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that's one great unwind. here's another:
great unwind of british society, bitchez.
Its basically the dirty scum here rioting. Aka: uneducated, low class, mostly immigrant, peasant chavs. They should have their state benefits cut to negative (they pay to be able to live here) and any sort of privilidges they have revoked. Or juvy for life, whatever.
It is assymetric warfare urban style, you lock us up it costs you more ha ha.
Perhaps they were thinking of something more permanent.
i'm more bothered specifically about the situation on the ground and police response. the real question is: will they bring the army/martial law in when the politically correct and constrained police fail to control the problem.
water, canned food and homes in the countryside, bitchez.
You are correct but I noticed how quick the media (BBC) and a few lame politicos needing airtime were to blame `modern media communications` by which I assume they imply that facebook and twitter were used by the `organisers`. As if the British police needed anything else to make them look lazy and inneficient at everything except taking bribes. Which of us will be suprised if these seemingly bottom feeder riots are not in fact an excuse to further curb freedom and expand the police state. Afterall we have not seen any taxpayer unrest yet and that is what our overlords must fear the most. So far unrest has been confined to the `hand out` class, Government empoyees (many of whom have non jobs anyway) and welfare recipients. What I wonder is being discussed that would lead to unbridled anger of the taxpaying classes?
p.s - noted Tyler says QE3 will be announced tomorrow.
no wonder you get on so fabulously with the redneck scum dabolina
wish I could run into you and teach you some manners biatch
wth you'll be dealing with plenty of zombies soon!
he lives in an ivory tower, they are sub-human to him.
I guess you enjoy working and paying taxes to directly support such scum. Or perhaps you don't work, in which case that would make more sense.
Whether its the anti-globalization hippies in the US, the stanley-cup losing winers back in Canada, or the low class hipsters in the UK, it doesnt matter. All the same pile of shit.
You are being paradoxical.
The anti-globalist hippies are actually trying to ameliorate the socioeconomical conditions back in the "scum's" homelands so that they wouldn't have to leave.
Are you kidding me! They are "fighting" for NOTHING, they are simply looting thieves. Turn on the TV youll see what i mean. Unless you think theres a bigger problem with the Carphone Warehouse.
You may think yourself an aristocratic elite, but perhaps you should review the French Revolution and rediscover the road you want to head down.
It's not as simple as you'd like to see it be. Those who have less cushion will be hit first when financial crisis deepens. If you ask any poor fellow in any country what they'd like the answer is work and education, a better life. Some of those people actually do the big leap and move to a country with better possibilities. It's not their fault if a financial crisis hits and jobs go away. Funds then go to protect the needs of the state rather its citizens, who are left to fend themselves.
It's always "the dirty scum", no matter where or when. Back in the dirty factory days the cities were built so that the "scum" lived downwind. It's rather poor decision if you think about it, because of the sicknesses and other counter-productive phenomena which would drag state economy. It's actually beneficial to care for the people.
The world you are living in has been mostly built by "scum", so you should actually be grateful. Of course we agree that criminal acts should be avoided, and by burning properties and causing havoc some of the people on the streets do not appreciate the very work of their kind. There's a lot of frustration and anger that blinds reason.
Yes, it never is so simple. Yes, situations are mostly a shade of grey. But this wasn't about any sort of financial calamity and only about continuing their silly riots from the past 2 days.
As you have placed your point rather eloquently as opposed to other socialists posting otherwise, i have no beef at all with your understanding.
Zero. Your peasant civilians once kicked the Roman Empire off your shores. Do not mess with them.
The DJIA "Stick Save" appears to have started at 3:15 EDT.
MUST CLOSE OVER 11,000!!!1one
Looks like the puck ended up going through the 5-hole....
The goalie got taken out behind the net.... :)
Now going long on collapse:
maybe paulson will ring you up for advice.
Tyler Durden doing the endzone dance lol
Does this mean we should go "balls to the wall" tomorrow?
London is also unwinding... It is complete chaos here. Fires going on left right and center.
I just cannot keep up with the DOOM today... insane.
Why trade, when you can stack?
Generating alpha amongst a sea of levered beta momo chasers.
Truth and Knowledge bitchez.
What time is the fed statement tomorrow?
expected as usual @ 14:15 US time
BRING THE PAIN.. on wait.. the PAIN Is here.. good work tyler on covering this great 'unwind' cheers.
Another QE2 unwind idea: Long-Term bonds up 12% during same timeframe.
hahahahaha someone has been getting their face ripped off over the last week, u mad? why not throw in the complaint about tyler not posting about crude's pole-axing, and other assorted pedantic bullshit?
how much are you down? 20%?? more??? trolololololololololol
I have a better one for todays market, learned it after losing my modest fortune through stupidity and Nortel. Buy beer, you will enjoy the beer and the empties will be worth something.
QE3 will not be announced tomorrow.
shhh. if someone is gonna drink as much as tyler, there are times to just let him rave.
tyler called QEIII after the budget deal he nailed, and the market drop, which apparently came dropping to his specs, today.
so, QE III = tomorrow. of course.
at this point, let's just buy tyler the next bottle, together, and maybe a freaking case, tomorrow, if the tooth fairy flies outa his ass, too!
Well just to show how much respect I have for Tyler Durden and ZH I just closed out my positions in SPXU, SQQQ, and SDOW. If Bernanke DOESN'T announce QE3 tomorrow then I'm going to be a little pissed. But hey, I can always buy back into those shorts. As it stands I walked away with a 60% profit. Not bad for about 2 weeks.
shorting? thru ETFs?
who could have seen this coming?
+ for your + for t.d. & ++ for using someone who would blow a 3.0 for a trading indicator!
Haha. Well TD and ZH have proven to be as accurate as it gets over the past few years.
As soon as I saw TD say QE3 comes tomorrow the warning balls started ringing in my war room.
Looking at the charts if QE3 isn't announced tomorrow all of the gains of QE2 will be erased by the time Bernanke is done speaking. August 26th is almost 3 weeks away. Based on how equities have been dropping like bricks, the S&P would easily be under 1,000 by then. Could be under 900.
QE2 forced a portfolio rebalancing into equities, and commodities. But as soon as it ended, everyone rewound that trade.
QE3 will be useless, unless they don't disclose how long they will operate it for. That way, you have a harder idea when to unwind.
Kudos for Tyler! Great calls, especially considering the roller coaster they were called on.
Of course, if one happens to be long physical PMs they haven't done too badly.
That's what I'm thinking too.
Didn't Tyler say repeatedly that QE3 would be announced at Jackson-Hole on Aug 26th?
CYA For QE3
......Now is it time to short treasuries?
Maybe for a short term bounce. Otherwise the FED and US Treasury will conspire to keep rates low. They will never never never never allow rates to rise anything close to what we see in Europe. The FED will print to infininty and buy US Bonds until a complete hyper-inflationary collapse happens.
Are we so sure QE3 will be announced?
Unwind into what?
The next good trade? Buying TNX if they announce QE3.
PPT springing into action DOW back up over 11,000 S&P going towards 1150...
11,000 is the new 12,000
They are even recissitating BAC from the dead towards $7 despite the do not recissitate order
After the Downgrade another QE will really start to panick the markets because NONE of the companies really showed a increashe in earnings/profits.
So stocks are worthless, banks are worthless....
I don't think everybody will run back to the stock market like when QE2 was launched. Sure it will rise again but not as strong as QE2 did.
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