03/19/2014 Live Update

[Xian]

She is 68.

Too old to be in that position, might as well be 90. Probably naps 4-12 times a day.

Aside from Greenspan being in the position 'til his 80s (I guess that's one for your argument)
Reagan was POTUS until 78 (OK, so that's another one for Miyagi. Damn)
Ok, OK, John McCain would have been in his 70s had he *shudder* won (Ok, another one for Miyagi)
Colin Powell was almost 70 went he went before the world and assured us Iraq had….

Oh, fuck it, Miyagi's right. I'm losing this argument.

(Don't make fun of old women's looks and don't kick old men down stairs. Figured most folks knew this basic shit already)

[Claire]

It serves no one when negative comments are based solely on age or appearance. I think this is more common when the target is female.

[ALdaytrade]

She is 68.

Too old to be in that position, might as well be 90. Probably naps 4-12 times a day.

She will be 68 on August 13th, 2014.

How old are you Mr. Miyagi? I thought you were from Canada, so you are suppose to be "nice".

[MrMiyagi]

Do you dislike her because she is a woman?

No, I dislike her because don't think that people of a generation ago should be in a position that affects the present AND future generations.

I would feel the same way if it was a man, or a woman, aged 23 that was the Fed Head.

[ALdaytrade]

She has probably forgotten more than you will ever know!

[Al_Dente]

Janet crashed my computer
No wait it was Rus it was Putin
Maybe it was the weather
Anyway I just came back up and saw this:
ONE DAY ONLY % performance
Red line is FAS (our banks x 3)
OY

[MrMiyagi]

She has probably forgotten more than you will ever know!

It's possible. Then again, I have a couple of decades more to learn.

[ALdaytrade]

Dear MrMiyagi,

We will continue down tomorrow, so just change your position.

[Cobra]

seems the final reaction is down.

[1der]

186.40 PBar taken out

[Out of Bounds]

There it is. VIX.

[MrMiyagi]

Holy dump..

[fehro]

SPX 15m

[uempel]

Important threshold:

[Al_Dente]

sheeeeesh that was three minutes ago
here's the update
oy malloy

[koolblue]

all charts negative except 30 min and it should be by 3:30. I said yesterday yellens speech would be the bear trigger, or trigger to new highs.. Guess we got our answer! lol

[uempel]

Dear MrMiyagi,

We will continue down tomorrow, so just change your position.

Time signal tomorrow at the opening.

[Nrsimha]

It serves no one when negative comments are based solely on age or appearance. I think this is more common when the target is female.

where in my post did I mention age, gender, or .....??? ok I mentioned appearance in the sense that she looks very confused and unsure of herself.
She reads from a sheet or a teleprompter --- this tells me that she has not prepared and/or has not mastered the concepts that she is supposed to be familiar with.

She made very misleading or downright false statements regarding the state of the economy (unless you're drinking the obozo koolaid ....)

The verdict is in.
THe market says -------------------------- > VOTE OF NO CONFIDENCE.

(Of course, my theory is that this is all by design --- the Warren Buffets of the world have decided that its time to pull the rug out and start over.)

[ALdaytrade]

I would not be surprised if we returned to where we were before Janet Yellen started to speak today. So wait a bit before going short into tomorrow if you are not short already. Take some quick profit here, if you did go short.
In my most humble opinion.

[Cobra]

huge vol, so should be a rebound here first then we'll see. 45 min to close.