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cant wait for the volatility in september/october
Today's ES target is 1172. Buy.
I wouldn't bet on it today.
Agreed. You currently have the BlowHorn [CNBC] crowd calling "risk off" and "no one is long." It must have been 2009 the last time I heard the BlowHorn pimping the bearish point of view.
If that does not get your attention...well, then nothing will.
Sell the pop. Buy GLD weakness a couple more handles down.
anything bubblevision says is less than useful.
Not entirely. Since it is the job of the BlowHorn to help Wall Street front run various things, you can listen to it and apply intuition, anticipating where funds are looking to get in or out.
Super, double secret, counter intuitive, bubblevision information application.
Yep Cdad you just have to know how to read between the Clownhorns lines.
Thats why CNBC has a poll everyday to find out what the investors are thinking and use that against them.
I dont watch it but i read Zero Heddge... "@fausto412: @Nouriel @zerohedge why do you watch cnbc?"
16 minutes ago
Is it only RedBull...? @zerohedge: Is CNBC thinking that getting screamed at by a redbull addict conducive to a Nielsen ratings surge?
19 minutes ago
Right! Go & tell ahead of the tape to a clueless equiy market @Kelly_Evans: aircraft orders are great! But choppy. Core=true trend
21 minutes ago
21 minutes ago
true dat. you made it sound like you were taking them at their word there for a moment. glad to be wrong.
John Paulson has to have shit running down his leg with the hit in gold.
OT. What are the odds that BAC was the "mystery borrower" the other day, when every one thought it was SNB?
SNB said no, not us, but did not elaborate further. Hmmmmm.
A little more liquidation in the GLD, Paulson and such selling a bit more of their winners, and it,s a buy, and the market more broadly reverses yesterday's utter stupidity.
Today = stupidity squared.
'No one is long'...yet stocks are within 15% of their all time highs. So who IS long? Someone! I guess the FED about owns the whole ball of wax by now, most all bonds, most all of the stocks....wow wonderful.
If cnbc turning bearish isn't a bullish signal I don't know what is.
1,174.49 hit less than 30 minutes after my call.
You all can buy the new "Slaughterer is my new ZH Trading Guru" T-Shirt from the on-line website next week. It will cost $500, because the lettering will be in pure 24-Karat Gold. The cult image of my tits will be reproduced by WBanzai on it.
If you can't afford the T-Shirt, you can always make a contribution to ZH. And a public apology here would also be nice. ;-)
I'm betting all the girls call you "minute man" (and you think it's because of your patriotism).
And back in the red 60 minutes later. Can I have a refund on the t-shirt I pre-ordered?
1172 huh...we'll see.
RON PAUL BITCHEZ!!!
What is important to remember is that there are many “undecided” Republicans that will end up voting for Ron Paul if he is the nominee. Every Democrat voter already knows Obama is their guy, so I wouldn’t expect him to pick up much more support. Also, Ron Paul has a HUGE advantage among independent voters, which would just about seal the deal. Obama has the predictable advantage among, poor, young and female. (And probably brown) Many of those people are not reliable for turnout on election day. Ron Paul’s supporters are the most reliable voters on election day.
Off topic, I know...junk me...oh, right.
There will undoubtedly be untold numbers of former Dems with nothing to vote for in the next election from their side. Some will follow R. Paul. Many independents too. Another Obama vote is pretty hard to defend at this point for far too many.
Ron Paul 2012 - "It's Time to Hit Bottom, America!"
The more the MSM and the GOP and DEMs ignore and bash Ron, the more popular he will become. Didn't we learn anything from the album labels we got back in the 80's. Only those albums with the "explicit lyrics" sold well.
to quote another on ZH - " bloody pods"
I think that he finally has enough buzz to win, and will. It's just what happens afterwards that gets ugly. I'm not against him; but, Ron Paul will probably be this depresion's Herbert Hoover. I just don't want people to think that a return to mark-to-market and sound monetary policy (perhaps a gold standard) will be a painless transition; they will be very painful, indeed. My comments aren't bashing Ron Paul; I am merely encouraging his supporters to hedge accordingly.
Ron Paul can't win but I will vote for him.
The Dem machine will scare the brown people with cries of racism and scare the old people with his quotes about social security and medicare.
Off topic, but correct.
Get it through your thick head: he won't be a Pug nominee and he can't win as an independent.
How many times must he tilt at the windmill before you understand that he is just plain unelectable for president in the US?
It's one thing to say "It'd be nice if...", but we don't live in that alternate universe, m'kay?
The way he wins is to get more votes than any other guy. The way to get the votes is that people show up in the booth and do the deed. This is pure mechanics, not theology. Make it happen by making it happen. Contribute to his campaign (as I have), hold a stupid goddam sign, talk to the people you know, send out notices and updates by email. This is how it happens.
Volitility bitches. Get yours while the getting is good. So long as Tyler is rambling, allow me to prognosticate.
I predict Friday will be uneventful. Now everyone get back to work.
Need a confusion index.
A 'WTF?' index.
i would buy that
I propose a WTF Equivalency Index - WEI. It will be the ratio of
Where WTF1 is Winning The Future! and WTF2 is What The Fuck?
"The taxpayers would be suing the banks, but if they won, they would be getting paid by themselves above some set amount. Maybe I underestimate the ability of the government to miss such obvious details, but no way does JPM buy BAC without a cap on all that litigation."
1) JPM is "the government"
2) I pay myself now, what is the difference - "the taxpayer" is now a MINORITY so why not let the ignorant fucks riot so we know who to shoot first.
Do not be confused: Short volatility today.
Joke of the day, enjoy:
Aug. 24 (Bloomberg) -- Bank of America shares may triplefrom current price levels, Raymond James analyst Anthony Polinisaid in a note, without providing a timeframe.• BAC liquidity ‘excellent,’ balance sheet flexible, reserve levels high: Polini• BAC mortgage expenses unlikely to exceed $10b, don’t expect co. to issue stock: Polini• Raymond James rates BAC strong buy, PT $16; 18 buys, 18 holds, 2 sells, avt. PT $13: Bloomberg data
"balance sheet flexible"...FASB flexible maybe...and he misspelled 'shit'.
"unlikely to exceed $10B"...ummm...you forgot a zero.
They'll issue stock alright...directly into the market analog of Hurricane Irene.
The crackpipes be slurpin' at Raymod James..."Independent" FA...LOL
Is the Crystal Ball broken? Maybe you can use some of that Hedge Fund slush money to get a new one! jk
Outside of a few miners, no stocks for me. Not worth the risk.
I never did understand miner stock buyers.
Chavez sucking in gold.
BAC in trouble
Europe dazed and confused and now wanting PIIGS gold.
The "Stan" coutries buying all thier own gold.
The Bernak doing ZIRP and Twist 2.
Fukashima melting down Tokyo.
Looming wars for the good of the Rothchilds and Rockefellers.
A disfunctional US gov. with an idiot at the helm.
Banksters still stealing everything that's not nailed down.
The stock market running on vapors and dreams of DOW 20,000.
Great quantities of US dollars in excess reserves and in foreign banks waiting to excape.
DYSFUNTIONAL MARKETS, DOLLARS, EUROS, BONDS, GOVERNMENT, SHEEPLE, MIDDLE EAST, EUROPE, US AND FOOD.
PERHAPS BEANS BULLETS AND BULLION IS NOT A BAD IDEA.
Check, check, and ....... mmmm, check.
Inexplicable drop in gold? I thought it was the increase in margin requirements in Shanghai. No?
what are the odds
that there will even BE another election?
Gold fell because fear came out of the market. It has nothing to do with QE3. Stocks rose because they are cheap and being snatched up, the sellers are exhausted and there's no real evidence of a recession.
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