This page has been archived and commenting is disabled.
Almost as if someone is trying to kill this market... Almost.
Courtesy of Nanex
- advertisements -
Contact Information:
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Suggested Reading:
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure. Here's our Cookie Policy.
put some more lipstick
on the cadavar
that is this economy ...
she's got a date tonight
good bye SP1280, hello financial meltdown followed by qe3.
pass the punch
They better announce it before 1200 or this market is toast.
The "punch" we'll get with each subsequent QE is less. Diminishing effectiveness and efficacy. A shame really. Man the ramparts and hide the gold
Questions and observations for the day;
1. OK, what happened behind the scenes while the Debt Drama was being played out? Classic distraction. What happened? What Big Time Charley behind the opaque screen is it that we're missing? Classic never let a crisis go to waste.
2. What'll be the next disaster of a manufactured crisis attempting to distract the pleebes from the real activity? Another war? Germany's asked the UN to discuss the slaughter of Syrian citizens by its own military on the eve or Ramadan.
(Lybia was a European driven effort; France and UK.)
They've plenty in Europe to draw attention away from as well...
3. Today is DC's report card. Major "F-" For all the work, drama, time, effort and public appeals, the vote is in...
The Only Truth Is Price
And that truth is bad. Nothing has gone right. Bad decisions surrounded by terrible and impossible PR, reported sloppily by the captive MSM, resulting in a majority concensus vote of markets... not of select few participants, but the entirety of markets....
....that it's a failure. The whole fucking thing is falling apart. At the very moment where true statesmenship and leadership with the best of intentions for the country would have been rewarded, disaster has befallen the full range of our social, political and economic system.
The vote is unanimous.
A vote recognizing failure.
To once again paraphrase Yeates; "There is no center left to hold."
"At the very moment where true statesmenship and leadership with the best of intentions for the country would have been rewarded..."
"I am here. Tanned, rested and ready..."
Bananamerican 2012
knuckles-I've recommended "unjunk" many times. I've never junked anyone, rather preferring to offer comments.
I just Greenied you comment--spot on and thank you.
- Ned
{I remain a junksta' - virgin, I'll have all y'all know ;-) }
"It's as if millions of stockholders suddenly cried out and were silenced." Paraphrase of OB1
The US consumer economy is an Apple economy. Once the share price of Apple revert to the mean, the markets will tank.
The US consumer economy is an Apple economy. Once the share price of Apple revert to the mean, the markets will tank.
The US consumer economy is an Apple economy. Once the share price of Apple revert to the mean, the markets will tank.
That's easy for you to say... too easy! ;- )
Man, it was bad the first time, it was bad the second time ... but a third time? Fantastic!
I let the votes speak.
So, the US economy is rotten to the core? Plagued with lots of hungry worms?
Some, maybe most here, would agree with that.
MInus 250
"If debt is the problem, how is more debt the solution"?
- RonPaul
The problem is, all these 'profitable' companies are the ones laying off workers here in the US and hiring overseas for pennies on the dollar (and is the main reason they are showing profit). That does not, and never will, equate to anything good for main street.
"If stupidity got us into this mess, why can't stupidity get us out?"
-Will Rogers
Stupid is as stupid does.
-Forest Gump
Because we must spend our way to prosperity!
I don't know where she is now, but Brooksley Born has to be laughing.
Brooksley is still a hottie. My guess is that she is considering changing her name to Casandra.
OT: WTF just happened to ZH?
A bit of heavy traffic post-close, eh Tyler?
no shit...i had a perfectly good "super congress" joke ruined...i guess ill go click on some ads...cheers!
"put some more lipstick
on the cadavar
that is this economy ...
she's got a date tonight"
Zombies Bitchez!!!
http://www.youtube.com/watch?v=ekh3hsLpuSI
Where's RobotTrader???
Under the bed curled up in a ball crying, with whimpering.
He is crafting a post describing how he called today's cratering of the market and profited handsomely.
He's constantly rebooting his computer and pressing F5 like a madman because those must be last year charts he's looking at right now...
.
He's looking at NFLX down 2.35% on the day, down 6.2% on the week.
But he's BUYING THE EFFING DIP!!
Crismonde, what the hell are you doing here?? Get on the damn phone and sell him some calls. NFLX @ 320.00 Sept expriy.
Margin call has him tied up
I hear he's trying to hock his Mom to get enough to meet the call.
I heard a rumor that he and leo got together with Paul Krugman for a mutual pep rally to rouse their "animal spirits", and were last seen jerking-off together under their favorite "Print or Die" poster of the Bernankster, moaning in unison "I believe, I BELIEVE!"
Nobel Prizes:
Paul Krugman, Economics
Barack Obama, Peace
There's a track record!
Someone ate his shorts.
Frontrunning Bitchez..
have to, bonds need a buyin
great timing with the flood of bond issuances on deck. what a rigged casino.
Actually the timing sucks, I had this pegged for tomorrow and today was the day to buy puts during the "We passed it" rally. No one got my permission to change the schedule!
Today's message of doom truth, brought to you by the good folks at Nanex.
So does this imply there's HFTs trying to levitate the S&P above 1250, or to press it below the area of support?
I'd like to buy 100 shares of, I like to sell,buy, buy, sell, buy, sell, sell, buy...
OH MY GOD!! OOooH MY GOOOooddD!
IT'S GONE!! IT'S ALL GONE!!!
I can't believe it...
I think I'm going to puke...
remember that clip with the baby? Best clip ever :)
Here it is:
http://www.youtube.com/watch?v=38bEi8wnXJA
Here it is:
http://www.youtube.com/watch?v=38bEi8wnXJA
S&P500 be down for the year, bitchezzzz!!!
Think I can still buy some gold cheap on e-bay?
Sure, if you can find some buy and hold guys that are selling everything they have to meet their margin calls.
Might even be able to get a used sofa for cheap to while you're at it. :)
Maybe.
I just bought 10 walking liberties at $.77 below spot, including shipping. Not bad considering the 4%+ jump today. Especially with the eBay gold and silver store that pushes bullion, you might do ok if you go for the older coins.
Neither Au or Ag go stale, so who cares how old the coins are?
Blackbox Schizophrenia.
This.Ends.Poorly.
Timmay...are you having a temper tantrum cause you didn't get everything you wanted?
Dear Mr President,
It has been an honor to serve in your administration.
But now that the debt ceiling debate is complete and other assorted and sundry excuses are available for me to offer up, I'm offering my resignation so I can get the hell out of here before riots start.
You will be informed as to where to send my pension checks.
Your pal,
Turbotax Timmy Geithner
Czar of Catastrophe
Duke of Deficits
Master of Mortgages
Where is that damn plunge protection team?
Throwing up in the men's room.
O Pomo, Pomo, wherefore art thou Pomo?
The Harder They Come
We are so close to going over the edge.....
The crack addicts need to force their dealer for a reason to get them their fix.
Is more QE really going to make any difference at this point?
NO.
It made no difference last time around either. Except for giving us $4 a gallon gas.
Doesn't mean they won't try it.
It's going to take $2t+ from your working pockets and funnel it directly to the ultra-wealthy. What do you mean no difference?
Mann, this is ugly.
I sure hope O'robyomomma is watching this, saying "OH NOOOOOOOOOOO......"
I'm curious to know how the fucking clueless news outlets will spin this joke of a market tonight. All along leading up to the debt vote, countdown timer and all, they were spinning it to look as if the market was dropping because of the delay in the vote. Well... you got your vote, except all I see is red across the board. What a bunch of gaylord assholes.
Blame everyone..
http://www.cnbc.com//id/43991107
ding! ding! ding! ding!
I'm tired...! Paint the peaks orange...
this is not your momma's 500 point rally on the back of lifting the debt ceiling that we were told would happen by the all wise, all seeing, all knowing sage 'tard.
Turn those machines back on!
Ahhh..just like the good ole days. Perhaps this is how banks will make their cash until they shake Ben & Pres. O down for QE3..short the markets..get QE3 lined up and go long. That sounds like a plan until the moment that occurs WTI and metals explode because 2 QE programs were a complete failure for unemployment numbers, ISM and margin compression as commodities soared.
Sure cannot wait till hear Pres O during the debates explain how anything has changed structurally to prevent a worse rout than in 2008. Our debt will be downgraded and then the rules will be changed to allow for banks to hold AAA and "Govt Securities" which will by default be given a laughable AAA. So now the eye turns to the Euro who has only one option..print it up and home one of the sovereigns does not go rogue.
What a disaster. Housing is still collapsing even with 0% rates and held off inventory to prevent pricing pressures. Wanna launch QE Ben?? No problem..we will all load up on Gold and Silver leveraged ETFs.
Sounds about right, but NO ETFs for me, thanks!
Rape and pillage ...
11,870.78
-2.16%
2,669.24
-2.75%
1,254.18
-2.55%
It's 4 o'clock on Wall Street. Do you know where your money is?
gold bullion, silver bullion, gold miners, silver miners
Thanks for asking!
The appropriate question is, "Do you know WHAT your money is?"
+1000 :)
Vanished like the Cheshire cat.....Obama must be so proud of everything he has accomplished so far...(sarc on)
FED=CYN?
WTF!! Market are behaving in a rational fashion based on 3 trillion more debt and the stream of shitty economic news. Just when you think it's not possible, the market behaves in a predictable fashion reminiscent o the oldf free markets. Odd.
It's 'behaving rationally' because they want it to crash down. They need a justification to funnel that newly borrowed $2t into the TBTF banks.
+100
This guy ... this guy ... this is the guy (fawkes).
(Sorry, me & the barman just voted to raise my personal debt limit, since which time there's been a quantitative easing of my braincells such that none of them are worth a loogie of cold cat-spit.)
where is Costanza? Found this on Yahoo
Tue 3:30pm ET- Briefing.com
The flight to safety, amid concerns about the situation in Europe, the possibility of a double dip reception, and speculation of QE3, helped precious metals...
I like receptions. I'm actually always ready for receptions, double dip or otherwise.
We're right at short term support here....
WTF!! Market are behaving in a rational fashion based on 3 trillion more debt and the stream of shitty economic news. Just when you think it's not possible, the market behaves in a predictable fashion reminiscent of the old, free markets. Odd.
You can say that again!
WTF!! Market are behaving in a rational fashion based on 3 trillion more debt and the stream of shitty economic news. Just when you think it's not possible, the market behaves in a predictable fashion reminiscent of the old, free markets. Odd.
Heard ya the first time! (AND the 2nd time too!) :>D
Now we can listen to our legislators tell us what a great job they did saving the economy from Armageddon! Useless bunch of pukes...
SIL and COPX in oposite direction today and seperated nearly 6 points. Silver is money too.
Super Congress! Save Us!
damn...beat me to it...
"We've decided not to recommend any austerity cuts because the economy and market are doing so poorly. Instead we propose a new stimulus package. Too bad you won't be able to make any amendments to our plan..."
"Normally, I'm not a praying man, but if you're up there, please SAVE ME Superman!" -- Homer Simpson :>D
Really guys, how much do you think QE next will help. A short lived rally, sure, but for how long this time? We all know here that never in the history of this planet has a nation ever prospered by printing money. You can go all the way back to ancient Rome, just cannot happen. Does not mean they will not continue to try because what is the goal for our useless politicians, get re-elected. That is job 1. Not to late to start accumulating the traditional metal. Day shorting today worked great, but how do you hold shorts over night when you have a Mad man at the monetary helm. Tough.
The next and the one after as well as the follow on and the next one after that, and one more for the road and even another one after that will do just fine by me, and even a continuaiton for as long as they like, for today has been glorious. Fucking glorious.
TBTF's make their money via QE.
Global corporations make their money off-shoring US jobs.
Main street USA loses.
WoW this is historic! Missed the last one learned and oh my goodness!
They are only going to let it go down just enough to justly announce QE3.
Get ready to dust off those Dow 10,000 hats.
I stopped by my local firearms dealer during my lunch break today. I noticed their assault rifle inventory has been depleted.
my store to kon
Closed at the lows of the day too. Not a good sign.
The elites are getting desperate. Their NWO thingey has hit a big speed bump; the puppets in the WH and FED have not taken us to 2012 without the whole agenda unraveling, whether in the US or Europe. Their alternate Mormon puppet doesn't look like he could win. What to do? What to do? Look for falso flag attacks all over the place and worldwide martial law; the vampires will not "go gently into the night".
They just had a false flag in Norway.
That guy is legit KrAzY.
Not that he may have been put up to it (or let out on purpose) but that guy is LSD/PCP fuckin' nutz.
Yeah, C'mon - QE3! That's like putting screen doors on a submarine...
SHIT! They were sooooo worried about the Asian markets a couple of days ago.
I love watching rich people cry...
JPM:silver has gone negative again.
Suck on that, Blythe.
JPM:SLV = 1.00 exactly.
JPM:$silver= 0.98
Is Max Keiser grinning out there somewhere?
Gold-$2K
Gas-$6-$7
Silver-$75-$100
Dollar-TP for our bungholes!
All this by December, unless QE3 is announced, then much sooner-Merry Christmas Bitchez!
In 2008 when the DOW did about the same thing... I was crying my eyes out :)
Now the roles have changed!!
THX TYLER!!! IT'S ALL THANKS TO YOU THAT I'M ON THE WINNING SIDE NOW!
I don't know tyler's age. He is a smart dude. There is chance that he may become the chairman of the FED if he chose not to close it.
lets see if i am a bank with a market program that even an attorney general admits can be used to manipulate the market, what would I do to bring about another Qe as fast as I can?
after yesterdays market action that opened so high and finished so low it was clear there is somebody tanking the market. Ok up a couple days, then fall lower breaking the 200 moving day, but yesterdays actions we so extereme it should have raised a lot of eyebrows. I would have expected an up day, it didn't have to be nearly what it was at the open, up, then down. yesterday took the cake. But hey, there's no manipulation
I think Bernanke is shopping for ink right now.
He has got the money now so must be all happy again, must have been tough for him to see the politicians in DC not getting a deal and the market tanking the last couple of days.
Who ever is stuffing the market into flashing also caused a Hindenburg Omen signal for the 2nd day in a row.
Oh, the liquidity!
Oh the price discovery! And all the investors are screaming around here. I told you; it - I can't even talk to people, their funds are out there! Ah! It's... it.. it's a.... ah! I... I can't talk, ladies and gentlemen.
Oh, the inanity!
What is quote stuffing anyway?
Stock market technique whereby large trades are placed before being promptly cancelled
I need to upgrade my dial up so I can stuffs some quotes.
It is all about the fiats baby.
Monster Crash?
http://www.youtube.com/watch?v=28I0JK0byLU
FAZ+GOLD biotches.
Just sitting back counting my dimes today
If I smack em with my philosophers rock, ya think they all might turn into gold... Ya think
Wish I was in Washington. I'd pay to see the dumbfounded look on the politician's faces who thought they were doing the right thing by voting for a budget with no real cuts and a debt limit increase, only to find that the market says otherwise and thinks these guys are morons. Reid and Boehner and Obama are probably in a group hug right now crying their eyes out.
Great Developers Opportunity in NYCC++ Developer
Location: New York City
The Role
The successful candidate will join one of our product-oriented team specializing in analytics and display of financial data in such areas as equities, bonds, derivatives, foreign exchange, commodities, mortgage-backed securities, structured products, or law.
Each application team is an entrepreneurial unit handling the complete development life-cycle of its products. Team members work every phase of development from requirements and design to production roll-out and test. Development is incremental, iterative, and always on a short time fuse.
This is an opportunity to join a diverse, industry-knowledgeable, technically skilled group of software engineers who design highly visible products on the platform.
Knowledge of the world financial markets is a definite plus but not a requirement. Superb application development skills, a strong user-orientation, and creativity are requirements.
Qualifications
* 3- 5+ years hands-on C/C++ Development Experience on Unix (or equivalent expertise)
* Strong skills in User-Oriented Design
* Solid Understanding of Data Structures, Algorithms, and Object-Oriented design
* Working knowledge of Financial Markets a plus
* Practical Experience with Unit/ Regression Testing
* Practical experience with Version Control Systems
* Solid verbal and written Communication skills
George Carlin's words are truer today 4 years later. This guy was reading the future.
http://lonerangersilver.wordpress.com/2011/08/02/george-carlin-they-dont...
Lighting Products
Wholesale Magnifier
Wholesale Mp3
Wholesale iPod iPhone
Wholesale Earphone
Wholesale T-Shirts
Pet Supplies
Wholesale Hardware Tools
Wholesale Compass
Wholesale Pin
Promotional Items
Book Light
Wholesale Scale
Wholesale Pen
Wholesale Clothes Rack
Wholesale Jewelry
Eye Mask
Wholesale Playing Card
Wholesale Bag
Giveaway Material
Solar Products
Coin Bank
Wholesale Puzzle
Wholesale Stationery
Giveaway Material
Wholesale Sticker
Money Bank
Wholesale Helmet
Wholesale Mp3
Wholesale lable
Eye Mask
Wholesale Compass
Valentine Gifts
Wholesale Furniture
Lighting Products
Wholesale Bangle
Wholesale Halloween Gift
Wholesale Tie
Muslim Products
Wholesale Apron
Valentine Gifts
Promotional Gifts
Wholesale Binoculars
Business Gift
China Wholesale