Economic Collapse

Gracias for the props, B-Surfs.

You're the one going after it in these volatile markets, that takes cojones; and if you're covering the rent & then some, then even more props to you for putting it on the line every day.

How low can oil go, is my question. The contrarian in me starts looking at certain items as borderline over-sold, maybe grab & hold for longer play.

But if you're going spec on it, then yah, the trend is your friend.

 

i dont like it if we cant get recover from last week. i bought volatility and inverses on august 21st and i dont really plan on selling until october. things dont look very good. may be smart to go long on oil right now

 

go long on fascism
pepper spray, drones, and private prisons etc

 

We saw a little bit of a dead cat bounce the past few days, but I know its heading lower. There is NOTHING that leads me to believe that oil prices should rise. I'm waiting till 40 to cover my short, and then buying big.

I've been loving these volatile markets. And Greece made me a ton of money over the summer. Every time the EU opened their mouth about Greece, the Euro plummeted 1% (with forex 10-50 times leverage is the norm, so thats a HUGE swing).

The trade I'm really looking for now is to long china (probably through a 3x etf). Its not time yet, but when China's market gets out if this slump, it is going to take off like a rocket!

 

Dead cat bounce... I keep hearing that today.

 

Greece! That took a bit of cojones. You are a contrarian in some ways, paisan - - nicely played. And, way to ignore the media frenzy. You know the deal: if you're reading/hearing about it, it's very old news from a trading standpoint. But, that's when a lotta folks jump on the bandwagon.

Volatility = profits. Yes. Anyone who fears volatility belongs in money market accounts.

Starting to dip my toes into a few petro issues. Hoping for more drops; easier to establish positions.

BTW, made really good money on F options last year. For what it's worth.

 

Hey Z, nothing says 'we are the world' like a $280 billion cap, massive IP rights, diverse drug products across a wide spectrum of the planet's population & a well-oiled political influence machine.

NVS grabbed the $500 million contract for construction of the only facility in the USA (Holly Springs, North Carolina) to produce cell-based influenza vaccine; this is to combat a major pandemic. (Which the feds obviously believe is inevitable, otherwise why chunk out major coinage for a long-term production facility.)

I think that's a good play, esp if you can grab shares on decent dips. It's trading near YTD lows after all this market yah-yah. These buoyz are into everything & they are unstoppable mid-to-long-term.

 

It only sounds like babble to a child-molesting twitchy white trash addict freak looking for handouts in the name of a totally BS confabulated fakery.

 

Actually, just based upon your posts freaky fruitcake & your stated rampant desire to meet young people.

 

Goldman Sachs agrees with you--they predict a "snap back" soon. While that makes obvious sense to me, me thinks a bit more time may be needed. There will be no imperative to try to time a bottom on my part. I will wait for the rise to be well on its way.

 

didn't Japan have similar issues to China and never really bounced back??

 

In the 80's. Sub-zero interest rates for a long time, deflation, their economy still hasn't pulled out of that flat dive.

But comparing Japan to the USA, in terms of economy, has little merit, IMHO. Any time we get into a bit of an economic morass, hell, we just start another war. Japan doesn't even have a viable military. LMT, buddy, LMT.

 

yeah but kudos to any culture that has sex toy vending machines in public.

 

Really?? Im moving to Tokyooooooooooo!!!!!!!

 

Well, there is that...

 

AKA- the dollar to yen exchange is very favorable for your purchases over there

In general, I think there are some commodity opportunities and I am currently looking at a position in Soybeans.

 

I wonder if that applies to the used panty machines....

 

Soybeans... Really? I'm not hating or anything, it just I have never heard of anybody trading soybean futures.

 

The thing with China though is that their stock market is basically smoke and mirrors. The government has their hands all up in everything.

In the past few years, the Chinese stock markets have been returning 150% plus on the year. Talk about manipulation! I wish I could have shorted it on the way down, but in my mind, its too late for an entry. But I do wanna be in there when it starts to turn around. I'll be putting my limit at 100% profit, setting it and forgetting it...