Hurricanes happen. DECK happens. Cancer happens. This is a message going out to the world: please shut the fuck up with the platitudes, like “NYers are strong and will persevere through this.” Give me a fucking break.
Disasters are Fukushima, New Orleans via Katrina or Berlin after the allies got done with it.
This is a logistical mess, mostly because local governmental retards had no contingency plans to deal with this unnatural disaster. People lost things, personal items, health, and some lost their lives. But the slogans need to fucking stop, else I’m gonna direct my orbital space cannon at your back up generators, leaving you cold and haunted on Halloween.
Also, the NYSE should continue to suck 10 dicks for closing the exchange for 2 days. America equals liquidity, in stocks, bonds and currency. You can’t depend on Tom, Dick and Harry to swim to work, in order to allow global trade to commence. NASDAQ and BATS were ready to go, but the antiquated NYSE decided to suck 10 dicks instead of conduct business-first time since 1888.
A fucking shame.
78 Responses to SILENCE!
Does it really matter to regular folks if stocks trade for only just 1 day a week? I understand it matters to traders, the lowest form of individuals, but what does it really matter besides their bread and butter?
You haven’t thought it through.
It is imperative that corporations are valued every business day of the year, unless for scheduled holidays.
It’s a mammoth fail for the NYSE, in an age when everything is electronic.
It’s not day traders. It’s everyone.
I get that everything must be up to date every minute but does the time period really matter? Apparently, given this storm, it does not.
The NYSE isn’t NY. It’s global.
The fact that NASDAQ and BATS was ready to go, but NYSE couldn’t should tell you everything.
If Nasdaq was ready to open why didn’t they? And just because BATS is called and exchange doesn’t mean it really is. It is just a glorified ECN.
NASDAQ is owned by the NYSE, and they kept it closed to save face (not to mention liquidity).
If the NYSE is not open, money will find a place that is open; London, Zurich, Australia, Brazil..
Post 9-11, these retards should have back up facilities to trade from.
Agreed. But they didn’t think that through. Because nobody considered that the lack of power would cut off access to people’s computers at work, and the ability to get to their computers remotely, the business people are scrambling to find places to login.
Even if you can trade, the middle and back-office people need to be able to handle things for settlements. And they are all dead in the water, too, without reliable power in the main buildings.
Servers are still out in the NYC and NJ areas that people rely upon.
The markets will be open tomorrow, but I expect most participants to be the robots.
Everyone tomorrow just do what John Conner says and you should be able to survive at least another day.
Correction: John Connor, I mean.
Correction: In referring to John Connor, I meant, The Fly.
How is it that every other fucking thing in business is now co-located (i.e., in the ubiqitous “cloud”) but the NYSE has some kind of Landreu-like soopah computah embedded in it’s walls that went dead when the power went out?
(I could just see some of those old fuckers like Dick Whatsisface wandering around Downtown saying “Landreu! Save us!”)
I guarantee they could gave opened the markets but decided against it. For many reasons. To look compassionate maybe or just to actually not but people’s lives in jeopardy. I despise how the exchange had basically become irrelevant in how are stocks are traded but I think they did the tight thing here. We prob would of had a flash crash with no real mkt participants and 99% of order flow coming from hfts.
Nasdaq closed also. Why no hate for the fully electronic market?
They are owned by the same entity.
They made the decision to keep the whole thing off.
Dyslexia is a helluva disease.
“We prob would of had a flash crash with no real mkt participants and 99% of order flow coming from hfts.”
That is reason enough, merely to ensure a level playing field.
That’s probably the first time the phrase “to ensure a level playing field” was ever used in conjunction with the actions of the exchange.
Rick Santelli should run the entire market/world from Chicago.
Makes sense to me;
I am not of Wall Street culture, but how many corporations over the years have packed up and moved to friendlier location ~ too many to count.
But the NYSE clings to that location like a sports owner with an aging ball park.
That’s where all the gold bricks are.
Maybe the NYSE should go the way of the dodo bird & just let it all trade on the Naddaq.
Agreed. The fucking news is reporting the natural disaster of all time! Wtf happened to New York? Apparently the inhabitants are all retarded pussies that must need the 0 to help them dry off after a rain shower. May be the south is getting the revenge after all.
Obama needs help shoring up New Jersey and Fatass wants to show everyone how “independent” he is and how he “doesn’t give a fuck” about Prez’dental Pol’tix. (He actually said so yesterday morning when someone at CNBC axed (sic) him about whether he was going to do some deal w. Romney that day).
He’s also pissed about getting dissed for the much fitter and better looking Ryan of WI.
He’s your guy … right?
Wah, wah ,wah my pussy hurts
Great post. I hate those platitudes. Especially the religious ones.
15 billi in damages aintshit cuz hurricane Ben gonna drop some mad liquidity to take care of all of your ills
Yep, hope you bought silver.
Ok so which is the best bank to put your money in. My friend from Japan says something in Singapore. I think you mentioned some ebank a while back.
This was all about the top-tier NYC traders that didn’t want to be left out, so they dicked the rest of us.
And the parents that allowed their kids to drown should be hung up on meat hooks in a butcher shop.
The storm was a MESS, but at least this guy is back on the air!
By the way. The Nasdaq decided to close as well. And as everyone knows, that is a 100% electronic mkt.
Libya gate will not go away. Seems rational since peeps fucking died. The polls on voting early are not good for the 0. Can you say Carter.
If the butter eating fatfucks of the swing states open the eyes in between mini strokes to think? The election is over. The children may even have found the nutsack. Overall it looks alright for the this is america crowd. Give Frog one day past the election to disappear.
Damn I wish Jeremy would install an ignore feature on here.
Rather than actually ignoring him, you mean?
What are you, fucking obsessive compulsive?
Yep, you got me. Damn.
Seriously, this kind of shit is 15 year old Yahoo! Message Board soap-opera.
WTF does “I wish I could ignore you” even MEAN?
Just ignore him if that’s what you want to do.
If you make a statement about ignoring him, however, you’re betraying you’d like to silence him for everyone else, too.
This is late 2012, almost everyone has a “scroll” function on their mouse now…. but just in case…
Maybe other people WOULD like to ignore him as well. I don’t know, but give the option.
It’s not like an ignore function is some draconian ban on free speech. He can still post his stupid bullshit, but I wouldn’t have to see that shit even if it’s just a scroll-by.
In Europe NYSE Euronext sucks 300 dicks…
Re: Government priority fail: Considering the billions of dollars of cash flow, property value of Manhattan, and the relatively small size of the island, why was the height of the seawall not increased? Not exactly a high tech project…
Everyone deserves their pity party, but keep it in perspective. Reading this post made me have nightmares about a Fukushima in southern California, courtesy of an earthquake, target date, the fourth of next month.
This is only a test of the EBS (emergency broadcast system).
So Fly, do you have your power restored yet? Or are you running low on fuel? Just curious.
Fly is right, its pretty fucking stupid to shut off the market for two days, it doesn’t leave a good message. They let the GLOBEX futures trade all night and shut them off 9:15 am. NYMEX was still trading though (Crude, Gold, etc…).
Great post Fly. With media drama so hyped up, the average Joe has lost perspective.
hey you know the government built this hurricane right? You didn’t build it, the government did.
Crazier than fiction
then again, maybe not, but it’s possible.
Crazier than fiction.
Or, just Crazy Fiction.
Russia has motive and the same technology. They were extremely skeptical about Tesla’s claims but they knew what he had accomplished so they began experimenting with the principals he talked about until they created “woodpecker”.
They want their comrade Obama in the office since he’s more friendly to Russia so to create weather that will limit voter turnout since Obama has put a lot of effort into absentee balloting (although he is not nearly as far ahead as last year).
Plu they aren’t exactly concerned about americans and want to weaken the financial heart of the world as they along with China have been on record that they want to remove US$ as reserve currency and of course don’t want the US to have the financial superpower status associated with it anymore.
In 1996 defense secretary said there are others that are working on it and the possibility of such a technology is very real. There are several experiments that can show that the waves that are raising the Ionosphere can cause the stratosphere to expand and pull the weather indirectly.
And the nefarious Russkies did this a week too early becauuuuuuuseee????
As of a couple of years ago they no longer follow daylights savings time. Coincidence, I THINK NOT!!!
I don’t think the storm is over yet. Also, if the goal is to reduce voter turnout, you want the event hitting a week before to give the president time to have his presidential moment after preparing a speech (much like Bush’s approval rating a week after 9/11.) and to convince people they need more government aid, not less while distracting media attention from Mitt Romney’s momentum.
And with the eastbound cool front approaching and huge storm cloud from the hurricane, I wouldn’t be surprised to see storms throughout the nation on election day… could be wrong.
Ultimately though, the only verifiable information is only that such a technology has had patents out and experiments to show the ability to manipulate weather directly or indirectly is possible.
Certainly though the idea that any government would want technology to fight an invisible war with plausible deniability through manipulating the weather is apparent.
“Others are engaging even in an eco- type of terrorism whereby they can alter the climate, set off earthquakes, volcanoes remotely through the use of electromagnetic waves.
So there are plenty of ingenious minds out there that are at work finding ways in which they can wreak terror upon other nations. It’s real, and that’s the reason why we have to intensify our efforts, and that’s why this is so important.”
NEWS BRIEF: US5762298: Use of artificial satellites in earth orbits adaptively to modify the effect that solar radiation would otherwise have on earth’s weather”, Inventor, Franklin Y.K. Chen, Northport, N.Y. 11768, Issued/Filed Date, June 9, 1998/June 7, 1995.
“A Satellite Weather Modification System (SWMS) uses earth satellites to harness solar energy to modify the thermodynamics and composition of the earth’s atmosphere.”
An invention has to be proven and workable before the inventor seeks the protection of the U.S. Patent Office. The Patent Office, on the other hand, mightily endeavors to ensure that the “invention” is real, and can be duplicated by other scientists before they will issue the patent. Therefore, the fact that this patent was issued is positive, concrete proof that Weather Modification in this particular instance is workable. You will discover that the U.S. Patent Office has issued many different Weather Modification [Control] patents over the past 25 years.
Weather modification in warfare has been banned by the United Nations. Would they ban something that didn’t exist? Probably not.
Does it being banned mean that you can prove anyone used it or will it prevent people from using it if it can’t be detected?
In 1975, the US and Canada entered into an agreement under the auspices of the United Nations for the exchange of information on weather modification activity.
Weather modification, particularly hostile weather warfare, was addressed by the “United Nations General Assembly Resolution 31/72, TIAS 9614 Convention on the Prohibition of Military or Any Other Hostile Use of Environmental Modification Techniques” was adopted. The Convention was: Signed in Geneva May 18, 1977; Entered into force October 5, 1978; Ratification by U.S. President December 13, 1979; U.S. ratification deposited at New York January 17, 1980.
The 1970 book, BETWEEN TWO AGES, by Zbigniew Brzezinski (the founding director of David Rockefeller’s Trilateral Commission) stated: “Technology will make available, to the leaders of major nations, techniques for conducting secret warfare, of which only a bare minimum of the security forces need be appraised… techniques of weather modification could be employed to produce prolonged periods of drought or storm.”
The UN agreement in 1977 included everything from earthquakes to typhoons… however they failed to prohibit or mention hurricane modification or redirection. (Perhaps because technology to produce or direct the hurricane at the time was not fully developed.)
“It is the understanding of the Committee that the following examples are illustrative of phenomena that could be caused by the use of environmental modification techniques as defined in Article II of the Convention: earthquakes, tsunamis; an upset in the ecological balance of a region; changes in weather patterns (clouds, precipitation, cyclones of various types and tornadic storms); changes in climate patterns; changes in ocean currents; changes in the state of the ozone layer; and changes in the state of the ionosphere.
It is further understood that all the phenomena listed above, when produced by military or any other hostile use of environmental modification techniques, would result, or could reasonably be expected to result, in widespread, long-lasting or severe destruction, damage or injury. Thus, military or any other hostile use of environmental modification techniques as defined in Article II, so as to cause those phenomena as a means of destruction, damage or injury to another State Party, would be prohibited.”
Additionally, the use of such attack for self infliction to influence direction was not mentioned to have been prohibited. Although more likely, the ability to detect that such a weapon is available or used does not exist so there is no way to really prove that one did not use it, and if you can prove such an event was manipulated, you cannot prove WHO specifically manipulated it very easily. So against the wishes of the conventional agreement, it still could be used, and hurricanes are specifically not included on that particular agreement.
It is a fascinating subject in which I have only scratched the surface of.
Basically, if the hurricane hits now, and the cold front hits the tropical weather later the rising cool air as a result of the high wind speed of the subsiding warm air could potentially create a storm and even several tornadoes.
Maybe someone can confirm this but I believe the climate needed for a tornado is warm air coliding with cold air in addition to wind speed having to be just right. Of course the moisture (forming clouds) must also exist. Certainly if there are numerous tornadoes and storms during election day it might reduce voter turnout.
I do agree that the possibility to manipulate the weather exists with an extremely high degree of certainty. That technology exists to produce or direct a hurricane I am moderately confident (maybe 80%. That such a technology was used? Probably more like a 30% chance. More likely than not just a regular storm but still I think it is highly plausible. That it was used by Obama? 5% Romney? 2% Russians or another foreign power? Maybe 8%.
I’ve yet to see any substantial evidence other than the HAARP waves detected prior to the hurricane, but this could be one of two things that are not sinister
1)The natural waves produced by the earth that causes the hurricane (which is why such production of the waves may be capable of producing a hurricane manually as well as naturally)
2)The attempt to divert the hurricane AWAY and slow down it’s force, guide it away from Washington DC, or experiment with the ability one may have to manipulate or redirect existing weather.
The timing of the hurricane I do find suspicious in combination of the HAARP waves, but not enough to with utter conviction claim a conspiracy, particularly to be able to say it came from one source.
But since I dare ask questions and do research and recognize that such a phenomenon is posible, I am immediately dismissed by many minds as a crackpot. Science teaches to observe first then make conclusions based upon the evidence given. But if you fail to immediately accept that either “God is punishing the northern eastern states with a hurricane” or “buterflies flapping it’s wings in China along with many other variables contributed to this wave, but that those causes can not be controlled or influenced, you are somehow a “crackpot”. And let’s not forget this is all because of too much CO2 in the air, which existed during the time of the dinosaurs before an “ice age” yet somehow this global warming is man made and the hurricane is “karma” for all the people that go to work without biking or walking there.
Based on what you posted, are you saying that Sandy may have been manipulated and choreographed by a source or sources in order to bring calamity to the entire east coast, but that still may mean the ‘original’ hurricane, the natural one (the term used above, as opposed to ‘manual’ ) may still be on its way? Also, going by this information, are you meaning that, after chaos, sources are difficult to detect? And does this imply that during manual, earth-manipulated events,( if what you are saying actually does exist) it may be able to observe the forces at play?
..one thing I forgot to ask is, may the second event be other than a hurricane, and more like an earthquake?
..it seems to me, sandy could have been a lot worse, had major hurricane-force winds accompanied the rain. Therefore, it seems to me, if natural events can be manipulated to be worse, they can also be manipulated to be less severe. On the west coast, the worst earthquakes tend to hit on hot days, and whichever comes first, the weather or the event, really matters less than if either modification can mediate a disaster. However, this statement is based on the ‘conspiracy theory’ posted, and I cannot comment beyond responding to that information which may be true or false, or somewhere in between.
How bout GNRC!
I bought GNRC this morning. A bit of a risk considering the pop but this stock is trading at a very low P/E mutiple and reported great earnings and guided higher.
NYSE- shoulda, coulda, woulda…
GNRC shoulda, coulda, woulda…
both before the storm.
My weekly OTM option’s value that I intended on selling on Monday are now dead. Thanks a lot NYSE!
Just close this market til a rigged santa rally.
Why bring Rigged into this?
Le’ Fly, would you say that the underlying conditions of your Bearded Clam thesis are the same, or have changed, or too soon to tell, after QE3 (QE forever).
So what’s the opportunity right now?
Bought RVBD this morning, hopefully it’s OS at this price.
Who was that guy touting his lnkd short a week or so back? are you holding through earnings?
Fly can afford to be callous since Obama is President. If we had a “privatize everything” Republican in charge, Christie and Cuomo would still be waiting in line at Home Depot for backup generators.