I want the market to crash.
I went to sleep at around 4am, with the futures up around 7. When I woke up, around 6:30, after a full night’s rest, they were down 31 handles–80 NASDAQS lower. Europe is vomiting up their porridge and oil continues lower, as the oil men from the Bakken prepare to go back to their former jobs at Wal-mart. The oil boom in the United States is over. This pretty much tops off a splendid administration, one that ushered in an era of psychotic violence and radicalism, bankrupted coal, and now will oversee the complete annihilation and destruction of the shale industry.
The big winners, over these past 6 years, have been the lunatics running about the middled east chopping heads off in the name of Allah.
Will someone please tell those fucking idiots that God isn’t an actual person, but instead an ideal to hold over the heads of the insecure to establish order?
No one will be able to save you today. The robots have gone rogue and will execute you into oblivion. Your remains will be liquidated and reinserted back into the matrix. The retail investor, as we know it, will be cordoned off and thrusted into exile in a place called Zion. This isn’t a market for the faint of heart, gents. Do not trouble your wives with the losses. Instead, focus on your business and simply replace the money that you lost with new money. If, by chance, you aren’t able to earn new money, due to decrepit aging or a level of stupidity that leaves you without income, move into a housing project.
As for me, I will probably lose my marbles today. I can sense the nervous energy building in me, like a tidal wave of frenzied violence waiting to escape.
About 30 minutes ago, that Fed guy, Plosser, suggested that we “raise rates immediately.” For the love of devils, what the fuck is that man smoking? Someone should just stone him, or operate on his brains to see what makes a person criminally insane. There isn’t any justification for higher rates, especially since the world is jam-boxed into a deflationary vortex.
Listen folks, this is it. It’s all over. The end is now.
https://www.youtube.com/watch?v=UESWN–L43Q
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Maybe Plosser was just trying to “hurry up” the crash with words to get it over with sooner rather than later, like giving a child a shot with a needle, as quick as possible.
why so seriousssssssssssss,…?
its only correction,
we need a crash and final flush,
then the blood can be bought,
and QE 4 can commence,
The last few days I have felt ok during the selloffs….not great mind you, but ok. Primarily because the small caps were holding up rather well and I have a big TNA position. That position did swimmingly yesterday.
Now, Today, they are getting absolutely murdered, down much worse than the broad market. This does not portend a good outcome.
The game has change and we are back to credit issues in Europe, and this time there may not be an easy fix. Its time to get very very defensive and stop looking for a bounce, because we could be looking at a 20%+ decline.
YOU WILL ALL REGRET BEING BORN TODAY
TLT = ON FIYA
First of all, you shouldn’t sleep so much.
People might think you are lazee.
Recall 09-10 when earnings were crap but stocks stopped going down on the dour news and actually went up.
See GS. If it can’t go up on this then earnings are built into the price and down we go.
All kinds of major banks got upgrades today so let’s see how this is played out in the broader S&P.
This is a correction for now (usually fast like this) as opposed to a bear (drawn out day after day).
We shall see.
Hey, you voted for Obola – what’d you expect?
Everything unfolding as expected, serious liquidation by many well knows funds to come in the next leg.
Oh put a fucking sock in it, “as expected.”
screencap of you being 100% short?
Some men just want to watch the world burn
They feel they have to raise rates in order that they have some ‘dry powder” when it REALLY hits the fan. With ZIRP they have no more fuel to throw on the fire. Look for QE4 wrapped in some sort of double lindy Confucious speak in the near future. Besides. Elections are only a couple of weeks away and the Dems need to shore up their side.
Fly, if you do lose it all, at least you’ll have a career as a writer. Outstanding penmanship. I really laughed out loud here.
egad, just write “fig” or suck his dick already
Writing doesn’t support the caprices of Mrs. Fly and her extravagant tastes.
This market is so exciting. It’s also redemption time for being such a pretentious drunken douche on Tuesday! (me)
Was that real capitulation, or just fake capitulation to appease the market gods?
Enjoyed the Stockman op-ed yesterday. http://davidstockmanscontracorner.com/this-time-is-different-the-fed-is-out-of-bullets/
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… those damn “Cramerites” !!!
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I know he was so harsh on Cramer! “Financial TV’s number one clown.” Ouch.
Sir, you serioulsly need more sleep time !
Classic chop before the bounce. Just need Europe to not completely implode.
2% bonds– yeah, that’s what I want!
Take from the rich, give to the poor.
Watch for a possible turnaround via DJIA and IWM.
fuck the turnaround, you’r dead.
This is a mere pimple on an elephant compared to ’80-81, ’87, 97,00-02, 08-09.
Just a correction for now. Calm down.
SPY = EBOLA
SELL ALL STOCKS MATT BEAR!
Actually “God” is an ancient term which represents nothing more than the title of a human being. Initially this title was “Ishwish” which means “God” when translated into our languages. But Ishwish, respectively god, is nothing more than another term for “King of Wisdom.” It is a purely human title assigned to humans who were particularly knowledgeable, wise, and who possessed great mastery. This term’s significance, however, was distorted and falsified by humans on Earth, particularly by the early religions and those experienced in profiting from using the word. The result was that God, as a King of Wisdom, was removed and the people turned him into a Creator-God who, allegedly, had created the Earth, the sun and outer space.
Nice, you know god. Just like the cutters off of heads.
I see the ridiculous TNA decline has moderated somewhat. I so want to buy the dip but can’t do it with bond yields screaming higher in the EU periphery.
How is the easy trade today not shorting bonds? With that job number, market should be delighted. We are getting a recovery. Inflation is low. PCE should rise dramatically.
best decision i ever made was to trade with a tiny speculative account. i can kiss good-bye to whatever’s left in it in T minus 5 minutes.
Battle of opposing robots coming up.
Their masters reak of fear and sweat on being on the right side of the liquid trade.
UVXY FTW as usual only up 23% at the open. Not too bad.
It will eventually have a down day, which will be followed by more +20% days. No worries.
ALL HAIL LORD SETHERSTER99. I hereby knight you and grant you estates in Romania.
Next to Ceausescu’s grave?
Watch chips.
Blue light special on KEG @ 3.68…Book value 7.74
LOL @ Book value.
Okay, who had EGLE. Up $13.43 from less than a buck. LOL. They halted it
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Cramer has Tourret’s syndrome !
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He has a hyperbabbling sort of sociopathy.
Faber cuts him off and leaves Cramer chomping at the bit.
I wonder how many had already put sell orders in their 401k’s / got stopped out before the latest bounce?
Schizophrenics should be allowed to predict ANYTHING ………….except the future.
http://ibankcoin.com/flyblog/2014/10/15/v-time/
Is it possible to short real estate in Houston?
I really like the way the red and green is flashing on my computer.
It’s so fast.
Kind of like a pinball machine about to go tilt.
everything is going to zero, including your precious inverse etfs.
remember what an etf is, inverse or not in a credit crunch it will blow your face off.
everything is going to zero, including your inverse etf.
good luck all.
It takes one to know one.
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I’m taking this post as a counter-indicator based on recent action. Yesterday’s ‘the margin clerks are coming’ post was almost immediately followed by the biggest rally since the stone age.
Every time one of you guys mention TNA, I think Tits & Ass.
God is an idea ?? Well here is an idea from the idea. You reap what you sow, more than you sow, later than you sow. Some things are true whether you believe them or not. Try to have a good one !