Carlin: Wall Street Owns Washington

JAPAN JUNE MARKET CRASH !! USD/JPY 93,80 !!!! Nikkei Dropped More Than 20% From High!


If you believe May was bad, than better hold on to your hat

May was just the tipping point..

check out the charts that i put together. (if you can’t see the chart + text, please click on the link below each chart to a bigger chart):

Nikkei futures (daily). It broke through the 50 day moving average on Friday. Strong signal of more selling to come 
nikkei50

BIG CHART: http://s8.postimg.org/9uhblgath/nikkei_futures_50.jpg

LOOK AT THE GIANT GRAVESTONE DOJI ON THE MONTHLY CHART! NEVER HAVE I SEEN ANYTHING LIKE IT! VERY BEARISH SIGNAL!
gravestone
BIG CHART: http://s24.postimg.org/gm88jjxmd/Nikkei_monthly_gravestone_txt.jpg

THIS CHART SPEAKES FOR ITSELF:
volume
BIG CHART: http://s22.postimg.org/56ja1qf35/Nikkei_monthly_volume.jpg

 

Volatility is back!

During the past month, investors have been on a roller coaster ride. Worries about when the Federal Reserve and other central banks might cut back on their stimulus plans have frayed some nerves. The Dow has swung more than 100 points during seven out of the eight trading days so far in June. Compare that with January, when the Dow had only four 100-point moves during the entire month. CNNMoney’s Fear and Greed Index has also been whipsawed, sliding into extreme fear for the first time in a year Wednesday. Just a month ago, the index was sitting comfortably in extreme greed. Related: The upside of …
Read more:

http://money.cnn.com/2013/06/12/investing/volatility-vix/index.html

Japan’s Nikkei 225 Stock Average fell 6.3 percent to 12,456.92 as of 11:03 a.m. The gauge dropped more than 20 percent from a May 22 high, and is poised to enter a bear market at the close.

http://www.bloomberg.com/news/2013-06-13/japan-s-nikkei-225-falls-20-from-may-22-high.html

Yen

94.65-0.720.76%
JPY Surges Most In 3 Years; “Buy-The-Dip-Mentality” Gone
Dollar slumps to 10-week low versus yen, hedges unwound as Nikkei plungesFrom r@uter$.comThe dollar slid to its lowest level against the yen in 10 weeks on Thursday as Japanese shares dived, prompting investors to unwind short bets on the yen amid uncertainty about the Federal Reserve’s next move. The dollar fell to as low as 93.90 yen at one point as the Nikkei .N225 tumbled 6.4 percent. It last traded at 94.27 yen, a level not seen since April 4, when the Bank of Japan unleashed an audacious easing program that accelerated the yen’s slide. Traders said that a lack of fresh incentives to sell yen and buy stocks – a one-way trade that dominated the market between November and May – was …
read more:
Low Life Japanese Last ditch efforts to raise Nikkei 225 involves 16 YEAR OLD GIRLS RAISING THEIR SKIRTS in relation to bond markets performance
While the full court press propaganda express in Japan’s media that ‘Abenomics’ is working may be flagging a little in the face of the recent 20% collapse in equity prices, there appears no limit to how low they will stoop. It is not the first time you girls have been used to promote the benefits of buying Japanese bonds (as we discussed here), but, as The Telegraph reports, a four-member band of 16-year-old Japanese girls will be raising (and lowering we suppose) the length of their skirts based on the Nikkei 255. The band – Machikado Keiki Japan, which roughly translates as “street corner economic conditions”, debut single – Abeno Mix (seriously!) – has karaoke references to quantitative easing and construction bonds.

Wubbo Ockels