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The elevator also goes down folks.
The sting of the scorpion, just as you think you got away, gotcha.
Very interesting astro-links this year. What with Troy Davis on September 21st and all.
Borad sell off, probably followed by a narrow, shiney recovery.
Boycott the jew! In all forms.
The down elevator is express only.
THE PEOPLE DEMAND THE DEER.
BRING ON THE DEER!
what is the equivalent Bove level when the Deer re-appears? I'm trying to calibrate.
Hey Lois, why is Bove never around when the deer shows up?
Yep, looking like a herd event.
Somebody should’ve written a book about the ‘deer in headlights’ event instead of the black swan.
Europe Is Fixed!™
This Plan Will Work!™
My morning chuckle...Thanks
Don't panic. 'Investors' will come charging back shortly based on some hugely positive (and quickly rejected) rumour and stocks will soar into the close.
FYI we hit the 50% retracement of that entire magical run up in October.
Down in the morn, up in the noon. Same shit, day after day after day. Can't wait till Ben asks "whats this red button do?"
BUY THE FUCKING DIP .... Bitchez!!
I'll buy the dip in a couple of years when it's finished dipping.
Avast me Matey's! Grapple 'n board that Gold 'n Silver loot ship!
Thar givin' away t' stores today!
Take all ye can afore th' Chinese get it all! Arrrrr!
Arrrrrrgh! Me matey's. Tis be tha familiar graph of the shiny coins on sale I tell ye. Get 'em while it be fresh yar land lubbers!
we will close in minor minus today. I would say -100 to 130
How'd that work out for ya? Dow off 248!
Wtf is up with the spike in the Euro?
good question m8
It doesn't look like it will follow through. Some EU bank forced to repatriate?
People repatriating capital.
Not much of a rally in the u.s. 30yr given the carnage in equities.
Criminal syndicate Wall Street bankers excecuted a program: Shank the US dollar, but [to cover] Eurodollar, Shank long dated US T bills....sound and fury signifying nothing.
Entry point on AGQ is close...really close. Should get a nice low volume drift now down beneath the LOD, perhaps all the way down close to $51...where I'd be a taker.
Agree with the sentiment Cdad on the silver but I wouldn't bet on silver going up when JPM just moved an immense amount of silver into its registered category. I cannot help but think they may be lining up the big guns to break silver below 30 if they can. They didn't take all that silver without being in emergency mode. Liquidation first, and if that is stopped then light volume for manipulation. First Notice on 30th of Nov. If I was them I'd use this slide to break the silver markets back before I was on the hook for massive Dec deliveries. On the other hand it might finally break, but if it does it will be becuase the banks have lost control, and I don't think they have ... yet.
Gold and Silver down big too.....Options expiry tomorrow but that should be trown out the window with what is going on in the EU and our Super duper dumb committee
As the shite continues to roll downhill, and it will.
Be prepared with lots of dry powder,because we will get the chance at 1000-1200 again shortly.Maybe even less.
Virtually no one will be willing to sell physical if the paper price goes down that low. Plus we'll see premiums explode, just as we have the last couple pullbacks. If paper goes below ~1350 with an imploding Euro it will (finally) be the decoupling event.
There comes a day when all the previous assumptions, about bailouts for everyone, everywhere and forever, come crumbling down. And all the positions based on that assumption have nothing but air underneath
And there you have it, folks. In two sentences, Caviar Emptor has summed it up.
Hold your ground! Hold your ground!
Dick Bove said buy bank stocks with both hands.
Buy banks stocks foot over head.
BUY banks stocks with head in ass...there, fixed it for ya.
Was going to post that but figured i'd be polite, lol.
Eh. politeness is overrated. As is spelling and grammar.
What's wrong with my grammar? She was doing ok just yesteday.
Meltdown Monday, currently at bat.
Turnaround Tuesday, you're on deck!
Tyler, why would Gold be down given all that is happening?
Chinese raising margin requirements which was actually announced last week. Bears are just raiding and will probably continue to do so through expiration.
It's madness though. Gold should be going up.
There´s years of backing and filling left in gold.
Until we start making margin calls in gold, gold will be panic sold to get confetti to keep the players in the game.
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