MARKET RALLY EVAPORATES: Here's What You Need To Know (Dow Down 205)

BI ^ | 8-25-2015 | Myles Udland

[Deo volente]

And Bambi’s preparing for an 11-day “climate change” tour.

Have we ever had a president more out of touch with reality? But not a peep from the media in criticism.

[dragnet2]

And Bambi’s preparing for an 11-day “climate change” tour.

Have they've blamed their climate change con-job for the stock market yet?

[ponygirl]

I was reading an article earlier today about how the rural midwestern areas are being depleted of people, particularly the coal and timber counties. Some coal counties are down 38% in population and they’re all concerned about tax revenue. And they blamed the crash in coal on an increase in fracking. You just have to laugh.

[ConstantSkeptic]

Hmmm... maybe time for some tax loss harvesting.

I only have one taxable account fund with a loss, but I could sell that and put the money into a similar, but different fund. That loss would help offset the large capital gain I had earlier this year.

Opportunities!

[TalBlack]

I know zilch about the street but when a stock dives to a low early in the morning and closes 10 dollars higher then the gamblers are going to play until they get creamed or tired of making money. On Monday I was listening to the radio wishing I had a 100 grand I didn’t care about.

[cuban leaf]

Seven summers now of Brobama’s recovery, I don’t see how we survive an 8th.

---

My tag line and I agree with that sentiment and have for several years. We are in the calm before the storm. The bad guys know they have time, but their time is short. We will be at war before he leaves.

[Chode]

tomorrow... news at 11:00

[SkyPilot]

Rich Barry, floor governor at The New York Stock Exchange, wrote in an afternoon email to Business Insider that Tuesday's afternoon rally was about two things: China and Goldman Sachs. After Chinese markets closed on Tuesday, the People's Bank of China, China's central bank, moved to cut interest rates and reserve requirements, giving a final boost to stock futures that had already been gaining overnight. Goldman Sachs, meanwhile, circulated a note to clients reiterating the firm's call that the US does not appear headed for recession. But again, these gains couldn't hold.

This is what is so infuriating.

Goldmach Sachs spams traders with an e-mail that says everything in ObamaLand is hunky dory, and that is supposed to turn the Titanic around?

Give.

Me.

A.

Break.

Goldman Sachs might as well be the Obama/Clinton/DNC headquarters building.

These are the same robots that lead us into this bubble. And everytime Obama's BLS liars put out ficiticious "jobs reports" that told us that hundreds of thousands of new "jobs were just created", the market reacted with slavish devotion and wet kisses.

[familyop]

Do you remember this?

Goldman Sachs Arms Itself
http://www.freerepublic.com/focus/f-news/2397463/posts

Arming Goldman Sachs With Pistols: Alice Schroeder (Correct)
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ahD2WoDAL9h0

Goldmanites Buying Handguns To Protect Against Angry Public
http://www.businessinsider.com/arming-goldman-with-pistols-2009-11

The Economic Elite Have Engineered an Extraordinary Coup...
http://www.freerepublic.com/focus/f-news/2455908/posts

[SkyPilot]

Wow.

[familyop]

Here's a comment of mine from 2009. The costs mentioned for a firearm are much higher now, but remember where technical skills reside (not with the following).

==========================

From Going Great Guns, (Forbes, David Serchuk, 04.23.09, 04:00 PM EDT)

"Forbes: I was in Colorado, and I knew people who had 200, 300 guns. And they'd stash them in various hidden places around their compound. This wasn't all that uncommon out west."

One fair to middlin' firearm with accessories and enough ammo to train moderately for a couple of years can easily cost a couple thousand dollars. Imagine the costs of doing that with hundreds of firearms.

[familyop]

Futures have been running near even but with quite a bit of activity, as if the indexes are being stalked by some presence intent on moderating them.

[familyop]

You might find this to be interesting.

Stock Market Sound the Alarm
Stock-Markets / Stock Markets 2015 Aug 25, 2015 - 11:48 AM GMT
By: Bob_Loukas
http://www.marketoracle.co.uk/Article51985.html