd just get apeshit pissed at me, I'd get muddy and would have to go back inside anyway....oh well.

Mon, 08/08/2011 - 15:18 | 1538568 Pegasus Muse
Pegasus Muse's picture

lol.  Boy, I can relate!!

Mon, 08/08/2011 - 15:23 | 1538588 JuicedGamma
JuicedGamma's picture

Yeah but then you'd be dead.  That was the intention, no?

Mon, 08/08/2011 - 16:19 | 1539044 Two Towers AU AG
Two Towers AU AG's picture

Does it hurt when you die.. need to know what to expect... :) :)

Mon, 08/08/2011 - 14:48 | 1538432 cbxer55
cbxer55's picture

I'm also having a heck of a time getting on, and it seems odd that I cannot even stay logged in anymore. If I go away from ZH for a few minutes, when I return I'm logged out. Keep getting "computer cannot display website" multiple times before it finally shows. Then when I get the home page, I click a link and "computer cannot display webpage" again. Hit back arrow and theres home with me logged out again.

Its getting pretty dang frustrating here, let me tell ya.

Must be some real heavy traffic because of how poorly the markets are doing lately.

Where Eddie Haskell when ya need him???  ;-)

Mon, 08/08/2011 - 17:43 | 1539563 KingdomKum
KingdomKum's picture

or possible gubmint intervention   .  .  .  

Mon, 08/08/2011 - 14:50 | 1538439 High Plains Drifter
High Plains Drifter's picture

maybe they should get some more fans to cool off those swedish servers..........

Mon, 08/08/2011 - 14:36 | 1538379 dwdollar
dwdollar's picture

Then the magical bounce...

Mon, 08/08/2011 - 14:37 | 1538380 chinaguy
chinaguy's picture

bought XOM @ the bottom hope they don't bust the trade - lol

Mon, 08/08/2011 - 14:43 | 1538414 au_bayitch
au_bayitch's picture

Me too, just brought sto and xle.

Mon, 08/08/2011 - 15:05 | 1538490 chinaguy
chinaguy's picture

gonna flip it if Benny boy says the QE3 word tomorrow....

Mon, 08/08/2011 - 14:37 | 1538381 cpnscarlet
cpnscarlet's picture

WTF just happened to PSLV?????

Mon, 08/08/2011 - 14:41 | 1538405 Smiddywesson
Smiddywesson's picture

I second that question re PSLV

The silver and gold trusts don't track very well.  Is there some tracking error we should be aware of?

Mon, 08/08/2011 - 14:42 | 1538410 Whatta
Whatta's picture

17% premium to NAV. It has nowhere up to go at this time.

Mon, 08/08/2011 - 14:37 | 1538382 Abitdodgie
Abitdodgie's picture

It's tradition

Mon, 08/08/2011 - 14:37 | 1538383 PierreLegrand
PierreLegrand's picture
On this day it is good to remember all the assholes who said this motherfucking childking was the second coming?

Peggy Noonan was one of the traitors from the right.

Noonan Has Blood On Her Hands And Won’t Face It…
Mon, 08/08/2011 - 14:43 | 1538412 Smiddywesson
Smiddywesson's picture

Two -500 point days in the Dow

Change you can believe in.

Mon, 08/08/2011 - 15:09 | 1538514 aramsogo
aramsogo's picture

I miss the days when Bush would speak and the DOW would only drop 300 points. Congrats America, you found someone dumber than Bush.

Mon, 08/08/2011 - 16:27 | 1539125 Havana White
Havana White's picture

Nobody dumber than Bush.  No administration anywhere near as destructive and divisive.  Multiply the next worst admin to Bush's by 100 -- still nowhere near the damage those freaks of character wrought upon this country over eight miserable years.  Twice daily waterboarding for life, for the scores of those values-free cretins, would be far too lenient an answer for their kaleidescopic crimes.  But war crimes trials will be fine for a start.

And this is my good mood critique.

Mon, 08/08/2011 - 14:38 | 1538384 gangland
gangland's picture


saw that, dow -605, s&p -80 nas -150 gold +70


bloomberg: s and p downgrades fanny/freddie


Mon, 08/08/2011 - 14:42 | 1538409 duo
duo's picture

TZA a double (almost) in a week!

Mon, 08/08/2011 - 14:38 | 1538388 Spitzer
Spitzer's picture

HFD Canadian financial short +7.91%

Mon, 08/08/2011 - 15:46 | 1538747 Raphio
Raphio's picture

Gotta love FAZ too - US financial short up 20+% today

Mon, 08/08/2011 - 14:38 | 1538389 Westcoastliberal
Westcoastliberal's picture

Does this mean take your downside profits today before Bernanke fires up the chopper again?

Mon, 08/08/2011 - 14:38 | 1538390 Whatta
Whatta's picture

Do we get to vote on what QE3 will be called?

Like "The Patriotic Refinancing Incentive Credit" or just PRICK for short.

Stick Americans with a PRICK they will.

Mon, 08/08/2011 - 14:57 | 1538459 Transitory Disi...
Transitory Disinflation's picture

I think it will be:

"Bernanke Over Leveraged Levers Or Can Kicking Solution" or BOLLOCKS

"Fed Unreserved Can Kicking" or FUCK

"Slaves Have It Tomorrow" or SHIT


Or a combination of them all...

Mon, 08/08/2011 - 14:38 | 1538391 Count Laszlo
Count Laszlo's picture

It's time.

Mon, 08/08/2011 - 14:39 | 1538393 lolmao500
lolmao500's picture


Mon, 08/08/2011 - 14:39 | 1538396 Bastiat
Bastiat's picture


Did WmBanzai7 go to work for Drudge?

Mon, 08/08/2011 - 14:44 | 1538421 JuicedGamma
JuicedGamma's picture

That pic of Obama smootching Geithner's right lip snarl appears undoctored to me, note the focus and lighting.  Banzai would have added lipstick.

Mon, 08/08/2011 - 14:48 | 1538429 centerline
centerline's picture

LOL.  That is priceless.

It really is funny watching all the "leaders" attempt to calm the markets at this point.  Just a warm up of course for the disaster that will ensue when the time comes to attempt to calm the masses.

Someone cue the "oh, and we're out of coffee" scene from airplane!

Mon, 08/08/2011 - 14:40 | 1538397 ForWhomTheTollBuilds
ForWhomTheTollBuilds's picture

Yahoo put up a story about the S&P response to Obama's address.  They are calling it a "smokescreen".


This is a catastrophe and no one in the administration seems to understand it.  The downgrade on it's own means next to nothing (who didn't see it coming), but the response from the whitehouse lays their hubris bare.  Its just one middle finger after another pointed at the messenger.

Mon, 08/08/2011 - 14:40 | 1538398 Archimedes
Archimedes's picture

Finally made serious money in FAZ and DRV! Sold out as we got close to market shut down. Thinking The Bernank will announce something and we may get a little pop but I will be shorting that Rally.

Where are all the Bulls today?

Mon, 08/08/2011 - 14:40 | 1538399 souljaboy
souljaboy's picture

ClowardPiven anyone?

Mon, 08/08/2011 - 15:26 | 1538615 DosZap
DosZap's picture


They are all in D.C.,IN and around 1600 Penn,(and members of His majesty CZAR teams).

Mon, 08/08/2011 - 18:01 | 1539628 Hugh_Jorgan
Hugh_Jorgan's picture

You got it. Along with many other strategies, all at once. America is under attack from inside and outside. WWIII has been underway for years.

Mon, 08/08/2011 - 14:42 | 1538400 PierreLegrand
PierreLegrand's picture

If you are stockpiling ammo, food and gold this might be a good cartoon to study.

Mon, 08/08/2011 - 14:55 | 1538452 cpnscarlet
cpnscarlet's picture

Bought the AR-15 LE today.

Mon, 08/08/2011 - 15:14 | 1538541 JW n FL
JW n FL's picture

Botched Paramilitary Police Raids: An Epidemic of "Isolated Incidents"

"If a widespread pattern of [knock-and-announce] violations were shown . . . there would be reason for grave concern."

 —Supreme Court Justice Anthony Kennedy, in Hudson v. Michigan, June 15, 2006.

An interactive map of botched SWAT and paramilitary police raids, released in conjunction with the Cato policy paper "Overkill: The Rise of Paramilitary Police Raids," by Radley Balko.

What does this map mean?

The proliferation of SWAT teams, police militarization, and the Drug War have given rise to a dramatic increase in the number of "no-knock" or "quick-knock" raids on suspected drug offenders. Because these raids are often conducted based on tips from notoriously unreliable confidential informants, police sometimes conduct SWAT-style raids on the wrong home, or on the homes of nonviolent, misdemeanor drug users. Such highly-volatile, overly confrontational tactics are bad enough when no one is hurt -- it's difficult to imagine the terror an innocent suspect or family faces when a SWAT team mistakenly breaks down their door in the middle of the night.

But even more disturbing are the number of times such "wrong door" raids unnecessarily lead to the injury or death of suspects, bystanders, and police officers. Defenders of SWAT teams and paramilitary tactics say such incidents are isolated and rare. The map below aims to refute that notion.


How to use this map

Click on each marker on the map for a description of the incident and sources. Markers are precise in cases where the address of an incident was reported. Where media reports indicate only a town or neighborhood, markers are located at the closest post office, city hall, or landmark. Incident descriptions and outcomes are kept as current as possible.

Other map features:

--Using the "plus" and "minus" buttons in the map's upper left-hand corner, users can zoom in on the map to street-level, as well as switch between street map and satellite views. In some large metropolitan areas, there are so many incidents in such close proximity that they tend to overlap unless viewed on a small scale (try zooming in on New York City, for example).

--Users may isolate the incidents by type by clicking on the colored markers in the key (see only "death of an innocent" markers, for example).

--The search function just below the map produces printable descriptions of the raids plotted on the map, and is sortable by state, year, and type of incident.

Embed this map on your blog or website, or view it in Google Maps


Mon, 08/08/2011 - 15:07 | 1538502 malek
malek's picture

More like if you forgot to stockpile ammo...

Mon, 08/08/2011 - 14:40 | 1538401 Arch Duke Ferdinand
Arch Duke Ferdinand's picture

Denninger nails it with these posts.

1/They Will Never Change: Vote Them Out.....

2/Uh Oh... AIG Intends To Sue BAC?.....

3/CONgress and Obama: You Own This.....

****OT: Hilarious Upside Down 2 minute video.....

Mon, 08/08/2011 - 15:02 | 1538478 Bay of Pigs
Bay of Pigs's picture

How's Karl on gold these days?


Mon, 08/08/2011 - 18:37 | 1538492 fuu
fuu's picture


Mon, 08/08/2011 - 14:40 | 1538403 Iriestx
Iriestx's picture

2:30p and the PPT kicks in after Obama's speech.  We go for a green close!  Spend that $2.8t.

Mon, 08/08/2011 - 14:42 | 1538407 doggis
doggis's picture


 the QE3 trade is too crowded. too many people to one side of the boat. i will take the other side of that trade. The US credit downgrade has tied the Fed's hands.

this is a rare and may is say unique ocassion when i would venture to be at odds with you TD....this is one of those ocassions.

let us see how this unfolds.

the doggis

Mon, 08/08/2011 - 14:57 | 1538458 Bastiat
Bastiat's picture

The US credit downgrade has tied the Fed's hands.

How so?  Did S&P mention the value of the currency in which the obligations are paid as a credit rating factor?



Mon, 08/08/2011 - 15:03 | 1538482 Bay of Pigs
Bay of Pigs's picture

The FED will do whatever is needed. QE3 is a certainty.

Mon, 08/08/2011 - 15:09 | 1538512 malek
malek's picture

Don't overthink this.

The tricky part is now to find the right time to go long sp500 or Russ2000...

Mon, 08/08/2011 - 15:34 | 1538669 YHC-FTSE
YHC-FTSE's picture

"Don't overthink this".

Good advice. I'll have to apply it to myself as well.

Mon, 08/08/2011 - 14:43 | 1538413 baby_BLYTHE
baby_BLYTHE's picture

Great Depression 2.0 is here.

Better withdraw your cash from the big banks

Mon, 08/08/2011 - 14:47 | 1538428 Sudden Debt
Sudden Debt's picture

After tomorrow headlines, that's exactly what your going to get. And with all the media attention PM's will become in very short supply for the common people.

Mon, 08/08/2011 - 14:58 | 1538464 chunga
chunga's picture

Tomorrow's Headline: DJIA closes above 9000 - signals recession over.

Mon, 08/08/2011 - 14:53 | 1538447 GiantWang
GiantWang's picture

Teller said, "Wow, everyone's making withdrawals today."  That was at Bank of America.  They gave me my $, thankfully.

Mon, 08/08/2011 - 15:04 | 1538480 Temporalist
Temporalist's picture

Those tellers don't know how to keep their big mouths shut!

Mon, 08/08/2011 - 15:26 | 1538621 malek
malek's picture

Yes, but not just since the last few days...

Mon, 08/08/2011 - 14:44 | 1538415 Sudden Debt
Sudden Debt's picture

Just eliminate Medicare and SS and use all that money for those poor patriotic banks....


I bet nobody expected this kind of change when they voted for Obama....




Mon, 08/08/2011 - 14:50 | 1538438 Smiddywesson
Smiddywesson's picture

I would bet my left arm the next money you are handed has the word "gold" or "silver" on it.

Mon, 08/08/2011 - 14:44 | 1538419 Count Laszlo
Count Laszlo's picture


Mon, 08/08/2011 - 14:46 | 1538423 JuicedGamma
JuicedGamma's picture

Not ready to fire yet.

I've yet to see the whites of their eyes.  Blookshot from tears maybe?

Mon, 08/08/2011 - 14:52 | 1538445 hack3434
hack3434's picture

A crash doesn't take place when the market is overbought. geez...

Mon, 08/08/2011 - 14:44 | 1538420 falak pema
falak pema's picture

RM when will you be a millionaire on your puts on both the US and Euro front? 

Mon, 08/08/2011 - 14:46 | 1538425 Dr. Porkchop
Dr. Porkchop's picture

The US will still be ok despite its new developing nation status. The IMF will be kind, I'm sure.

Mon, 08/08/2011 - 14:51 | 1538442 Smiddywesson
Smiddywesson's picture

Can we send the United Nations packing now that we don't have a reserve currency anymore, they are a pain in the rear.

Mon, 08/08/2011 - 15:05 | 1538488 Temporalist
Temporalist's picture

Seriously the UN will want nothing to do with the U.S. if the FRN is not the reserve currency anymore.

Mon, 08/08/2011 - 14:47 | 1538426 samsara
samsara's picture

I'm just happy having the comments look like they used to.


Mon, 08/08/2011 - 14:56 | 1538455 sourgrapesson
sourgrapesson's picture

Absolutely!! I concur

Mon, 08/08/2011 - 15:00 | 1538469 ReallySparky
ReallySparky's picture

Me too.  I still would like to have spell check back.

Mon, 08/08/2011 - 15:02 | 1538477 Citxmech
Citxmech's picture

I like the old look - but miss the ability to up/down vote - spell-check is a must though!

Mon, 08/08/2011 - 15:34 | 1538670 Twice a Day
Twice a Day's picture


See my post just below your comment.

Twice a Day

Mon, 08/08/2011 - 16:38 | 1539214 tmosley
tmosley's picture

I think we switched back when I pointed out that certain individuals were abusing the feature, likely through registration of multiple accounts, to upvote themselves and downvote their opponents, in a fairly obvious way.

Expect a Karma based system where you get mod points based on the number of upvotes you get from others, and those are relatively few.

Mon, 08/08/2011 - 15:32 | 1538656 Twice a Day
Twice a Day's picture


Just right click your comment during and after typing it, and a smaller window appears, the "Check Spelling" I think is the 3rd or 4th directive down in that window. Click it and you can correct your post.

Twice a Day

Mon, 08/08/2011 - 21:01 | 1540239 Maxter
Maxter's picture

+1.  I like the comments looking like that.  The previous comment looks was taking too much vertical space for me.

Mon, 08/08/2011 - 15:34 | 1538427 SeverinSlade
SeverinSlade's picture

Am I missing something?  Didn't Tyler originally say that QE3 would be announced at Jackson-Hole on Aug. 29th?  Now he thinks we're getting QE3 tomorrow?

S&P is still above 1100.  I think Bernanke would be a bit impulsive to step in tomorrow.  We just got confirmation that the ECB and Bank of Japan is rolling out their own version of QE.  Does the Fed follow them so quickly?  I don't think so.

August 26th gives the S&P about 3 weeks to crash down to 1000.

Mon, 08/08/2011 - 14:48 | 1538430 Ghoaster
Ghoaster's picture just went down....service not available....

Mon, 08/08/2011 - 14:48 | 1538431 monopoly
monopoly's picture

Oil looking for 80. Interesting. Yeah Tyler, this is no time to lose a server....please.

Mon, 08/08/2011 - 14:48 | 1538434 Jim in MN
Jim in MN's picture

Why it reminds me of one of the only footnotes in How to Lie With Statistics:

'It reminds me of the minister who achieved great popularity among mothers in his congregation by his flattering comments on babies brought in for christening.  But when the mothers compared notes not one could remember what the man had said, only that is was "something nice."  Turned out his invariable remark was "My!" (beaming) "That is a baby, isn't it?"'


My!  That is a market, isn't it....

Mon, 08/08/2011 - 14:50 | 1538437 Jim in MN
Jim in MN's picture

Oh and DOW:GOLD 1:1 at 5,000, beeches!  Been sayin' it for years.

Mon, 08/08/2011 - 14:51 | 1538441 FreedomGuy
FreedomGuy's picture

Obama gives a speech and the market drops even faster. Now that's change you can believe in! Does anyone else doubt that the USA is lead by a disinterested narcissistic, childish, sheltered, arrogant fucking idiot? Plus, everyone around him is about the same. One of the hallmark's of the modern liberal-statist-collectivist-socialist democrat is arrogance paired with a disconnect from reality. Well, here it is and even though most of the world, especially Western world is piloting the same idiot keynsian Titanic it won't work. They cannot make it work. They can only delay and hedge it's destruction. The keynsian end game approacheth. Time for some grown ups to take charge.

Mon, 08/08/2011 - 14:53 | 1538449 High Plains Drifter
High Plains Drifter's picture

the more that idiot talked the more it dropped. that had some comic value , no doubt........

Mon, 08/08/2011 - 15:11 | 1538525 FreedomGuy
FreedomGuy's picture

Yes, it was funny in the sense of dark humor. It is also a vote of "no confidence" for the Moron-In-Chief. In fact, other posters here in ZH predicted reasonably accurately that he would just do a blame game and I added that no actual solution would be proposed. How could we possibly be so accurate unless this guy has a distinct pattern? As I've said before, Obama, Timmy and the others are like a bunch of 5 year olds at the controls of a 747. They have no idea what they are doing and they just grasp at the bright lights and loud noises they see and hear.

The secret is the plane flies itself if you leave it alone.

Mon, 08/08/2011 - 14:53 | 1538444 Sudden Debt
Sudden Debt's picture


It can't be all that bad right? Bottom? HA! HAHA!! WHOEHAHAHAHAHAHAHA!!!! FIRESALE BITCHEZ!!!


Mon, 08/08/2011 - 14:52 | 1538446 High Plains Drifter
High Plains Drifter's picture

its all quiet on the montreal front. leo is hiding underneath his bed now...........

Mon, 08/08/2011 - 14:55 | 1538454 TruthInSunshine
TruthInSunshine's picture

Can anyone solve this riddle?:


If a Bernank QEeefs in a forest, and no carbon-based life forms are around to catch it, do markets bounce?

Mon, 08/08/2011 - 15:05 | 1538489 gangland
gangland's picture


carbon life in forests

silicon death in markets

the bernank QEeefs



Mon, 08/08/2011 - 14:56 | 1538456 monopoly
monopoly's picture

No complaints here but I sure wish I put on some shorts last week. Seems to be long in the tooth now to short. So, just sitting and enjoying the absurdity.

Mon, 08/08/2011 - 14:58 | 1538462 Gordon Freeman
Gordon Freeman's picture

Nobody could have seen this coming--nobody!

Mon, 08/08/2011 - 14:59 | 1538466 Bastiat
Bastiat's picture

This is all the fault of:

a) Teabaggers

b) Speculators

c) Racists

d) Birthers

e) Truthers

f) All of the above

Mon, 08/08/2011 - 15:01 | 1538476 Misean
Misean's picture


Mon, 08/08/2011 - 15:08 | 1538503 Hulk
Hulk's picture

Gold Bitchez! Its whats for dinner...

Mon, 08/08/2011 - 15:42 | 1538713 Bastiat
Bastiat's picture

Damn!  Missed one.

Mon, 08/08/2011 - 15:11 | 1538524 Dr. Engali
Dr. Engali's picture

E) Leftist Keynesian thieves.

Mon, 08/08/2011 - 15:44 | 1538734 Bastiat
Bastiat's picture

It's the fault of gun owners!  If there weren't so many guns people would feel safer and would not be so prone to panic!

Mon, 08/08/2011 - 14:59 | 1538467 Marge N. Callz
Marge N. Callz's picture

Market is ridiculously oversold right now.  QE3 announcement tomorrow should pave the way for a corrective rally.  Then you sell the shit out of it.  People that are puking positions or selling short right now will wish they didn't, at least in the short term.

Mon, 08/08/2011 - 15:00 | 1538470 Citxmech
Citxmech's picture

None of these political asshats ever understood anything about economics in the first place.  It's their economic advisors (doing their masters bidding) that are to blame for the politician's inability to articulate anything sensable or even make a passable attempt at appearing competant (Of course they never were - they were just "yes men/women" who could win - hence the backing by W$/Bankers).  The sad part is the eonomic Quislings advising these quacks know all too well how fucked we are.

Mon, 08/08/2011 - 15:00 | 1538471 Curtis LeMay
Curtis LeMay's picture

If bin Bernanke introduces QEIII, he must be arrested.

For fucks sake, none of us here works for the FBI?? You swore an oath to the US Constitution, no one or nothing else.

Well, stand by it: HELP AMERICA before we go down - AND everyone else as well...

Mon, 08/08/2011 - 16:26 | 1539112 Steaming_Wookie_Doo
Steaming_Wookie_Doo's picture

Maybe Robotrader works for the FBI, when he's not too busy looking for new boobie pics for his icon. Anyway, isn't the FBI still working on that D.B. Cooper case from '71?

Tue, 08/09/2011 - 07:23 | 1541766 Curtis LeMay
Curtis LeMay's picture


Where is that guy? I miss him...He's got crosshairs tattooed on him ;)

Mon, 08/08/2011 - 15:08 | 1538495 TruthInSunshine
TruthInSunshine's picture

About 2.2 trillion USD of TAXPAYERS MONIES that were stolen, extracted, lifted and otherwise shaken out of TAXPAYER POCKETS and given to Wall Street & Banks to play with in equity and commodity (and derivative) markets has now been eviscerated in about 8 days.



Do QE3 tommorrow, extract a quadzillion USD from taxpayers (now and future), and give it the banks and Wall Street, and let them blow it on gambling, hookers and coke, again!!!

Break it again TIMMMMAY!!!

Of the banks and Wall Street, by the banks and Wall Street and for the banks and Wall Street, bitchez!

Mon, 08/08/2011 - 15:07 | 1538500 monopoly
monopoly's picture

They showed the Spoos board of 500 stocks. Only 1 was green, just one. NEM. Amazing.

Mon, 08/08/2011 - 15:09 | 1538505 Count Laszlo
Count Laszlo's picture

I say bottom's up.

Mon, 08/08/2011 - 15:09 | 1538508 jplotinus
jplotinus's picture

The stockpiling mentality (ammo, food, gold) fails to register that we're all on the Titanic. Come to think of it, for all its admirable qualities, gold does not have the ability to float on water, let alone serve as a  life preserver.

Financial recovery requires more of a sense of cooperation between nations and groups than is being recognized in and around ZH.

Mon, 08/08/2011 - 15:10 | 1538511 slewie the pi-rat
slewie the pi-rat's picture

"With QE3 to be announced tomorrow, is anyone really surprised..."

tyler, if you nail this, your blessed mother may finally get you off her couch.  at least you are consistent, 0 publisher.  "when stocks drop by x, then y will happen"  where x is is the rear-view mirror price now, and y = QEIII

anyhow, maybe you can get this damned site fixed by QEIII...

...but i kinda doubt it... 

Mon, 08/08/2011 - 15:12 | 1538527 Count Laszlo
Count Laszlo's picture

US is ok, Euro is done.

Mon, 08/08/2011 - 15:18 | 1538563 Curtis LeMay
Curtis LeMay's picture

Fuck "europe", let them die...if, and only if, you mean the EU.

Mon, 08/08/2011 - 15:13 | 1538537 TruthInSunshine
TruthInSunshine's picture

Where's RoboTrader, resident retard and non-thinker extraordinaire of ZH, today?

He'll be here when the spooz is at 800 to tell us he went in a uberleveraged ultra short positions 8 days ago - in three months.

Mon, 08/08/2011 - 15:32 | 1538661 YHC-FTSE
YHC-FTSE's picture

:) Was it Hammy who said gold at 1200/oz soon? I miss those guys. 

Mon, 08/08/2011 - 15:17 | 1538555 CompassionateFascist
CompassionateFascist's picture

Tell ya what, Slewie: if you want Zero Hedge on a bigger server, send in some $$$.

Mon, 08/08/2011 - 15:20 | 1538573 hungarianboy
hungarianboy's picture

Somebody closed his shorts? that's a bounce.

Mon, 08/08/2011 - 15:21 | 1538575 monopoly
monopoly's picture

You got it. You got to donate for the truth. Whatever 1 dollar, 100 or more. But you have to keep the truth. This site is worth its weight in gold. :)

Mon, 08/08/2011 - 15:21 | 1538578 chump666
chump666's picture

Bernanke will need drop the trillion plus to make any movement...but we will break 10000.  nasdaq got decimated

Mon, 08/08/2011 - 15:22 | 1538580 cocoablini
cocoablini's picture

Market MUST, MUST MUST hold 11,000 because its a nice round number the dummies at the FED understand.

Look at the 200 pt rally! Plunge Protection Tampon has finally been place on the market. The big guys are frontrunning QE3 knowing that their stunt with the bots today(turn off, flush stocks)will panic everyone into begging for casino money.

I will not be shocked at a full reversal to zero today-or -100 victory.

Remember how the big drops in 2008 were damped by the PPT. -600 =-150 by last 15 minutes.

This whole event sounds orchestrated-because you can make assloads on volatility if you have the switches to turn it off and on.

Plus, big winner is Treasury market. A sudden flight to fear and quality appears. A totla cattleherding by the USSA Central Politburo


Mon, 08/08/2011 - 16:59 | 1539357 cocoablini
cocoablini's picture

OK I WAS WRONG. The flight of the Helicopters by Ban failed. EPIC fail

Mon, 08/08/2011 - 15:25 | 1538607 JW n FL
JW n FL's picture



Here comes the FED!

No Worries! The Hole is Safe!!

The FED will keep the Hole going!

Gold.. Down from $1,700!

Silver Down from $40!

Stock Market (Free FED Money Market Hole) UP!!!

The Money Fires are the BEST!!

Mon, 08/08/2011 - 15:32 | 1538640 JW n FL
JW n FL's picture

the FED pushed us back to minus 330's!

but back to the 450’s we go!

but people immediately drained ALL the new found liquidity up!

Get out NOW “We the People” were heard screaming!


Mon, 08/08/2011 - 15:34 | 1538668 JW n FL
JW n FL's picture

Minus 510! its 3:34!

The FED is letting it go!


Mon, 08/08/2011 - 15:25 | 1538611 mfoste1
mfoste1's picture

qe induced rally to 200 dma, then down till bond buying starts....

Mon, 08/08/2011 - 15:33 | 1538665 Zer0henge
Zer0henge's picture

QE3 to be announced tomorrow bitchez.

Mon, 08/08/2011 - 15:51 | 1538784 goldstandard
goldstandard's picture

So I'm sitting here now watching Seinfeld. Georges father is yelling Serenity Now! My trader friend is yelling BARACKALYPSE NOW! Love me some volatility.

Mon, 08/08/2011 - 15:52 | 1538785 goldstandard
goldstandard's picture

So I'm sitting here now watching Seinfeld. Georges father is yelling Serenity Now! My trader friend is yelling BARACKALYPSE NOW! Love me some volatility.

Mon, 08/08/2011 - 16:08 | 1538924 Conax
Conax's picture

Wanna do the dozens

well the dozens jes a game

butda way they fu-- with silver

is a g-- damn shame


Silver= huge potential!

for ever





. . .

Mon, 08/08/2011 - 16:53 | 1539321 itsallajoke
itsallajoke's picture

Yes yes, QE3 so we can keep the silly ponzi going so the fat cats can get fatter off the backs of the Middle class..  By all means pass the QE3..

Mon, 08/08/2011 - 18:31 | 1539729 halodoc
halodoc's picture

"The refusal of King George III to allow the colonies to operate an honest money system, which freed the ordinary man from the clutches of the money manipulators was probably the prime cause of the revolution."  -  Benjamin Franklin

Wed, 09/14/2011 - 05:13 | 1667540 chinawholesaler
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