The Club!

http://www.zerohedge.com/news/2015-0...tead-bombs-its

The thing is that conspirancy theories have become too easy to predict. It doesnt require any deeper info knowledge anymore. I bet that Brzezinski is printing guide books for globalists in his home, couse they all seem to operate from single repeating plan.

http://www.zerohedge.com/news/2015-0...th-august-2015

4. Not just Italy, pretty much 80-90 of countries of EU will be in same basket scenario in next 10-30 years. Its just matter of time. Afterwards its large inflatioj coming from EUR, once QE of ECB cannot be singly pushed into bonds, same as BOJ JGBs. No fiat ever has survived hyperinflation peroid, nor wont EUR, its matter of time, but timing is tied to bond QE, not E of solvency as opose to what most austrian economists think.

9. Shows that bubble markets are hard to be prompted up, even with billions or trillions, especially if you dont have reserve based economy such as China.

10. Means nothing. Recesion is already in USA. It can depen, it wont change any policies.

http://www.zerohedge.com/news/2015-0...ere-were-banks

Amazing interview. I have never read or heard anything from politican and agreed up to the point. First time.

In manipulated market, why would you long VIX lolz.
http://www.zerohedge.com/news/2015-0...de-last-decade

Go jump on board of bond shorters. 101 economy is fiction now. 102 is real. Economic books are sci-fi.

USDZAR buy 12.75, USDTRY buy 2.779, USDCNH buy 6.41, buying into September/2016 for USD strenght. Expecting emerging markets to crash big time.

And there it goes, CNH smashing. Holding +190 pips atm, ZAR near BE atm, will take time.
http://prntscr.com/83rin8

600 pips on USDZAR and USDCNY, HOWEVER i made the costliest misstake so far in fx trading, i didnt plan to set any TPs on trades as expected EMs to follow trough on crash, but somehow i set TP on strongest one USDTRY by misstake. I talked to support of ICM but there is nothing they could do, was all my fault. Very costly fault, shitload of pips there that should be on.

http://prntscr.com/88eajo
http://prntscr.com/88eb2z
http://prntscr.com/88eg1r

What else to say?

http://www.zerohedge.com/news/2015-0...ls-letter-cnbc


Dear CNBC,

I'm a millenial with some cash to throw around. I've dipped my toes in the stock market this past year but after today's action, I have to say I'm done. Forever. Gone. Don't count on another dime of mine in the market.

There is so much that is infuriating about this market that it's hard to know where to start. Let me start here: the total BS open we witnessed today. And lest you think this is a letter from a whiner who sold out in the open only to see stocks ramp higher, think again. I sold nothing out but I also bought nothing. What infuriates me is that average people like me are hurt both ways when the market does its best flash-crash impression since, well, the flash crash... I'm sure countless little guys had their stops absolutely steamrolled this morning only to see the big guys scoop up the shares on a discount. It's disgusting. What's more then that is that the only "people" that can really take advantage in such volatility is HFT's. Any normal human being staying at his screen seeing the Dow down over 1k has to sit and think for a minute, "What the heck is going on? Is there something I don't know about?" Ask yourself those two questions and it's too late. You are either stopped out or you miss an opportunity to buy shares at a price you could only have dreamed of. A price that likely won't come again for you anytime soon. The only "people" who can react to those pricing distortions in real time are computers. This isn't a place for small time people like me.

What might be worse than this is that most of us are stuck at small discount brokerages that had major execution issues this morning including TDAmeritrade and Scottrade. Let's assume you are a human being who doesn't ask the two aforementioned questions and just sees the Dow down 1k and decides to throw a dart in the blind and just hit the buy button. Then your brokerage house can't get you an execution cause the little guys systems don't work.

Now, what absolutely sickens me is that the problems are completely underreported on your network. Nanex recorded 4,500 mini-crash events this morning. And yet as the Dow is presently rallying you are making it out as if the market truly recovered 800 points (and we'll probably close green!). We all know that the open was nothing short of a sham of epic magnitude and yet you have the gall to act as if all was normal and the market is now just on a torrid rally after being down 1k. It's not even bearable to watch. You are doing your viewers a massive disservice.

Finally, on a different subject, one thing that this Chinese Yuan devaluation has revealed is that nobody has any idea in hell what any asset is really worth. There has been such an enormous artificial edifice built up around the markets to propel prices (not markets) forward that the pricing mechanism is distorted beyond distortion (if that's even possible). The english dictionary needs a new amplified word to adequately describe the magnitude of the distortion going on in capital markets around the world due to central bank manipulation, lack of liquidity, HFT fraud and other chicanery.

The only reasonable thing that any little guy can do is sit back and say, "Wow there is a lot of distortion going on and I can't even guess at these prices." So what is there left to do? I think all people like us can do in order to once again put money in the market is to see a very large deflation such that multiples contract and we can be confident that the edifice has collapsed and we are therefore now much nearer to true price discovery. Every valuation metric is distorted, technical analysis is distorted because countries around the world are drawing lines in the sand of FX, bond and capital markets vowing to defend them. How can anyone believe the prices? They can't!

My advice to my generation if they would like to buy various assets is to just literally say to yourself, "Don't think about the price or what other people are paying. Just ask: 'What would I pay for 1 share of XYZ, knowing it has an artificial edifice around it?'" Then take a swing while flying blind and pray you hit it.
But until that is no longer the case, count me out. Me and my entire generation.
-Ryan

Watching CNBC is bad for your health.


Alibaba made headlines when it was initially priced at $68 per share -- the largest public offering price for a company listed in the United States -- in September 2014. The peak price for the stock hit $120 and was seen as undervalued, CNBC's "Mad Money" host Jim Cramer said at the time, given Alibaba's "great organic growth," The Street reports. But Alibaba's stock has suffered in 2015, especially this quarter. On Friday, the price had fallen to $68.30.
Investors have been moving away from Alibaba. Regulatory filings revealed that billionaire financier George Soros' fund, Soros Fund Management LLC, had sold its majority stake in the company, and Yahoo had announced plans to sell off its stake.

Looking for a flippity flip. Shorting on the way down scalps.
http://prntscr.com/88mv89

There it is flippity floped 40 pips down. Got few shorts from it.

Ca----shing




Hope all is well, my friend.

Am spending as much times in the mountains as I am able to do - but soon I have to return to reality (or was it the Matrix?)

Stay in matrix if you can, but i miss some sensible discussion in this thread. so maybe bad spirits will guidue you here

Gold looking to short a bit higher.
http://prntscr.com/89ffko

EU same.
http://prntscr.com/89fg18

For UZAR gona long.
http://prntscr.com/89gwz6

Shortity short is on EU and UZAR is longed.
http://prntscr.com/89ho1c
Lets see if it got legs.

Glad to hear that both of you, guys are well.
I am in the reality already , preparing to bring my baby-girl to the elementary school on September 1st.

Best,
D.P.

http://www.zerohedge.com/news/2015-0...rns-washington

So it begins. Petrodollar chessboard.
BOJ QE is just a matter of time to fight yuan devaluation competition. Looking forward for 10k EUR bonus in 2016 from Kuroda

FED hikes, pushes EM further deep stocks down, currencies down, flips around Petrodollar moves from 2014, pushes them back in. Thats my play for 2015/16. USD long, EM short, JPY short. But some are saying that 4 trillion balance sheet bomb will explode if rates go up 0.5% haha. Besides that that rotten "bomb" is nothing compared to what JPM holds.

EU hit BE, ZAR still in. Looking to short EU tomorrow(1170 target):
http://prntscr.com/89l0x9

EDIT:
UZAR atm +50, still holding.
http://prntscr.com/89uop0

EU 1300 acted as perfect short, still looking to short EU for lower.
EU
http://prntscr.com/89v88w
Probably will hit BE, i dont see this structure loading price down without bump, but lets see, maybe.

Closed EU +30, some short term bulls are in. Structurally we should break that support of 1200 in next day, so ill short again higher.

EDIT: UZAR hit TP. +100. EU target reached 1170/and lower. Finished day with +12%. Not bad for 2 minutes of trading.

This is my mid term view on EU now:
http://prntscr.com/89znev

EM currencies, what do you see. Now think of USD hike, what would happen.
http://prntscr.com/8a0yoq
Think....or invest. Thats all it is. Flipity flop around the block.

http://www.zerohedge.com/news/2015-0...-anyone-thinks

I have been explaining this for past two years. WW3 is on, and going for years already, it is clear now that EM will be striked hard. Whoever thinks FED hike has anything to do with real economy lives in fairy tale.