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Summarizing Draghi's Epic Dud

Tyler Durden's picture




 

No commentary necessary.

h/t @Insidegame

 

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Thu, 08/02/2012 - 09:37 | 2671880 Mongo
Mongo's picture

Draghi is so full of shit

Thu, 08/02/2012 - 09:44 | 2671916 bdc63
bdc63's picture

it's official ... Elmer Fudd is in charge of fixing Europe ... "just let me get that silwy wrabbit first and then I'll be wite on it" ...

Thu, 08/02/2012 - 09:44 | 2671929 flacon
flacon's picture

VIX is down.... WTF!

Thu, 08/02/2012 - 09:57 | 2671995 Thomas
Thomas's picture

Blew a snot bubble on that video.

Thu, 08/02/2012 - 10:00 | 2672009 saturn
saturn's picture

Who's your duddy?

Thu, 08/02/2012 - 10:11 | 2672061 The Monkey
The Monkey's picture

Shorts that bought early this AM getting taken out to the woodshed!

Thu, 08/02/2012 - 10:22 | 2672080 derek_vineyard
derek_vineyard's picture

that video is an epic ---  i see myself in that situation sometimes, just sent it off to my friends

Thu, 08/02/2012 - 11:18 | 2672352 SDShack
SDShack's picture

The only way that video could have been any better is if the missle had actually gone backwards out of the tube. Kind of like the French Army in just about every major war in the 20th century.

Thu, 08/02/2012 - 11:56 | 2672509 northman
northman's picture

There's an old story floating around the Canadian army that an officer in Afghanistan once took an M-72, which is a shoulder mounted recoiless rifle, put it up to his shoulder backwards, and fired it off. He was known from then on as Capt W-27. Pretty sure he left the army after that.

Thu, 08/02/2012 - 09:57 | 2671996 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

We only get snapshots of the Fed's and ECB's balance sheets.  We can only assume what size the are on a dialy basis.  We don't know how much they lend day to day, or what the collateral is, so there are many things they can do to maintain the status quo.

There are also such groups as the President's Working Group, which is headed by Geithner and Bernanke, that include Hedge Fund managers, that place bets using Treasurie monie and Fed monie to do things like bring the VIX down on days after the Fed and ECB said they see a slow recovery and have tools waiting if needed.

It is all jawboning, and while all of you focus on the words, the system continues to rape muppets and pillage the middle class of their hours spend working on the corporate farm.

We have one chance to take back our rights and that is by taking control of the money supply.  Money for thousands of years was gold and silver but that changed by the decree of the banking class under FDR and then again under Nixon.  And by the way, all Central Banks still hold gold as a reserve, so even though you may not think gold is money because that is what you have been told, they do think gold is money and prove it by using it as such.

So take back your right to sound money.  End the manipulation of the fiat system.

BUY SILVER

Thu, 08/02/2012 - 11:05 | 2672280 This just in
This just in's picture

BUY SILVER GOLD

 

Fixed it for ya.


Thu, 08/02/2012 - 10:07 | 2672045 Panafrican Funk...
Panafrican Funktron Robot's picture

SPY puts > VIX.  Always, everytime.

Thu, 08/02/2012 - 09:44 | 2671932 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

WHO FUCKING CARES?!  WHY WOULD ANYONE CARE WHAT THEY SAY ANYWAY?!  THEY ARE LIEING THIEVING BANKERS!

Thu, 08/02/2012 - 09:50 | 2671962 flacon
flacon's picture

You must be Amish.

Thu, 08/02/2012 - 09:55 | 2671984 EvlTheCat
EvlTheCat's picture

LOL

Thu, 08/02/2012 - 10:32 | 2672156 Elmer Fudd
Elmer Fudd's picture

hey vcd63, fuck you, I could fix Europe better than any Goldmanite.

Thu, 08/02/2012 - 10:38 | 2672185 MsCreant
MsCreant's picture

So you are not a Fudd Dudd?

Thu, 08/02/2012 - 10:01 | 2672012 Stoploss
Stoploss's picture

LOL!! In a sea of red, the fucking vix is red too..

Thu, 08/02/2012 - 10:30 | 2672141 Divided States ...
Divided States of America's picture

Not anymore, the Red Sea is being over-run by an army of green algae, now its turning into a swampy quagmire. No wonder the VIX was red even as the markets tanked. Pure manipulation.

Thu, 08/02/2012 - 11:12 | 2672331 Bucket Boy
Bucket Boy's picture

VIX futures spiked momentarily at the open until they got the memo. What a joke!

Thu, 08/02/2012 - 09:39 | 2671885 digitlman
digitlman's picture

Way to crib from Market-Ticker.org.

 

http://www.market-ticker.org/akcs-www?post=209570

 

edit:  at least give Karl credit - he had this posted like an hour ago.

Thu, 08/02/2012 - 09:41 | 2671908 bank guy in Brussels
bank guy in Brussels's picture

Karl used to borrow a lot from ZH without saying anything

Tho this is the 3rd time recently I've noticed ZH borrowing from Karl Denninger

Guess they are borrowing buddies now

Thu, 08/02/2012 - 09:44 | 2671934 GetZeeGold
GetZeeGold's picture

 

 

Karl is over at my place every-other day wanting to borrow some gold.....it's starting to get a little annoying.

 

Thu, 08/02/2012 - 09:54 | 2671981 RationalPrepper
RationalPrepper's picture

It's just fascinating to me how some (Karl Denninger, Nicole Foss, etc.) can recognize the same problem as others (e.g., Kyle Bass, Peter Schiff, Marc Faber, Jim Rogers, etc.), but the two camps see completely different outcomes.  I know nothing...but it seems to me that the deflationists actually think that eventually the gov't and central banks will act in a sane manner, while the other camp thinks they'd rather be Zimbabwe than have deflation.  Perhaps the truth is in between, but I don't think it's in the middle.  I'm erring on the side of insanity.

 

Thu, 08/02/2012 - 09:43 | 2671925 Tyler Durden
Tyler Durden's picture

Actually, Zero Hedge gave full credit where this came from at 7:45 am, or about an hour before it appeared on some other site we haven't visited in about two years  (which incidentally gave zero credit where it pulled it from).

Thu, 08/02/2012 - 09:49 | 2671941 GetZeeGold
GetZeeGold's picture

 

 

Well.......at least it shoots.

 

We'll work on distance next.

 

Thu, 08/02/2012 - 09:52 | 2671971 rosiescenario
rosiescenario's picture

....that was the short range model....when you take on a tank mana a mano...

 

 

Thu, 08/02/2012 - 09:58 | 2672004 Jethro
Jethro's picture

May as well adopt the old Soviet anti-tank dog at that point.....

Thu, 08/02/2012 - 10:18 | 2672088 Patriot Eke
Patriot Eke's picture

It's a French weapon, no? I expected the missile to come out the back instead.

Thu, 08/02/2012 - 13:40 | 2673044 pd45
pd45's picture

Used French military riflles have always commanded premium. "Never used, dropped once"

 

 

Thu, 08/02/2012 - 10:05 | 2672033 RationalPrepper
RationalPrepper's picture

That weapon has clearly worked.  Much like QE1, QE2, OT, TARP, TALF, HAMP, shovel-ready stimulus, etc., etc.. 

Thu, 08/02/2012 - 10:13 | 2672070 Dr. Richard Head
Dr. Richard Head's picture

In soviet Amerika, weapons shoots you.

Thu, 08/02/2012 - 10:37 | 2672181 GetZeeGold
GetZeeGold's picture

 

 

Heh heh.....never gets old.

 

Thu, 08/02/2012 - 11:18 | 2672350 NotApplicable
NotApplicable's picture

Exactly. One can see just how that launch instantly stirred-up everyone within range.

As always, it's not the action, but the reaction that counts.

Activation energy, FTMFW!

Thu, 08/02/2012 - 10:23 | 2672110 Tijuana Donkey Show
Tijuana Donkey Show's picture

It's a facial rocket....... 

Thu, 08/02/2012 - 09:57 | 2671999 Jethro
Jethro's picture

Looks like CADPAT, so probably French Canadian Infantry.  I used to be a Dragon gunner many years ago.  This is indeed an "Oh Shit!" moment.  I laughed anyways....

Thu, 08/02/2012 - 10:06 | 2672037 Agent P
Agent P's picture

They're doing it wrong!  Everyone knows the proper way to operate any French military equipment is to lay it on the ground and stand behind it with both hands extended high into the air.

Thu, 08/02/2012 - 10:14 | 2672072 Dr. Richard Head
Dr. Richard Head's picture

Ohhhh, like the French did in financing the American Revolution?  Oh wait......

Thu, 08/02/2012 - 10:33 | 2672160 Long-John-Silver
Long-John-Silver's picture

Everyone including a large number of Colonists expected the British to win as they always had. This required that they be supported by the French.

Thu, 08/02/2012 - 12:14 | 2672586 A Nanny Moose
A Nanny Moose's picture

Hey, if it weren't for the French during the revolution, we'd still be speaking....English?

Thu, 08/02/2012 - 14:38 | 2673332 Joe A
Joe A's picture

The French and the Dutch poured what nowadays can be considered the equivalent of billions of dollars into the American Revolution. Of course, if they had known back then what it would accomplish for the future, they would have given it to the British.

Thu, 08/02/2012 - 10:30 | 2672142 Rick64
Rick64's picture

Thanks for the laugh.

Thu, 08/02/2012 - 13:52 | 2673108 pd45
pd45's picture

Is it any wonder the most respected French combat unit is called the Foreign Legion?

Thu, 08/02/2012 - 10:06 | 2672038 Agent P
Agent P's picture

dup

Thu, 08/02/2012 - 10:03 | 2672025 Miss Expectations
Miss Expectations's picture

One look at Karl's hair should give anyone pause.

Thu, 08/02/2012 - 10:40 | 2672176 Nobody For President
Nobody For President's picture

Well, it IS a natural, I thought of that French army video about 5 seconds after I read the Draghi summary on BI - it has been around awhile.

Now we know what a soap opera written for the Three Stooges would sound like.

Soon, a Summit to finalize the plans will be announced! (After all the *cough* leaders get back from holiday.)

Thu, 08/02/2012 - 09:38 | 2671892 RationalPrepper
RationalPrepper's picture

More shared content with TickerGuy, yet worlds apart on the ultimate outcome (inflation/deflation).

Thu, 08/02/2012 - 09:39 | 2671897 jmcadg
jmcadg's picture

Epic, I need to clean my laptop now.

It was like someone dropping a turd.

Thu, 08/02/2012 - 10:15 | 2672078 Dr. Richard Head
Dr. Richard Head's picture

QE Duece.  Dropping a QE?  Who QE'd in here?  I just QE'd me pants. 

Thu, 08/02/2012 - 09:39 | 2671900 Enkidu78
Enkidu78's picture

Its a joke, I mean it would have been so much better if the ECB printed loads of money to monitise the debt of countries that over spend like the UK and the USA do.

Thu, 08/02/2012 - 09:39 | 2671902 Buzzworthy
Buzzworthy's picture

That the MSM believes Draghi could do anything without the approval of Germany is the real joke here.  Even today they are STILL spinning the story as "ECB vows to work with governments to buy bonds."  Seriously? 

Thu, 08/02/2012 - 09:53 | 2671974 pods
pods's picture

How can you be surprised?  Crazy people do the darndest things.

Like type "All work and no play makes Jack a dull boy" 50,000 times.  

:)

pods

Thu, 08/02/2012 - 10:02 | 2672019 fuu
fuu's picture

Every few lines were, "All work and no play makes Jack adult boy."

The movie is all about gold.

Thu, 08/02/2012 - 10:23 | 2672113 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

The movie is all about gold.

...and redrum.

And the deewdoog.

And the lulz. Don't forget the lulz.

Thu, 08/02/2012 - 10:32 | 2672155 fuu
fuu's picture

What's a zlul?

Thu, 08/02/2012 - 09:40 | 2671904 Savyindallas
Savyindallas's picture

No comment?  He belongs in jail. How much do you thing Goldman made off this slimebag criminals's pump? To bad we don't have an SEC, FBI or DOJ that will prosecute the banksters who have taken over this country and all of the West. It's like the mafia won  -but the new mafia dons-the gangsters -aren't catholic.

Thu, 08/02/2012 - 10:03 | 2672026 i-dog
i-dog's picture

 

"but the new mafia dons - the gangsters - aren't catholic"

Oh, yes, they are. And also cryptos.

Thu, 08/02/2012 - 09:40 | 2671905 LawsofPhysics
LawsofPhysics's picture

Speaking of duds, about those earnings from GM...

beating expectations, all the way down...

Thu, 08/02/2012 - 09:45 | 2671937 azzhatter
azzhatter's picture

set the bar on the floor and even a pygmy can jump over it

Thu, 08/02/2012 - 09:52 | 2671970 knukles
knukles's picture

And don't forget kiddies, the sales numbers reported by the auto companies are what they push out the door to dealers, not what is sold to the public as is often pointed out here.  Plus, their newest bright idea is writing loans hand over fist to the sub-less-than-un-creditworthy.

Say, haven't I seen that somewhere before and they got GobsMACked

Sorta like California budgeting for FacePlant to be trading at $45 for budgetary purposes.
Or the GSA giving out $44MM unreported bonuses.
Or Knight Capital "installing new" whatevers (glitch)
Or oh, never mind

Thu, 08/02/2012 - 11:11 | 2672318 BooMushroom
BooMushroom's picture
Sorta like California budgeting for FacePlant to be trading at $45 for budgetary purposes.

Link pls?

Thu, 08/02/2012 - 11:23 | 2672376 NotApplicable
NotApplicable's picture

Something wrong with your Google?

This article has projections at $35-45.

http://www.politico.com/news/stories/0512/76640.html

Thu, 08/02/2012 - 13:46 | 2673083 BooMushroom
BooMushroom's picture

My google-fu was weak this morning. Thanks.

Thu, 08/02/2012 - 12:06 | 2672558 Things that go bump
Things that go bump's picture

Yes, someone at a dealership talked my granddaughter's friend into buying a brand new car with payments of $300.00 a month.  She had a couple of thousand bucks and she was looking for something used.  It was beyond her wildest dreams that she could slap down her money and walk out with a brand new car.  She is single with a child and doesn't even have a full time job.  This kid has nothing, not even an apartment of her own.  The day after she drove it off the lot her hours were cut to 12 a week.  This is going to end in tears of course.  It reminds me of the old story of the kid who sold his mother's cow for magic beans - without the beanstalk and the happy ending, of course.  The end of this story is the kid is out her money and they will reposess that wonderful new car so she can't even get to her 12-hour a week job.

Thu, 08/02/2012 - 09:53 | 2671978 Winston Churchill
Winston Churchill's picture

Not  so good for a one legged limbo dancer,which sums up GM.

Thu, 08/02/2012 - 09:40 | 2671907 Muppet of the U...
Muppet of the Universe's picture

Market falls apart, traders say, oh shit MOAR QE!  Fed ecb 2 thumbs up.  World falls apart, traders say, oh shit MOAR QE!  Fed ecb lol.

Thu, 08/02/2012 - 09:40 | 2671910 fonzannoon
fonzannoon's picture

At the end of the day with interest rates nailed down at zero people will be forced kicking and screaming into something risky.

Thu, 08/02/2012 - 10:10 | 2671952 buzzsaw99
buzzsaw99's picture

risky like gold? :snark!:

Thu, 08/02/2012 - 10:04 | 2672031 Dr. Engali
Dr. Engali's picture

If they aren't in now they aren't going in. People will continue to put money into tangible assets. The stawk racket is dead as well as the bond racket. The baby boomers ar going into capital preservation risk off mode.

Thu, 08/02/2012 - 09:40 | 2671911 ThunderingTurd
ThunderingTurd's picture

So does this mean we have another 40 SPX points to go?

Thu, 08/02/2012 - 09:43 | 2671923 hedgelessWhoresMan
hedgelessWhoresMan's picture

Hey Karl GOLD GOLD GOLD GOLD GOLD.....

 

kISS MY BALLS KARL.

Thu, 08/02/2012 - 09:49 | 2671960 RationalPrepper
RationalPrepper's picture

Tell us how you really feel...

Thu, 08/02/2012 - 09:59 | 2672006 MsCreant
MsCreant's picture

You must really want them kissed pretty bad...

Thu, 08/02/2012 - 09:54 | 2671935 buzzsaw99
buzzsaw99's picture

re the ecb santelli just said: "where's the beef?!" lulz

btw, kd is an idiot imo. wrong about bonds, wrong about gold, wrong about the stock market, wrong about politics, wrong about everything. keep trading 'til it's all gone scooby doo.

Thu, 08/02/2012 - 09:45 | 2671938 maxpax
maxpax's picture

Mario, you are a Plonker!

Thu, 08/02/2012 - 14:10 | 2673201 Shitters_Full
Thu, 08/02/2012 - 09:45 | 2671939 knukles
knukles's picture

At least the Canadians got the troopies and the damnable French thing to the range.
Which also reminds me of marching Italians.

As Tony Soprano famously said; "There's nothing so useless as an empty gun."

Nice Mario, real nice.
Another job well done Brownie moment

Thu, 08/02/2012 - 09:49 | 2671951 agent default
agent default's picture

There is something scarier lurking beneath this.  The central banks are beginning to realize they are out of bullets.  Either that or very low.

Thu, 08/02/2012 - 10:17 | 2672085 dwayne elizando
dwayne elizando's picture

No they're just liars. The money supply grows on a daily basis. They're in the markets on a daily basis. What they're doing is keeping prices low while they continue to print. Oh look at that. Nasdaq up 10 points. Its not magic. Its just deception.

Thu, 08/02/2012 - 10:39 | 2672149 hedgeless_horseman
hedgeless_horseman's picture

 

 

"What they're doing is keeping prices low while they continue to print....Its not magic. Its just deception."

Ding...ding...ding...we have a winner!  Give Dwayne a cigar, he got the answer correct!  What was the question, you ask?  It was, "What is prestidigiflation?"

http://en.wikipedia.org/wiki/G._Edward_Griffin#The_.22Mandrake_mechanism.22

Thu, 08/02/2012 - 09:50 | 2671953 khakuda
khakuda's picture

And believe me, it will be enough?

It's like when Charlie Brown got a rock in his Halloween bag.

Thu, 08/02/2012 - 09:49 | 2671954 RobotTrader
RobotTrader's picture

Jim Sinclair now found curled up in the fetal position with his 43 dogs

Thu, 08/02/2012 - 10:25 | 2672124 GetZeeGold
GetZeeGold's picture

 

 

Say hi to the cats for me Robo.

 

Thu, 08/02/2012 - 10:44 | 2672212 pods
pods's picture

Robo has got to be hot, I mean, look at her personality!

pods

Thu, 08/02/2012 - 09:49 | 2671957 Tator
Tator's picture

No surprise for a country who's national motto is "We Surrender".

Thu, 08/02/2012 - 09:52 | 2671972 Byte Me
Byte Me's picture

Now, that was an AT shell to LOL about..

Thu, 08/02/2012 - 09:53 | 2671975 sabra1
sabra1's picture

OT:

General Motors Earnings Fall 41%; Better Than Expected
Thu, 08/02/2012 - 09:53 | 2671979 RobotTrader
RobotTrader's picture

XRT now green.

Wal-Mart, Target, Home Depot left completely unfazed from Europe's problems.

All near 52-week highs, with Gap and Macy's surging today to keep up.

Nothing can stop the U.S. Consumer.

Thu, 08/02/2012 - 09:55 | 2671988 Getting Old Sucks
Getting Old Sucks's picture

Yup, EBT cards got reloaded yesterday.

Thu, 08/02/2012 - 10:21 | 2672102 takinthehighway
takinthehighway's picture

I've heard that the EBT loading schedule has changed...instead of consecutive days by last number of SSN, it's now every other day...

Thu, 08/02/2012 - 09:54 | 2671982 Getting Old Sucks
Getting Old Sucks's picture

ROTFLMAO

Thu, 08/02/2012 - 09:56 | 2671991 SmoothCoolSmoke
SmoothCoolSmoke's picture

Sorry boys these mofos are still winning:

1.  Go long

2. Lie

3. SP +80

4. Admit lie

5. SP -40.

 

 

Thu, 08/02/2012 - 09:57 | 2671997 Money 4 Nothing
Money 4 Nothing's picture

French Fried. Fucin RUN!!!! I don't know how to say that in French..

 

Must watch: http://www.youtube.com/watch?v=H6GG_ex_ZAI

Thu, 08/02/2012 - 09:58 | 2672001 Snakeeyes
Snakeeyes's picture

IBEX down, Spanish yields up. In Draghi's defense, it won't do any good and Germany would be pissed.

http://confoundedinterest.wordpress.com/2012/08/02/ecb-follows-feds-lead-how-about-no-but-maybe-later/

Thu, 08/02/2012 - 09:58 | 2672002 HedgeFun
HedgeFun's picture

EVERYONE STOP.  If you look very closely there is in fact a very, very small enemy tank 3 feet in front of these guys.  It was indeed a direct hit.

Thu, 08/02/2012 - 10:02 | 2672016 MsCreant
MsCreant's picture

The target was his foot.

Thu, 08/02/2012 - 10:05 | 2672028 virgilcaine
virgilcaine's picture

One Strange "Market".. the Dow is Down while the  Nas is Up with a declining Vix.!  It could only mean... Bernank to the rescue! 

Thu, 08/02/2012 - 10:04 | 2672030 Getting Old Sucks
Getting Old Sucks's picture

I'm expecting bennie boy to come out at his next press conference and start tap dancing. 

Are they trying to get us to laugh ourselves to death?

Thu, 08/02/2012 - 10:40 | 2672194 morning_glory
morning_glory's picture

Can he wear a tutu too.

Am pretty sure I would laugh at that.

Thu, 08/02/2012 - 10:05 | 2672032 ptoemmes
ptoemmes's picture

Kind of off topic, but a recenlty discovered personal favorite (H/T Greg on KahrTalk): http://i45.tinypic.com/mt7dk3.gif

Thu, 08/02/2012 - 10:06 | 2672041 MsCreant
MsCreant's picture

Does Viagra help with this kind of thing?

Thu, 08/02/2012 - 10:08 | 2672050 Gordon_Gekko
Gordon_Gekko's picture

Yeah, MsCreant, long time....hope you are well.

Thu, 08/02/2012 - 10:15 | 2672076 MsCreant
MsCreant's picture

AHHHHHH!! Gordon, sweetheart!!! Where have you been? 

Hope you can hang out a bit and rock the house!

Someone go find Chumba. PAAAAARRRRRTY.

Oh shit. You're here. It might really be the end game....fuck.

Love you Gordon.

Thu, 08/02/2012 - 10:54 | 2672246 Gordon_Gekko
Gordon_Gekko's picture

Send me an email at gordon.gekko.gg@gmail.com. There's something.

Thu, 08/02/2012 - 11:00 | 2672269 Gordon_Gekko
Gordon_Gekko's picture

I'm planning to post the relevant material on zerohedge but can't seem to find the time...

Thu, 08/02/2012 - 10:14 | 2672044 Gordon_Gekko
Gordon_Gekko's picture

HAHAHAHHHHAAAAHAHAHAHAAA!

 

Our "civilization"!!! It's a fucking joke to call this pile of SHIT a "civilization". 

Thu, 08/02/2012 - 10:07 | 2672047 FRBNYrCROOKS
FRBNYrCROOKS's picture

I have the next 10 minutes of this video showing the French surrendering to a minefield!

Thu, 08/02/2012 - 10:07 | 2672048 youngman
youngman's picture

I think that is an improved version of this.....3.05

 

http://www.youtube.com/watch?v=9V7zbWNznbs

Thu, 08/02/2012 - 10:16 | 2672084 CVfriendship
CVfriendship's picture

It's the French retreat excuse!  Our missle mis-fired, therefore we had to retreat and not fight.

 

French Military prowess jokes always get a laugh from me.

Thu, 08/02/2012 - 10:18 | 2672087 tocointhephrase
tocointhephrase's picture

That is one EPIC FAIL! LMAO

Thu, 08/02/2012 - 10:25 | 2672122 sablya
sablya's picture

With such stunning weaponry prowess in combination with their epic Maginot line, the more stunning prowess of French women will surely be safe from the barbarian invaders...

Thu, 08/02/2012 - 10:22 | 2672107 Mr_Wonderful
Thu, 08/02/2012 - 10:25 | 2672117 All Is Well
All Is Well's picture

All is well, markets are rallying back. Nothing to see here.

Thu, 08/02/2012 - 10:25 | 2672123 doc_in_the_house
doc_in_the_house's picture

LAST FRI (7/27

i called the  TOP of gold @ 1630

http://www.zerohedge.com/news/what-does-gold-know-all-other-asset-classes-dont#comment-2656632

and i shorted HEAVILY spx @ 1386 within minutes!! been riding ever since...shorted EUR @ 1.232..missed the peak @ 1.24, was doing something else


http://www.zerohedge.com/news/visualizing-todays-last-second-60000-e-mini-contract-wipe-out?page=1#comment-2666831

 

will keep RIDING til next week when @ sub spx 1300. cover shorts b4 dead cat bounce and re-short and ride til sub 1100.

Thu, 08/02/2012 - 11:33 | 2672414 NotApplicable
NotApplicable's picture

Meanwhile, JPM uses your own "sequestered" margin funds to work against you.

Or do you believe you've got the inside info they lack?

Sounds like a winner to me!

Thu, 08/02/2012 - 10:26 | 2672125 Yen Cross
Yen Cross's picture

 Spanish yields are now over 7% ( 7.045)!  Nice work, " Dragya ass" !

Thu, 08/02/2012 - 10:32 | 2672152 bentaxle
bentaxle's picture

Shock & oh la la ! (awesome!) But the old fashioned tank neutralisation method is still the better approach, if you can get them to open the tank hatch,  http://www.youtube.com/watch?v=0eaLp2qs-Fk&feature=relmfu

Thu, 08/02/2012 - 10:34 | 2672166 adr
adr's picture

The Dow shot up 100 points, the Nasdaq shot up 35 points and the S&P shot up 10. All at 9:33 on the dot. Looks like the PPT got called into action. After "The Speech" they were ready to hit the big green button.

More algo bullshit.

Thu, 08/02/2012 - 13:20 | 2672957 Lednbrass
Lednbrass's picture

Nice clip. I want to see the French fight these guys, with the French rockets and these mortars it should be an epic struggle.

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

Thu, 08/02/2012 - 14:44 | 2673355 Joe A
Joe A's picture

Well at least they were not singing "bye bye miss American pie".

Fri, 08/03/2012 - 02:02 | 2674984 Essential Nexus
Essential Nexus's picture

Hmm.  I thought it would shoot white flags.

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