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"NYSE Is Currently Unavailable For Trading"
It seems that "imminent" NYSE fix is a little delayed... Luckily, for now, nobody has come up with a high frequency way to front run navel gazing and thumb twirling.
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Bove
BAC being attacked by the shorts - they will fail
Chicken Sh!T$!!!!!!!!!!!!!!!!!!!!!!!!!
My NYSE stocks are trading.... 09:32am...
PC Load letter?! WTF DOES THAT MEAN!?!
you don't wanna open the "load letter"....
I wonder at what price level they'll need a Tarp shot :)
My prediction of 40 cents for BAC is getting a lot closer these days :)
Fair value for BAC $2.
hahahahaha :)
4 cents in dividends per year. I only buy banks with a 10% div. So 40 cents is what I would pay for it.
And in todays environment, I might even expect a 15% return to cover a bit of the risk.
I don't buy that "future earnings" crap AT ALL!
They still need to write down all that Real estate crap on their books and I don't even talk about all the other worthless crap they own.
Markets are broken.
This is the most unstable time in the history of markets - well - ever.
Good job Bernank. Great job, Jeeeetner. Awesome work, Dudley & Sack.
You're doing a heckuva job, New York Branch of the Federal Reserve.
Keep up the great work.
BAC plus DC equals banking art center drama club...
BAC going to break $6 in T-minus 1 minute.
Fuck me, it's 9:50am and we are rallying. Totally oblivious of the 10am news drops.
Bullish for stocks
Where will the future growth come from? The confetti machine??
My guess would be something involving Kim Kardashian.
I know we're at peak oil and all, but a return to whale oil seems very unlikely.
bullish on snake oil?
This might be a little bit of a problem. Could someone grab the crash cart and some oxygen please?
Stat!
LOL! All I can hear is Steve Grasso talking about the valuable liquidity that human specialists provide...and how superior they are.
Could someone grab the liquid oxygen and a match? Stat!
http://www.youtube.com/watch?v=SS7n4kVL5kA
i know
nyse cant process huge buying orders from FEDDDDDDDDDDDDDDDDDSSSSSSSSss
alx
It could not handle the surge when the FED clicked "Buy All."
"Are you sure you want to Buy All? Click yes to continue."
Bet you there is a Banzai in there somewhere.
pods
At least zero hedge isn't crashing -jk...
What's that smell? lol
It's the unmistakable stench of Red Bull induced OCD vomitus. Pit traders go through withdrawal 9 minutes after the opening bell if they don't have trade tickets in their espresso-stained paws.
This is not the market you are looking for.
...move along. (waves hand)
Ahhh ..'Change you can believe in...' Smirk..
Midtown Manhattan. You will never find a more wretched hive of scum and villainy. We must be cautious.
Latest Chinese cyber attack, eh?
did the 40-day banking holiday start early?
what!!!!!!!!!!!!! on a day when the stocks are set to soar to new heights!!!!!!!! nooooooooooooooooooooooooo!!!!!!!!!!
maybe they'll start trading lint and nail clippings to keep sharp in the meantime then.
It is a little early for pop corn and Jim Beam but what the hell, I'll be back in a jiffy....
I thought I was the only one living on cornbread and whiskey. Survival foods that stood the test of time. LOL
good for the bulls
it will help the market lift higher at the open
OK, I know a lot is happening lately, but could this just be a "regular" system crash? I mean those systems are not perfect. And again, I'm not being naive, I'm just an IT guy that know that things can go wrong.
I'm an IT guy too... and things don't go this wrong this often with such a level of 'convenience'...
Yes, you're maybe right. All those 9999999 in uptime are begining to look like 666666.
What is convinient about having downtime and losing money? And for what purpose? NYSE listed stocks trade on dozens of other market centers that are not down.
I'm all for crazy conspiricy theory (this is ZH after all) but the idea that any US equities market center would be down on purpose simply does not make reasonable sense.
They had to replace the condenser under the distributor cap and re-time the ignition...
problem is with timing .... hopefully, nothing important and we all will be okay ... at the end we always will make it! i am a firm believer on the power and intellengence of machines and people
Yeah, you may be right. It's just that when you have a privledged Oligarchy who constantly lies for it's benefit, you're always left to wonder if anything like this is an innocent or something staged for their benefit. It would be much better if we got rid of the Oligarchy and wouldn't have to wonder all the time like this.
Its the perfect situation for speculation. Everybody seems to have an opinion or have heard something on some website. Few people says: "I just don't fucking know".
The IT consultant put the QE3 pipline into production too soon.
Or a new IPO that we don't know of is named "DROP table Equities"
Nice
"Oh yes, little Bobby tables, we call him"
http://xkcd.com/327/
Did this cause the raid on Au? Boredom from the algos?
can I still put in an order for a double cheeseburger, fries and a medium chocolate shake?
Yep - Tim Geithner will handle that for you at the drive through ;-)
Maybe so, but the gold dealers are still open......
This is the Bernank's last card. If markets don't open, then stocks will not fall. Wealth effect!
And the plot thickens.....
Sets up the pit traders for a giant game of Red Rover.
"Niners caps to the left...Raiders to the right."
all sellers are being takin out back and shot, we will be back shortly
NOTICE: ALL MARKETS CLOSED UNTIL BEN BERNANKE'S SPEECH AT JACKSON HOLE
The beatings will continue until morale improves.
Resolution:
NYSE is once again available for trading.
It's all smashed up mon.
ib says its back
I want my momo back momo back momo back.....
Nothing that a little reset won't fix.
Of course ... I have yanked the cord a few times in case of emergency.
I'm contemplating turning cnbc on, should I?
...interesting day, 5.5 quakes in Colorado and a broken market, rumors of QE3 coming out of Jackson Hole, Moammar tripping in Tripoli ...and the Grease Devil is on the loose. http://stratrisks.com/geostrat/864 lol
Theres rumors of QE3 coming out of JH? Why would that be, the markets are fine, +100 tear on every open, no problems at all.
Will this market just crash already. At least lets see a couple more Proton Banks.
Market opens , stocks sink, and gold goes up. Who would have thought?
You know, I'm starting to wonder if we're seeing part of a false flag act of cyber terrorism? Just a wild speculation, but...
1) BBC Radio 1 were interviewing an RAF computer systems security guy yesterday, for no apparent reason.
2) The BBC Market Watch page has a sidebar article about "the algorythms that run our world" currently.
3) The internet and cellphone networks have been acting weird in the UK for a couple of days now.
and now this 'technical fault'
Probably just me being paranoid, but I'm seeing a kinda theme here recently....
Glitchez Bitchez
The man at the switch must be taking his morning shattner break
Gold down.
do you expect it to go up every day? :)
Indeed, following all the doomers.
Gold down, dollar down, NYSE down. Where's the money flowing this morn? Everyone sitting on cash for a mid-day BBQ?
I think this makes for an interesting afternoon...
If anyone wanted cash, dollar would rise.
It's the Sun. A CME. No no, it's the moon, PM's to the moon that is.
BUt it's only Tuesday. Sure, as good a day as any to destroy markets, CONfidence et. al. Fridays are so yesterday.
Can I eat Stox? Nope, only swallow them after dipping them in sauce.
Ahhhh, like that. the DTCC spicey, hot and sour one? Hmmmmmm.......
Vivek
http://aadivaahan.wordpress.com
Do not name your company "DROP table Equities" god dammit!
SQL humor. Funny +1
Do you know Bobby Tables?
http://xkcd.com/327/
LOL! TFTL
Error: Malformed SQL, semicolon or continuation line required to complete statement.
Thanks mister parser. I'll remember that for my next IPO.
BAC down smartly.
+1 Best use of an adverb.
Yours,
Lolly
Operation "rope a dope." watch out all u shorties. Da Ice Man cometh...and he's loaded down with Tasty Freeze.
in case of emergency pull Cat5 cable
Ex PFC Wintergreen casually clicked another e-cig. As he inhaled the mysterious, smokeless vapor contained in the tiny cylinder, he pondered what he would do that day. Hmmm.... his eyes gazed into space as he sat in his tiny cubicle in the basement of the BankAmerica building. Just inches from his face was a cinder-block wall, painted light gray, and showing little tracks of precipitate from the mortar, as the dampness tried to seep through.
Ex PFC Wintergreen's computer screen flickered, and he glanced over towards it- the only hint of expression was an almost imperceptible twitch at the corner of his mouth, perhaps ironic, perhaps sad. He continued to stare ahead at the wall, but his hand crept towards the keyboard- a couple of clicks, and there it was- the fate of the mighty edifice that sat above him, like some dyspeptic leviathon, was sealed. Now, there was nothing to do but wait...
Gold & Silver down (check out the 3:00am volume spike), stocks on the brink, USD up... oh what's this, billions of bonds up for aution next three days.... hmmmmmmm, another day in Wonderland!
Why is the entire NYSE down- just stop sales on Bank America- which is doing the turd in the punchbowl routine again.
Market would be down huge without intervention and this sort of thing. Bid ask is ridiculous- if one could ask in theis market.
I think it says it in the hat
Wanting people to listen, you can't just tap them on the shoulder anymore. You have to hit them with a sledgehammer, and then you'll notice you've got their strict attention.
http://youtu.be/zJUdDpRYh6o
http://youtu.be/Jh9_2RA7CM8
good morning vietnam!