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"You Are Here"

Tyler Durden's picture




 

A casual reminder courtesy of Edwards Jones.

P.S. the arrow is ours...

h/t nolsgrad

 

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Fri, 03/16/2012 - 18:23 | 2263648 TheAlchemist
TheAlchemist's picture

The other 90% are living off government stimulus.

Fri, 03/16/2012 - 18:27 | 2263664 CrazyCooter
CrazyCooter's picture

They need to fix this so it tightents into a singularity ... then I think they would pretty much have it nailed down!

Regards,

Cooter

Fri, 03/16/2012 - 20:38 | 2263993 AldousHuxley
AldousHuxley's picture

no such thing as survivalist in USA....

 

for real survivalists look into the jungles of Amazon.

Fri, 03/16/2012 - 22:14 | 2264199 Bendromeda Strain
Bendromeda Strain's picture

I'd like to look into your sucking wound...

Sat, 03/17/2012 - 02:51 | 2264485 Prometheus418
Prometheus418's picture

Fuck You, AH.

I was raised by a member of the Michigan Militia, and just because you are inadequate in the face of nature doesn't mean a goddamn thing.  Come SHTF, I'll burn the fat from your corpse so that I can take a comfortable shower.

Seriously- get your head straight.  I understand that many metro areas have safety nets all over, but the US is far to large to paint with one brush.  Where I live, everyone is one generation, at most, from the family farm- and it takes longer than that for the old ways to die.  Just because you live in New York/Chicago/LA, that doesn't qualify you to comment on the abilities of those who live in the North Woods, Appalachia, the Rockies, or the Bayou.  Come the Rapture, we're going to take the shit we want outta your pockets, and leave you where you sit to rot.  It won't even come to a fight- you'll just die when the supermarkets run out of food and the highways clog.

The cities will be hell on Earth, I have no doubt of that- but here in the great no-where, life will feel a little bump, and then continue on (perhaps a little more primitively) as usual.

 

Sat, 03/17/2012 - 09:21 | 2264688 BeetleBailey
BeetleBailey's picture

Really now? YOU are the authority on this?

Go jump off a bridge - let's see if you survive that, you twat.

Fri, 03/16/2012 - 18:30 | 2263668 redpill
redpill's picture

Natural survivor tip of the day: Hard liquor is an excellent stockpile item.  It doesn't go bad, it has a variety of uses, and recognizable brands are good for bartering.  And in case of impending doom such as an extinction event, you can always get shitcanned before the asteroid hits.

Fri, 03/16/2012 - 19:15 | 2263804 JohnKozac
JohnKozac's picture

I'll wait until after St Paddy's Day, then stock up on all the cheap left over green beer and sell at sky high prices next year.....if it's not imbibed by then.....

Fri, 03/16/2012 - 21:45 | 2264136 BooMushroom
BooMushroom's picture

Year-old coors light has very little value.

Fri, 03/16/2012 - 23:43 | 2264335 ruffles
ruffles's picture

Brand-new coors light has very little value.

Sat, 03/17/2012 - 04:03 | 2264518 Conrad Murray
Conrad Murray's picture

Big Enos and Little Enos would disagree.

Fri, 03/16/2012 - 19:29 | 2263829 MolotovCockhead
MolotovCockhead's picture

Hard Liquor is a bad idea if you don't have rock solid will power! It's too easy to come up with excuses to drink away your life saving if you are like me ;)

Fri, 03/16/2012 - 19:45 | 2263865 hadriansnightmare
hadriansnightmare's picture

Good grief- I hope most of you guys know a good moonshiner - Where I'm going there will be plenty of hard liquor....

Fri, 03/16/2012 - 20:05 | 2263911 logicalman
logicalman's picture

Sounds like a PLAN!

Fri, 03/16/2012 - 20:58 | 2264031 chinaguy
chinaguy's picture

Cases of "pints" of name brand - Jack Daniels, Maker's Mark etc. Input costs are only going to rise & the product will not degrade over the next 50 years.

prepers take note:

 

Fri, 03/16/2012 - 18:35 | 2263697 Sudden Debt
Sudden Debt's picture

Can't save em all so why stop at a red light right? STEP ON IT!!

Fri, 03/16/2012 - 18:47 | 2263741 Buck Johnson
Buck Johnson's picture

They Op is wrong, we aren't there where closer to the Fear than at the top of Euphoria. 

Sat, 03/17/2012 - 10:17 | 2264742 It was not me
It was not me's picture

Can you believe this shit! On Friday I just went all in and shorted USD against everything on my Armada Markets trading account. All muppets, sorry, all Goldman Sachs clients can take the either side of this trade.

Fri, 03/16/2012 - 18:22 | 2263644 BigMike
BigMike's picture

I've figured out a way to eat Ipad's so it's all good.

Fri, 03/16/2012 - 18:28 | 2263660 Pool Shark
Pool Shark's picture

 

 

I don't know about eating iPads, but you can blend 'em:

http://www.youtube.com/watch?v=lAl28d6tbko

Fri, 03/16/2012 - 18:37 | 2263705 BigMike
BigMike's picture

THIS MOTHERFUCKER IS ON TO ME!

Fri, 03/16/2012 - 19:55 | 2263887 Diet Coke and F...
Diet Coke and Floozies's picture

LMAO The future is NOW!

Fri, 03/16/2012 - 21:02 | 2264046 V in PA
V in PA's picture

But I was told we are winning the future. So what you're saying is that we are currently winning? WTF!

Fri, 03/16/2012 - 22:37 | 2264256 Sokhmate
Sokhmate's picture

Actually, the future is the past. So we've won already. It doesn't get any better. Plan accordiongly.

Fri, 03/16/2012 - 18:29 | 2263673 Sudden Debt
Sudden Debt's picture

It's all about the right cuison he?

Fri, 03/16/2012 - 18:30 | 2263676 happel
happel's picture

Crunchy. Tastes like chicken.

Fri, 03/16/2012 - 18:32 | 2263680 redpill
redpill's picture

The Li-ion battery can cause indigestion, fyi.  Keep the pepto handy.

Fri, 03/16/2012 - 18:23 | 2263652 rlouis
rlouis's picture

"You can fool some of the people all of the time, and those are the ones you should concentrate on."  GW Bush (for real)

Fri, 03/16/2012 - 18:27 | 2263663 ZeroPower
Fri, 03/16/2012 - 18:38 | 2263709 AldousHuxley
AldousHuxley's picture

Bush was wrong.....fooled once got fooled again and again...against their own economic interests.....he got reelected

 

you can't eat iPads and you can't eat Bible.

 

But you can't fix stupid, so you can exploit stupid over and over again.

 

Any wonder why Bushes went to Texas?

 

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

 

 

 

Fri, 03/16/2012 - 18:50 | 2263748 Debt-Penitent
Debt-Penitent's picture

Fool me once, shame on you.
Fool me twice, you've got boobs.

Fri, 03/16/2012 - 18:55 | 2263763 Clint Liquor
Clint Liquor's picture

You funny!

Fri, 03/16/2012 - 18:25 | 2263658 Sleepless Knight
Sleepless Knight's picture

This plot looks like my age - not over the hill but I have a damn good view!

Fri, 03/16/2012 - 18:25 | 2263659 xtop23
xtop23's picture

I think the slope down from Euphoria will be quite a bit steeper than that.

 

Fri, 03/16/2012 - 18:38 | 2263707 blu
blu's picture

Which of those troughs represents the Dark Ages?

Fri, 03/16/2012 - 18:35 | 2263696 The Watchman
The Watchman's picture

like wile-e coyote chasing the road runner off a cliff

 

http://www.youtube.com/watch?v=_d8ROhH3_vs

Fri, 03/16/2012 - 18:26 | 2263661 Below Zero
Below Zero's picture

“ this sucka could really go down” President Bush


Fri, 03/16/2012 - 18:39 | 2263711 Sudden Debt
Sudden Debt's picture

The boat leaves tomorrow morning and you better be on it because I sold this land to the chinese.
. Obama Barack

Fri, 03/16/2012 - 18:44 | 2263730 Rainman
Rainman's picture

When you hot you hot !

Fri, 03/16/2012 - 18:28 | 2263665 dolly madison
dolly madison's picture

Except volumes are low, so everyone else isn't buying.

Fri, 03/16/2012 - 18:32 | 2263683 happel
happel's picture

At the moment you see mutual fund flows increasing in size, run for the hills. When the 'individual' investor flocks back into this market, they will most assuredly get fleeced.

Fri, 03/16/2012 - 19:02 | 2263778 Gift Whores
Gift Whores's picture

It's lonely at the top of euphoria and irrational exhuberance.

Fri, 03/16/2012 - 20:50 | 2264015 Raisuli
Raisuli's picture

From what I saw, volume is up today much more than the daily volume over the last few months. No?

Fri, 03/16/2012 - 18:29 | 2263669 J 457
J 457's picture

This is going on my wall as a daily reminder- thanks ZH! 

Fri, 03/16/2012 - 18:29 | 2263672 AldousHuxley
AldousHuxley's picture

Obama told Bernanke to ramp up the money juice until election time.

 

pump-n-dump....volume = house wins

Fri, 03/16/2012 - 18:36 | 2263698 ThisIsBob
ThisIsBob's picture

Bernanke has to get Obama reelected otherwise he is back to Princeton to live off the proceeds of students' loans, or some other similar manly endeavor.

Fri, 03/16/2012 - 19:35 | 2263845 AldousHuxley
AldousHuxley's picture

Bernanke doesn't care about money.

But losing position as Fed means no more playing G O D.

 

You can buy Chinese made junk with small money, but when it comes to power over society's resources, you need a lot of money. That's why rich business people spend all they've earned to try to buy themselves into political positions.

 

Meg Whitman spent $160,000,000 for CA governorship and even that wasn't enough.

Fri, 03/16/2012 - 20:30 | 2263974 lotsoffun
lotsoffun's picture

i had never considered the trickle down effect.  nice of her actually.  think about corzine, he trickled a lot.  and had lots of fun doing it.  i guess at some point he decided he had trickled a bit too much and needed to ooze some back up.  bloomberg up next?

 

Sat, 03/17/2012 - 15:24 | 2265266 RockyRacoon
RockyRacoon's picture

Shame to see all that eBay money going to waste...    I know I helped fund her campaign with my exorbitant eBay fees selling crap there.

Fri, 03/16/2012 - 18:32 | 2263681 Gidas19
Gidas19's picture

"You are here", better title would be "This is the time to go long according to Goldman Sachs"

Fri, 03/16/2012 - 19:07 | 2263785 knukles
knukles's picture

Sometimes I feel like a rejected muppet sex doll.

Fri, 03/16/2012 - 19:33 | 2263840 chump666
chump666's picture

lol

Fri, 03/16/2012 - 20:55 | 2264027 Raisuli
Raisuli's picture

My ex-wife got those in the divorce.

Fri, 03/16/2012 - 18:33 | 2263686 thatthingcanfly
thatthingcanfly's picture

Hey, where's the nice financial advisor with the laser pointer telling me that if I buy at every stage along the sine curve, I'll make money, and this is caused "dollar cost averaging," at which you can never lose, as the market always goes up on a long enough timeline?

Fri, 03/16/2012 - 19:44 | 2263862 Esso
Esso's picture

Long timeline, yes...

Punch the DJIA from 1999 into the BLS inflation calculator and it tells you the DJIA would have to be north of 30,000 today just to be even.

I think we're gonna need a longer timeline.

Fri, 03/16/2012 - 18:33 | 2263687 OutLookingIn
OutLookingIn's picture

Hot air rises.

As in a BIG bag of hot air! Until it doesn't!

Fri, 03/16/2012 - 18:35 | 2263693 blu
blu's picture

I think that chart is wrong in one respect.

After "surrender" it should not go up to "optimistic" but continue downwards into another level called "abject surrender" then further down into "the black pit of despair" below which the curve would bottom out at "please just kill me now" before it rises a little bit to "oh my god this hurts so much I could die" where it remains flat for 3,000 years.

Otherwise it's cool.

Fri, 03/16/2012 - 18:37 | 2263694 akak
akak's picture

That graph looks like a typical siphon hose --- but to be fully accurate, it should have the average citizen's wallet on one end, and the Fed, Washington and Wall Street on the other.

Fri, 03/16/2012 - 18:35 | 2263695 NFisher
NFisher's picture

We are at peak-Euphoria? right.

Fri, 03/16/2012 - 18:38 | 2263706 tabasco71
tabasco71's picture

"it's ok, I'm a long term investor"

ROFL... if I had a gold nugget for every time I'd said that....

Fri, 03/16/2012 - 18:42 | 2263725 blu
blu's picture

It's okay if you define "long term" in the new normal, in which case it would be something like 3 minutes.

The average retention time on a stock purchase is now 22 seconds (up from 20 seconds last year).

Fri, 03/16/2012 - 19:09 | 2263795 knukles
knukles's picture

Sounds like CalPers with Goldman day before the Giants tickets get allocated.

Fri, 03/16/2012 - 21:53 | 2264152 BooMushroom
BooMushroom's picture

Pithy. You got a cite for that? I'd love to share it with friends and family.

Fri, 03/16/2012 - 22:00 | 2264168 mt paul
mt paul's picture

if i had a gold nugget for every time i said that

 

well by golly i do....

 

http://www.youtube.com/watch?v=3ONWeR2UbZo&feature=related

 

watch it and weep...

Fri, 03/16/2012 - 18:45 | 2263710 Cash-NonCash
Cash-NonCash's picture

Ah the good ol' days: training to sell pikers BAC at Edward Jones.  Times were simpler then, and the Aramark taco bar was dee-vine! You Jones alum know what I mean.  I fondly remember the cycle of investor emotions chart, along with other winners like the hamburger, and the trust-o-meter.

Thanks for the memories Tyler!  Now please excuse me while I go vomit.

Fri, 03/16/2012 - 18:47 | 2263739 blu
blu's picture

No no -- vomiting is next quarter. You're supposed to be euphoric now.

Go back and study the chart otherwise they'll drag you off to The Peoples' Justice Re-Education Center ... again.

Fri, 03/16/2012 - 19:10 | 2263799 Cash-NonCash
Cash-NonCash's picture

I successfully dodged the chip install for years.  After leaving Jones I gave in and chucked my moral compass, least not fit in or get promoted.  Now excuse me while i go vomit... again.

Fri, 03/16/2012 - 22:15 | 2264202 centerline
centerline's picture

Remember this is ZH and we are usually early to the party.  LOL.

Fri, 03/16/2012 - 18:44 | 2263720 kengland
kengland's picture

Stupid post. There is no market when central banks are buying shares. How fulking many times does it take for ZH to get that?  The contradiction and repetitiveness is just as bad as anything mainstream

Fri, 03/16/2012 - 18:46 | 2263736 Caviar Emptor
Caviar Emptor's picture

There is no spoon = there is no market. 

It's not the market that moves...it's only the Bernank

Fri, 03/16/2012 - 18:47 | 2263740 Gidas19
Gidas19's picture

your r probably thinking "it's ok I'm a long term investor"...

Fri, 03/16/2012 - 19:30 | 2263827 knukles
knukles's picture

So I was opening an account the other day and ya'll know them questions ya' gotta answer.  All sorts of drivel about risk, wealth, liquid assets, mental health, alcohol and drug abuse, sexual preferences with your half sister whose also your cousin and why the open sores on your back wouldn't stop oozeing that green puss. 
I'm still wondering how he knew about that....
I told him everything. 
After 3 hours I think the poor guy wanted to go home.  Hell, it was only 7:00.  He can microwave is fucking dinner like any other hard working honest American worried about keeping his job.    
Then he asked me if I was Tyler Durden.  
Seriously.
"Are you Tyler Durden?"
He asked me that!
What a fucking star.
Poor kid has no idea how badly I'm gonna fuck with him.

Fri, 03/16/2012 - 21:15 | 2264076 WonderDawg
WonderDawg's picture

Get him, Knuksie!

Sat, 03/17/2012 - 14:01 | 2265099 knukles
knukles's picture

Hey Dawg!
I was just thinking during my morning meeting about clarity.  Our  speaker read the last 4 or 5 paragraphs of the last story... wonderfully powerful stuff...
And so Knukie as you understand him refocuses from the spiritual to just how easy and fun it is to fuck with people who deserve it, in sobriety. 
They just don't know what to do, how to react to such clarity, sincerity, honesty and openness.
Ha hah hah ha ha ha ha ha hah...
And Thursday, BTW, snuck out to a round mid day as we're got rain for the next week or so and pegged another 84.  Whoopie. 
Ya'll be good my man.
God Bless
Knuks 

Fri, 03/16/2012 - 21:44 | 2264089 Clay Hill
Clay Hill's picture

Best chuckle yet today... makes me anxious for my yearly performance evaluation.

My mild mannered bossman is always saying "as long as you're thinking, I'm not worried".

He hasn't twigged yet how much how much HIS thinking has been affected having ME around.

For a year or more now, I've been feeding the poor shlub a steady diet of " Central Banking this, Primary Dealers that, and so forth. Occasionally I'll throw in " Buy Silver, or Storage Foods" just to keep him guessing.

Yesterday, Our Lady of Capital Accounts and Pension Planning was overheard to say in a meeting that "the economy is improving, nay,... APPEARS to be improving for the short term".
If I had blinked, I might have missed the all too brief flash of consternation before his features returned to their accustomed placidity.

Fortunately for me, no one took notice of my reflexive *chortle*... (maybe it was a guffaw).

Ah well,... another day.

Sat, 03/17/2012 - 03:15 | 2264495 Prometheus418
Prometheus418's picture

Attaboy, Knuckles.

FWIW, I think you should be one of the Tylers.  Give it to him with both barrels, and then make him stnad on your porch for a few days.

Fri, 03/16/2012 - 19:40 | 2263855 chump666
chump666's picture

there not buying shares directly.  they pump up and keep bond/credit markets liquid, it's just that flows of money end up in spec trading.  Cental Banks manipulate curves, so they have created a massive illusion of stability hence the current stock market bubble.  

Fri, 03/16/2012 - 18:43 | 2263727 Paul Thomason
Paul Thomason's picture

So goes Apple, so goes the market - 'Apple Enters Danger Phase' - worth a read.

Fri, 03/16/2012 - 18:44 | 2263729 Sudden Debt
Sudden Debt's picture

I've heard the toothfairy gives you a dollar for every tooth you kick out of somebody's mouth. Anybody feel like going on a citytrip to wallstreet and make a fortune?

Sat, 03/17/2012 - 03:17 | 2264496 Prometheus418
Prometheus418's picture

I think that it's more like $5, based on inflation.  Charter a bus, and I'll be there with my steeltoes.

Fri, 03/16/2012 - 18:45 | 2263732 Blotsky
Blotsky's picture

Funny, for those without prudence, that chart sums up life in general.

Fri, 03/16/2012 - 18:47 | 2263738 Tordenskjold
Tordenskjold's picture

Thank god I live in EU-phoria.

Fri, 03/16/2012 - 18:50 | 2263747 Azwethinkweiz
Azwethinkweiz's picture

On a long enough timeline the survival rate of everybody drops to zero. Especially, if you glance at this timeline of moral panics in the last decade. I believe the children are our future and once we get back into optimism territory, these bright shining stars will certainly lead the way to a better tomorrow.

 

http://gawker.com/5891061/from-rainbow-parties-to-butt+chugging-a-timeli...

Fri, 03/16/2012 - 18:56 | 2263765 slewie the pi-rat
slewie the pi-rat's picture

the worstest roller~coaster accident in the history of no hands happened when the chain broke, right about here, BiCheZ!

who dat?  this is the peteTownsend roller~coaster ending:  "we won't get fooled, again!"

Fri, 03/16/2012 - 19:38 | 2263854 Yen Cross
Yen Cross's picture

Trade oil slewie. The VIX is over 25. /sarc (Forget that carry trade idea I had.) Japan will probably be A BUY OVER THE NEXT COUPLE OF WEEKS. Exporters repatriating yen through the end of March.

Fri, 03/16/2012 - 19:44 | 2263861 slewie the pi-rat
slewie the pi-rat's picture

Y/C, i am so long the stratRez that i should carry a warning about anal leakage...

Fri, 03/16/2012 - 20:15 | 2263934 Yen Cross
Yen Cross's picture

 Hey Slewie, I want to indirectly get some crude exposure. More as a hedge.  The volatility (cost), of owning the stocks " detours me".

  I was thinking of looking at [OXY] , in May and running some (options spreads). They will be a little cheaper then, and it's a good hedge on some of my currency trades. Any thoughts. I'll send you a email if you want.

Sat, 03/17/2012 - 02:03 | 2264460 slewie the pi-rat
slewie the pi-rat's picture

occidentalPete is where georgeBushI got started isn't it? 

pretty spooky!  L0L!!!

you sound like you know what you're doin, Y/C;  you know the value of a cheap spread, so the rest is style and some luck doesn't hurt either

not sure how this goes w/ the currencies;  shouldn't both trades be able to stand alone? correlation is tough to maintain, sometimes, and i just don't know what you'd be trying to achieve, i guess...

sounds like a fun experiment, tho!

p.s.:  don't blow up the laboratory!  Hahaha! 

Sat, 03/17/2012 - 03:00 | 2264490 Yen Cross
Yen Cross's picture

 I'm a currency guy Slewie.   I Trust you.

  We have the Flash Crash! I know you are Honest!

Fri, 03/16/2012 - 19:08 | 2263791 tickhound
tickhound's picture

I'm definitely looking forward to some volatility.

Fri, 03/16/2012 - 19:16 | 2263808 Below Zero
Below Zero's picture

I will drink some absinthe and hopefully the "green fairy" will appear and tell me what to do.

Fri, 03/16/2012 - 19:28 | 2263823 Yen Cross
Yen Cross's picture

 I give up! 00 comes to mind as in Infinity. The damn infinity symbol turns into a ? , every time I use the alt-236 key for it!

Fri, 03/16/2012 - 22:09 | 2264186 i-dog
i-dog's picture

.

Sat, 03/17/2012 - 00:44 | 2264405 Yen Cross
Yen Cross's picture

PLUS ONE!   Wasn't me. Perhaps someone is listening?

Sat, 03/17/2012 - 08:57 | 2264671 i-dog
i-dog's picture

LOL ... I get downrated just for making a point! Must be my fan club ... but at least one person appreciated me not saying more!

(FWIW, I had posted a reply to your point about infinity, then noticed that my brilliant suggestion didn't work either, so deleted it).

Fri, 03/16/2012 - 19:27 | 2263824 azzhatter
azzhatter's picture

I'm not worried, I'm with GS. They'll protect me

Fri, 03/16/2012 - 19:32 | 2263836 Catullus
Catullus's picture

Bullish.

Where's the "Yeah right, what a bunch of bullshit" phase?

Fri, 03/16/2012 - 19:35 | 2263844 Sandoz
Sandoz's picture

You seriously think we're at the top of a market cycle?  

When I think of the type of Euphoria the graph is indicicating, I think back to the tech bubble. What we're in now is absolutely nothing like that. That doesn't mean that we won't see a correction, but we're nowhere near "irrational exuberance" land. There's still a lot of doubt and worry virtually every where you look. 

Fri, 03/16/2012 - 21:26 | 2264094 WonderDawg
WonderDawg's picture

Right, which is why I think we're over the hump emotion-wise, but the market is still at the euphoric top due to manipulation, and when the manipulation is no longer effective (we've seen the effectiveness deteriorate over the last couple of years, with interventions having shorter shelf lives, requiring more and more drastic measures) the market will suddenly catch up to the emotions in a sudden and "unexpected" crash. I think we are ever so close right now. This month, perhaps.

Disclosure: I'm still slack-jawed they've been able to levitate the markets for this long.

Fri, 03/16/2012 - 22:21 | 2264203 akak
akak's picture

.

I'm still slack-jawed they've been able to levitate the markets for this long.

I was slack-jawed at least a year ago now --- I think I am now into the dropped-jaw-drooling-in-amazement-and-abject-fear-while-the-thread-unravels-holding-the-Sword-of-Damocles-above-my-head stage right about now.

Fri, 03/16/2012 - 23:55 | 2264348 Bartanist
Bartanist's picture

They just pick the end of the day number, turn on the computers that run 97% of the daily volume then head out to the golf course.

Fri, 03/16/2012 - 22:22 | 2264220 centerline
centerline's picture

Same here.  Can't say I am surprised.  But I am amazed.  I suppose the system is so big and so complex, a great deal of sloshing around is bound to occur beyond what we think is really possible.  I sort of compare it to a simple business that is leveraged and continues to lose money... it can go on for a long time it seems until something causes cash flow to lock up.  Then is it all over in an instant.  That moment is out there somewhere waiting for us and I just know we wont see it coming (well, some of us, thanks to ZH, will have a little advance notice - but not much).

Have a great weekend WD and all.

Fri, 03/16/2012 - 19:36 | 2263846 Downtoolong
Downtoolong's picture

Ooohhh, if only this were a typical market cycle. They wish.

Just a side note, I visited with a local Edward Jones rep once. They use a lot of these simple visual aids to try and explain things to their clients. I guess it says as much about their typical client as it does Edward Jones. You should see the cardboard risk/reward pyramid.   

Fri, 03/16/2012 - 19:43 | 2263858 WallStreetRanter
WallStreetRanter's picture

Now I'm assuming whoever made the original chart wasn't honest enough to add the arrow.......

The Wall Street Ranter

Fri, 03/16/2012 - 19:48 | 2263875 junkyardjack
junkyardjack's picture

From the postings it seems like we're more at the "I'm not getting fooled again" point

Fri, 03/16/2012 - 20:04 | 2263901 Yen Cross
Yen Cross's picture

 I had lunch wwith My Mother today. She owns APPL from 200. She want's to buy more, because those CNBS ass holes got to her.

   THANK GOD, I was able to take her inside my home, and pull up all those [ ZERO HEDGE] Favorites in my laptop!

  I explained the "Vampire SQUID' , and low volume with her. I explained the Depression in Europe, and the real estate meltdown in China.  Then we discused (GAS PRICES, HEALTH CARE, INTEREST RATES and such. 

   She had some questions. Mostly "quality of living" based. I kindly answered them with one( or 2) of my own.

    Are You Better off today, then you were 3.5 years ago Mom? Do you feel safer Mom?

Fri, 03/16/2012 - 20:23 | 2263958 lotsoffun
lotsoffun's picture

i have been having the same conversations with people for 25 years.  at best - 'you have made a 300 percent return.  have you done that before?  have you seen it before?  will it continue?  isn't it enough?  can you take some money off the table?  and at worst - 'consider selling half and keeping half in that way you lock in some return'  does everyone really think everything can go up forever?  why do i even bother to speak to people.  not sure.

 

Sat, 03/17/2012 - 00:48 | 2264409 Yen Cross
Yen Cross's picture

 Thank you. Perhaps more people will listen to their " GREAT" Grand parents.

Fri, 03/16/2012 - 20:31 | 2263980 blunderdog
blunderdog's picture

  Are You Better off today, then you were 3.5 years ago Mom? Do you feel safer Mom?

Her AAPL's worth 3x more, but society is still just moping along. 

I'd expect her to have mixed feelings.

She made the right trade, though, and that's all that matters.

Fri, 03/16/2012 - 21:00 | 2264035 Yen Cross
Yen Cross's picture

 She liked, the take a little off the table/ BTD idea.  There ain't no dividends yet.   Her mixed feelings were, born of trust in my guidance.

  If rates are really moving up, then MONEY MARKET looks more attractive. There is always 2 sides to a trade!

Fri, 03/16/2012 - 20:05 | 2263910 rfaze
rfaze's picture

QE is a hellva drug.........

Fri, 03/16/2012 - 20:15 | 2263935 logicalman
logicalman's picture

Makes me feel like taking a walk down to Edward Jones in the morning....

JUST TO F*@K WITH THEM!

Fri, 03/16/2012 - 21:11 | 2264067 in4mayshun
in4mayshun's picture

Serious man, I used to work for EJ and that company (limited partnership to be exact) is the epitome of "The-Blind-Leading-The-Blind. They recruit college grads fresh out of school and teach them to sell muni bonds and and mutual funds. No financial education AT ALL! These goons are dumber than rocks. The few advisors that do have a brain find another job quickly and the zombie CNBC worshipers stay and con old people into guaranteed losing investments. If you wanna have some fun walk into your neighborhood EJ and tell the advisor that you have a 401k to rollover but first you have some questions about these CDS things you keep hearing about, oh and dont forget to ask them to explain what a carry trade is also.

Good times for all.

Fri, 03/16/2012 - 20:48 | 2264011 ekm
ekm's picture

I disagree with the comment. I don't think this is euphoria.

This is a blatant attempt from Primary Dealers to lure suckers. There is only one big unsolvable problem, the suckers have more liabilities than assets (paper or not) and are getting old.

They forced MF Global to buy italian bonds and MF Global got stuck with them and went spermatozoid.

From 2008:

- Bear Stearns

- Lehman

- MF Global

- Who is next?

And there is only one reason, DEMOGRAPHIC. People are old and have more liabilities than assets. Period. No more suckers.

Fri, 03/16/2012 - 21:05 | 2264050 Yen Cross
Yen Cross's picture

 I'll second that idea EKM. The retail market is 25-30% of  liquidity in a " BULL MARKET". This is NOTHING more than a lure for the banks and H/F's to sell against.

  Then the GIANT SPHINCTER   GAPES)><  shut!

Fri, 03/16/2012 - 21:20 | 2264091 ekm
ekm's picture

Thx man.

What do you think of March 19th. Nobody is talking about greek CDS auction. Few sites like FT alphaville are saying that it will have no effect.

I'm saying, who the fuck knows about all greek bonds purchases with leverage and re-hypothetication?

Any thoughts?

Fri, 03/16/2012 - 21:37 | 2264119 Yen Cross
Yen Cross's picture

 I think you got the wrong dates EKM. I suppose you know that.

     March 23rd ( London and extra circular Assets). AKA ( Non-Sovereign law bonds and other THINGS) ...

 $107 Billion. Stay tuned.

Fri, 03/16/2012 - 21:40 | 2264125 ekm
ekm's picture

Crap. Been too busy at work. My brain is having some air gaps.

107b -coooooooool

Fri, 03/16/2012 - 21:42 | 2264131 Yen Cross
Yen Cross's picture

 I'll send the numbers if you want. More than happy to verify.  The undeclared debt is 107Billion U.S. Dollars. March 23rd ISDA last call on foreign Law Bonds.

Fri, 03/16/2012 - 21:47 | 2264139 ekm
ekm's picture

Well, this is proof that your comment about peeling off charts 24/7 is no exageration at all.

Fri, 03/16/2012 - 20:51 | 2264016 Gamma735
Gamma735's picture

The chart does not take into account the eventual belief that the market is a rigged game and then the person refuses to ever play again.

Fri, 03/16/2012 - 21:00 | 2264038 ekm
ekm's picture

Well formulated.

Sat, 03/17/2012 - 13:14 | 2265013 the grateful un...
the grateful unemployed's picture

yeah and there are certain parallels to celebrity and the mass media, consider just about any of the mediocre talents today. half the country doesn't know who they are and doesn't care. but you place a thousand people in front of a stage (maybe a hundred are dancing up and down, and the sound of the applause is amplified.) its the answer to the zen koan, what is the sound of one hand clapping. the answer, a celebrity. Cramer leads the applause, (because no one else cares) and the CNBC pom pom girls who automatically say the market is up without looking, then retract if they're wrong. like cigarette makers, the stock market will always find a generation of young kids to market.

Fri, 03/16/2012 - 21:13 | 2264072 the 300000000th...
the 300000000th percent's picture

Its a sine wave??

Fri, 03/16/2012 - 21:26 | 2264101 Pairadimes
Pairadimes's picture

Well, I've surrendered my optimism, which if I understand this chart correctly, turns my market cycle into a Mobius strip, which is prophetic.

Fri, 03/16/2012 - 22:02 | 2264174 rsnoble
rsnoble's picture

So far the cycle looks correct. "However"---I think when we reach "this time is different"---it really will be.

Fri, 03/16/2012 - 22:06 | 2264182 rsnoble
rsnoble's picture

And I do have substantial reasonings for this: Take for instance daily chart patterns that repeat time after time. After 4 times or all us muppets recognize it, buy into it and get our asses kicked.

Now we're already theorizing "this time is different" at a future point in time.  This world is fucked up, with enough bombs to blow the entire planet up 1,000's of times.  I won't be surprised if the next "this time is different" will equate to end of humanity.

Fri, 03/16/2012 - 22:53 | 2264279 logicalman
logicalman's picture

Decent hypothesis.

The deranged psychopaths who run the place are OK with spending insane amounts of (stolen) money building enough weapons to destroy humanity x number of times and are capable of finding a way to, at least, in their own twisted minds, to justify the madness are the really scary thing.

Based on the evidence, the bastards could very easily make a species-ending mistake.

Sleep well.

Sat, 03/17/2012 - 13:17 | 2265019 Vince Clortho
Vince Clortho's picture

Bullish.

Fri, 03/16/2012 - 22:19 | 2264215 Yen Cross
Yen Cross's picture

 Hiding EKM, solves very little. Or is it an alter EGO?

Sat, 03/17/2012 - 12:11 | 2264916 ekm
ekm's picture

Sir,

I love insulting and getting insulted but only face to face. If you ever get around Toronto, we could sit down and have a debate about finance, religion, sports (soccer is the emperor of sports), science, biology, philosophy, you name it. I like insultting people only face to face.

As to now, it's Parma - Milan at 1pm Toronto Time and later at 3.45 it's Fiorentina Juventus- Italian Seria A. Soccer takes priority.

Sat, 03/17/2012 - 04:20 | 2264528 Yen Cross
Yen Cross's picture

 Hey ? Does the " Red Pill" ever Sleep?  I'm burning charts and that ass hole is " Mouthing Off"?

  Independent Wealth?

Sat, 03/17/2012 - 06:43 | 2264609 blueridgeviews
blueridgeviews's picture

That chart would be accurate if the market participants were the general public.

Sat, 03/17/2012 - 08:15 | 2264649 Olympia
Olympia's picture

...Simple things happening all over Europe in exactly the same way. It was the same loansharking Goldman Sachs, that was financing the European Investment Bank and “connived" with Simitis the fiscal data of Greece, so that ECB would be justified to buy Greek bonds using Goldman Sachs money, so that Bobolas could undertake the overcost public works ...Bobolas, who was a Goldman Sachs’ partner ...it's a self-serving behavior ...and who pays for it? Fools of course! After the fall of the Berlin Wall, the loan sharks’ “trashes” have “flooded” Europe.

This was the whole trick! Simple, quick and with minimum risk. They corrupted the political leaders of the European Union and they “flattened” everything. All these beasts –Pronti or Barroso- under the auspices of the loan sharks took important posts in the European mechanisms. Using the cheap borrowed dollars of Germany, they “printed” the cheap ECB Euro in Frankfurt. Using these cheap Euro they grasped the expensive Euro of the countries and turned it into debts. They eliminated the Euro securities and all that was left in the market was the Euro bonds. Euro value was stored in the ECB vaults and the countries were left with debts. That was the “game”!

Global Debt Crisis

http://eamb-ydrohoos.blogspot.com/2012/01/global-debt-crisis.html

Taken from a MUST read article by Panagiotis Traianou.

Sat, 03/17/2012 - 09:04 | 2264675 AmazingLarry
AmazingLarry's picture

LMFAO! Like my Edward Jones guy called me at the market peak last year and made me rush in to see this all-critical graph! No, no, no...I went to HIM and told HIM the motherfucker was about to roll over and sell everything and sit in hard cash. And wouldn't you know within two weeks we had the S&P momement.

Now, here we are again. This time I warned him of the same thing, to which he had no recourse other than to threaten me if it took my IRA(s) elesewhere, I'd "blow them up!"

So, fuck him, I'm out completely....3 accounts. These people wouldn't know a steaming pile of dogshit if they were swimming in one. 

Oh, and I'll blow my accounts up alright....just like I did in 09 when I went all in and took them up 80% in a year and a half.

 

Sat, 03/17/2012 - 09:55 | 2264700 dwdollar
dwdollar's picture

Not quite.

The brown horizontal line shouldn't be horizontal. It should be exponential to compensate for the slightly lower 'surrender' point from the time before. If the most recent 'surrender' point were ever to dip below previous ones there would be deflation and a real depression. This mega-bubble we talk about so much is not just a monetary phenomenon, it is also a physiological phenomenon. What will happen when Americans realize they aren't the invincible and still ascending super-power they've been brainwashed to believe?

Sat, 03/17/2012 - 09:48 | 2264703 PMakoi
PMakoi's picture

"He who has water and peat on his own farm has the world his own way." 

Happy St. Patrick's Day

Sat, 03/17/2012 - 10:00 | 2264719 Miss Expectations
Miss Expectations's picture

You are HERE...Naked...what the heck is going on?  Euphoria?

Family disrobed at Pennsylvania school

http://www.myfoxny.com/dpp/news/police-family-chanted-disrobed-at-pa-sch...

Jason Russell...state of undress...masterbating (California)

http://www.nbcsandiego.com/news/local/jason-russell-san-diego-invisible-...

Police arrest naked man in Forest Hills (North Carolina)

http://yellowtape.blogs.starnewsonline.com/18090/police-arrest-naked-man...

Sat, 03/17/2012 - 10:05 | 2264723 Disenchanted
Disenchanted's picture

Miss Expectations posted:

 

Jason Russell...state of undress...masterbating (California)

http://www.nbcsandiego.com/news/local/jason-russell-san-diego-invisible-...

 

Isn't that one of the 'brains' behind Kony 2012

Sat, 03/17/2012 - 10:35 | 2264762 Disenchanted
Disenchanted's picture

Imagine that...

 

Police Detain Maker of Uganda Video

 

SAN DIEGO — A co-founder of Invisible Children, the nonprofit organization whose video “Kony 2012” has become an Internet sensation, was detained by the San Diego police on Thursday, after they said he was found in the street in his underwear, screaming and interfering with traffic.

 

The police found Jason Russell, the filmmaker behind the video, after responding to calls about a man who was acting irrationally, including one call that alleged he was naked and masturbating, a San Diego police spokeswoman said. He was taken to a hospital for evaluation and treatment, and the police have no plans to charge him.

 

quote from: http://www.nytimes.com/2012/03/17/us/jason-russell-kony-2012-filmmaker-h...

 

I think I'll run out to my nearest public intersection, scream, interfere with traffic, and publicly masturbate...just as an experiment to test the theory that all are equal in the eyes of the law.

 

I'm sure I'll be right back to post the results of my experiment. /s

Sat, 03/17/2012 - 11:27 | 2264831 lakecity55
lakecity55's picture

NWO op busted by independent media/bloggers.

Sat, 03/17/2012 - 10:25 | 2264752 Cole Younger
Cole Younger's picture

After the surrender, there may not be a market.

Sat, 03/17/2012 - 15:39 | 2265316 kekekekekekeke
kekekekekekeke's picture

Why is Edward Jones booming?  I see them everywhere.  In a small town in NW Oklahoma I've counted 7 seems so excessive

Sat, 03/17/2012 - 16:12 | 2265416 jackes123
jackes123's picture

sounds like they missed the ENTIRE equity bull market.

Sat, 03/17/2012 - 16:14 | 2265423 jackes123
jackes123's picture

We should see SPX make (or pretty close to) all time high.

gonna love it.

Sat, 03/17/2012 - 21:37 | 2266191 Yen Cross
Yen Cross's picture

   I>m   Perturbed!                    

Sat, 03/17/2012 - 21:41 | 2266201 Yen Cross
Yen Cross's picture

 Tyler. YOUR game is fruitless. I love EKM and SLEWIE!

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