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SNB Late To Appear (If At All), Hopium Rally In EURCHF Fizzles

Tyler Durden's picture


It is 17:03 in Zurich...and it appears that rumors of an SNB intervention have been once again greatly exaggerated. Either that or Hildebrand has pulled an Obama and is stuck in the sandtrap on the 18th. Immediate result: EURCHF down 40 pips on the lack of news, and will continue dropping to the 1.2250 level with every minute which confirms the SNB peg hike rumor was just that.


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Fri, 11/25/2011 - 12:10 | 1913009 GeneMarchbanks
GeneMarchbanks's picture

SNB please do some Euro buying so I don't have to.


Benny & the inkjets

Fri, 11/25/2011 - 12:10 | 1913014 GetZeeGold
GetZeeGold's picture



Looks like it's up to you. 

Fri, 11/25/2011 - 12:19 | 1913046 Hard1
Hard1's picture

Silicon-based equity traders also optimistic today.  All the carbon-based ones are digesting turkey.

Fri, 11/25/2011 - 12:21 | 1913050 bigdumbnugly
bigdumbnugly's picture

that's the trouble with rumors - u gotta know the source

it was an SNL rumor... SNL.

i can see where there would be confusion.

Fri, 11/25/2011 - 12:52 | 1913145 SheepDog-One
SheepDog-One's picture

Saturday Nite Live?

Sat, 11/26/2011 - 00:03 | 1914566 bigdumbnugly
bigdumbnugly's picture

lol, yep weekend update.


Fri, 11/25/2011 - 12:25 | 1913062 CPL
CPL's picture

I already called top at 10:29.

Otherwise no trades.


Fri, 11/25/2011 - 12:09 | 1913010 AngryGerman
AngryGerman's picture

ha-ha. fooled you!

Fri, 11/25/2011 - 12:15 | 1913028 transaccountin
transaccountin's picture

es magically levitating

Fri, 11/25/2011 - 12:16 | 1913032 No Mas
No Mas's picture

Nothing to do with the DOW rally.  Over here, we are waking up to the fact the world didn't end, crowds for Black Friday are beyond belief!

Hate to break it to the ZH Sheeple every day, but things really aren't so bad.  Currency pairs will be manipulated and traded but overall, markets and everything else will just drift higher over time.

Get out, meet some girls, have some fun!

Fri, 11/25/2011 - 12:33 | 1913078 donsluck
donsluck's picture

Besides PMs, what has drifted higher?

Fri, 11/25/2011 - 12:40 | 1913095 Cassandra Syndrome
Cassandra Syndrome's picture

Nothing like Valium to cure those post feast day hangovers.

Fri, 11/25/2011 - 12:43 | 1913105 kloot
kloot's picture

10 percent of the dudes bang 90 percent of the hot chicks. i would bet most zh'er fall in that 10 percent, and you may as well, but zh also has a few dumb asses, and you my friend fall in that category.

Fri, 11/25/2011 - 12:47 | 1913125 SheepDog-One
SheepDog-One's picture

NoMas on Tuesday nite said bulls on Wednesday would all be salughtered. 

Fri, 11/25/2011 - 12:49 | 1913132 SheepDog-One
SheepDog-One's picture

NoMas predicts markets will just continue to rise over time...ignoring markets right now are trading at 1990 levels, and thats WITH all-out Federal Reserve throwing money in fast as they can.

What an idiot.

Fri, 11/25/2011 - 13:09 | 1913208 Rusty_Shackleford
Rusty_Shackleford's picture

Ah yes. 


Conspicuous consumption of far more value than we produce is certain to provide everlasting prosperity.

What could go wrong?

Fri, 11/25/2011 - 14:12 | 1913412 Cassandra Syndrome
Cassandra Syndrome's picture

How's that rally faring out now?

Fri, 11/25/2011 - 12:17 | 1913038 pmcgoohan
pmcgoohan's picture

ES now ignoring huge falls in EURCHF and EURUSD.

How does it feel up there? Air a little thin? Sun a little hot on those wax wings?

Fri, 11/25/2011 - 12:20 | 1913048 lemosbrasil
lemosbrasil's picture

Now, TED INDEX is 50,29 ! running up faster 50 points ! and breaking a line that means a crash credit at the markets !

see here :

Fri, 11/25/2011 - 12:22 | 1913051 RobotTrader
RobotTrader's picture

5-min charts of ES, silver and EUR look exactly the same:  FAIL.

AUD, Gold and oil outperforming right now.

One group is going to be right, the other is going to be wrong.

Fri, 11/25/2011 - 12:29 | 1913071 Ahmeexnal
Ahmeexnal's picture

NFLX chart???

Fri, 11/25/2011 - 12:44 | 1913113 SheepDog-One
SheepDog-One's picture

5 minute charts? LULZ.

Gee, why the long term outlook all of a sudden RoboTarder?

Fri, 11/25/2011 - 12:26 | 1913065 getblue
getblue's picture

Bandes de chiffes molles !

Fri, 11/25/2011 - 12:26 | 1913066 getblue
getblue's picture

Bandes de chiffes molles !

Fri, 11/25/2011 - 12:34 | 1913080 sabra1
sabra1's picture

all rumoured melt-ups,  enable insiders to sell into the rally's! that's it and that's all folks!!!

Fri, 11/25/2011 - 12:42 | 1913101 SheepDog-One
SheepDog-One's picture

Pumpin and dumpin to each other now, thats all theyre left with. Lame!

Another Hopium rumor dashed, so sad.

Fri, 11/25/2011 - 12:36 | 1913086 I am Jobe
I am Jobe's picture

Check this out

Recent Innovations in Treasury Cash Management

 there’s no connection between money collected and money spent.

Fri, 11/25/2011 - 12:58 | 1913170 Rusty_Shackleford
Rusty_Shackleford's picture

"My God, the genius of that,..."

Fri, 11/25/2011 - 12:40 | 1913097 Mohan
Mohan's picture

Does anybody here think that Netflix will be trading in mid 40s in a short order? I am trying to find one good reason to buy that stock so that I won't go overboard and load-up on its puts.

Fri, 11/25/2011 - 12:43 | 1913102 IrritableBowels
IrritableBowels's picture

Free pepper spray at Wal-Marts across the country:

Los Angeles

North Carolina

Fri, 11/25/2011 - 12:45 | 1913118 SheepDog-One
SheepDog-One's picture

Dang! Im buyin some pepper spray stock, soon to be #1 commodity in america.

Sat, 11/26/2011 - 21:27 | 1916419 StychoKiller
StychoKiller's picture

Powdered Cayenne pepper would work just as well.

Fri, 11/25/2011 - 12:47 | 1913120 BlueStreet
BlueStreet's picture

AMZN down 3%, AAPL down 1%.  Going to be a blockbuster x-mas.  





Fri, 11/25/2011 - 12:47 | 1913127 TradingJoe
TradingJoe's picture

WHO ever gets caught short next week is toast!

Fri, 11/25/2011 - 12:51 | 1913142 SheepDog-One
SheepDog-One's picture

Whoever is retail in these markets, is an idiot.

Fri, 11/25/2011 - 13:13 | 1913151 SheepDog-One
SheepDog-One's picture

Gee what happened to the big rally today? Struggling to hold onto any green at all now. And it was all so fixed...'ECB goin to do sumpin'....'shorts about to get crushed' and all...


Fri, 11/25/2011 - 13:19 | 1913230 sabra1
sabra1's picture

as long as the insiders finish selling into the rallys, they're finished for the day! there's always tomorrow to start all over again!

Do NOT follow this link or you will be banned from the site!