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Started By
Message
Dont let today's fools gold fool you.
Posted on 8/9/11 at 3:29 pm
Posted on 8/9/11 at 3:29 pm
I would suggest getting in large on SH,SDS
and URPIX. This bear market will be very choppy.
Today is a good opportunity to prepare for the the fall down to the 1000 level.
If you have a margin account you can also short
SPY and SSO to put the slippage in your favor.
Im told that we will be hitting the 1000 point mark in as few as 15 trading days.
If this happens and you are in one of the above it will be very profitable.
Good luck.
and URPIX. This bear market will be very choppy.
Today is a good opportunity to prepare for the the fall down to the 1000 level.
If you have a margin account you can also short
SPY and SSO to put the slippage in your favor.
Im told that we will be hitting the 1000 point mark in as few as 15 trading days.
If this happens and you are in one of the above it will be very profitable.
Good luck.
This post was edited on 8/9/11 at 4:11 pm
8
Posted on 8/9/11 at 3:33 pm to Baylor
quote:
I would suggest getting in large on SH,SDS
and URPIX. This bear market will be very choppy.
Today is a good opportunity to prepare for the the fall down to the 1000 level.
If you are experienced in options you can also short
SPY and SSO to put the slippage in your favor.
Im told that we will be hitting the 1000 point mark in as few as 15 trading days.
If this happens and you are in one of the above it will be very profitable.
Good luck.
yawn
Posted on 8/9/11 at 3:35 pm to Baylor
quote:
would suggest getting in large on SH,SDS
and URPIX. This bear market will be very choppy.
Today is a good opportunity to prepare for the the fall down to the 1000 level.
If you are experienced in options you can also short
SPY and SSO to put the slippage in your favor.
Im told that we will be hitting the 1000 point mark in as few as 15 trading days.
If this happens and you are in one of the above it will be very profitable.
Good luck.
Posted on 8/9/11 at 3:39 pm to Baylor
Haters gonna hate brah. Shake em off.
Posted on 8/9/11 at 3:40 pm to Baylor
Posted on 8/9/11 at 3:44 pm to Baylor
How long does your friend say to hold the SH,SDS
and URPIX? Do you mean to type 10,000 instead of 1,000?
and URPIX? Do you mean to type 10,000 instead of 1,000?
Posted on 8/9/11 at 3:48 pm to TulaneLSU
quote:
Do you mean to type 10,000 instead of 1,000?
1000 S&P
Posted on 8/9/11 at 4:10 pm to saint308
Everything is based on the S&P
Posted on 8/9/11 at 4:13 pm to Baylor
quote:
I would suggest getting in large on SH,SDS and URPIX. This bear market will be very choppy.
I would suggest betting on the Don't Pass line, your chances are about the same.
Posted on 8/9/11 at 4:17 pm to foshizzle
IDK why you guys don't just let him do his thing, he's made it clear he's just passing along information. He said there was a SHTF moment coming like a month and a half ago, and sure enough it did. Even without any reasoning or understanding of what drives said prediction, at least give him a chance to be wrong.
Posted on 8/9/11 at 6:05 pm to kfizzle85
quote:
He said there was a SHTF moment coming like a month and a half ago, and sure enough it did. Even without any reasoning or understanding of what drives said prediction, at least give him a chance to be wrong.
Didn't he say he has a 'friend' who advises him so he's just passing along what the friend says?
Posted on 8/9/11 at 6:08 pm to LSURussian
quote:Yes.
Didn't he say he has a 'friend' who advises him so he's just passing along what the friend says?
This post was edited on 8/9/11 at 6:13 pm
Posted on 8/10/11 at 12:48 am to Baylor
Does the Fed announcement that interest rates will remain low forever or 2 years change your friend's analysis for the 15 day target?
Wouldn't this be a new variable?
Wouldn't this be a new variable?
Posted on 8/10/11 at 7:49 am to djmicrobe
That damn Fed. Always fricking up the free market.
Posted on 8/10/11 at 8:13 am to kfizzle85
quote:
IDK why you guys don't just let him do his thing, he's made it clear he's just passing along information. He said there was a SHTF moment coming like a month and a half ago, and sure enough it did. Even without any reasoning or understanding of what drives said prediction, at least give him a chance to be wrong.
I agree with this.
The guy played like a champion when it seemed like he was wrong and he stuck to his guns. He's earned some level of respect.
His cryptic nature is kind of infuriating, though.
Posted on 8/10/11 at 9:26 am to djmicrobe
I don't think it is. There's this large and loud contingent of people who continually harp on QE2 (although none of them were around for QE1) and blather on about it constantly, probably in thanks to talking heads doing just that, talking. Those people probably thought fed rates were going up soon. Meanwhile, real market participants did not, and this is verifiable and easily observed by looking at the fed funds futures. Of course, trying to explain wtf the fed funds futures is does not make for nearly as good a story as "printing billions and pumping up the economy hyperinflation ohnoes!"
Posted on 8/10/11 at 9:59 am to kfizzle85
Precisely why some dumbass bought 30-YR TIPS at auction in February and continued reducing equity exposure. 
I seriously do not understand how people conceptually could believe tightening would occur with unemployment > 9-10%+.
I seriously do not understand how people conceptually could believe tightening would occur with unemployment > 9-10%+.
Posted on 8/10/11 at 10:01 am to tirebiter
Because they're DESTROYING OUR ECONOMY!!11!1!!
At least that's what I was told.
At least that's what I was told.
Posted on 8/10/11 at 1:59 pm to TheHiddenFlask
quote:
His cryptic nature is kind of infuriating, though.
It's not so much the cryptic nature that turns some people off IMO, it's the "this will happen and it is immenent, thank me later" mentality.
He - and the supposed person that is feeding him info (which I seriously doubt the existence of) - are simply trying to time the market. They are no different than any other market timer, yet he presents himself and his supposed info as some kind of undisputed inner-workings knowledge of what's to come in the near term for the most efficient market in the world.
This post was edited on 8/10/11 at 2:07 pm
Posted on 8/10/11 at 2:08 pm to JPLSU1981
I don't get that impression at all, but I'm also not trading anything.
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