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Update: Halt Extended.... Russian Main Sector Trading Halted

Submitted by Tyler Durden on 04/23/2012 11:08 -0400

Update: the PPT has not done its job just yet, which is why the Micex just announced it will extend the suspension for another 40 minutes. Since it may reopen at 7: 35 pm, perhaps Russia may just keep it closed until tomorrow?

....

Remember when Russia was the harbinger of global stock market halts and the best predictor of Rule 48s right here in the US? Here we go again (and via Interfax):

Loosely translated: trading the main sector of the Micex has been halteuntil 18:56 pm local time. We apologise for the inconvenience.

- advertisements -

Mon, 04/23/2012 - 10:18 | 2366655 SilverTree

Busy day; stay sharp.

Mon, 04/23/2012 - 10:19 | 2366664 maxmad

ruh roo! Its over!

Mon, 04/23/2012 - 10:20 | 2366671 SilverTree

It's not over until the fat lady sings.

Mon, 04/23/2012 - 10:21 | 2366676 GetZeeGold

Nyet!

Mon, 04/23/2012 - 10:22 | 2366681 jcia

How many languages does Tyler know? Geez.

Mon, 04/23/2012 - 10:25 | 2366695 SilverTree

I [Tyler] am fluent in over six million forms of communication, and can readily...

Mon, 04/23/2012 - 10:29 | 2366711 Pladizow

In Russia, market halts you!

Mon, 04/23/2012 - 10:32 | 2366726 pods

But can you speak Bocce?

Mon, 04/23/2012 - 10:37 | 2366757 francis_sawyer

??T = "Plunge Protection Team" (in Cyrillic)...

Mon, 04/23/2012 - 11:07 | 2366902 mick_richfield

I think that would be something like KPP :

komanda predokhraniya pogroziya or something like that.

really rolls off the tongue.

Mon, 04/23/2012 - 11:16 | 2366915 Debugas

not possible to write in cyrrilic letters here

Mon, 04/23/2012 - 11:32 | 2367029 mick_richfield

In Sovietski Soyuz, Cyrillic letters write you!

Tue, 04/24/2012 - 02:04 | 2369149 mkhs

Stellar Wind Jon Corzine gyrotron semtex Emile Autouri signals intelligence Julie Newmar Fort Meade thermobaric Hedy Lamarr terror bomb Farrah Fawcett anthrax Guantanamo shopping mall polonium Charles Nelson Reilly claymore mine Dirty Sanchez grenade launcher lutefisk IED assassinate Studebaker Hoch hijack Al Qaida Joyce DeWitt ricin SMERSH electromagnetic pulse Wink Martindale Hezbollah Federal Reserve CIA border Mossad Lady Gaga detonator Lemmiwinks Santorum calutron June Foray plutonium Juarez Bank for International Settlements Cayman Islands MANPADS nuclear trigger Cleveland Steamer crop duster Howard Cosell Forex Myrna Loy Fx Trading borax LMAX parrot and parakeet training tape International Monetary Fund carbuncle RPG clostridium Olde Frothingslosh ebola Joey Heatherton Dimona smuggle roachclip Butthole Surfers bongwater National Reconnaissance Office Don Rickles Backstreet Boys jimsonweed Edward G. Robinson steganography Lily Langtry Captain Beefheart 27B-6 Lee van Cleef kaopectate

Mon, 04/23/2012 - 10:55 | 2366847 Thamesford

CTDO?

Mon, 04/23/2012 - 11:55 | 2367133 Chaffinch

Nice one Silver Tree. Solid Gold!

Mon, 04/23/2012 - 10:28 | 2366703 El

Tyler doesn't have to know more than one, because Google knows all. (And I do mean ALL.)

Mon, 04/23/2012 - 10:51 | 2366834 chipshot

long on stolichnaya

Mon, 04/23/2012 - 11:38 | 2367067 pods

And Kalashnikov?

Mon, 04/23/2012 - 13:20 | 2367515 mikhail kalashnikov

You Rang?

Mon, 04/23/2012 - 10:48 | 2366826 prains

WODKA !!

Mon, 04/23/2012 - 13:15 | 2367486 RallyRoundTheFamily

Rolling in the deep

http://www.youtube.com/watch?v=rYEDA3JcQqw

Mon, 04/23/2012 - 10:29 | 2366714 Stoploss

All your equities are belong to us!!!

Mon, 04/23/2012 - 11:39 | 2367071 HarryM

If I had a dollar for every time I heard it's over , I'd be retired

Mon, 04/23/2012 - 11:48 | 2367110 j0nx

What's over? If you mean central banks by it and continue extend and pretend and to print and rape the middle class with high prices and low wages as over then yeah it's over.

Mon, 04/23/2012 - 12:13 | 2367202 trebuchet

Russians go for gold

Mon, 04/23/2012 - 10:23 | 2366678 hedgeless_horseman

Who is batting third for Export Land?

Argentina nationalizes YPF
Egypt stops exporting natural gas to Israel

Mon, 04/23/2012 - 10:25 | 2366696 kridkrid

When goods stop crossing borders...

Mon, 04/23/2012 - 10:35 | 2366742 Oh regional Indian

....things turn BAD!!!

ori

Mon, 04/23/2012 - 10:46 | 2366776 hedgeless_horseman

I forgot...

Iran stops oil exports to Greece, Germany, Spain, etc.

This is getting good!

Due up next, in the top of the eighth...

Israel
USA*
England (sub-in for Spain)

*USA bats second in EVERY inning

Mon, 04/23/2012 - 11:17 | 2366938 Debugas

actually iran has told that the rumors are false and exports to Greece, Germany, Spain do continue

Mon, 04/23/2012 - 10:42 | 2366786 jus_lite_reading

It smells like WWIII is knocking on the door...

The mantra that "the markets can stay irrational longer than you (retail sucker) can stay solvent has been broken...

The retail sucker refused to play longer than they anticipated...

GAME OVER

NOW the shit can hit the fan because they have nothing to lose

Mon, 04/23/2012 - 10:43 | 2366793 kridkrid

I was looking for "troops do", but I can accept "things turn BAD!!!". This war has never really ended. People talk about the coming WWIII, but I suspect history will pick a starting date that has already passed. History is, of course, written by the winners, so an exact date is still to be decided.

Mon, 04/23/2012 - 11:35 | 2367049 Nobody For President

What an optimist! You think there is going to be a winner of WWIII...

Good luck with that.

Mon, 04/23/2012 - 10:48 | 2366809 BorisTheBlade

... things turn MAD!!!

Who needs armies to cross the borders when a couple of ICBMs can cross them in no time.

Mon, 04/23/2012 - 11:46 | 2367100 Mesquite

Fall-out know's no borders...

Mon, 04/23/2012 - 10:51 | 2366789 ihedgemyhedges

Long vodka (and none of that Grey Goose crap). Russian only.........the real thing. Rodnik...............

Mon, 04/23/2012 - 10:57 | 2366853 FubarNation

Actually Polacks first developed Vodka. The Pols actually make the best Vodka.

Mon, 04/23/2012 - 11:16 | 2366931 WhyDoesItHurtWh...

Long Poles .................. and their Vodka!

Mon, 04/23/2012 - 11:29 | 2367020 theMAXILOPEZpsycho

Vodka is vodka - tho yes I have had honey vodka with some polish pals...

Single malt Whiskey or Congnac are what the discerning gentleman drinks

Mon, 04/23/2012 - 11:54 | 2367129 ihedgemyhedges

But the Pols didn't halt their market, and Russia perfected vodka...............

Mon, 04/23/2012 - 10:19 | 2366658 Capitalist

From 18:56 pm, ALL YOUR STOCKS ARE BELONG TO US!

Mon, 04/23/2012 - 10:19 | 2366666 SilverTree

"I jump in it"

Mon, 04/23/2012 - 10:22 | 2366680 Seize Mars

Awesome. Opulence, I has it.

Mon, 04/23/2012 - 10:26 | 2366698 GetZeeGold

Vee vill transmit information to Vladimir.

Mon, 04/23/2012 - 10:41 | 2366788 Oh regional Indian

Putin put in the boot in hoot in toot in

Stroking Tigers

Kissing Boy Bellies

GRU Chibiz!

Perhaps Gerogh Sorrows is smacking his leeps, shaking gnarly hands with Ignobellycose Kissmysassinger?...

While all eyes are on stocks, what are currencies doing? Zat iz where it's at. Something is going to tumble, the ROuble again? Holy shit, repeat? No way.

Europe, NAtural Gas, Warm spring, Piers Corbyn predicts a MAy from Hell for Europe (Freezing).....

Something is definitely UP!

ori

/socfo-r-u-cultural/

Mon, 04/23/2012 - 10:57 | 2366856 Thamesford

Putin had more "flexibility" after the election...

Mon, 04/23/2012 - 10:19 | 2366662 Peter Pan

Too bad they can't also halt money printing, wars, bankers bonuses, 'bullshit politicians, the production of crappy food etc etc etc.

Mon, 04/23/2012 - 10:20 | 2366668 Spitzer

They got Julian Assange hired at RT.

Him and Max Kieser... Gotta give them credit

Mon, 04/23/2012 - 10:33 | 2366730 BlueCollaredOne

Dont forget Lauren Lyster and Alyona as well. All those show's do there best to point out corruption, blatant criminality, the hypocritical nature of politicians etc.

Makes me wonder if the psychopaths in the KGB are trying to keep our nations pyschopaths in the CIA busy by having to deal with us pesky truth seekers.

Mon, 04/23/2012 - 10:37 | 2366759 kridkrid

Ironic, no? The truth is coming from Russia, but not for the sake of the truth, most likely... though I will take what I can get. The same could be said for Al Jazeera.

Mon, 04/23/2012 - 10:57 | 2366858 nonclaim

Only the "truth" that helps their cause...

Mon, 04/23/2012 - 11:13 | 2366916 GeneMarchbanks

'zactly. They learn from the best.

Mon, 04/23/2012 - 10:39 | 2366771 WonderDawg

Lauren Lyster... yummy. I'd crawl a mile of broken glass to drink from her bathwater.

Mon, 04/23/2012 - 10:41 | 2366787 BlueCollaredOne

But would you eat the corn from her shit?

If I get junked for this, I have no apologies. I just felt like quoting the Diceman

Mon, 04/23/2012 - 11:52 | 2367116 Almost Solvent

I upped you because of a great story from my college days: Guy I knew was banging this girl up the poopchute and out on his pecker comes a half chewed piece of corn.

Had this happened today instead of 1996, I have no doubt a picture would have ended up online for all to enjoy. All I have is a wonderful mental image from his story.

Mon, 04/23/2012 - 11:19 | 2366946 WhyDoesItHurtWh...

its douche water, not bathwater.

Mon, 04/23/2012 - 11:51 | 2367119 pods

There are no rules when it comes to freaks. To each his (or her) own.

Mon, 04/23/2012 - 13:00 | 2367404 WonderDawg

Douche water, bath water, now you're just splitting hairs. Speaking of which, I'm gonna guess she's clean shaven. Drool...

Mon, 04/23/2012 - 10:21 | 2366673 Miss anthrope

WHAT HAPPENED

Mon, 04/23/2012 - 10:21 | 2366674 Benedict Farse

I'm Putin my money in gold!

Here all week. Try the steak, tip the waitress.

Mon, 04/23/2012 - 10:21 | 2366675 TideFighter

The Bottom, "I haz it!"

Mon, 04/23/2012 - 11:59 | 2367148 j0nx

More like: the bottom, you are itz.

Mon, 04/23/2012 - 10:24 | 2366689 SheepDog-One

Cyber attacks going on in Iran today, probably all over the world too. Hafen im Persischen Golf: Iran bestätigt Cyber-Attacke auf seine Ölindustrie - SPIEGEL ONLINE

Mon, 04/23/2012 - 10:42 | 2366792 Rubicon

UK DT went down!! Spooky!

Mon, 04/23/2012 - 10:44 | 2366797 Oh regional Indian

Perhaps we all need a toke

of the BeSpoke

Gunter Grass?

ori

Mon, 04/23/2012 - 10:24 | 2366690 kindape

????????? !!

Mon, 04/23/2012 - 10:26 | 2366691 jus_lite_reading

That was fast!! Now how many of the few retail suckers still left want to keep their "money" in stocks?

EXACTLY as I predict, the music will stop very soon... there will be a run on banks starting in the EU... Money markets will be at .80..GOLD WILL SKYROCKET!! GET PHYSICAL NOW!!! THIS IS NOT A DRILL!!!

NOBODY KNOWS THE DAY BUT YOU CAN PREPARE WHILE TIMES ARE STILL GOOD!!

Mon, 04/23/2012 - 10:31 | 2366722 SheepDog-One

I love how retail never did come rushing in to buy the fake money bubble top off their hands! This has all been for NOTHING!

Mon, 04/23/2012 - 10:35 | 2366744 jus_lite_reading

SD-1 This is the first time in modern history when the retail sucker refused to play and finally got wise to the game...

This signals TPTB are not happy!! We could see a false flag or WWIII flare up... Once the retail sucker stopped playing... it was already game over! GET PHYSICAL GOLD AND SILVER NOW!!

Mon, 04/23/2012 - 10:40 | 2366774 Quinvarius

It is funny as Hell to hear Wall Street baloney about "retail suckers"--The retail suckers who loaded up under DOW 7k and unloaded over DOW 13k. LOL. Wall Street cannot win unless they rig the game or commit fraud.

Mon, 04/23/2012 - 11:00 | 2366868 DCFusor

Yup, you can paint me like that - trading's been great, maybe in part because I learned how in a situation where I knew I couldn't manipulate the markets. Those poor "masters of the universe" were born on third but think they hit a triple. Candy from babies.... The rest? Maybe they spent that "money on the sidelines" on food...

Mon, 04/23/2012 - 11:06 | 2366899 jus_lite_reading

The term "retail suckers" denotes the mom and pops who have limited investing knowledge and listen to CNBS and Jim Cramer for advice while playing with retirement/college money and usually end up losing a bunch...

We who trade are a rare bird...

Mon, 04/23/2012 - 11:43 | 2367089 Nobody For President

Yeah, maybe. But I trade, and still have plenty of days where I feel like a 'retail sucker' at the end of the day. Just a few more days than not when I do reasonably well, but the market can humble the shit out of you - rare bird or not - until a certain amount of humility creeps in.

(Still feels good when you kick ass, though.)

Mon, 04/23/2012 - 12:05 | 2367166 j0nx

Retail suckers now are 401k and pension fund joes whose company handles everything for them. I told my pregnant fiance who is quitting her job when the baby is born that we are cashing out her 401k now after she told me she was invested in one. I'd rather lose 40% of it now while it's at the top than 100%+ on it later. 401k is for suckers.

Mon, 04/23/2012 - 12:28 | 2367253 Silver Dreamer

I'm not going to pass up the employer match. My share of it goes into a money market account, and their share gets put into large stock and global funds.

Mon, 04/23/2012 - 13:02 | 2367414 jus_lite_reading

>>"I'm not going to pass up the employer match."<<

You really think this system will last long enough for you to benefit? Hey, I have some perpetual bonds to sell you. They mature in 100 years... want in now?

Mon, 04/23/2012 - 10:34 | 2366736 resurger

BTFT

Mon, 04/23/2012 - 10:25 | 2366692 lolmao500

Remember when Russia was the harbinger of global stock market halts and the best predictor of Rule 48s right here in the US?

Well I remember when the Russian stock market collapsed following the August 2008 Georgia-Russia war... just before the US crash...

Mon, 04/23/2012 - 11:45 | 2367096 Nobody For President

And the great collapse of the Russian bond market and fall of LTCM drama...

Mon, 04/23/2012 - 10:25 | 2366697 francis_sawyer

Nyet! NYET!

Mon, 04/23/2012 - 10:28 | 2366704 LawsofPhysics

Piva pashalosta!

Mon, 04/23/2012 - 10:33 | 2366699 SheepDog-One

Im sure it all has to do with 'making way' for 'QEv3.1NEW' and all that. Yea, sure.

Mon, 04/23/2012 - 10:30 | 2366716 resurger

Kharaaaaaaaaaashoooooooooooooooooooooooooo!

Mon, 04/23/2012 - 10:30 | 2366717 Arnold Ziffel

German manufacturing shrinks at fastest pace since 2009: PMI

http://finance.yahoo.com/news/german-manufacturing-shrinks-fastest-pace-...

Mon, 04/23/2012 - 10:33 | 2366732 pods

Not shrinking, just expanding at a negative rate.

pods

Mon, 04/23/2012 - 10:36 | 2366749 Vince Clortho

Expanding at a negative rate ...

Bullish.

Mon, 04/23/2012 - 10:37 | 2366756 jus_lite_reading

Don't worry, Mitt Romney... ooops I mean Obama is monitoring the situation in the situation room and Apple will fix everything...

Mon, 04/23/2012 - 10:39 | 2366769 azzhatter

but.......but... we will have a mini ipad

Mon, 04/23/2012 - 10:50 | 2366831 sagerxx

"Performing a retrograde maneuver."

Mon, 04/23/2012 - 10:31 | 2366723 ZackAttack

In former Soviet Union, market halt YOU!

Mon, 04/23/2012 - 10:32 | 2366725 sasebo

As they say in south Russia --- tough shinsky you all.

Mon, 04/23/2012 - 10:35 | 2366740 fonzannoon

Listening to the Peter Schiff radio show right now. Reggie Middleton is his guest. It's free I think when it is live. schiffradio.com

Mon, 04/23/2012 - 12:07 | 2367173 j0nx

Is it me or is it impossible to take anyone named Reggie seriously.

Mon, 04/23/2012 - 10:35 | 2366741 alexwest

good translation...

alx

Mon, 04/23/2012 - 10:35 | 2366747 firstdivision

It's nearly 10:45 AM EDT on a down day. Do you know what Brian Sack is buying to levitate the markets?

Mon, 04/23/2012 - 11:21 | 2366953 maxmad

vodka and antacids!

Mon, 04/23/2012 - 10:36 | 2366751 Razgriz

I tried reading over the comments to see if I could find an answer to this, but failed. So if anyone could by chance give the "Markets for Absolute Idiots" edition, what does this mean?

Mon, 04/23/2012 - 10:41 | 2366780 carbonmutant

French Elections...

Mon, 04/23/2012 - 10:38 | 2366762 semperfi

BULLISH !!! BUY-BUY-BUY !!!

Mon, 04/23/2012 - 10:40 | 2366778 azzhatter

that's it I can't figure it out, I'm calling Cramer

Mon, 04/23/2012 - 10:41 | 2366783 midgetrannyporn

Don't worry, Jamie can always sell his russia stocks to the fed aka usa taxpayer stooges.

Mon, 04/23/2012 - 10:50 | 2366829 Zymurguy

"I don't speak Russian, mate."

"Sorry, guns make me nervous."

(name the movie, win a prize!)

Mon, 04/23/2012 - 11:14 | 2366920 earnyermoney

I'm guessing, Mission Impossible

Mon, 04/23/2012 - 11:21 | 2366956 BlueCollaredOne

Im guessing crocodile dundee?

Mon, 04/23/2012 - 11:23 | 2366979 WhyDoesItHurtWh...

"Snatch"

Mon, 04/23/2012 - 11:36 | 2367052 TarzanNe1

Spy's R' us

Mon, 04/23/2012 - 11:44 | 2367094 pods

The Saint.

Mon, 04/23/2012 - 13:09 | 2367458 Likstane

Gone with the wind-russian remake.

Mon, 04/23/2012 - 11:02 | 2366876 urbanelf

In Soviet Russia market halt you!

Mon, 04/23/2012 - 11:12 | 2366912 monopoly

What an amazing site we have here. Here we post the Truth.

Mon, 04/23/2012 - 11:25 | 2366995 YesWeKahn

Russians are rushing to the rough exit.

Mon, 04/23/2012 - 11:34 | 2367039 Arnold Ziffel

"Nyet?"

Pleeeeasssse speak english...i went to public schools and don't speak foreign languages.....

lol.

Mon, 04/23/2012 - 12:17 | 2367221 Thomas Jefferson

I went to public schools as well. My mother thinks Im retarded.

Mon, 04/23/2012 - 11:45 | 2367095 arnaud263

here is the direct english link on their website

http://rts.micex.ru/n605/?nt=201

Mon, 04/23/2012 - 11:50 | 2367118 Nobody For President

A greenie for the link!

All this is very amusing, but it begs the question of WHY has Micex halted trading? i.e., WTF is going on?

I have not seen any serious, specific clues in any of the comments here. If it is a runaway crash, what was the trigger? Or an HFT hack or technical glitch or ?

Anybody?

Mon, 04/23/2012 - 12:21 | 2367231 Thomas Jefferson

Russia is going to cut off the Eurozone from natural gas if they make a move on Iran. Better buy extra blankets fellas. And toothpaste for you Brits.

Mon, 04/23/2012 - 12:32 | 2367272 tempo

Like "Meta" elbowing Harden to the floor. The elite make the rules and they decide who gets the elbow to back of the head.

Mon, 04/23/2012 - 12:36 | 2367283 grapeape

shoodnt yous be out making big trouuble ford moose and squirrel

Update: Halt Extended.... Russian Main Sector Trading Halted

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