BIDHITTER

New site BIDHITTER.COM

2010-04-20T21:15:00.001-07:00

If you're not automatically redirected click hereBIDHITTERI keep this thing around for the archives!

Bove's got it right

2010-04-19T14:37:00.000-07:00

We've Moved! go to the new BIDHITTER site BIDHITTER

Someone please explain this to me

2010-04-18T19:01:00.000-07:00

http://www.zerohedge.com/article/correction-fib-618-extension-dotA day before the GS news broke, we pointed out that the market is poised for a correction at least based on Fib. Sure enough, the ludicrous non-stop rally from the February lows topped at exactly a 61.8% extension of the previous sell-off (1211.6)). Was the Goldman news predicated by the SEC's religious following of Fibonacci

Video Recap for week ending 4/16/2010

2010-04-17T12:38:00.000-07:00

april 16 from Walter Sobchak on Vimeo. Related posts: Barry Ritholtz goes after ZeroHedge Charlie Gasparino on GS Mory irony from ZeroHedge ZeroHedge's justification for spewing falsehoods Tyler Durden of ZeroHedge is a complete fucking dumbass, no seriously We've Moved! go to the new site! here BIDHITTER

Charlie Gasparino on GS

2010-04-16T13:44:00.001-07:00

Watch the latest business video at video.foxbusiness.comWe've Moved! go to the new site! hereBIDHITTER

GS Official statement

2010-04-16T13:14:00.001-07:00

NEW YORK--(Business Wire)--The Goldman Sachs Group, Inc. (NYSE: GS) said today: We are disappointed that the SEC would bring this action related to a singletransaction in the face of an extensive record which establishes that theaccusations are unfounded in law and fact. We want to emphasize the following four critical points which were missing fromthe SEC`s complaint. * Goldman Sachs Lost Money

More Irony from ZH

2010-04-16T12:22:00.000-07:00

http://www.zerohedge.com/article/cramer-breaks-news-about-goldman-being-long-abacus-no-disclosure-short-tranche-structured-prCramer "Breaks" News About Goldman Being Long Abacus, No Disclosure On Goldman's Short Exposure In The Structured ProductCreamer has just come to the rescue of this former co-workers at Goldman, claiming a "source" has notified him that Goldman was "long" Abacus. Well, duh

Zero Hedge back to its bullshit ways

2010-04-16T11:56:00.000-07:00

http://www.zerohedge.com/article/talk-pits-goldman-sold-1000-large-sps-earlier Goldman sold 1,000 big SP today over 1,200.00. Was it just a hedge because they KNEW the SEC would do nail them to the cross? Is that insider trading? Who knows how many tens of thousands they sold in the ES?Mkt is up how many fkn % off the low? Today ops ex? what a bunch of horse shit.POP quiz kiddies! When mkts

Here watch

2010-04-05T07:50:00.001-07:00

We've Moved! go to the new site! hereBIDHITTER

Video Recap week ending 4/2/2010

2010-04-02T15:23:00.001-07:00

We have a guest market recapper for this week! First a couple of observations:S&P 500: The mini closed at 78 even today, breaking out of our two week range. Paper still very active scooping up contracts at discounted prices when they sell off. Bias is still long.CL: GS upgraded entire energy sector on Monday, naturally that only works if CL catches a bid so paper also came through with a bid at

Tyler Durden @ ZeroHedge is a complete fucking dumbass... no seriously

2010-03-28T20:59:00.000-07:00

http://www.zerohedge.com/article/former-goldman-commodities-research-analyst-confirms-lmba-otc-gold-market-paper-gold-ponziFormer Goldman Commodities Research Analyst Confirms LMBA OTCGold Market Is "Paper Gold" PonziTyler Durden's pictureSubmitted byTyler Durden on 03/28/2010 12:47 -0500When we put up a link to last week's CFTC hearing webcast little did we know that it would end up being the

Couple of vids to review

2010-03-28T10:27:00.000-07:00

While building the latest systems I've had quite a bit of idle time and had a chance to review Free to Choose for the millionth time. Two episodes resonate well given our current times:Important to note Fed policy has never followed statements by the Fed. Federal spending has always led to higher inflation,taxes and or both. How people have grown dependent on government and the trap that entails.

Video recap week ending 3/26/2010

2010-03-26T16:27:00.000-07:00

This weeks topics:S&P- bull, not enough info to get bear yet.EURUSD- prob bullTrade Tutorial!- You don't need any indicators besides price and volumeCL- bearZeroHedge- hypocrisy three6Vid from Walter Sobchak on Vimeo.Here's the clip from 25th hour I mentioned:Related posts:Zero Hedge tired of seeing computers trade like smart humansZero Hedge's new justification for spewing falsehoodsInterpreting

This subject is so important, I stole it

2010-03-25T22:43:00.000-07:00

Discretionary Traders Number One EnemyandMany Traders Do Not Know About It."A trading system alone will not assure success without proper risk control, beginning with individual trades, extending to diversification of markets, and continuing until a portfolio of different trading strategies is created. Every trading style has losing streaks that will ruin an investor who begins trading at the

Its like that

2010-03-22T18:21:00.001-07:00

Video recap for week ending 3/19/2010

2010-03-20T22:37:00.000-07:00

Sorry for the delay:This weeks topics:Casino ads on the site to take your moneyFriday's sell off was healthy, paper bought small @ closeS&P bias - down ****careful of Monday short squeeze****Euro Bias - flat, paper not in this last move down.Crude bias - downAUD bias - down2007 vs 2010 market topsSlosh reportRecapWeek3/19 from Walter Sobchak on Vimeo.The Slosh ReportRelated posts:Market recap vid

Funniest shit ive ever seen

2010-03-15T14:56:00.001-07:00

A few observations

2010-03-15T10:34:00.000-07:00

On the recap vid I said the near term direction of the S&P was a mixed bag of dicks. Now that my vol is showing up on the cash index, paper sold the cash 3/9, 3/10, 3/12 but not the futures. NYSE sentiment while negative today is really weak. Values of +/- 20K and greater indicates a healthy move up or down. We're currently at -2,600. There is still tons of time left today but this move down is

Signs of a market top

2010-03-14T19:40:00.000-07:00

This is a just for fun post which probably has zero relevance. Feel free to add your ideas!You know it's a market top when:FASB wants to reinstate M2M SEC bans short selling in dumb fk equity market Kudlow somehow turns even more bullish ZeroHedge gets unusually quiet on the "computers driving market higher" front Relative deflation ticks up yet equities rise The US actually starts recovering

Words of wisdom from professor Friedman

2010-03-14T08:00:00.000-07:00

"Politicians always try to avoid their last big mistake—which was clearly the 1930s. So every time there’s a contraction in the economy, they’ll overstimulate the economy, including printing too much money. The result will be a rising roller coaster of inflation, with each high and low being higher than the preceding one.”

2010-03-13T19:37:00.000-08:00

Weekly recap vid for 3/12/2010

2010-03-12T15:01:00.000-08:00

Topics:Volume: Don't be a dumbass look at the bigger pictureS&P: Mixed signals across cash and futures, bullish until demand drops offEuro: Bullish, ZeroHedge finally agrees 3 weeks late.Crude: Bearish, not time for 84 yetTwitter: Gave you the jump on institutional buying this pm, while ZeroHedge blamed computers 20 min after we told you. Still no clue how they make money, they're as accurate as

An adult look at volume

2010-03-09T13:23:00.000-08:00

I say adult because we'll use some logic and common fn sense vs little kiddies who are still afraid of the dark.Below is a pic of the weekly S&P volume. The area between the magenta lines is roughly when greenspan cut interest rates and we had a credit bubble. When you have credit bubbles you also have asset bubbles, like the stock market. The horizontal is last weeks volume. Note that it is

Market recap vid for week ending 3/5/2010

2010-03-05T15:13:00.000-08:00

week35 from Walter Sobchak on Vimeo.Related posts:Market recap for week ending 2/26/2010

Market sentiment the past 3 days

2010-03-04T13:03:00.000-08:00

With ZH putting the lid on frivolous market manipulation posts, lets have a look at sentiment the past few days:Green is bull, magenta bear. Greater than 20K in the cash market at the cash close is a healthy strong day. When the pit and djia futures conflict with the cash mkt, we get mixed range bound days. Cash market defines your bias, S&P pit and djia futures help you determine if everyone

Market recap vid for 2/26/2010

2010-02-26T15:32:00.000-08:00

week2/26 from Walter Sobchak on Vimeo.Related Posts:Zero Hedge tire of seeing computers trade like humansZero Hedge's new justification for spewing falsehoodsMarket recap vid for week ending 2/12/2010

A look at market sentiment ahead of the rally

2010-02-25T13:06:00.000-08:00

top looks at sentiment of the cash mkt, red line is S&P futuresmiddle is S&P pit sentiment, red line is S&P futuresbottom is dow futures sentiment, red line is dow futures.*I dont plot the red lines, they're on here for comparison purposes of index movement vs sentiment onlygreen is bullish, magenta is bearish. If you're green you have a bullish bias, ie you long every pull back. If its magenta

Zero Hedge "tired" of seeing computers trade like smart humans

2010-02-24T12:54:00.000-08:00

Long story short: ZH is mad again that an Evil Machine buys low when selling pressure subsides and sells into strength for a profit like a profitable human does! Oh the HORROR!I don't even trade the market they're talking about but lets be rational for 2 fn seconds:Now for the juicy stuff...For months now i have been watching a specificalgorithm push our markets around with great ease. It looks

A must watch, finally some honesty

2010-02-22T13:50:00.001-08:00

Look at this crap

2010-02-22T13:28:00.001-08:00

Check out this dude using ninjatrader's market replay posing as if he was making real trades to sell his shit.He recorded the session, then REPLAYED it on the simulator and took trades to make it look like it was real, however he already knew the direction of the market.I'd like to see his argument against this. Too bad for him he has time and sales up and it doesn't even move. In real life time

A look at conflict in the cash and futures pit

2010-02-22T13:19:00.001-08:00

Here's a look at sentiment on friday and again today. Note the extreme bearishness in the futures vs the cash today. Compare that to the bullishness from friday in both markets (Green in both, also NYSE sentiment was 20K vs todays's 6K). Friday the pit sentiment dropped off as traders took profits into rising prices, selling high.Although sentiment increased in the pit this PM, it dropped sharply

Market recap for week ending 2/19/2010

2010-02-19T19:00:00.000-08:00

week2/19/2010 from Walter Sobchak on Vimeo.Related Posts:Market recap for weekending 2/12/2010The real reason the market won't crashInterpreting volume and why Zerohedge are morons

LMAO they DID blame robots for todays market move

2010-02-16T12:41:00.000-08:00

Zerohedge is at it again with its "market up because of robots" again! The stupidity never ceases to amaze me! Why they can't understand that markets can move with less than average volume is way beyond me.Luckily BIDHITTER followers are smart and realize that the laws of supply and demand still exist regardless of how many people show up to play. Furthermore broad market (IE GLOBAL) sediment was

Zero Hedge's new justifcation for spewing falsehoods

2010-02-13T16:38:00.000-08:00

Abstract:The majority of our "news" is total crap because we are understaffed.(I'm not making this up see for yourself Here)But, having waxed poetic on our greatness and accomplishments, it falls to us to admit that there is a Dark Side(tm) to employing a non-professional (read: unpaid) and skeleton crew. We miss quite a lot. (Right, like truthful statements) Our tips@zh inbox sees about 200-300

Market recap for week ending 2/12/2010

2010-02-12T15:01:00.000-08:00

week212 from Walter Sobchak on Vimeo.Related posts: Interpreting volume and why Zero Hedge are moronsZero Hedge starting up with their BS again Fading Volume

Equity market sell off

2010-02-12T06:23:00.001-08:00

The global macro theme doesn't have much to do with the domestic equity market sell off. We've been pricing in future growth for a year. Apparently it's here and we've recovered fundamentally. If that's true, we should sell off as our future pricing in of growth has been fully realized. Markets are forward looking discounting mechanisms, not real time. Those appearing on TV who "don't understand

Andrew Ross Sorkin

2010-02-12T03:09:00.000-08:00

Is on cnbc morning joe or whataver it's called. Watch ZH bust a nut over it's man crush... we need something about bonds catching a bid even though the auction went for shit yesterday too

Banned from twitter?

2010-02-11T17:48:00.000-08:00

We lasted all of 12 hours onf twitter before they suspended us for reasons still unknown.Maybe it was all the porn stars we friended.

The real reason the market won't crash

2010-02-10T19:51:00.000-08:00

I wonder...

2010-02-10T10:53:00.001-08:00

I wonder if ZH will figure out that the NYSE actually was trading on the computer today :)

Congratulations!

2010-02-10T08:10:00.000-08:00

To Brooklyn Decker!She's smart too.

Push them lower Tyler you can do it!!!

2010-02-09T09:47:00.000-08:00

http://twitter.com/zerohedgeBOOM: 12:53 02/09 PRESS: GERMANY GOVT SPOX: GREECE MUST SOLVE OWN BUDGET PROBLEM 2 minutes ago from TweetDeck German gov't official: rumors are UNFOUNDED 3 minutes ago from TweetDeck what a day 12:50 02/09 PRESS: GERMANY GOVT DENIES GREECE AID PACKAGE NEARLY DONE DEAL half a minute ago from TweetDeck New post: Here Comes The Selling As Germany Claims Greek Bailout

The silence is deafening at Zero Hedge

2010-02-09T08:39:00.000-08:00

no new tweets!? IM SHOCKED!!!!!! Where is my trusted news source when I need them!?edit: they're back from the dead# Citi Breaks Secondary Price, As News Of Big Fat Greek Bailout "In Broad Sense Of The Word" Skyrockets Market http://bit.ly/blzmxd 2 minutes ago from TweetDeck Go look again im sure it was just JPM buying SPY shares

The futures market must be rallying

2010-02-09T06:16:00.000-08:00

And Zero Hedge is trying to tweet it lower:http://twitter.com/zerohedge# 09:11 02/09 EU ALMUNIA: SERIOUS RISK OF GREEK SPILLOVER ELSEWHERE IN EMU 11 minutes ago from TweetDeck # Greek spread widening picks up. 318 an hour ago, now 332 24 minutes ago from TweetDeck # Chris Whalen Guest Post: OTC Derivatives: Is the DTCC Too Big To Fail? http://bit.ly/dqSPwd 26 minutes ago

Interpreting volume and why Zero Hedge are morons (video)

2010-02-06T21:43:00.000-08:00

There has been enormous interest in sponsors, newsletters and detailed explanations of market conditions. It seems as though there is still some intellect left as in others who also laugh at Zero hedge. Here is a preview of things to come. A quick look at things regarding the following posts:OneTwoThreeFourFivemkt analysis 2/7 from Walter Sobchak on Vimeo.

A look at inflation vs deflation

2010-02-06T21:27:00.001-08:00

Deflation is green, inflation is red.

ZH comments

2010-01-29T20:10:00.000-08:00

The comments on their site are so stupid its unreal. No wonder 90% of these people are broke and lose all their money.

Zero Hedge is starting up their BS again

2010-01-25T19:31:00.000-08:00

http://www.zerohedge.com/article/volume-story-convictionless-buying-follows-conviction-sellingToo bad ES closed with a 79.25% retrace off its highs. That's not buying folks, that's called selling. Unbelievable.The Volume Story: Convictionless Buying Follows Conviction Selling Submitted by Tyler Durden on 01/25/2010 15:36 -

More Volume

2010-01-22T13:13:00.001-08:00

~3.5 traded on the mini, a new high. Watch around the 1075 ES level to see how we trade there. the slight uptick at close is most likely short covering into the weekend. Continue to watch to tightening spread in the face of hgih volume or the lack there of to see if/when we get a reversal. So far still bearish.

Is this the market top?

2010-01-21T13:51:00.001-08:00

Officially you can make a great argument to get short the S&P 500. On this post I talked about how the top would be identified by either a huge spike in volume or a total absence of it. Today we had the largest volume traded in the mini S&P contract since the rally began in 2009 while closing on the lows of the session. We will need to see what develops over the next few days to confirm a

Looks like we'll hit that 2 degree decline Obama wants

2010-01-05T14:48:00.000-08:00

http://www.cnn.com/2010/US/weather/01/05/cold.weather/index.html?eref=rss_us&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fcnn_us+%28RSS%3A+U.S.%29Much of U.S. is cold and getting colder(CNN) -- Another wave of Arctic air, colder than the current one, will plummet southward over the eastern two-thirds of the nation starting Wednesday, forecasters say. Little Rock, Arkansas,

Is David Rosenberg the worlds best counter indcator?

2010-01-05T13:29:00.000-08:00

I think so. He now justifies his incorrect assumptions on the SPX since March 2009 by saying "I'm not wrong, the market is just no longer a leading indicator". Remember back in trading 101 when you learned that the market is *always* right and doesn't care what you think? Poor David is still trying to learn thing since March 9th 2009 apparently.You know how people take a trade that's totally

A look back at Crude

2010-01-05T05:04:00.000-08:00

http://bidhitter.blogspot.com/2009/12/crude.html+13% or 954 ticks = $9,540 profit per contract

Amanda's back and no one told me

2010-01-04T14:02:00.001-08:00

Inflation or deflation

2010-01-03T22:53:00.000-08:00

Still deflation since 8/4/08 however it has definitely been on the decline since 3/9/09. We'll keep monitoring.

A great read to serve as foundation for the new decade

2010-01-01T22:56:00.000-08:00

In my personal life I have had numerous conversations pertaining to how market systems, and economics, are man made versions of nature. Forest fires consume the dead and displace the weak in order to make room for the rebirth of nature and life. In order to obtain serenity, we sometimes (often) have to go through hell on a routine basis.Keep this in the back of your mind during the next decade.

Funny

2009-12-22T14:18:00.001-08:00

Where is the S&P 500 going from here?

2009-12-18T17:36:00.001-08:00

In broad terms, that's a very simple question, the answer is up.The reason has nothing to do with anything currency or economy related. It is because of something not often talked about. It's called survivorship bias.Notice as of late the increase in S&P index rebalancing since November. Today was no exception with the addition of V and whoever else to the index. The index that you see day in and

cash close, futures close on fed day

2009-12-16T13:26:00.001-08:00

As heard in the pacific, west coast, midwest and east coast.

RE: fading volume

2009-12-16T12:29:00.000-08:00

Barry Ritholtz ponders the following:Here is another chart that worth pondering: Why has this rally continued on faltering volume? Why isn’t there greaterinstitutional participation in this?The reason is, the largest spike in vol is inst paper buying and removing supply from the market. To the right of that, the 2nd largest volume spike on the chart is the continuation of the buying which also

Ron Paul ruins his own argument

2009-12-15T06:32:00.001-08:00

Crude

2009-12-15T06:30:00.001-08:00

I'm extremely bullish on daily timeframe

Remember Wallstrip? I do :)

2009-12-09T13:01:00.000-08:00

Still girl of the day

"What I wish I had been taught" when I first started trading

2009-12-05T10:28:00.000-08:00

This is in response to Dr Brett's excellent series of posts for developing traders.In my opinion this is holy grail information. The old adage is to buy low sell high. That sounds easy but so many seem to always buy the high only to have the rug get pulled out from under them, or sell the low only to to have the offers lifted.Why is this?People see declining prices and assume weakness and rising

Nigaz!

2009-12-04T22:11:00.001-08:00

Old but still funny as hell and the comments on the ZH post are even funnier Gazprom seals $2.5bn Nigeria deal Gazprom building" border="0" height="170" hspace="0" vspace="0" width="226"> Gazprom could increase its power over European supplies

Misc mkt info

2009-12-04T14:48:00.000-08:00

The move this am was a test for supply above our previous high of 1117. it was met with weak selling pressure relative to the push upward and eventually finished strong on high volume for the day. Bullish on ESThe euro finished just off its lows on the highest volume in 2 years. This is extremely bearish longer term. Global funds are obviously beginning to cover USD shorts, a good sign for the

Unbelieveable

2009-12-04T13:08:00.000-08:00

I feel bad for President Obama. This guy is a complete disgrace to the presidency.

Finally a good fn eco report!!!!!!

2009-12-04T06:25:00.000-08:00

Short the crap out of gold. riskiest place to have $$ right now.USD++ Yields++ GC to the dumpster

Amamda looking good tonight

2009-12-02T17:35:00.000-08:00

Killer setup

2009-11-29T19:43:00.001-08:00

Old fashion American spirit!

2009-11-27T23:34:00.001-08:00

No more SAAB

2009-11-24T11:25:00.000-08:00

Good riddance!

Buffet is about to HIT THE BID!

2009-11-23T11:26:00.000-08:00

http://www.businessinsider.com/why-is-warren-buffett-taking-an-8-billion-one-year-loan-2009-11?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29&utm_content=Google+FeedfetcherWhy Is Warren Buffett Taking An $8 Billion, One Year Loan? What's up with Warren Buffet taking out an $8 billion, 1 year loan to finance the acquisition of Burlington Northern Santa

SNL

2009-11-22T08:07:00.001-08:00

Zero Hedge still sucks balls

2009-11-19T18:45:00.001-08:00

In addition to being the greatest counter indicator ever created on the web, Tyler Durden (1 of apparently 40, yet the same guy appears on interviews even though they say it's always someone different, uh huh), advocates for further destruction of America via financial transaction tax. On the plus side this dumbfuck says it'll stop HFT. If you want to rid HFT, you ban HFT. You do not tax the shit

GRMN PWR VS GRMN PWR

2009-11-16T20:11:00.000-08:00

Gold adjusted for inflation

2009-11-16T20:02:00.000-08:00

someone tell peter schiff hes a giant moron...just sayingthis is old but shows you better idea of where we've come from

Noise

2009-11-14T09:30:00.001-08:00

Bently Continental Supersport

2009-11-07T13:21:00.001-08:00

Read this from Dr Brett

2009-11-06T21:05:00.000-08:00

Dr. Brett is a very cool guy, met him in Chicago @ CMEhttp://traderfeed.blogspot.com/2009/11/eliminating-bias-in-trading.htmlEliminating Bias in TradingA reader asks a good question: "Do you have any good post on eliminating a strong bias? I am so clouded by a bias, I can't trade objectively."I find this to be a more common problem than is typically acknowledged, particularly among short-term

Chica del dia

2009-11-03T22:21:00.001-08:00

Zero Hedge changes their tune

2009-10-27T10:59:00.000-07:00

See kiddies, the rise in equities is not computers gunning the SPY (and even if so, the rationale for doing so remains the same), its due to inflation. Months later, ZH finally acknowledges this.http://www.zerohedge.com/article/michael-pento-lays-smack-down-administrations-favorite-talking-headIt is not a good day for Steve Liesman. First the market dropped after what everyone at propaganda

The Warning

2009-10-21T06:23:00.000-07:00

5,000 Technical Trading Rules Shown To Be Useless

2009-10-19T17:01:00.001-07:00

from http://www.businessinsider.com/its-official-again-technical-trading-doesnt-work-2009-10A new global study has confirmed what many market participants may already feel - that technical analysis doesn't work.Interestingly, this latest study appears to have been conducted by Massey University in cooperation with Australia's Macquarie Capital and Macquarie Bank.SSRN: Technical analysis is not

No posts on computers buying shit?

2009-10-08T14:31:00.000-07:00

what a scamfixed!

Stop Smoking

2009-10-07T20:52:00.001-07:00

New Anti-Smoking Ads Warn Teens 'It's Gay To Smoke'

Hopefully you caught the season finale of Entourage

2009-10-07T20:35:00.001-07:00

This season was the best so far I think.

SPX up 1.43% must be computers and shit

2009-10-06T13:18:00.000-07:00

...or the USD once again getting kicked in the nuts this time from AUD rate increases.She agrees

Computers... right

2009-10-05T13:18:00.000-07:00

From our friends at ZH http://www.zerohedge.com/article/deja-vu-markets-low-volume-ramp-thursdays-vwapDeja Vu Markets: Low Volume Ramp To Thursday's VWAPYet another listless day with no volume participation, as trading turgidity has set in and programs are back in control. Expect the market to taper off somewhere around Thursday's closing VWAP (red line) unless some real volume shows up which as

2009-10-04T09:39:00.000-07:00

More nonsense from Zero Hedge

2009-09-28T12:17:00.000-07:00

http://www.zerohedge.com/article/intraday-market-observations-three-computers-who-are-actually-tradingIntraday Market Observations (For The Three Computers Who Are Actually Trading)After a very weak start to the day, the dollar has regained all of its losses. Bonds are trading appropriately. However, don't tell that to the few computers who are pushing stocks to each other today: stocks are still

ROFL on fast money

2009-09-25T14:01:00.000-07:00

"Given the RIMM news I thought we would be down much more today"Nobody gives a shit about RIMM or stocks, and the entire equity market has Zipppp-o to do with RIMM, watch your currencies and treasuries kiddies

Michigan Sentiment beats expectations, New home sales miss

2009-09-25T06:58:00.000-07:00

73.5 actual vs 70.2 forecast429k vs 442... so Zero Hedge needs a "Consumer still delusional" post.Ah yes!http://www.zerohedge.com/article/consumer-confidence-does-not-ignite-yoyo-market

2009-09-24T22:23:00.001-07:00

Equities sold off today... Where was Zero hedge?

2009-09-24T19:27:00.000-07:00

This was clearly manipulated downward, I mean my God, paper started selling before the cash open! and they sold more on the cash close! Instead they said it was normal, the hell? So it's normal when the market declines but not advances? huh?Oddly Normal DayGlobal derisking in practice. This is what a normal market should look like (and a mirror image when in reverse). Yet one can count on 2

Bob Pisani, welcome to 6 months ago

2009-09-24T19:26:00.000-07:00

The stock market is again beholden to the dollar. The Dollar Index hit a 52 week low recently, but as it began rallying after the FOMC report yesterday, stocks weakened.It happened again today: as the existing home sales number came in weaker than expected, the dollar rallied again, and stocks dropped. When the dollar stabilized mid-morning, so did stocks.How long will this last? It may last for

2009-09-22T23:18:00.000-07:00

Never thought I'd say it, I agree with Maria. In the grand scheme of things this is ridiculous. And Charlie G is dead on:

Zero Hedge = CNBC

2009-09-22T14:30:00.001-07:00

Think about it.

Zero Hedge and more market manipulation

2009-09-22T10:21:00.000-07:00

http://www.zerohedge.com/article/noon-rampNoon is the new 1:30pm, is the new 2:30pm is the new 3:30pm. Pretty soon algorithms will gun the market starting before the market even opens. Smells suspiciously like desperation.Below you can see the spike in VXV and equities at exactly noon, which despite a strengthening dollar was fed by the significant drop in Treasuries, ahead of today's auction.

2009-09-08T20:04:00.001-07:00