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NYSE Breaks... And It's Not Even Rule 48 Time

Tyler Durden's picture




 

From the NYSE: "The NYSE and NYSE Amex cash equities markets are experiencing sporadic issues affecting order delivery.  Repairs are underway and an update will follow shortly." If an update does not follow shortly, expect the NYSE to organize a conference call where 10,000 panicked momos show up, none of them familiar with the existence of the mute button.

Update: better now

 

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Tue, 08/23/2011 - 08:33 | 1589576 speconomist
speconomist's picture

Bullish! Those insiders buying so much, right?

Tue, 08/23/2011 - 08:47 | 1589658 slaughterer
slaughterer's picture

MOMO = NONO

Tue, 08/23/2011 - 08:52 | 1589679 zorba THE GREEK
zorba THE GREEK's picture

Insiders are buying again, 'inside the Fed'

Tue, 08/23/2011 - 08:57 | 1589701 SheepDog-One
SheepDog-One's picture

Right, and theyre setting the great panic and demand for QE3 how exactly? Ive never seen more calm markets, every day open +100....all is well in the land, well until people realize theres no Wall St free money drop.

Tue, 08/23/2011 - 09:18 | 1589774 mayhem_korner
mayhem_korner's picture

When a Stranger Calls (2011 Collapse Edition):

"That call is coming from inside the Fed..."

Tue, 08/23/2011 - 08:33 | 1589582 Cdad
Cdad's picture

Well, this is the farthest thing from a surprise.  To make the index jump here, chaos overflow is required.  You are going to be very busy today, Tyler.

This rally attempt is going to reveal just how sick this market really is.

Tue, 08/23/2011 - 08:40 | 1589621 Josh Randall
Josh Randall's picture

CORRECT! The market is SICK AGAIN like it's last name was Zeppelin

http://www.youtube.com/watch?v=XEmhC7yR2AE

Tue, 08/23/2011 - 08:45 | 1589646 SheepDog-One
SheepDog-One's picture

Must.....buy....NYSE...MOMO's...must buy....

Tue, 08/23/2011 - 09:17 | 1589770 Cdad
Cdad's picture

Must...buy.....Cramer....stocks....'cause..............he......................said.........................to.

Tue, 08/23/2011 - 09:32 | 1589859 Zero Debt
Zero Debt's picture

Stock market holiday? Can't get your stocks out?

Tue, 08/23/2011 - 08:33 | 1589586 Randy Kruger
Randy Kruger's picture

Why today?  Asia is up, there's no (comparatively) major news crossing the wires.

Tue, 08/23/2011 - 08:37 | 1589601 rubearish10
rubearish10's picture

Why NOT today? Smart money doesn't need to react to headline news.

Tue, 08/23/2011 - 08:33 | 1589587 Marcuz Aurelius
Marcuz Aurelius's picture

Theyre moving some lambs in position of the guillotine-haircut machine.

Tue, 08/23/2011 - 08:34 | 1589589 andybev01
andybev01's picture

" none of them familiar with the existence of the mute button."

Thank you for the chuckle.

Tue, 08/23/2011 - 08:35 | 1589592 hugovanderbubble
hugovanderbubble's picture

Lehman 2 ...

 

BAC and MS = Dissapearing

and

Societe Generale and Credit credit Agricole

with

Unicredito/Generali and banco Intesa

Tue, 08/23/2011 - 08:36 | 1589598 the not so migh...
the not so mighty maximiza's picture

Soviet style

Tue, 08/23/2011 - 08:38 | 1589607 ItchiBitzchi
ItchiBitzchi's picture

They have to fine tune those Algo's

Tue, 08/23/2011 - 08:38 | 1589608 TideFighter
TideFighter's picture

Banana Republic's HFT scary ferry just took on one too many passengers. The boat has overturned and HFT's can't swim. There should necessarily be casualties.

 

Tue, 08/23/2011 - 08:38 | 1589611 digalert
digalert's picture

It's those damn 'issues' again!

I had an issue once...

Tue, 08/23/2011 - 08:41 | 1589624 goldfish1
goldfish1's picture

Installing the fake readings...national security, don't you know. and the sheeple nod as they gobble their msg laden jimmy dean fat biscuits.

Tue, 08/23/2011 - 08:53 | 1589682 Arrowhead
Arrowhead's picture

I take my MSG straight, thank you

Tue, 08/23/2011 - 09:06 | 1589727 Tijuana Donkey Show
Tijuana Donkey Show's picture

I snort mine off Pam.... The flavour enhancer!

http://fuckyeaharchergifs.tumblr.com/post/4999221667/the-flavour-enhancer

Tue, 08/23/2011 - 08:42 | 1589630 hungarianboy
hungarianboy's picture

Well, My AGQ just got filled pre market.

Tue, 08/23/2011 - 08:42 | 1589636 Translational Lift
Translational Lift's picture

This BS is becoming the rule rather than the exception.................

Tue, 08/23/2011 - 08:43 | 1589639 sullymandias
sullymandias's picture

NYSE - Soviet style!

Tue, 08/23/2011 - 08:45 | 1589641 The Piker
The Piker's picture

You got issues. I got TISSUES!

Tue, 08/23/2011 - 08:46 | 1589648 Debtless
Debtless's picture

The buy buttons work okay - seems only the sell ones are having issues...again today.

Tue, 08/23/2011 - 08:47 | 1589657 Oh regional Indian
Oh regional Indian's picture

I think the name is Telling.

NYSE.  

Euro Next. 

There you go, they've been broadcasting it all along, the sequence, ehhh? I feel like I'm on a roller coaster in Six Flags looking at news nowadays.

Vivek (ORI)

http://aadivaahan.wordpress.com

Tue, 08/23/2011 - 08:48 | 1589661 SheepDog-One
SheepDog-One's picture

HEY lets stage a rally going into JH making the 'all is well' case for widely expected QE3 gala star studded announcement? I dont think so.

Tue, 08/23/2011 - 08:48 | 1589663 Hedge Hunter
Hedge Hunter's picture

Transitory glitch. Nothing to see here. Please move along.

 

Jim

Tue, 08/23/2011 - 09:21 | 1589786 mayhem_korner
mayhem_korner's picture

Yes, but it would be funny to see the glitch trip up the pre-ordained +140 open on the Dow and send a panic wave through to a -600!

Er...sorry...I forgot the train is wrecking in Super-Slo-Motion.

Tue, 08/23/2011 - 08:50 | 1589666 zorba THE GREEK
zorba THE GREEK's picture

Everything is OK , Gold is down over 1% , BAC is up almost 2% in pre-trading. 

Our great leaders must have solved all our problems while we slept.

 

Tue, 08/23/2011 - 08:53 | 1589683 SheepDog-One
SheepDog-One's picture

All market conditions totaly rosy, staging great daily rallies...for widely expected massive JH QE3 diamond encrusted money drop? Huh weird...Problems all solved, no QE, carry on, great market MOMO's.

Tue, 08/23/2011 - 08:57 | 1589700 Gibu The Great
Gibu The Great's picture

BAC was up 2% premarket but as of 5 minutes ago it was down 2%. 

Tue, 08/23/2011 - 09:06 | 1589721 cranky-old-geezer
cranky-old-geezer's picture

This last 24 hr rise in stocks and drop in Au/Ag shows people just aren't getting it.

Au/Ag are being traded like all the manipulated paper con games out there with very competent criminal counterparties.

You buy Au/Ag to escape those criminal counterparties, not make a quick buck then dive right back in that criminal cesspool and get ripped off again.

Tue, 08/23/2011 - 09:16 | 1589763 jomama
jomama's picture

the good news is PMs just took a shit, so we can all breathe easy now.  at least for a few minutes.

or can we?

Tue, 08/23/2011 - 09:19 | 1589779 JSD
JSD's picture

NYSE unavailable for trading on IB.

Tue, 08/23/2011 - 09:20 | 1589782 JSD
JSD's picture

transitorily of course...

Tue, 08/23/2011 - 09:22 | 1589795 Diogenes
Diogenes's picture

What is a momo? Is it anything like a mofo?

Tue, 08/23/2011 - 09:25 | 1589819 IMA5U
IMA5U's picture

SYSTEMS WILL NOT LET THE SHORTS TRADE

MARKET IS "OVERSOLD"

TIME TO BUY...SO SAYS MR. BUFFET

Tue, 08/23/2011 - 10:05 | 1590033 r101958
r101958's picture

Let's just call this the pump, dump and prop game. Short term, in lieu of QE3, the big boys pump up (perhaps helping them on their way up) commodities (including PM's) and then sell at certain levels. They then prop up the market with those profits because they are fully invested in the markets with their almost free Fed funds. This serves two purposes; 1- it props up the stock market, for a while, without the normal Fed free money; 2- it suppresses the commodities market and, at least short term, keeps it within manageable ranges. PM's should continue to go up but these leaches will filch as much as possible on the way up.

Tue, 08/23/2011 - 12:08 | 1590558 jasebishop
jasebishop's picture

Being sporadic doesn't mean unintentional. It just means irregular, scattered or isolated.

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