THE DOT - if this turns orange or red be alert

Tuesday, February 15, 2011

brainstorming tuesday

1. This market runs up without any participation as we have record low volumes its just the FED sponsored banks and some Hedgefunds with the trading robots churning the markets up to create the illusion of wealth. Just let some people try to take their profits with size and we are right back at 666 although the magic trick suggests we are at double levels. At the same time the hyperinflation which has already started is eating up the paper profits ,n real terms. Obama has an active part in that Ponzi scam which is no surprise as he was put into the white house by the people runing the scam on a gloabl scale. The same people who make Mubaraks and let them steal tens of bil. from countries and escape safely - its a bit like being a managing partner in a Wallstreet firm once you belong to the club you are untouchable as long as you do not try to steal from the others. Even Fuld who run Lehman into the ground is now an advisor of JP Morgan who triggered Lehman's bankruptcy which was an orchestrated event anyway.




excerpt 1



ES Volume: 40% Below Abysmal





Today, in what is supposed to be an original piece, the NYT suddenly discovered that the stock market is no longer relevant.... it is probably our turn to say thanks - to think of all the jeers we got when we said that nobody really cares about stocks any more back in the spring of 2010, and in the summer... and in the fall... and winter... not to mention every single other time when we demonstrate that volume in stocks is now below abysmal. But just to validate with one charts what it takes some bloggers several pages of extended narrative to convey, here is today's ES volume chart. 884k shares traded, on 1.387MM average. This is nearly 40% below average. Perhaps it is time for some more essays about just how worthless and how irrelevant the stock market is, now that only a few machines trade it. After all, the NYT sure can do with the page views... And yes, some people are rotating their decimated muni holdings into stocks. The Golden Age for the ponzi scheme is back!
excerpt 2

NYSE Common Stock Volume Plunges To Sub-2001 Levels





When we pointed out our volume chart earlier, which indicated that volume is now a laughable joke, we received one of the traditionally amusing responses, "ZH misses the point on volume because they data mine and only compare it to the volume during the crisis. SPY volume is STILL higher today than it was pre-2007. So are we to believe that the crisis volume levels are the "real" levels for volume? If you compare back to pre-crisis, volume is actually still pretty high." Here is our response.

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