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Market Stoned Like It's 1999
Presented with little comment but we thought, given the exuberance surrounding Facebook, ZNGA's rally, and FFN's double, that we would point out that the four-week average volume on the NYSE has dropped to levels not seen since, yes you guessed it, 1999.
Chart: Bloomberg
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Who needs life? I'm high on dope!
http://www.youtube.com/watch?v=uIU9F3DjlwU
Will barter hallucinations for bullion!
http://cannagen.com/inv/strainimg/2/22258_4ccfc85cd35f3.jpg
contact ... www.bcbuddepot.com
Tell em DP sent ya...
Very nice.
Mi Ti Fine looking herbal remedy you got there farm boy !
1999
OMG does thatlook delicious! Purple Kush perhaps?!
Yum!
I smell a recession. Holding 30 year treasuries and 3X short the S&P 500.
Come and get me Charlie! Fire up the printing press!!!
Ahhh the days of mylar wallpaper in my closet.
I just thought I would throw this in one more time!
http://www.youtube.com/watch?v=qJfbO-iBkZI&feature=related
OT: Yesterday we find the Endorse Liberty PAC gives almost a million to Ron Paul. The corrupt main street media are chomping at the bit for the deadline, to find the names to prove once and for all that Ron Paul has racist “fringe” supporter…but it’s not! It’s gay influential tech giant who first recognizes importance of Facebook in 2004 before many did. He’s visionary. He’s for liberty and freedom. He’s so influential that he is part of steering committee of Bilderburger! LOL! So what does fucked up corporate whore media do? They fucking freaked out now. Scared spineless bought and paid for media who hide the truth. Mr. Thiel doesn’t fit profile of their fucked up view of “Ron Paul supporter.”
Hey people, visionary Peter Thiel is a fucking Ron Paul supporter. Rumors that Ron Paul is little homophobic don’t matter, even a gay visionary recognizes that we need Ron Paul for this country. If networks won’t report, we have to spread the word. Ron Paul is not a fringe candidate.
http://thielfoundation.org/index.php?option=com_content&view=article&id=...
Sorry to say but the people have spoken and they want more bread and circuses not liberty and truth, and they will get it, good and hard ..
The people have not spoken yet, most don't understand what is going on. Stop being wimp and work harder, talk to people.
Nope he's right. They want bread and circus. They simply don't care. They have been brainwashed over 70 years to believe that their leaders could never behave like what is really happening now. Tell 9 out of 10 people what's really going on and they will look at you like you are a crazy man off his meds. The simple fact is that they are still in the matrix and they do not want to get out. No amount of 'working harder' will change that. The only thing that will change that is when they are cold and hungry.
Start your own campaign. Here's example, send this to your email list.
You may think Ron Paul is a strange character or he has strange ideas, but find out why billionare visionary Peter Theil spends a million dollars to help him get elected. Peter Theil, who is gay, believes in freedom and liberty, he’s on Facebook’s board of directors, he was an early investor of Facebook in 2004 before others recognized its value.
Why does Bill Gross who co-founded PIMCO, who manages one of the world’s largest mutual funds tell us Ron Paul is only Republican who can fix economy?
http://dailycaller.com/2012/02/01/facebook-investor-and-paypal-co-founde...
http://thielfoundation.org/index.php?option=com_content&view=article&id=...
http://outfront.blogs.cnn.com/2012/01/04/pimcos-bill-gross-ron-pauls-the...
https://en.wikipedia.org/wiki/Bill_Gross
I must be spending too much time on ZH, as until now I've managed to completely miss the Ron Paul internet meme! Buzzfeed has their top 50 picks. They're all awesome, but as a vet, #39 kicks ass, especially now that Perry has been vaporized.
http://www.buzzfeed.com/jpmoore/50-examples-of-the-ron-paul-meme
#50 is tops, IMO
http://www.data360.org/dsg.aspx?Data_Set_Group_Id=2362
half of people are immature <25yo or retirees who could care less >65
they don't believe it when 0.1% of population has income of $3,000,000/year.....yeah...facebook's millionares ain't shit compared to these power couples hitting IPO success year after year after year mostly on unearned income.
Party like it's 1999......... Cue in the purple and pink.
I heardat, JX. Look who the sheeple elected as their last POTUS. Try a test with educated friends. Ask then what the national debt is, then ask them what last years deficit was. I've been doing this since '09. Nobody got it nearly correct, ridiculous responses. My bro- in law, an M.D. Guessed $300B last November. Then you tell them and they look at you like..."So-oh....?" Part lll is coming: Oromney. More of the same. Protect your family best you can. They are not going to listen or understand.
Sadly you will get the Black Goldman Sacks guy or the White Goldman Sacks guy to choose from. Pro-Bailout Girly-men will give america what it deserves.
You just don't get it:
free campaign advertisement and propaganda via mainstream media = good
large donors to Democrat campaigns = good, benevolent, caring
large donors to Republican campaigns = evil, racist, and stupid
large donors to Libretarian campaigns = fringe lunatics
Better start trading FX at www.armadamarkets.com Average daily trading volume: 4000 bln dollars. Enjoy!
Heard some good stuff about Armada Markets and their partner LMAX. The final days of bucket shops has now finally arrived.
Two more reasons to vote for Ron Paul.
(1) Donald Trump endorses Mitt Romney
(2) Mitt Romney accepts Donald Trump's endorsement
"A dog returns to its vomit" Proverbs, IIRC
Joseph Jones
Yup 26:11
so a fool repeats his folly
also, remember that when chris christie, you know, the one who invoked the spirit of ronald reagan (the alleged conservative), will be running for president in 2016, that HE ALSO ENDORSED NITWITMITT!!!!!
Who's to say that there will be a President in the U.S. come 2016? The way these fools are running things, we may have a year or two at best..
NITWITMIT!! Good play with the words!! Milestones
ilion spammed:
Do you always reply to your own sock puppets?
They're the same person.
He's been really picking up steam on spamming that site these past few weeks.
I shouldn't talk though. I'm about to unveil my top secret ZH project to the community that not even Tyler knows about but that involves a link to the project.
I've said too much. He's got another handle too, him and... himself were having a ball on a thread awhile back.
Does your secret plan involve recreating the end of Fight Club?
I'm thinking she'll release EMP devices, delivered from "Iran" via Venezuala, South Africa, North Korea and a certain "friendly" nation in the Eastern Mediterranean.
Better read up on One Second After.
+1 rainy day woman:
http://www.youtube.com/watch?v=pIM03siHuaM
Does anybody remember, when was the last day when stock markets actually declined in the US?
In terms of fiat or PM?
It's really quite disgusting.... I know what you mean.
Makes me wanna throw up.
The Disconnect Is Palpable And Growing.
You mean in a meaningful way? Im thinking 2001. Of course planes were flown into a couple of buildings...there were at least a few fundamentals at the time though...so I really dont know otherwise.
http://www.youtube.com/watch?v=cRRbNMTcDTM
Robo is rich!
One of either two things is about to happen in the next few weeks:
Stocks correct to 11k
or
Inflation increases asset prices dramatically to catch up to the stock/bond bubbles valuation of corporations.
Well that's teh fucking problem Lennon, a bear like me is unhappy, although i should be shorting by now ...
With crazy fuckers like uncle Ben and his cohorts controlling the market it's tuff..
meanwhile ... do what Cypress Hill say:
Roll it up, (light it up), smoke it up
I wanna stimulate my mind (so I toke it up) .... Smoke Trails ~~~~~~~ O O O ooo
Clinton only exhaled, and look where it got him!
He blew a lot of guys?? And it got him AIDS? Milestones
I just got an ounce in the mail...
Don't give The Bernank an ounce more credibility than he deserves in mapping future plans.
It only takes a quick trip back to 2007 or 2005, for that matter, to realize the basic, fundamental, incontrovertible truth that The Bernank's credibility is extraordinarily low, and that whatever semblance of credibility he has obtained has been done through a proxy financial media that's really gone to bat for him, on behalf of the Money Masters.
You damn fucking right Truth... I slipped for a sec!
My sincere apologies
It's alright.
In a world full of cnBSc & Bloomturd, it happens.
The Bernank will leave as a disgraced and humiliated Fed Chairman.
Count on it, bitchez.
Dont' forget ReutersTurd... The Biggest Government Spin Machine on the internet.
You shouldnt say things like that unless you are sure which one is going to happen. Otherwise I dont know what trade to make.
But I +1 for the idea that we are about to rocket or plunge. If we plunge I would be surpised if it only goes to 11K.
I'm thinking 8K may be optimistic.
The inflation of goods already priced in means that for pensions to work it needs to be at 11k. Go below there and Grandma eats cat food three times a day, she won't be using heat, and she will have to use newspaper to wipe.
lmao lennon
Go below 11K and Michelle won't be taking all those taxpayer-supported vacations.
Go below 5K and Barack will be a caddy on the golf course.
"Ben, keep it above 12K until December!"
Sure hater, look at Vix is so low, I so want to short but i just can't!
18.16 0.39(2.10%
am thinking DOW to 13,500-13,800! I will initiate after FB IPO, i think it will go up slowly, the DOW is resisting 12,700 atm
resurger ,, i bought tvix at the close....wish me luck i will need it!
TVIX all the way. Seriously, how much lower can it go?
Good call, i will follow suit
Ever heard of a sucker-punch?
Only works if your not looking.
Dont' bet on 8k.
In fact, with the lowest volume on record (making it easy to move the Dow intraday/daily with a paltry $2T-$3T) and the CTRL-P on full throttle (though they're trying to hide it in various ways)... I can see a 15k Dow by December.
Very true bro. Of course, being the glutton for punishment that I am, I will continue to incrementally add to shorts as parabolic moves up present themselves. Can't wait till this game they've been playing blows up in their face.
Nothing wrong with playing that side. If I was selling calls/buying puts I would be long gold just in case.
....oh wait, I am!
With real inflation at about 12%, which means you lose 12% of your principal if you stand still in cash,
With taxes on your increases at (name your best estimate),
Add in any fees,
Add in risk as you see fit,
You have to REALLY do well EVERY time to make that pay.
Market is broken, PM's are the only viable alternative for now.
http://i1140.photobucket.com/albums/n579/bearasaur/January%20Census%20Da...
http://i1140.photobucket.com/albums/n579/bearasaur/January%20Census%20Da...
To curb inflation, government will declare one gallon of gas contains 6 pints.
There's a very underspoken of point.
As we head into what very well could be a worsening credit crisis that turns into a worsening liquidity crisis, the nimble, fast liquid parties will have particularly exclusive advantages, regardless as to the long term outlook for fiatrash.
Mr Lennon Hendrix
I pick door #2. No way they let Deflation jump the shark.
while I tried pot once.. I can say I never exhaled..
Thats like taking a trip without sending a postcard back home!
four-week average volume on the NYSE has dropped to levels not seen since, yes you guessed it, 1999.
Does that mean we can PARTY LIKE its 1999?
Puff, puff, ponzi.
people on Ludes should not trade.
Retired "soccer moms" beg to differ.
As others have said, dark pools are where the action is nowadays.
Incorrect. Dark Pools must report their trades, not immediately, but they must. I think it's 24hrs lag. The graph includes dark pool trades.
Most dark pool prints are reported to the consolidated tape in less than a second. However, they are marked as distinct from NYSE trades. Google "CTS Multicast Output Spec" and search it for "Trade Reporting Facility Identifier". NYSE trades are marked with TRF=N, while most dark pool trades are marked with TRF=D (FINRA).
If this chart shows only NYSE TRF=N trades (as the title suggests), then it should illustrate the NYSE's diminishing market share (which it does). Nasdaq, ECNs, and dark pools have cut deep into their business. Still plenty of NYSE-listed shares trading... just not on the NYSE.
Thx a lot for clarification
Put that in your pipe and smoke it!
-- Eugene pretending to be RoboTarder.
If more people actually smoked pipes, ala Einstien, Kipling, Jung, etc....there would be a lot more reason and calm in the world.
Don't forget the brown teeth and mouth cancer.
We don't need volume.
We need price levitation.
If you took out high frequency trading there would literally be no one left.
It's the HFT algos vs. soccer moms for the battle of last trader in the market.
Who will win?
Find out next week on Sipping Coffee with Ben Bernanke
Maybe the Supreme Court will declare that Robots people also?
lol
+1
Indeed.
http://www.hulu.com/watch/4510/futurama-anti-robot-propaganda
I prefer the term "artificial person".
I guess we can start calling the Stock Market: "The Playground of the 15%".
The Market is SO detached from reality. Hell, my company up 0.25% today...after laying off 5 people. #newnormal
Hell, we droped 24% in margin overall and my company is up over 50% these last 3 months.
We actually had to sign a contract last week that forbids it to managment to short the stock!
Our own legal is looking into it because that's a US memo and we don't really have that kind of laws here in europe :)
Tyler, now what is the best strategy this month because i'm confused like crazy here!
Long or short?
Same!
Me, I am a very confused bear. Need papa bear to instruct me. Please WTF with this market going forward?
Simple. There is no market.
Take the third position as a trader.
Do nothing. Stay cash, gold if able and do other things.
Simple.
Count on the government continuing to pump the markets up and....
BUY SILVER NOW OR BE POOR LATER.
how about physical?
Whatever money we make from the markets we dump it in physical easy, no doubt about that :)
Yes.
I'm liking condors right now.
Tyler, now what is the best strategy this month because i'm confused like crazy here!
#occupythehoipolloi >> the 1% should occupy walmart in force and demand more money,drugs and whores, when in doubt backwards is the new forwards
I am confused, what was the motto, again? Occupy WalSTREET or Occupy WalMART?. Not that I go protesting at the wrong place tomorrow.
#occupythehoipolloi >>>just addd to the confusion
Sounds like liquidity trap to me. Someone call Keyenes.
Has anyone noticed that two words have disappeared from the language..
" Profit Taking "
"It's a trap!!!"
Must be all those buy and hold "investors". Gotta figure out how to get them more panicked so that they dump all their shares and then buy them up again at a net loss + trading fees. Oh wait, forgot, the Fed propped the market so hard that it's impossible to charge past a stupidly narrow range. If you're not selling options, you're likely getting your ass kicked.
That means the big internet boom is still big! 1999 I'm gonna buy Yahoo!
1999 - http://www.youtube.com/watch?v=e6t3DpbCv4k
i got a hot tip AOL
Could it be that everyone is trading options and derivatives instead, so that underlyings need to change hands less often? Sounds a lot more tax efficient, anyway.
Yea, Social Media is the new bubble. LOL
Think people, S M is not going to cut it!
3D TV... internet gadgets fail.
Social media is the Joneses on crack. It really keeps the public enamored with materialism. In doing so will push people waaaaaayyyyyy past the point of common sense. A bubble no doubt. But, the ramifications might express themselves elsewhere somehow. Seems to me social media is the way of the future... we are just the childhood phase where we hurt ourselves with it. Kind of like a kids playing with matches.
It was instrumental in the Arab Spring rev, so I assume the PTB are pushing, behind closed doors, to find a way to quell the potential. Brought about the kill switch concept.
I think the opposite. I believe we are seeing the height of this phenomenon. There is a shift in the public mood that is happening very slowly. We are moving from optimism toward the pessimism end of the spectrum, collectively. This will continue and as it does, there will be a movement back toward privacy (as more people come to the realization that privacy actually does matter and is a right). This will be reflected in many areas of society. I think that in five years, the idea of telling the world where you are and what you're doing will strike people as insane, and they'll wonder what the hell they were thinking, with all their stupid ass "My cat just pooped on the kitchen table" posts.
I think that social media will still be here and will be an integral part of our existence going forward.
At the same time, I total agree with you on your point about privacy. It is truly insane how people have simply offered up so much information - some on a real-time basis! This will change. It is a social extreme for sure.
Social media will have to evolve to be more "private" in some ways, and anonymous in others. Either way, the FB business model will crash.
I actually have family that announces what they are doing while away from home... basically announcing to the world when it would be a good time to loot their house!
Exactly! Right now, it seems that people have blinders on, and when they take them off, which they will, eventually, they're going to say, "What the hell was I thinking?" Personally, I go on FB to see what people are saying, and I might respond to someone's post, but I never post updates on myself, what I'm doing, what I'm having for dinner, etc. It's extremely narcissistic, and I don't think I'm so important that I need to announce to the world what I'm doing. It reminds me of when I look at pictures of myself from high school, wearing a fucking polyester leisure suit to the Saturday night dance. I wonder, why didn't someone say something? But then, everyone was doing it. I think people will look back on this the same way. I think this IPO will be the classic pump and dump.
I'll be suprized about any long term "Pump" and a whole lotta dump! This shit of "arrn't I cute" shit is going to crash. Milestones
WD - re. FB, Don't go. Don't feed the monkey.
Wanted to add my experience with the internet....
Asking a medical question about a symptom = internet says you have a really bad disease and will probably die.
Getting involved in casual social media like FB = internet says to buy an iProduct or you are a loser and won't be happy and successful like everyone else who has figured out the secrets to life that continue to evade you.
Media has evolved into a kind of poison/novicaine. Choose you poison carefully. Everytime we interact with the W, we are informing. Inform thoughtfully.
i was thinking last night that those of us on FB and any other "online vehicle" are being mined - as data - people are now commodity.
Funny how this diverges from stock valuations. One would think that if volume and price continued to be somewhat correlated that stocks should in fact be tanking. But, some mysterious force is acting on the markets to cause this divergence. How odd.
Matter, meet antimatter...or perhaps rephrase that to "it just doesn't matter."
I think this is the answer: http://www.flickr.com/photos/expd/6532292501/in/photostream
the stoned market is going to roll over and fall out of bed (or off the couch) one of these days. low volume "rallies" end badly every time.
"Two thousand zero-zero party over - oops - outta' time!"
Whats a volume? Is that like a Bollinger band or a candle stick omen or something? Or is that Hindenburg? Ah fuck it.
Peak volume.
Peak everything. AKA, a civilization in decline.
Yes the dum dum dot cum 2.0 starts soon at a FB sign on screen near you!
That's odd, the graph above looks almost the same as the gasoline consumption graph presented on an earlier post.
Incredible, 1999.
Did something bad happen in 1999?
Yes,
January 1, 1999 - the Euro is established
Ahh yes...1999. What a glorious time to be alive. I remember i bought shares of QCOM at 300 before i left for work. When i came home it was over 600 and change. As Gordon Gekko put it, "It was better than sex"
"Cause tonight were gonnna part like its 19.... Hold up it is!"
Will Smith
Why no; come on in, the water's just fine.
Oil $50, Silver $18, Gold $1000. Then buy!
That's my bet.
Social media is boring. Facebook is boring, Zynga games are boring.
It's not adding one iota of happiness to peoples lives. It just creates a happy smiley cult for them to stress even more trying to keep up a happy smiley persona to prove they're just as happy and smiley as the next guy.
There was little substance to the 1999 internet craze beyond the purely utilitarian aspects of online shopping.
Social media is a solitary experience. Facebook and Zynga are generating countless billions of man hours of lonliness, dressed up as some kind of social activity.
It is not social, it is a giant media-hyped scam to provide Ben with various helicopter outlets to drop fiat on useless geeks who in the end produce nothing but hot air.
You must be an walker, like me. I spend only 20 accumulated minutes a week on Facebook.
Hear hear Quack
And retail goes: Hey! That's not shinola; that's shit!
OT, but I love the phrase "magically disappeared" in this bloomberg article on Deutsche today.
The European Banking Authority said Deutsche Bank still needed €3.2 billion in capital when it updated its view on the region’s banks in December, but according to CreditSights, that shortfall has “magically disappeared.” The bank reported its risk-weighted assets fell to €381 billion by Dec. 31, from €421 billion as of Sept. 30. CreditSights says the drop, which put Deutsche Bank’s Core Tier 1 capital ratio at 9.5%, above the EBA’s 9% June 2012 target, “illustrates the capacity of banks to improve capital ratios without raising new capital.”
Is that where the "vaporized" loot from MFG went to?
"vaporized" ~WSJ
love the vaporizer! all the good...none of the bad...
That chart paints an interesting picture, a NYSEsaurus! (which is an omnivore, btw)
I call the market top as of right now.
That is a bubble if I see it.
With that said, look out below! And stack your metal. (And ammo etc)
If the market tops, then gold that has been tracking Es, will also promptly fall ( for the the short term )
Baltic Dry Index and the Greek 1 year yield are getting ever closer.
Am predicting an intersect near 530.......
Excellent. Cross the streams and destroy the Sta-Puft marshmallow man.
Now all we need is fractions and 250 gold....lol