Dow Futures down Ag / Au Up ~1%

[DMac]

DOW, No selling for you!

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2011/08/Rule%2048%208.18.jpg

Russian exchange halted:
http://ria.ru/economy/20110818/419554137.html

[JJ.G0ldD0t]

DOW, No selling for you!

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2011/08/Rule%2048%208.18.jpg

Russian exchange halted:
http://ria.ru/economy/20110818/419554137.html

Lol- I was just about to post that

[JJ.G0ldD0t]

http://blogs.wsj.com/marketbeat/2010/05/20/exactly-what-is-rule-48/


By Matt Phillips

If you’re interested. Here’s the text of “Rule 48,” (http://nyserules.nyse.com/NYSETools/PlatformViewer.asp?searched=1&selectednode=chp_1_3_2_5&CiRestriction=%22Rule+48%22&manual=/nyse/rules/nyse-rules/) which the NYSE invoked to smooth the open today. Here’s the Cliffs Notes version:
(a) In the event that extremely high market volatility is likely to have a Floor-wide impact on the ability of [Designated Market Makers] to arrange for the fair and orderly opening, reopening following a market-wide halt of trading at the Exchange, or closing of trading at the Exchange and that absent relief, the operation of the Exchange is likely to be impaired, a qualified Exchange officer may declare an extreme market volatility condition with respect to trading on or through the facilities of the Exchange.
(b) In the event that an extreme market volatility condition is declared with respect to trading on or through the facilities of the Exchange, a qualified Exchange officer shall be empowered to temporarily suspend at the opening of trading or reopening of trading following a market-wide trading halt: (i) the need for prior Floor Official or prior NYSE Floor operations approval to open or reopen a security at the Exchange (Rules 123D(1) and 79A.30); and/or (ii) applicable requirements to make pre-opening indications in a security (Rules 15 and 123D(1)).



Guess that means that real time market quotes are gonna be kinda squirrely today?

[mamboni]

Holy smokes, today could be the big one! Look at the Russian market:

751

[Dogman]

Holy smokes, today could be the big one! Look at the Russian market:

751http://gold-silver.us/forum/attachment.php?attachmentid=751&d=1313674331

[JJ.G0ldD0t]

http://gold-silver.us/forum/attachment.php?attachmentid=751&d=1313674331

OH NOES?!?!


(wut does it say?)

:D

[MNeagle]

OH NOES?!?!


(wut does it say?)

:D

Go to bunker now!

[mamboni]

OH NOES?!?!


(wut does it say?)

:D

Yo yo yo Goldballz my man:

Can't you read boy? Ok ok homey, I'll translate:

Russian futures down the toilet this AM. Only stock bucking trend Stolichnaya Distillery. Putin has called emergency session of ministers and emergency order for 6 cases of Stolichnaya vodka. The exchange has been ordered closed but the floor bar will remain in operation. If you are Russian middle class worker who own stocks, you just became a peasant. Putin has ordered free Stolichnaya for the people.

[JJ.G0ldD0t]

Yo yo yo Goldballz my man:

Can't you read boy? Ok ok homey, I'll translate:


Russian futures down the toilet this AM. Only stock bucking trend Stolichnaya Distillery. Putin has called emergency session of ministers and emergency order for 6 cases of Stolichnaya vodka. The exchange has been ordered closed but the floor bar will remain in operation. If you are Russian middle class worker who own stocks, you just became a peasant. Putin has ordered free Stolichnaya for the people.

Well.... I wasn't sure.

I was reading:


[/URL][U]В Чехии принят закон о выплатах FREE VODKA противникам коммунистической власти. Теперь к ветеранам Второй мировой могут приравнять убийц полицейских.FREE VODKA!! — следствие того, что в правительстве засело "шапито антикоммунизма". Оно ради отвлечения внимания FREE VODKA проблем объявило войну истории и захотело приравнять коммунизм к нацизму FREE VODKA!!!! (http://www.pravda.ru/world/)
(http://www.pravda.ru/world/)

[JJ.G0ldD0t]

Bumping this...
Check the live finviz tags in the OP.

Au up 2% Ag up 3%

[Neuro]

Dow down 232 points now g'morn plungers!

[Libertytree]

Did the Bernank hand QE3 off to Obama? He sure does need it.
Is this why the really bad job numbers were dumped on the market this morning and they didn't pad/lie like usual.
The job numbers have been this bad for a while, but now they fess up just before the Obama rolls out his "new deal" with his own type of QE. The timing of this makes it seem obviously phony to me?

Seems fairly obvious....It's time for BOLD new action! Thankfully we have a government and a president that can and will take decisive measures to get America back to being the superpower it rightfully is. (MAJOR SARC :/