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Fake Tweets About Syrian President Assad's Death Cause All Too Real Spike In Crude And S&P

Tyler Durden's picture





 

And the update comes as expected: RUSSIAN INTERIOR MINISTRY DENIES ISSUING ANY STATEMENT ON ASSAD'S HEALTH VIA TWITTER: REUTERS

Moments ago, the apparently fake twitter account of the Russian minister of the interior Vladimir Kolokoltsev (which was created days ago) sent out the three completely unconfirmed and uncorroborated tweets stating that Syria's president Assad "has been killed or injured" which the market, in all its ultra-high speed trading wisdom, took and ran with, not waiting for any actual confirmed news to be released (because obviously Russian official channels have never heard of news wires such as Interfax).

End result: WTI soaring by over $1 to just shy of $92, on what very well may be completely fake news, dragging the entire market higher with it.

And that, in a nutshell, is the "market": fake news about imminent war has become an upside catalyst.

 


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Mon, 08/06/2012 - 10:50 | Link to Comment Rahm
Rahm's picture

Fake Tweet?  Bullish!

Mon, 08/06/2012 - 10:53 | Link to Comment SHEEPFUKKER
SHEEPFUKKER's picture

Russian diplomats tweeting out breaking news? Really? What a strange world it has become. 

Mon, 08/06/2012 - 11:09 | Link to Comment malikai
malikai's picture

 

So let the lulz begin!

I always knew the the headline scanner dumbshits would be a winning slot machine.

I didn't think it would be that easy.

http://www.quantsig.net/img/com_brent.png

 

Mon, 08/06/2012 - 11:11 | Link to Comment Temporalist
Temporalist's picture

Actual footage of twitter algos in action:

http://www.youtube.com/watch?v=uJSgZYUnQn0

Mon, 08/06/2012 - 11:23 | Link to Comment Precious
Precious's picture

Pure PSYOPS to force Assad to expose himself and thereby become primary target for further assassination attempts by bomb.

"BLACK PSYOP.  Covert PSYOP is not a function of the U.S. military but instead is used in special operations due to their political sensitivity and need for higher level compartmentalization. Further, black PSYOP, to be credible, may need to disclose sensitive material, with the damage caused by information disclosure considered to be outweighed by the impact of successful deception. In order to achieve maximum results and to prevent compromise of overt PSYOP, overt and covert operations need to be kept separate. Personnel involved in one must not be engaged in the other. The activity engaged in appears to emanate from a source (government, party, group, organization, person) usually hostile in nature. The interest of the U.S. Government is concealed and the U.S. Government would deny responsibility. It is best used in support of strategic plans. "

Mon, 08/06/2012 - 11:24 | Link to Comment magpie
magpie's picture

#Assad President Assad announces financial support for Free American Army.

Mon, 08/06/2012 - 11:32 | Link to Comment malikai
malikai's picture

That would be hilarious.

Mon, 08/06/2012 - 11:39 | Link to Comment francis_sawyer
francis_sawyer's picture

When Hilsenrath gets ahold of this tactic, the S&P will be at 1500 within a few clicks...

Mon, 08/06/2012 - 12:21 | Link to Comment knukles
knukles's picture

@billgross  its me mohamd just Bcuz UR dick is 2x mine is not justfcn for UR 2x money  we need to talk XOXOXO mo

Mon, 08/06/2012 - 12:38 | Link to Comment magpie
magpie's picture

#FAA Vogue reporter discloses First Lady's shopping list
#FAA Vice President defects to Mexico

Mon, 08/06/2012 - 11:24 | Link to Comment vast-dom
vast-dom's picture

what's the tweet to correct markets back to reality ie SP 600?

Mon, 08/06/2012 - 11:51 | Link to Comment malikai
malikai's picture

World Peace.

Mon, 08/06/2012 - 15:54 | Link to Comment tricycle
tricycle's picture

#ronpaul

Mon, 08/06/2012 - 17:13 | Link to Comment _ConanTheLibert...
_ConanTheLibertarian_'s picture

EU COLLAPSED!

Mon, 08/06/2012 - 11:03 | Link to Comment LoneStarHog
LoneStarHog's picture

He rocks in the tree tops all day long
Hoppin' and a-boppin' and a-singing his song
All the little birds on Jaybird Street
Love to hear the robin go tweet tweet tweet

Mon, 08/06/2012 - 11:26 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

tweet:> they took down bobbyDay's version?  The Jackson 5 - Rockin' Robin 1972 RARE - YouTube

this is from The Tripoli Post - Libya News and Business

Assad Forces Control Damascus as Major Aleppo Battle Yet to Start, Reports The Syrian army said it has taken over a neighbourhood of Damascus that was in rebel hands. As such, according to the general in charge of the operations in this area, and if the report is to be believed, the Syrian army now controls all of the capital after taking control Saturday on Tadamoun district.

as is this:>

New Supreme Allied Commander Transformation The North Atlantic Council of NATO has approved the nomination by the President of the French Republic of Air Force General Jean-Paul Paloméros as Supreme Allied Commander Transformation.
Mon, 08/06/2012 - 11:16 | Link to Comment Honey Badger
Honey Badger's picture

Trial Balloon

Mon, 08/06/2012 - 11:42 | Link to Comment Deo vindice
Deo vindice's picture

You beat me to the comment so I gave you a green arrow.

Mon, 08/06/2012 - 12:15 | Link to Comment spastic_colon
spastic_colon's picture

indeed....market test to see if we should go to war

Mon, 08/06/2012 - 13:48 | Link to Comment Disenchanted
Disenchanted's picture

 

 

 

I thought Honey Badger didn't give a shit...about anything.

Mon, 08/06/2012 - 11:19 | Link to Comment LongSoupLine
LongSoupLine's picture

 

 

yeah...wait 'till they track the fake account set up being created from the Goldman crude futures desk.

Mon, 08/06/2012 - 11:25 | Link to Comment malikai
malikai's picture

The trail would stop dead cold right there.

Mon, 08/06/2012 - 11:21 | Link to Comment indygo55
indygo55's picture

Dang! I'm gonna get me one of those Twitter accounts and start pumping my own positions. If it's that easy,,, just saying.

Mon, 08/06/2012 - 11:27 | Link to Comment lizzy36
lizzy36's picture

I think the solution to all the future growth problems is $150 crude. 

$150 WTI = 1750 on S&P and 20k on Dow.

And we all know the DOW is the true measure of the economy.

Mon, 08/06/2012 - 10:49 | Link to Comment Neethgie
Neethgie's picture

the market is so broken beyond belief, nothing makes sense in it anymore

Mon, 08/06/2012 - 10:56 | Link to Comment HD
HD's picture

Either the market goes parabolic or implodes - but the eye of the storm is almost over...

Mon, 08/06/2012 - 10:50 | Link to Comment Ying-Yang
Ying-Yang's picture

We know these are fake because? The CIA just orgasmed!

Mon, 08/06/2012 - 10:52 | Link to Comment Rahm
Rahm's picture

Because Assad's wife isn't even in Syria for starters...

Mon, 08/06/2012 - 10:57 | Link to Comment HD
HD's picture

If you have not seen this it's a fun few minutes...

 http://www.youtube.com/watch?v=C-CG5w4YwOI

Mon, 08/06/2012 - 10:53 | Link to Comment Jlmadyson
Jlmadyson's picture

See random twitter accounts can easily game the system too. Too easy for folks not to get a piece of the ponzi pie.

Well that is until it gets smashed into their face.

Mon, 08/06/2012 - 10:51 | Link to Comment FubarNation
FubarNation's picture

Unfucking believable.

 

Tweets moving markets that much is a signal that things are far worse than we can imagine.

 

 

Mon, 08/06/2012 - 11:15 | Link to Comment A Lunatic
A Lunatic's picture

Only three thousand pages of cyber security legislation can save us now........

Mon, 08/06/2012 - 11:44 | Link to Comment XitSam
XitSam's picture

You mean executive order

Mon, 08/06/2012 - 10:52 | Link to Comment magpie
magpie's picture

Running short stops before DXY makes a reappearance.

Mon, 08/06/2012 - 10:52 | Link to Comment Sudden Debt
Sudden Debt's picture

Here's another Tweet for ya!

OBAMA PROMISED THAT THE NEXT PRESIDENTIAL ELECTIONS WILL BE FAIR AND HONEST!

Mon, 08/06/2012 - 11:16 | Link to Comment cherry picker
cherry picker's picture

You got a smile from me on that one  :)

Mon, 08/06/2012 - 12:47 | Link to Comment Haager
Haager's picture

Oh, come on. That lie is so obvious it will be recognized as truth.

Mon, 08/06/2012 - 13:30 | Link to Comment lakecity55
lakecity55's picture

In which country?

Mon, 08/06/2012 - 10:54 | Link to Comment ReeferMac
ReeferMac's picture

That's awesome!

I'm going to start tweeting my book every day!

(If you can't beat 'em...)

Mon, 08/06/2012 - 10:56 | Link to Comment larz
larz's picture

Actually not a bad idea Reefer

Mon, 08/06/2012 - 11:23 | Link to Comment ReeferMac
ReeferMac's picture

Thanks.

Had a stop order on a decent-sized position hunted down last week... I'm going to buy a small lot this morning, then place a stop order well below my last price, and wait. When it triggerts, I'll re-establish my original position, at a lower-price point!

Fucking computers.. if you can't beat 'em, use them to your advantage! Front-Run the bots, bitchez!

Mon, 08/06/2012 - 10:55 | Link to Comment SheepDog-One
SheepDog-One's picture

So basically 'the spike' was around .60 cents? 'WTI soaring by nearly $1' doesnt seem like much of a big deal. But not surprising that all market activity now consists of baseless rumors and 'Tweets'.

Mon, 08/06/2012 - 11:21 | Link to Comment adr
adr's picture

The actual jump was over $1 from the low point this morning. $9.80 to $91.80.

 

There always seems to be some over bullshit for the crude spikes during the US trading day.

Remember a little over one month ago when oil hit $78.

Doesn't matter Obama is toast with gasoline at $4 right now. When people see gas advertised at $4.49, even if it is premium, consumer confidence will post the biggest collapse in history.

On another note diesel is $3.65 with regular unleaded at $3.90. No price fixing manipulation there.

Mon, 08/06/2012 - 13:23 | Link to Comment Rick Masters
Rick Masters's picture

Regular is at 3.619. A week ago is was as 3.48. A month ago: 3.37. It's jumped 25 cents in the last month but I bet you ten gallons that one gallon will cost at most 3.50 by elction day if not less. You must live in LA, guess what, for the rest of us not living the high life if LALA land, gas is about 3.60. That's a lot below your 3.90 price. And I have no idea where you're getting 4.50 from. Though I do agree, 4.50 gas will kill Obama's reeelection bid. But, I don't see it happening. Maybe I'm wrong and if so, please let me know since unlike most people on this board I don;t care so much about politics and social issues, I care about making money. I'm only 30, so my life is just starting.

Mon, 08/06/2012 - 10:54 | Link to Comment larz
larz's picture

We are getting our information from the damn internet where any idiot such as my self can yell fire and people are actually reacting!  Garbage index aside we are in much deeper shiite than we think! God help us all!  does anyone do ANY due diligence anymore WTFU people

Mon, 08/06/2012 - 10:56 | Link to Comment Jlmadyson
Jlmadyson's picture

Due diligence is not part of the game. Racketeering, falsifying, bloating, and hopeium however are the key rules.

Mon, 08/06/2012 - 10:54 | Link to Comment The Axe
The Axe's picture

And this suprising

Mon, 08/06/2012 - 10:55 | Link to Comment Cyan Lite
Cyan Lite's picture

Guess we know who was long oil...

Mon, 08/06/2012 - 10:55 | Link to Comment pbracken
pbracken's picture

ZH - just dump the conspiratorial twaddle. We'd all be the better for it. 

Mon, 08/06/2012 - 11:11 | Link to Comment Dr. Engali
Dr. Engali's picture

The role of resident trolls are already taken by Robo and MDB, who by the way are pretty good trolls. You're probably better off on the yahoo boards.

Mon, 08/06/2012 - 11:52 | Link to Comment resurger
resurger's picture

+1

Mon, 08/06/2012 - 11:37 | Link to Comment fuu
fuu's picture

Derp.

Mon, 08/06/2012 - 10:56 | Link to Comment 101 years and c...
101 years and counting's picture

im going to set up a fake bernanke twitter acct.  and then tweet the following:  "There will NEVER be more QE.  EVER!!!"  SPX will drop 500 points in 5 minutes.

 

 

Mon, 08/06/2012 - 11:03 | Link to Comment larz
larz's picture

Shhhh now you lost the element of suprise

Mon, 08/06/2012 - 11:12 | Link to Comment EvlTheCat
EvlTheCat's picture

They will just make a fake Hilary Clinton account and tweet that World War III started to mitigate your effort.

Mon, 08/06/2012 - 10:55 | Link to Comment Shizzmoney
Shizzmoney's picture

Imagine if an anon or some other hacker hacked a Wall St Finanical Journalist's twitter and started tweeting: "Ben Bernanke resigning/dead". 

The markets would move like a therometer ripped out of a packet of ice.

Mon, 08/06/2012 - 10:55 | Link to Comment LFMayor
LFMayor's picture

Awesome.  On the farm, when you want to cut a piece of baling wire to length but you don't have a pair of pliers on you, then you have to bend the wire back and forth until it stress breaks.

Could rigged markets be treated the same way? 

Anonymous et al,  please take note and adjust fire accordingly.

Mon, 08/06/2012 - 10:56 | Link to Comment VonSalza
VonSalza's picture

Sing along while Trolling News Algo's http://youtu.be/oavMtUWDBTM

Mon, 08/06/2012 - 10:57 | Link to Comment Temporalist
Temporalist's picture

"According to unconfirmed reports American President Barack Obama has resigned in disgrace for pretending to give a shit about anyone."

Mon, 08/06/2012 - 11:09 | Link to Comment Widowmaker
Widowmaker's picture

"Hope and change and ass-fucking you can believe in!"

Mon, 08/06/2012 - 11:18 | Link to Comment A Lunatic
A Lunatic's picture

"A tube of KY in every cupboard."  

Mon, 08/06/2012 - 13:46 | Link to Comment Haole
Haole's picture

"You didn't apply that lube.  If you put that lube on, you had help."

Wait a sec...

Mon, 08/06/2012 - 11:20 | Link to Comment Shizzmoney
Shizzmoney's picture

You also forgot, "Obama will immediately start his new gig as a JP Morgan CIO on Monday."

Mon, 08/06/2012 - 13:28 | Link to Comment lakecity55
lakecity55's picture

.....as a JP Morgan Men's Room Attendant on Monday.

I bet he likes the tips...

Mon, 08/06/2012 - 10:56 | Link to Comment Hype Alert
Hype Alert's picture

Anything to get us over 1400!!  The suspense is killing me.

Mon, 08/06/2012 - 10:56 | Link to Comment resurger
resurger's picture

lol

Mon, 08/06/2012 - 10:57 | Link to Comment Widowmaker
Widowmaker's picture

All your fraud are belong to us. 

Jam this fucking mess higher!

 

Mon, 08/06/2012 - 10:57 | Link to Comment toady
toady's picture

HFT manipulation! Sweet! Maybe I need a twitter account after all...

China purchases Greek bonds

Largest oilfield ever discovered in Australia

Ron Paul elected in a landslide of write-in votes

Mon, 08/06/2012 - 11:22 | Link to Comment magpie
magpie's picture

Self referential

#algos Hft algos tweet drives algos to S&P 1500

Mon, 08/06/2012 - 10:57 | Link to Comment Dr. Engali
Dr. Engali's picture

I've had problems accessing the Hedge for about an hour. Has anybody else experienced those issues?

Mon, 08/06/2012 - 11:03 | Link to Comment Nadaclue
Nadaclue's picture

No, been strong all morning

Mon, 08/06/2012 - 11:08 | Link to Comment Dr. Engali
Dr. Engali's picture

Thanks. It must be something on my end.

Mon, 08/06/2012 - 11:30 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

little baby black humminbirds?

ok here2

Mon, 08/06/2012 - 11:52 | Link to Comment XitSam
XitSam's picture

The keylogger is consuming a lot of bandwith transmitting your anti-regime activites to NSA headquarters. fnord

Mon, 08/06/2012 - 11:11 | Link to Comment shovelhead
shovelhead's picture

It's just Homeland Security verifying your IP addy.

Congratulations...You are now a 'person of interest'.

Mon, 08/06/2012 - 11:22 | Link to Comment Dr. Engali
Dr. Engali's picture

Visiting sites like the Hedge, Info Wars, SurvivalBlog, FOFOA .... Probably has me identified as a person of interest long ago.

Mon, 08/06/2012 - 11:39 | Link to Comment fuu
fuu's picture

Cruise Global Guerrillas once a week too.

Mon, 08/06/2012 - 11:43 | Link to Comment francis_sawyer
francis_sawyer's picture

 "Congratulations...You are now a 'person of interest'..."

~~~

Best way to become a 'person of interest' to somebody?... MISS A PAYMENT ON SOMETHING...

Mon, 08/06/2012 - 11:11 | Link to Comment Hype Alert
Hype Alert's picture

I've had one post not allow me to edit it and later could not get to zerohedge for about 5 minutes.  Other sites were fine, but obviously I can get to it now.

Mon, 08/06/2012 - 10:59 | Link to Comment shovelhead
shovelhead's picture

Damn HTF algos can read Twitter?

Mon, 08/06/2012 - 12:42 | Link to Comment Haager
Haager's picture

They also react on partner requests.

Mon, 08/06/2012 - 10:59 | Link to Comment the 300000000th...
the 300000000th percent's picture

Same ol trick just a new day. One of the Rothchilds did this in the ealy 1800's when Napoleon lost the war but Mr Rothchild had a guy at the scene and had him ride his horse directly to him to tell him before word got out the Napoleon did indeed lose. Well Mr Rothchild floated out rumors that Napoleaon won and the London stock market tanked, well guess who bought up all of that? Yes, Mr Rothchild, and then 20 hours later when the truth came out that Napoleon lost, well then the market soared making Mr Rothchild the name sake it is today

Mon, 08/06/2012 - 10:59 | Link to Comment myshadow
myshadow's picture

That's a 'spike'? Then what made the  $4 move on Friday happen? No one said a thing about that.

Mon, 08/06/2012 - 11:03 | Link to Comment Jlmadyson
Jlmadyson's picture

Nope nobody said a word. I would check the job numbers discussions a little more.

Mon, 08/06/2012 - 11:06 | Link to Comment cossack55
cossack55's picture

Fake rumors of fake rumors.

Mon, 08/06/2012 - 11:00 | Link to Comment CrawdadMan
CrawdadMan's picture

Wow. A tweet can make me millions.

Mon, 08/06/2012 - 11:00 | Link to Comment Itch
Itch's picture

You have now officially entered the twilight zone.

Mon, 08/06/2012 - 11:01 | Link to Comment EvlTheCat
EvlTheCat's picture

War the new/old QE

Mon, 08/06/2012 - 11:02 | Link to Comment LoneStarHog
LoneStarHog's picture

(Reuters) - Syrian Prime Minister Riyad Hijab has defected to the opposition seeking to overthrow President Bashar al-Assad, a spokesman for Hijab said on Monday, marking one of the highest profile desertions from the Damascus government.

Mon, 08/06/2012 - 11:09 | Link to Comment Ratscam
Ratscam's picture

what a couple of Saudi fiat millions can cause ....

Mon, 08/06/2012 - 11:02 | Link to Comment mayhem_korner
mayhem_korner's picture

 

 

Tyler,

You might be on the lookout for another one of those $300K bar tabs.  Some pranksters just made a stash...

Mon, 08/06/2012 - 11:04 | Link to Comment Lohn Jocke
Lohn Jocke's picture

Kolokoltsev was long crude.

Mon, 08/06/2012 - 11:07 | Link to Comment q99x2
q99x2's picture

Top market movers in 2012: lies and rumors.

Mon, 08/06/2012 - 11:11 | Link to Comment Jlmadyson
Jlmadyson's picture

Best summation of 2012 I have seen yet.

Mon, 08/06/2012 - 11:07 | Link to Comment orangegeek
orangegeek's picture

The end of wave 2 in a bear market of this magnitude is a confirmation that ALL options to push this market higher have been exhausted.

 

http://bullandbearmash.com/chart/standard-poors-500-weekly-august-03-2012/

 

We are down to the short strokes  - the bulls and the exiting traders are tweeting to drive this markets - remember, ALL options.

Mon, 08/06/2012 - 11:08 | Link to Comment Kina
Kina's picture

ZH - just dump the conspiratorial twaddle. We'd all be the better for it.

 

Wow, I think we have blythe posting with us today.

 

Definately Libor manipulation is just a conspiracy, likewise sotckmarket, silver, gold etc... the markets have been going up because the economy is just so great and nothing to do with money printing..

 

Maybe it just psyops on duty tonight and not blythe.

 

But anyway, we always expected you.

 

 

Mon, 08/06/2012 - 11:09 | Link to Comment lieutenantjohnchard
lieutenantjohnchard's picture

was listening to the who - won't get fooled again - just as tweet was reported. had just closed short oil hedge versus long. sometimes it's better to be lucky than good. nice stipend for the day. will implement greenspan's substitution theory on inflation in reverse today. will upgrade from eating past sell by due date hamburger meat to manager's special ny strip.

Mon, 08/06/2012 - 11:16 | Link to Comment shovelhead
shovelhead's picture

Those with Spartan tendencies prefer the term 'aged beef'.

Mon, 08/06/2012 - 11:35 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

nah

"dead meat", BuCherZ!

Mon, 08/06/2012 - 11:13 | Link to Comment the not so migh...
the not so mighty maximiza's picture

Fake Tweets??? Wow, somebodies getting deperate.

Mon, 08/06/2012 - 13:26 | Link to Comment lakecity55
lakecity55's picture

This Tweet Just IN:

Hillary and Assad are in a running gun battle near Aleppo!

UPDATE!

assad shot Bill, the wheelman in the shoulder. Hillary took the wheel. Bill is now firing an AK, but Assad's car is armored. Russians have thrown out tire spikes, but Hillary's vehicle has run-flat tyres. Assdad can only fire backwards with his tactical shotgun......

Mon, 08/06/2012 - 11:13 | Link to Comment digalert
digalert's picture

War drum beaters Obama and Billary are desperate to get this war started before the economy collapse or the election. Only one country in world history has ever nuked the innocent citizens of another country...USA.

Mon, 08/06/2012 - 11:29 | Link to Comment shovelhead
shovelhead's picture

Again,

We prefer to use terms like 'extreme diplomacy'.

It put a punctuation on the thought that Pearl Harbor was a really bad idea.

Mon, 08/06/2012 - 12:29 | Link to Comment Revert_Back_to_...
Revert_Back_to_1792_Act's picture

Can I go back to the 80's?  I like cold wars better than hot ones.

Hello Gorby...

http://www.youtube.com/watch?v=A5QeSl0czW0

 

Mon, 08/06/2012 - 12:15 | Link to Comment lakecity55
lakecity55's picture

No joke.

I imagine those two are trying to figure out which US city to nuke so they can blame Iran and go for it. Probably which ever city Mittens happens to be in at the time. That Magic Negro is a devious little dude.

War, Bitchez. It's what's for lunch.

Mon, 08/06/2012 - 11:14 | Link to Comment Nadaclue
Nadaclue's picture

RUSSIAN INTERIOR MINISTRY DENIES ISSUING ANY STATEMENT ON ASSAD VIA ANY NEWS SOURCE

 

tweet 4 Min ago

Mon, 08/06/2012 - 11:16 | Link to Comment jjsilver
jjsilver's picture
Bart Chilton: FT Report That CFTC to Drop Silver Investigation is ‘Inaccurate & Premature’, ‘There Have Been Devious Efforts to Move Price of Silver’

 

http://www.silverdoctors.com/bart-chilton-ft-report-that-cftc-to-drop-si...

Mon, 08/06/2012 - 11:23 | Link to Comment doc_in_the_house
doc_in_the_house's picture

ADDED to SHORTS

Last Th = cover my shorts for a NICE PROFIT. spx @ 1360 and EUR @ 1.216 FROM spx 1386 and EUR 1.23+ shorts

Last Fri = short spx @ 1392, EUR @ 1.2373

TODAY ADDED spx shorts @ 1398, EUR @ 1.242

that's how you make $$$ stupid daytraders (well to those that are stupid daytraders).

 

Mon, 08/06/2012 - 11:26 | Link to Comment the not so migh...
the not so mighty maximiza's picture

Asaad channels Mark Twain in Tweet 1 min ago

"The reports of my death are greatly exaggerated"

Markets rally 500 points.  HEY....You can't loose

Mon, 08/06/2012 - 11:25 | Link to Comment Meesohaawnee
Meesohaawnee's picture

fake tweet in a fake market. shall we expect anything different?

Mon, 08/06/2012 - 11:28 | Link to Comment Lost Wages
Lost Wages's picture

Hey guize, I heard #Facebook is only worth $1 a share. Pass it on. $FB

Mon, 08/06/2012 - 11:29 | Link to Comment TahoeBilly2012
TahoeBilly2012's picture

Mitt Romney dropped out of race Ron Paul to be nominee, Tweets I am waiting to hear...

Mon, 08/06/2012 - 11:32 | Link to Comment SmoothCoolSmoke
SmoothCoolSmoke's picture

Russian mob, they smart.  Load up on weekly ES options, buy fake tweet form govt stooge, sell the calls for what?  +20 - 30%?  Nice.

Mon, 08/06/2012 - 11:32 | Link to Comment Meesohaawnee
Meesohaawnee's picture

coc in the house.. oops.. doc..oops fat finger. ..  wait till 1410.. we got some more tweets coming down the pipe and CNBS still has to cover for knight and colect their infomercial fees. just wait.

Mon, 08/06/2012 - 11:35 | Link to Comment adr
adr's picture

Everyone should just give up. This is the party before the end. Just go buy a bottle of Champagne or a good cigar. Enjoy your job while it lasts and laugh at the joke the economy has become.

When you lose your job, as lose it you will, crack open the champagne or light the cigar. Then send out massive blast e-mails to every government official saying, thanks for the assrape I actually enjoy it now.

The best you can hope for is to muddle through. The best day will always be the day before from here on out.

Hyperinflation will kick in next year and the party will be over. There won't be enough food available to fulfill the wall street futures contracts, prices will jump too high for people to afford anything in the scramble to buy. Everyone's pets will starve because a 5lb bag of Walmart brand dog food will be $30. The media is saying food will be more expensive by $800 a month starting early next year. All that means is futures traders will price in that amount now leading to even higher prices later.

The inflation in pet supplies is a good indicator of where we will be. Bulk rabbit food went from $.18 a pound in 2008 to $1.39 a pound now. Imagine that insanity at your local grocery store. We've seen doubling and tripling. Wait until a can of tomato soup costs $12.

Mon, 08/06/2012 - 12:42 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

As it happens, those of us using gold & silver for money and those of us storing food and water that doesn't even need freezing (though some that will is good until the power is cut off) will not do so badly at all.

I won't care if cans of soup go up 100x in price when I've got a year's supply.

Dogs aren't as hard to feed if you're willing to feed them robbers. :)

Mon, 08/06/2012 - 11:35 | Link to Comment dannynewmexico
dannynewmexico's picture

to love money that much that you lie about something like that

 

 

 

survivingsurvivalism.com

Mon, 08/06/2012 - 11:45 | Link to Comment giggler123
giggler123's picture

If that's a spike then gold exploded...

Mon, 08/06/2012 - 11:51 | Link to Comment Dareconomics
Dareconomics's picture

Algorithms analyze all of the headlines on news sites and then make determinations whether to buy or sell on what they see. When fake news moves the market like this, how long is it before hackers change the headlines of several news outlets simultaneously in order to profit from a rising or declining market?

I think stock prices do not reflect the increased likelihood of electronic mischief. 

http://dareconomics.wordpress.com/

Mon, 08/06/2012 - 12:07 | Link to Comment lakecity55
lakecity55's picture

Gee, so this is why the Kenyan wants to illegally take over the internets.

He just wants to keep us from reading this phony CIA stuff!

 

http://thehill.com/blogs/hillicon-valley/technology/242227-with-defeat-o...

With The Kenyan watching over us, why would we ever need another 'president?'

Mon, 08/06/2012 - 12:17 | Link to Comment Racer
Racer's picture

And of course all the real money that was gained from a long crude will never be investigated let alone found

Mon, 08/06/2012 - 12:40 | Link to Comment mick_richfield
mick_richfield's picture

Here, let me try this.

 

ABU AL-RICHFIELD@ficticio.us

SAUDIS DISCOVER NEW OIL FIELD - LARGEST EVER - 1 TRILLION BARRELS PROVEN - LIGHT SWEET CRUDE - WILL START PRODUCING 10 MILLION BPD TOMORROW.

Mon, 08/06/2012 - 13:23 | Link to Comment marcusfenix
marcusfenix's picture

MARCUSFENIX

@marcusfenix

WW3 IS UNDERWAY AS EVERYBODY HAS DECLARED WAR ON EVERYBODY ELSE

WORLD TO END IN 30 MINS DUE TO MASSIVE NUCLEAR CONFRONTATION ICBM'S CONFIRMED IN THE AIR

IF YOU HAVE NOT DONE SO YET PLEASE TAKE THESE LAST REMAINING MINUTES TO KISS YOUR ASS GOODBYE

 

 

 

Mon, 08/06/2012 - 13:45 | Link to Comment SDS Trader
SDS Trader's picture

Fake tweet?  Who f****n' cares?  Grow up. 

The markets are full of tricks.  Stop blaming JUST the robots.  Tech stocks used to have this happen to them all the time during the Stock Bubble, and there were no robots trading then to speak of.  There were buyout and takeover rumors galore.  "Whisper Numbers" ran rampant before earnings.  The Henry Blodgets of the time moved stocks all over the place and spreads sucked.

I watched a couple of traders make a small mint trading crude this morning on precisely this fake news.  They could not have cared less about robots.  (I don't care for robots spewing out millisecond-class trades either, and it was sure fun to see KCG take it in the cake-hole last week.  Could not have happened to a better group of people).

But honestly, if you want to take the time out to trade, or not to trade, something that is an unconfirmed rumor, then that's on you and if you can't hack it, go buy a 1.5% 10-year and be done with it.

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