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Waddell & Reed Was Just Released From Carbonite

Submitted by Tyler Durden on 07/27/2011 10:12 -0400

Market Crash

And whoosh... On absolutely no news, ES just folded in on itself after a real size seller just hit every bid. Remember: there is no better trigger for affirmative policy in the 11th hour than an epic market crash. May 6 anyone?

Volume surge:

And cross assets:

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Wed, 07/27/2011 - 10:13 | 1497589 HelluvaEngineer

IYR just shit the bed. Where's BoilerMaker?

Wed, 07/27/2011 - 10:16 | 1497609 Cdad

And it looks like Simon Property Group just printed a massive 3 year long double top....at all time highs.

Wed, 07/27/2011 - 10:27 | 1497657 HelluvaEngineer

Lots of meat on that bone

Wed, 07/27/2011 - 10:31 | 1497682 Ahmeexnal

And google is going to $1500.

http://www.marketwatch.com/story/why-google-is-going-to-1500-2011-07-27

Yes, that could happen. When it does, gold will be at $50k/ozt. And silver at $10k/ozt.

Wed, 07/27/2011 - 10:48 | 1497766 djsmps

I looked at the author's name--James Altucher. I didn't read it.

Wed, 07/27/2011 - 10:53 | 1497795 azzhatter

I believe it's Aldoucher

Wed, 07/27/2011 - 12:05 | 1498135 Mr Lennon Hendrix

I assume a selloff to start the week, probably to my call of Dow 12k, and then a steady rise. I think the pullback will come in the form of a flash crash, but probably not with the magnitude of the May 6th one. Look for Moday or Tuesday to have a 200 point drop with a similar amount of correction. DC has averted hyperinflation's Stage Three for now, and it will be steady rampant inflation for a while longer.

In my naivite, I thought they had reached an agreement on Sunday. I mean, they had to, right? We are so going to default.

That's All, Folks!:

http://lhmarketwatch.blogspot.com/2011/07/thats-all-folks.html

Wed, 07/27/2011 - 11:06 | 1497883 yipcarl

An article from MarketWatch or CNBC is not welcome here, move along.

Wed, 07/27/2011 - 12:07 | 1498147 Mr Lennon Hendrix

Got gold?

Wed, 07/27/2011 - 11:02 | 1497720 TruthInSunshine

Back in the day, Goldman Sachs/JP Morgan/Rothschild, N M & Sons had to tank the markets quite a bit before Hank 'Give Me What I Want & I'll Go Away' Paulson's TARP/TALF (morphing into QE and other forms of thievery) plan was sucessfully approved.

Operation 'all your 401(k)s will bleed, bitchez' is going to have to produce some serious downside before the pre-arranged raise in the debt ceiling (so as to enable QE3) is finally approved, you know, for the good of the nation.

Or not.

Andre Linoge Stars as Hank Paulson. "Give me what I want and I'll go away."

Wed, 07/27/2011 - 10:24 | 1497648 DonnieD

Good one

Wed, 07/27/2011 - 10:14 | 1497591 Franken_Stein

This is nothing and certainly transitory.

This bearish event is to be deemed bullish.

Wed, 07/27/2011 - 10:27 | 1497660 spongeBOB

Buy the dip ?

Wed, 07/27/2011 - 10:15 | 1497597 Quintus

Maybe we should rename 'Flash Crashes' to 'Transitory Crashes'. Sounds much more 2011.

Wed, 07/27/2011 - 10:28 | 1497668 DOT

Flat Crash

Buyers are gone and the chart just keeps horizontal.

All terms such as : Breakdown, Extrema, Collapse, are now banned.

The list of banned words is also banned.

Wed, 07/27/2011 - 11:08 | 1497897 ww2vet

?? - making your own facts? market above mid-july low, well-above june low. market down LESS than 1%. calm down

Wed, 07/27/2011 - 10:15 | 1497598 Stoploss

It's a beautiful thing.

Wed, 07/27/2011 - 10:15 | 1497599 silvertrain

operation fast and furious 2.0

Wed, 07/27/2011 - 10:15 | 1497604 ZeroPower

If volume down is just as shitty as volume is on the up, surely this is not real.

Wed, 07/27/2011 - 10:39 | 1497719 Ahmeexnal

"Only death is real."

Wed, 07/27/2011 - 10:16 | 1497606 entendance

Anybody who doesn’t use stops is going to be out of business at some point. It’s not if; it’s when.

http://www.entendance.com/forums/viewtopic.php?f=6&t=794&p=18372#p18372

Wed, 07/27/2011 - 10:16 | 1497610 silvertrain

I thought it was Illegal to place sell orders until sack gets his debit card back..

Wed, 07/27/2011 - 10:16 | 1497612 Cognitive Dissonance

Makes good office furniture.

Office

Wed, 07/27/2011 - 10:28 | 1497671 StormShadow

Just gave you a double tap on the up arrow. Where in the world did you find that pic?! Hilarious

Wed, 07/27/2011 - 10:37 | 1497715 Cognitive Dissonance

Where else?

http://www.cracked.com/article_17550_the-10-geekiest-pieces-furniture-in-universe.html

Wed, 07/27/2011 - 18:58 | 1499770 StychoKiller

Darn! My PC Table didn't make the list!

Wed, 07/27/2011 - 10:33 | 1497697 baby_BLYTHE

We should freeze Timma and Benny in Carbonite for the next 50 years so they can see the other side of the apocalyptic mayhem they are creating.

Wed, 07/27/2011 - 11:12 | 1497915 yipcarl

do you really think this is on accident? Do you really think Timmy and Benny just dreamed this up in their beds with no outside influence? OMG. it's wholly and totally controlled. i mean DUH.

Haven't you 'intellectuals' read the Creature from Jekyll Island by Ed Griffin? Turn to page 437 and 438. This book was written in the late 80's. If what is happening in our economy is all organic...why is it this author gave us the playbook for what is happening 20 years ago?

IF any of you want to know wants going on get the book and read it...while your at it...check those pages for an intinerary of where we are heading...OR Don't and stay stupid, it's up to you.

Wed, 07/27/2011 - 10:36 | 1497705 Fish Gone Bad

Sweet. I am thinking that whomever gave you down marks has not seen the Star Wars movies, or in the more likely case, are just plain old vanilla flavored retards.

Wed, 07/27/2011 - 11:23 | 1497962 espirit

Could I get that in the "Princess" model?

Wed, 07/27/2011 - 11:53 | 1498077 Miss Expectations

"I think my eyes are getting better. Instead of a big dark blur, I see a big light blur."

Wed, 07/27/2011 - 10:18 | 1497615 Cdad

dup

Wed, 07/27/2011 - 10:17 | 1497618 Cdad

Restaurant stock bubble is bursting. Gee, who could have seen that one coming?

Wed, 07/27/2011 - 10:29 | 1497674 HelluvaEngineer

Those fading MomoFader

Wed, 07/27/2011 - 10:17 | 1497619 papaswamp

Might want to hit the ATM before the M1s deploy…..

Wed, 07/27/2011 - 10:18 | 1497624 Seize Mars

Whose P&L is on the lower part of the graph? Looks like tuition at the skool of hards knocks.

Wed, 07/27/2011 - 10:19 | 1497628 WoodMizer

Fiat, equities, and bonds are imploding, yet google trends top 20 are concerned with bread and circus.

TPTB are preparing the hogs for the slaughter house.

Wed, 07/27/2011 - 10:20 | 1497631 El Viejo

Wake me when it's over. Forget the pseudo-success rally see you in Oct/Nov. ZZZZZZZZZZZ

Wed, 07/27/2011 - 10:20 | 1497633 caerus

(presses fingertips together) Excellent...

Wed, 07/27/2011 - 10:25 | 1497651 GiantWang

Thank . . . You . . . Mr. Burns.

Wed, 07/27/2011 - 11:04 | 1497870 caerus

Well, that's odd ... I've just robbed a man of his livelihood, and yet I feel strangely empty. Tell you what, Smithers - have him beaten to a pulp.

I could crush him like an ant. But it would be too easy. No, revenge is a dish best served cold. I'll bide my time until ... Oh, what the hell. I'll just crush him like an ant.

What good is money if it can't inspire terror in your fellow man?

- C. Montgomery Burns

Wed, 07/27/2011 - 10:22 | 1497637 JSD

Insert "public" between "no" and "news".

Wed, 07/27/2011 - 10:27 | 1497658 duncecap rack

That's an excellent point.

Wed, 07/27/2011 - 10:23 | 1497643 treemagnet

Damn the torpedoes!

Wed, 07/27/2011 - 10:25 | 1497645 swissinv

and how does that look against the risk basket???

Wed, 07/27/2011 - 10:24 | 1497646 KnightsofNee

Fuck this shit. I am going back to my PS3 and Call of Duty Modern Warfare USA to hone my skills. It just seems more real to me. A virtual world (now that a virtuous one is safely in the dust bin of history) is more to my liking.

Team Deathmatch!

Maximum prestige bitchez!

Wed, 07/27/2011 - 10:26 | 1497654 Dr. Engali

Welcome to the Matrix

Wed, 07/27/2011 - 11:15 | 1497926 yipcarl

that's a great solution...play video games....

Wed, 07/27/2011 - 10:25 | 1497650 collegepunk

the TICK distribution on the ES is absolutely terrible

Wed, 07/27/2011 - 10:26 | 1497652 OpenEyes

S&P - AU spread just hit $312. Not a technical spread I realize, but one I've been following since gold first went above the S&P a couple of years ago. I like to follow this as a quick back-of-the-napkin calculation of how I'm doing. Looking for that number to get much bigger over the next 6 months.

Wed, 07/27/2011 - 10:26 | 1497653 dbach

Congress people do silly things when the markets are plunging (like most people really). I postulate they will simply extend the debt limit til Jan. while they "look for savings". This plunge is just a warning shot across DC's bow.

Wed, 07/27/2011 - 10:27 | 1497659 cat2

fat finger

Wed, 07/27/2011 - 10:28 | 1497662 Chippewa Partners

Meanwhile back at HFT central netflix is on the move!!!

Wed, 07/27/2011 - 10:28 | 1497663 dwdollar

Burn baby burn.

Wed, 07/27/2011 - 10:28 | 1497664 Dr. Engali

Time to take her down. Wall street needs us to take on more debt. Gotta scare the pleebs.

Wed, 07/27/2011 - 10:28 | 1497666 mynhair

Keep that chart porn cummiong!

Wed, 07/27/2011 - 10:31 | 1497686 KnightsofNee

Was it good for you? Thanks for the reach around.

Wed, 07/27/2011 - 10:36 | 1497704 papaswamp

Wish they could stream live on ZH…better than Netflix

Wed, 07/27/2011 - 10:31 | 1497685 RobotTrader

Finally, a lot of the IBD Top 50 "Riverboater" names are getting smashed today.

FOSL, DECK, ILMN, etc.

Wed, 07/27/2011 - 10:47 | 1497760 JSD

Yeah, but if you listened to Dan Zanger, you would have already made $80mm off of $10k this year.

Wed, 07/27/2011 - 10:31 | 1497688 Catullus

Buy the dip in miners.

Wed, 07/27/2011 - 10:44 | 1497734 Long-John-Silver

Mines are subject to nationalization by the host country. The instant the host government want's that mine for whatever reason it becomes theirs and it's stock value becomes zero.

Not one mine in the entire world is safe from nationalization including the USA. The riskiest trade are miners, especially mines that produce Rare Earth metals, Gold, Silver, and Copper.

Wed, 07/27/2011 - 10:32 | 1497689 Tense INDIAN

Bank Nifty

Wed, 07/27/2011 - 10:35 | 1497701 DOT

All viewers of this page are directed to rotate their screens 90 degrees counter-clockwise.

Problem solved.

Wed, 07/27/2011 - 11:11 | 1497911 slaughterer

Better at 180 degrees.

Wed, 07/27/2011 - 10:36 | 1497706 buzzsaw99

good theater

Wed, 07/27/2011 - 10:47 | 1497761 KnightsofNee

"Down, down I come; like glistening Phaethon,

Wanting the manage of unruly jades."

Wed, 07/27/2011 - 10:38 | 1497716 Calculated_Risk

fore!!!!

Wed, 07/27/2011 - 10:43 | 1497732 caerus

put them in the "iron maiden"

run to the hills

Wed, 07/27/2011 - 10:43 | 1497738 High Plains Drifter

i know robo is on the right side of this. i just know it.........

Wed, 07/27/2011 - 10:44 | 1497739 mynhair

Who's got the Milk Duds?

Wed, 07/27/2011 - 11:01 | 1497855 High Plains Drifter

back in the 50's , i would love it when my dad went to sears and roebuck on saturday mornings. i would go over to the candy counter and buy a bag of milk duds for 10 cents........

Wed, 07/27/2011 - 10:45 | 1497745 sbenard

Big Blue, meet DEEP RED!

Wed, 07/27/2011 - 10:47 | 1497750 Hedgetard55

A nice 2500 point DOW flash crash would make a nice buying opportunity for the inevitable rebound when a deal is struck.

Wed, 07/27/2011 - 10:47 | 1497756 sbenard

We're back to the 50-day MA for support!

Wed, 07/27/2011 - 10:53 | 1497788 candyman

someone remind me of the new short sale rules?

Wed, 07/27/2011 - 11:13 | 1497919 slaughterer

Gotta tick upwards before you can short. The uptick rule.

Wed, 07/27/2011 - 11:13 | 1497920 jackpile

PLEASE Tyler, please re-enable full RSS feeds! This was so wonderful before. Nice on iPhone where browser sucks then can reac full Beauty on chrome at work.

Wed, 07/27/2011 - 11:23 | 1497958 franzpick