Buy The Mega Crash 2015: The Sheeple Just Did

Monday was a preview of the big event
As we were reminded on Monday, all of the recommendations emanating from the 2010 Flash Crash were ignored. Wall Street's stooges in government doing what they are paid not to do. The stoned Idiocracy took this latest meltdown as a buying opportunity... 

Following the Flash Crash of May 6, 2010 investor confidence was shaken. Congress launched an inquiry, books like the one above were written and nothing changed of course. The Idiocracy doesn't believe in accountability. This year, they finally arrested a single day trader living in the basement of his parents' London home, because he alone caused a $1 trillion dollar meltdown. 

The even bigger Flash Crash that just occurred on Monday, just led to buying recommendations all around.

First, remember this from last Thursday?
PonziWorld: Aug. 20, 2015
Fast Money: Aka. "No Bid Market"
When institutions are selling at the fastest rate ever, shit is destined to go sideway to down...

And this from last Thursday as well

Fast Forward to Monday this week:

On Monday, the QQQ Nasdaq 100 ETF, the sixth most heavily traded ETF by volume, had its widest 1 minute price swing EVER -15%:

The world's largest stock flash crashed by the same amount...

What next? We can see from 2010 (below), what happens next...

The market rallied for five days and then rolled over again...

Which is Monday relative to this current "buying opportunity". The difference being that institutions are selling at the fastest pace ever right now...

A couple more things to think about...

This took place yesterday, just prior to Bill Dudley's "unscheduled" interest rate announcement:

Goldman Sachs always knows something. 

Don't they?

DENIALATION: Cheerful Self-Implosion

The Idiocracy is in denial about EVERYTHING...

To say that this will all end abruptly and cataclysmically, is an asinine understatement. The usual denialists are so oblivious as to their total predicament, that just the financial implosion kick-off to this "reset" alone, is going to monkey hammer them into fucking oblivion...

Gap 'n Trap Visualized:

There are no new buyers in no man's land.

Every tool who could be conned in six years is already ALL IN.

Anyone who couldn't be conned won't go near this disaster.

Institutions are selling at the fastest rate EVER.

And Skynet will dump off-hours aka. 3am...

RISK OFF Visualized
This is what it looks like when another generation of Etraders gets monetized
Rydex Bull: Bear Asset allocation
Doh! Change of plans...

Of all major markets, the Japanese Nikkei peaked last and lost 9 months of gains in 8 fucking trading days (-15%). Where do you get buyers who will step back into a market like that?

The Yen is tracking the Nikkei:

The UK FTSE has wiped out two and a half years of gains since peaking late April...

The Dow is sitting at a level first reached in December 2013

The average stock (red line) is sitting precisely at Lehman levels...

The deep fried zombies are ready to be served. 

Financial Deathstar 2.0 Implosion Sequence

The pervasive ASSumption - 
"The U.S. is decoupled from China and Emerging Markets"
Shanghai Comp (red) with U.S. Dow:

Oil/Oil Stocks

Euro Carry Trade w/U.S. 1 year Treasury yields:

Yen (Inverted) aka. "Damocles' Sword" 1997 x 10

Aug. 23, 2015
[Large] Investors Are Selling U.S. Stocks At The Fastest Rate Ever
Down volume / Total volume

"It was a bad time to be listening to Larry Kudlow"

This Just In: Billy Dudley Says The Economy Can't Be Located

China had it last, but now they lost it...So recovery has been postponed until never

"In the meantime, keep gambling until it's found..."

Dow with Fed balance sheet and interest rates

"It turns out we blew up Submerging Markets for nothing. Shit happens, man"

"ALL IN": Catch A Falling Buzz Saw

The stock market "enjoyed" its biggest rally in 4 years on the great news that the economy is worse than expected. The recovery has been postponed until never, allowing gamblers access to 0% dopium forever. Oil fell below $39/bbl, but that's beside the point. Everyone covered their shorts on the news, so this shit show can roll over now...

The S&P closed below its 200 day moving average for the first time since 2012...

With % of stocks above 200 dma i.e. 26.8%

The first up day in 7 sessions, leaving the Dow at levels first reached 20 months ago...

The Doors Are Closing On The Hotel Californication

The Elliot Straight Down Wave is on deck

CasinoConomy has been obliterated: 

"Another great buying opportunity"

Being An Oblivious Fucktard Is Not A "Black Swan Event"

There were no calls to "buy" Lehman. But like reality, Emerging Markets are a land far far away from the Idiocracy...

The Fates could not have conjured up a more fitting and ironic ending to this multi-year charade aka. The Bonfire of the Sanities.

The Black Swan event of a financial meteor striking from some remote far off "never heard of before" place e.g. Malaysia, has not even occurred yet. TBD.

And yet, the slow motion melt-down continues day in and day out, under the asinine auspice of another "buying" opportunity.

True Black Swan events allow for "plausible deniability". 

Systematically lowering one's own clients into an abyss and then shovelling dirt on them, does not allow for any historical plausible deniability.

This is reaching the height of asinine...
The "event" is called "SELL":

OECD Carry Trades with 1 Year interest rates:

A Centrally Planned Clusterfuck

If only the capitalists themselves actually believed in capitalism, this probably would have all worked. However, Ponzi borrowing aka. intra-generational theft, industrial arbitrage aka. going out of business sale, printing money to buy stocks aka. Jedi Mind Trick for stunned dunces, serial bailouts aka. moral hazard, and 35 years of trade deficits aka. non-amortizing debt accumulation, does not comprise anything resembling "sustainable".

An economy can't be centered around a fucking casino: An indefinite growth machine that demands the commodification of every factor of production, including the zombies locked in their death spiral rat race to oblivion while the whole world falls apart around them. The entire planet ending up in the landfill. 

How pathetic are these Commie Capitalists who daily intervene in markets to try to prop up fake billionaires. Mere months ago, the Chinese government was encouraging and incentivizing leveraged speculation, and then when it imploded overnight, they've been subsequently stepping in to markets non-stop to try to halt the collapse. It never occurs to these serial buffoons that they can't fix the problem, THEY ARE the fucking problem. Granted they learned from the Commie Capitalists in the developed world who've been pushing Monetary and Fiscal Policy to ever more asinine extremes, in a bid to keep this dead-end pseudo-economy from collapsing dead on arrival. 

The desperation is palpable. After all, the stooges at the top will be the first at the guillotine when this charade implodes with extreme dislocation - a process well underway already.

Globalization separates supply from demand. It could never work. There's no such thing as a jobless "consumer", which is unfortunately fundamental to modern Ponzinomics...

Elliot Wave vs Skynet: Sell Or Be Sold

The real world aka. Emerging Markets just hammered Social Mood and...Social Mood (Panic) is overwhelming Skynet (HFT)...

Skynet is getting buried by institutions desperate to get out before it's too late. Tuesday's Lehman-size downside reversal was on 300% of 90-day average volume.

Home gamers who bought the CNBS pep rally were buried -4.5% in 8 hours. 

Skynet's new Maginot Line is 1860, which has been tested four times in 24 hours...

Overnight futures are levitating again on news of yet more Commie Capitalist fiddle fucking out of China. The waves are 5 down three up on EVERY timeframe.

Europe's turn to return the favour and sell the U.S. - Sell or be sold...
[5 am EDT]:

http://www.barchart.com/interactive_charts/futures/ESU5

Next up: Black swan diving into pavement
Value Line Geometric Index (red) with 'Conomy i.e. 1 year Treasury yields

Epicenter of Collapse

Oil, Oil stocks and Emerging Market stocks.

Ironically the very markets NOT supported by Central Banksters

Remember this from one year ago?
Fuck Kyoto: Peak Oil Just Drove a Stake Through Globalization

Aug. 14, 2014: 
Emerging Market Stocks and Oil:

My subtle prediction for a bear flag...

Now. Top chart:

Also now: Emerging Market stocks and oil stocks
"No blind man saw that coming"