This page has been archived and commenting is disabled.
Here Is What Happened After The Last Global Coordinated Central Bank Intervention
Presented with little comment but following the mid-September Global Save, things didn't end so well.
Chart: Bloomberg
- 34711 reads
- Printer-friendly version
- Send to friend
- advertisements -



I guess that's some consolation, but my fucking face is bleeding this morning.
Would you expect anything else from a rigged casino?
DOWS up big baby!
I give you the SHAM-DOW, peddled by over-eager prostitute biting showmen.
And the casino does not need to be rigged, 'cause the house wins every time...
this means a major bank will fail this weekend lol
No, worse.
Eight large national pension funds are going to be found empty, every country on the list contributing is in trouble.
Even Canada.
As for the Fed giving them more funds. I would request the Antikythera mechanism from greece as collateral - oh and a few Islands would be cool too - lets get those 57 states ;)
By trouble, I mean BIG Trouble, capital T trouble kind of trouble...the same type of trouble in 2008 when congress printed a trillion to loosen up Libor.
MF Global was the drive shaft for every first world nations pension funds which are tied...can't even finish this. Good luck to all.
So I fully expect Corzine is chllin with Ken Lay on the Island.
shall we end, this motherfuckin motherfuckery
I NEVER thought I'd have to say this..., but, Jesus, clean up your language!
Fuck, Peabody, how else can you fucking describe it? Even Aesop and your scrawny little friend Sherman calls it motherfuckery. This ain't no fractured fucking fairy tale.
I NEVER thought that I'd have to say this...., but, fuck, clean up your blasphemy!
oh shit, what are we gonna do without a driveshaft?
Printers don't need driveshafts. Rev baby Rev
The printer's gonna need a truss.
'Even Canada.'
You make it sound as if Canada is full of bright, savy people. It isn't. I'm sorry you Canadian you.
We do have lots of sophisticated (smug) people here though!
Celine Dion bitchez!
A nation that created Canadian Bacon and brought us John Candy can't be all that bad.
Celine Dion bitchez!
Now that's some funny shit !
Yes, even me here in Canada!
"Liquidity problems" == Global diarrhea
Diarrhea is hereditary. It runs in your jeans.
I guess it's also contagious and all banks have it now. Hence your equation is correct
Even Canada.
Yup. It's like getting that letter in the mail informing you that you may (probably) have been exposed to a STD. Not that I would know anything about that first hand *shifty eyes*.
Did you lend money to Santander?
For the record, CPL just makes up bullshit constantly.
Hell Yeah! Banks quit lending to each other, financial system getting ready to collapse but the Fed steps up with another couple cases of Dom to keep the party going. Could there be a better time to party hard in the markets?
They should serve Prosecco in honor of Italy's implosion/bankster takeover!
To those who think markets are free
You're flirting with insolvency
It's their game, it's their chips
They make highs, they make dips
It's the hallmark of Kleptocracy
I applaud you, your highnesty.
The levels that these people are willing to sink to is just mind-blowing....
On a more cheery note. This bullshit helps Ron Paul win.
"On a more cheery note. This bullshit helps Ron Paul win."
*** Warning ***
Crack head posting.
Here is a video on Central Bank Intervention in the Eurozone
FAZ and I are in pain this morning.. but I know she'll be there tomorrow morning.. or next week to make up for all of this fraudulent banksta work.
Just sell, DO NOT HOLD IT.
These aren't stocks. They are X3 ETF's, thermonuclear weapons grade trading instruments. Now with the printing that will happen this week you'll lose every penny. Dump and stay still. Sometimes you don't have to trade and unfortuantely FAZ is a good way to get your licks in learning how to trade.
agreed. Plus you don't get in fight with crazy people in street - you go around them. Today's market is insane, with PMI and ADP both "better than expected", no need to fight it. we could see 500 points pop easily. 3X ETF is only for day trading, IMO.
I never touch anything stronger than the DOG.
Us bitches gotta take our lumps
don't hold it. I agree. know when you're licked and live to fight another day. USD will be everywhere, and demand for US assets will be higher. The hedge funds and bots can run this quite far with the Fed Winds at their back. You'll know when to reestablish the short.
Please note, Cramer said his best long for next year is GLD and his best short is XLF...yikes, Cramer? Cramer?!!!! This has shaken my conviction. I need to rethink everything.
Yeah he(Cramer) spun his wheel of "what do i tell them on the show today", and by chance thats where it landed
Amen. And Amen. Annnnd.....Amen!
Yeah, keep buying options from the bankers to bet against the, er, bankers, that'll teach 'em! LMFAO!!
TO THE FAZMOBILE!
Ok I admit.. I had a good laugh with that comment. +1 FAZ share.
http://www.youtube.com/watch?v=Rdu0xRmq3AY
i feel your pain, i thought we were gonna rock due to yesterdays downgrades =(
it's not a market. it's a rigged mood manipulation mechanism and they thought the same as you. you need to figure out what mood waves they're going to set up and then feed on the edges. guerrilla stylee.
Leveraged ETFs are a bitch because once they lose it takes a while for them to get back to their beginning price. You're likely better off just increasing your position size on a regular ETF. I always wondered if you could short a leveraged ETF like shorting a Long leveraged ETF that would get the leverage working for you I would think.
It would take a miracle for them to get to their beginning price if you've held them for a while and the reason is that they match percentage moves of the underlying. So if you have TZA for example, buy $100 worth:
the russell goes up 3% TZA goes down 9%. Now you have $91.
next day russell goes down 3% TZA goes up 9%. You only have $99.19
So the more the market chops the more screwed you get holding them. The only way holding them works is if you can catch sequential days moving in your direction.
If only we were important enough to our brokers to be able to short both the long and short sides of the 3x ETFs we would make a killing (and risk free!).
Why would anyone (other than those GAMBLING with OPM AUM - and lacking any conscience) choose to subject themselves to the most highly rigged casino in history?
Hold real assets, invest in oneself's skills, and watch the sheeple who still have a hit of hopium left crash, yet again, as the CONfidence scam makes takes another blood transfusion.
You are able to bet with the house, that's why.
In AA we call that enabling.
Mine too. and we all knew this would happen... just didn't think it would come before a more significant crash.
How can you trade these markets?
Okay, why do you trade these markets?
BANK RUNS served up hot.
Your face?!?! my anus!!!!
I just added a buttload of deep out the money BAC and MS puts to my portfolio, and I feel much better.
WHEEEEEE wow what a ride! Something tells me it end like Mr Bonestripper though.
Nothing But Trouble: "Mr. Bonestripper" - YouTube
We're on an express elevator to Hell...going down.
I am feeling a little sick.
This community is made up of some of the smartest traders out there. We get the most accurate information possible. WHY IN GOD'S NAME DO YOU PEOPLE KEEP PLAYING THIS FOULED UP CASINO GAME? Are you simply addicts? GOLD, SILVER, OIL, CASH. Only after your other provisions are taken care of. There is nothing else you can do. It's either that are keep 5 cigs lit in your mouth, your face glued to the monitor, and sucking down gallons of coffee while placing a new trade every 5 minutes. The game is rigged. The banks win. The money printing will continue untill it does'nt. Trying to time this is suicide.
ABORT.
All true! You may want to add on-line brokers et al to the list as they collect their fee$ getting in & out. Just 5 roundtrips a week can set you back almost a $100! ....times 52 weeks is some $5000/year!!! So simply NOT trading will net some decent 'profits'. Then there's the 'sleep' factor........not playing in the rigged casino and I sleep very, very well. No need to wake in the wee hours to follow the global markets, listen to the CNBC drones, and pain the brain about Greek elections, Italian bonds, ECB, etc., etc. Bottom line: you're right! Casino! Addicted! Abort!!! Get out & stay out! ...and watch your bank account grow!
The answer to your question, Mr. LongBalls: Because their only tool is a hammer. They have no other marketable skills -- and I use the word "skills" delicately.
The crisis had been decades in the making. One day/ one move will not change the final outcome.
The number of zeroes when the inevitable global default happens will certainly be higher than we expected.
According to Biflationary theory, they've only succeeded in making things worse: stoking inflation right as global economies are slowing hard. That's gonna do some job on the real economies everywhere as more layoffs and wage deflation will have to follow to compensate. feeding the vicious cycle
bankers choice
heads I win, tails you lose
send complaints to your local "policymaker"
bwahaha
Thank you sir! May I have another?
FAIL Bitchezz
Load up on SPXU right now!
I like SRTY better, but to each their own.
once again, a guy cant profit from an honest short thanks to centralized monetary control. im beginning to realize its totally pointless to short stocks. they will never allow a collapse
once the war with iran commences, that'll be the excuse needed for a bank holiday! the MF Global was a test case. money stolen, and all i heard was celente, but where was everyone else who had lost money? weird or what!
bet all those insiders in congress are doing a happy dance at our expense, literally!
They don't call them dancing israelis for nothing.
Celente lost money???
No shit???
BWAHAHAHA!!!
According to Celente, he lost 6 figure$ in his account which was going to be used to pay for his futures contracts in physical. He also lost those futures.
He lost a Dec gold contract at a little over $1400 per oz that he was planning to take delivery of in Dec. He says the trustee offered it to sell it back to him at current price ($1700+) & he told them to fuck off.
Better to realize late than to never realize.
I dunno about that. Most folks short after the 'big' move down happens - piling in at lower and lower reward opportunities. If one believes that this is a bear market, the time to 'feather in short positions' is now, slowly nibbling at large run ups and then selling into the strength (i.e., stock collapse). But, that said, shorting is a hard way to make money since most moves in assets are 'up', not 'down'. If one must be a contrarian, better to play the 'DON'T PASS' line at the craps table - while the odds are in tha casino's favor, the tables tend to trend 'cold' more than 'hot' - leading to nice profits if you know when to leave
...a hard way to make an easy living.
Hard way? 4, 6 or 8. A hard 2, 3 or 12 is an easy way to pass the bones on IPO.
They will do whatever it takes to keep the criminal enterprise afloat. Too bad for them that they suffer from delusions of grandeur. There's only so much silly putty can take before the water seepage sinks the ship.
blow the whole wad www3 is coming anyway
i wont lie....this hurts....alot. fucking central banker bullshit
Fear not. The "I'm #1" foam-finger stock rally is nothing but nominal fluff from the debasement before the storm.
Enjoy the pump in metals, average your basis, and save your popcorn for the fireworks to come.
When five flipping fed dead heads per day start babbling spew into the msm blowhorn you just know that shit is fked up bad.
So what you're saying is this is very bullish until it's extremely clusterfuckish?
Put up the gold chart during that period.
Were you aware that last Wednesday the Chinese Royalty essentionally foreclosed on the Federal Reserve (the Rothschilds) and the global high finance banking cabal with the biggest lawsuit in modern day history? The game is so over. http://www.rumormillnews.com/pdfs/11%20civ%208500%20Keenan%20Complaint.pdf
I have been following this case for a year and familar with people involved. This is the real deal.
114 pages. Read it. You will think it's a Tom Claney novel. It's not.
And then it will explain the EU issues, and today's move.
Today's "coordinated" liquidity program, IMO, is just throwing farts against the wind.
End-game (for them), bizarches!
Hyperbole. Although I suppose I should read it first...
Who is the presiding judge for the kangaroo court? Judy?
<--- This is my curious look.
Wapner (kick it old-school).
Do you have the Cliff Notes version for us slow campers??
We're fucked.
Got it...thanks xcehn!...
I'm having a tough time reading and understanding the law suit. What's this about? Care to provide a quick summary?
Is this the Benjamin Fulford saga?
Well, I read it. I'm no lawyer, but I play one on Grokaw.net.
Short summary - someone wants to sue a whole bunch of people and principalities for about a zillion dollars - a good fraction of the global GDP, in a US jurisdiction, over unclear and indefinate actions by them since about the last WW.
A: No one has ever won something like this, ever.
B: No one has ever won anywhere near this much money over anything, ever.
C: See SCO vs world on groklaw for an example. Go long lawyers, they'll be busy with this for a decade if it's not just thrown out for no jurisdiction (I can't think of a court that would actually HAVE jurisdiction to hear something this broad). And in the end, it won't be settled, and the lawyers will retire rich - if it even lasts past the first judicial review, which it most likely won't.
Pure posturing by someone - look for that angle and the info might be useful. In the meanwhile, I'll take the other sides of this bet all day long at any reasonable odds.
You don't pull this kind of thing without warships and so on - you can make the other party lose that much, but you don't collect - it's all flames and smoke by then. This is for some kind of show.
Thanks for the summary. When you are essentially the only creditor nation in a world of profligate imbeciles, and you have everyone's productive capacity under your thumb... suddenly warships become so many floating tinker toys. Certainly there is a chess game going on, and our side forfeited a few pieces before the opening move.
It has something to do with this hushed-up story from 2009:
http://www.marketskeptics.com/2009/06/italy-seizes-135-billion-treasury-bonds.html
"Italy's financial police (Guardia italiana di Finanza) has seized US bonds worth US 134.5 billion from two Japanese nationals at Chiasso (40 km from Milan) on the border between Italy and Switzerland. They include 249 US Federal Reserve bonds worth US$ 500 million each, plus ten Kennedy bonds and other US government securities worth a billion dollar each.
The question now is whether the bonds are real or counterfeit"
More speculation on the the bonds:
http://www.asianews.it/index.php?l=en&art=15456&size=A
http://www.asianews.it/news-en/Everything-suggests-that-the-American-bonds-seized-at-Chiasso-are-real-15648.html
if these guys were acting officially for Japan, why didn't they have diplomatic immunity? Why were they searched in the first place?
A fascinating case, and a rare (accidental) glimpse behind the curtain. This shit was hushed up fast and no Americam media reported on the story except for Bloomberg, who seemed to provided cover and disinformation for the US.
Dragon Family, Kuomintang, Japanese...I'll speculate on either a Chinese Triad (perhaps the Chinese Govt itself!) or Yakuza -- take yer pick!
Just started reading it, and it certainly pleads like a legit case. But, it is insane. This should be the subject of a ZH article in and of itself if true. It's so outrageous I can't say that it is, but time will tell.
I am a lawyer, have been for 30 years, do mostly real estate and finance, but one "tell" on these things is to check out the law firm and the partner's name on the case. To me, so far, they check out as legit, not a shop full of insane ambulance chasers. Mulligan the lawyer is a former Rogers & Wells (Wall Street) lawyer. He's a mature practitioner - the real deal . These guys don't file baseless allegations.
Just my $.02. Wild.
The Institute For Biflationary Economic Studies would like to bring to your attention some important data points from today's release:
-Revised Unit Labor Costs decreased by a huge -2.5% at the same time as the ADP report an increase in 206K jobs.
Translated: Wage Deflation is now rip roaring. There is some jobs growth, but at a markedly lower cost structure and we can also guess, with far fewer benefits.
-WTI cracks $100, and food inflation stands north of 6% in the US. As reported earlier, gasoline pump prices hit all-time US records for the month of October and the week of Thanksgiving.
Thank you for your attention and as always, Lotsa Luck
Don't forget that productivity was down also.
We are hiring more dumb workers, who are less efficient, for less money.
Sounds about right.
You don't quite get it: it's not that they produce more, it's just that they cost less. That's what they mean
Just another point on the linear interpolation between the 60s and modern China for the ole US of A.
Should've been the Bontemps Research Institute for Binflationary Economic Studies.
Don't worry, all those barristas will engorge their unsecured cards and mortgage houses they don't qualify for anymore, you betcha.
Can someone chip in money for gas to get me to work? I'll pay you back Friday. At least I'm not deployed in Tehran.
Elderly retail greeters for the 10pm to 8am shift, plus extra security to watch over the $1 towel display.
YAY!!! All news is postive today!
"Everything's coming up Milhouse!"
http://www.youtube.com/watch?v=1-q1oPJ46R4
Technically speakin' this rally may have a few legs as a short term $usd reverse head 'n shoulders pattern has formed.
It has legs, alright - bankers' middle legs up everyone's ass.
duplicate del.
At least I finally got some TVIX at my price point. Other than that, nothing like seeing all my profits disappear in one day.
*except my stack...still as shiny as ever!
Even i have morning wood, after this incredible morning of awesome news.
Christmas came early my friends.
Everything is solved.
Nothing desperate here.
Miscounted our Xanax this morning? ;)
That was Sept (bad month)...This is freakin' Santa Claus...I would bet 2:1 that this thing lasts atleast until the middle of Jan 12'.....IMHO
This is why you buy quality stocks when the market takes a hit. Bought a bunch when the market was below 11,000, and will buy nothing until goes back down even lower than that again. Meanwhile, will collect dividends.
BAC going under $5, just look at the one minute chart, it is like there is a big magnet pulling it down, Buffet and his 80 year old 4 inch ball sack trying to push it up.
Ride it and ride it well, take the profits and buy physical and leave the "coments" to the talking heads!
NO SHIT.
GOT FUCK?
I'mma fire up a hopium rock.
http://www.youtube.com/watch?v=3QjM8yJtEOs
Upvote if you plan on fading the living fucking shit out of this rally.
Upvote if you plan on getting paid daily and exchanging your cash for goods.
Nice.
Upvote if your trading record is close to or similar regardless of whether or not you've consumed hallucinogens.
You were warned. Whenever the little monkey in the bow tie starts pounding the table, head in the opposite direction:
This clown's a perfect contrary indicator. Fade him. ALWAYS.
I am having a really hard time reconciling the real data I know to be true with this complete garbage coming from the press. I just heard from my buyer that chain wide sales were down 14%vs last year last weekend. My wife says that her retail store didn't come cloe to last year and they discussed on a conference call yesterday that sales were dissapointing nationwide.
The first people to really find out the reality of the economy are the managers on the ground. They report the terrible sales to the higher ups and the highers figure out ways to massage terrible data into positive news.
The better the published report, the worse it is in reality.
Just do the opposite of what Art Cashin says and don't even look at the real data.
I don't believe the term 'real data' is an apt description of the numbers that we are seeing.
How about we substitute 'garbage data'?
This time is different.
No it's not - you're still trolling.
Yikes. More FAZ more SPXU. F*uck it....
The system is rigged, they're creating liquidity indirectly by slaughtering the bulls, then the shorts, they rinse and repeat. No way to time it, no way to outsmart it, the casino is run for the benefit of the whales, don't get suckered into this circus...
Keep moving up your open short stop orders. The reward/risk is getting sweeeeeeeet!
It's all a Joohdi mind trick!!!!
i posted on this site my entry targets, can't say I didn't tell you. although I admit I expected a drop down on the overnight, with a new entry point. the big boys were reading the charts, and decided to do something at that resistance line. what a crock. the gap today is insane, and any real trading system would tak a big hunk of profits on the overnight aznd rebuy lower towards baseline. but I am rather sure the big boys are trading in all markets and are coordinating trading. (ie. goldman europ, asia, us) etc. when you get 2% profits overnight y0u take them in any real trading system (not this hft front running algo one though
What part of "triple leveraged ETF" doesn't sound bad? I have noticed that they sell these "energy drinks" in convenience stores. The cans are emblazoned with skulls, and yet, people think something with A SKULL on it is good to drink.
We have lost not only our symbolism literacy, but also our complete understanding of plain English (due to total immersion in Newspeak, I suppose).
You invested in a triple-leveraged exchange traded fund, (run by the largest criminal banks) and are surprised when you lost everything????
I have no sympathy for you at all.
Before the poison control center came up with "Mr. Yuck", they asked children "WHY are you drinking/eating things with skulls/crossbones on them?" The response: "Because it's pirate food."
So, now you know (and knowing is half the battle!) :>D
Well, the only thought that's been going round and round in my mind is just how desperate are they if they're trying this now?
DavidC
They're desperate, very, very desperate. But just do the opposite of what Art Cashin says.
A little TA clue that this is a sucker's rally. That candle on 11/25 was NOT a reversing candle. You NEVER get a sustained trend reversal without one.
Seriously....the financial reporters can actually say bullshit like "Fears of the global recession easing" on one day of fucking news and a turkey baster full of hot liquidity being jammed up the markets' ass to save it?
This is going to last till Fri.
anyone who shorts a market rigged to go up for more than a quick trade gets what they deserve....run over. I realize ZH is a tell it like it is website and that's fine because we all need some reality, but since when has reality had anything to do with market action? maybe before 1987 was the last time. today's markets are underpinned by one intervention after another and a compliant "PPT" designed to float markets and economies indefinitely that should be bankrupt and there is nothing anyone can about it short of a full scale revolution. until then short for scalps, buy for swings.
Very true. And rarely are we presented with such imminent tasty shorting morsels as these ridiculous gaps.
Unrelated to this board...How does DrudgeReport not have a ZeroHedge link on their page??
The last thing we need is Drudge flooding this site with his statist, warmongering, imbecilic Neocon reader base. If you want every article posted here to have 2,000 posts within 20 minutes, all of which essentially read either
"DEY HATE US CUZ WE FREE, 9/11 NEVAR FORGET, BOMB IRAN!!!11!1!1"
or
"Kill those hippy Occupy Fleabaggers. I never needed me no welfare no how. I spent 20 years in the Army then worked for the Postal Service for 20 years and I got me 2 pensions. I hate the liberal Obama government. But I sure hope the liberal Obama government sends out its riot police to crack the skulls of those worthless young people that can't even get jobs lol. And god help you if you try to cut into my multiple federal pensions."
...
then yea, we need Drudge Report linking to Zero Hedge. Already Mike Church is mentioning Zero Hedge on his radio show, which will bring an influx of retards the likes of which you have never seen. Feels kinda like when 4 Chan got too popular and was utterly destroyed by all the "newfags", as they call them on that site. Zero Hedge is mighty close to falling victim to its own success.
On a similar note, I've noticed Market Watch has started linking to "off brand" blog type posts now for "outside take" style commentary (even those talking up the virtues of physical metals or decrying the fraud in the markets). I think there is a direct correlation between the drastic rise in the popularity of Zero Hedge and the bigger MSM financial sites changing their content strategies. Few informed people trust the MSM at this point and the alternative media industry is booming. The MSM has to either adapt, or lose its relevance among anyone other than the mindless sheeple.
Exactly. Today's data and DOW uptick is like celebrating on the sidelines with a Gatorade bath after a touchdown...and your team is down 42-7 in the 4th quarter.
Fascists generally don't want the public informed (and when they do, it is on THEIR terms). Now, I like some of the spirit of Drudge, but it really is nothing more than a Republican propaganda bullhorn. It's not the solid alternative news with hard data and analysis that you get on sites like here, AlterNet, etc.
Drudge's readership has neither the education nor the inclination to learn required to make any use of most Zero Hedge content. Those people need to be spoon fed information in a nice preprocessed form via the MSM. Drudge merely uses propaganda techniques to splice together the content of other sites into a narrative that supports the neocon agenda.
I think the TPTB can keep a major decline off this year. Next year, 2012, is when the major economic decline happens. It will be tough for the masses. Sad!
We're all gonna LOL on ZH when mass layoffs/continued fat cutting resumes in March of next year by corporations.
Gotta get those shareholders their piece before the end of fiscal April, 2012
DOW up 408 and volume is double the norm...suckers have been found, it'll be a good Christmas for some brokers...
What is the spot crude price now, ye underemployed populace? Doth ye cheer as well?
and with the dollar resting on this suppor channel line , it has high chances of rising after some dancing on that line ....and then Stocks ill get SLAPPED down::
http://markettechnicals-jonak.blogspot.com/
EURUSD up 1%
HYG up 1.5%
SPY up 3.5%!!
ES is overdone for today at least.