RANsquawk Market Wrap Up - Stocks, Bonds, FX etc. – 09/08/11

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gangland's picture

It's a complicated case...Lotta ins, lotta outs, lotta what have yous. Fortunately I've been adhering to a pretty strict, uh, drug regimen to keep my mind, you know, limber.It increases the chances of conception.

SheepDog-One's picture

I just got my delivery of stupid pills...they should help me 'get' whats going on much better.

oobrien's picture

I really don't understand ANY of this shit.

The FED Chairman acknowledges recession.

Yet the market spikes 400 points.

On top of that, yields go down and gold goes up.

Perhaps I'm having an LSD flashback.

What the fuck do I know?


Grand Supercycle's picture

Equity counter trend short covering rally begins from very oversold levels.



RobotTrader's picture

Some NYSE trivia:

First time in NYSE history that we had 4 consecutive days of -1400 TICK readings:


And the sentiment indictors pretty much got slammed as low as they could possibly go:




disabledvet's picture

take a look at this shot of a guy being interviewed after this day in NYSE history: http://www.youtube.com/watch?v=DBzWHudBoiA&feature=player_detailpage I must say i didn't see the singing coming.

Apparently he's the "go to guy" on the floor on days like this.

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