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Typo: 1987

He's always introduced as "calling the 1997 crash". Then again, he calls for a correction every other month. Also said to have invested very very early in asian real estate (Singapore, Hong Kong) in the mid 80s, way before anybody had it on their radar screen.

In case you missed it: that was the whole point of this thread from post 1!

Now you know why these clowns work at a TV station making 250k before taxes a year and not trading their own accounts making 2.5m a year.

Here we go again: ES -0.5% DAX -1.0%

Interactive Brokers.

Just thought I'd update the graph :p

Sell-offs usually occur first and the reasons appear at a later time. In hindsight, the selloff then appears so logical and justified while at the day of the sell-off everyone shook their head and wondered what the hell was going on. Stock prices are not always closely correlated to...

Ah good ole' Abby. Wasn't she the one pumping the market in late 2000 and early 2001 when it was tanking every week and she saw value and "superior business models" all over the prices? I'm thinking... won't valuations be even better if we were to tank another 25%????? Oh the opportunities!!! :D...

I wonder how their short ES puts are doing right now!!! :D

This is freaking me out, too. They need to have an option in place "LOCK PAGE TABS" so they don't get moved and detached by accident. Jesus.

I am not surprised, with billions of dollars in market capitalization vaporized within 72 hours. This will take weeks to fully unravel. This doesn't mean the market will collapse and Dow goes to 7000. It could go anywhere. What I mean is the volatility won't go away until the majority of the...

Famous last words.

Yep but very slowly. And SPY put protected.

JPY what's so hard to understand here.

JUST A QUICK REMINDER: THERE IS NO RISK!!!!!!!!

It can become a vicious circle, depending on the amount of capital adversely affected... critical mass is needed. They're leveraged USD long/JPY short 10x. Then the USD went 3x leverage into long ES. Worked great, just not on these certain days :p when the JPY rallies something like 1.5% &...

No more complaining from you about lack of volatility and opportunities :D

Great, I am thinking to anybody who thought stocks were undervalued at 1450, imagine what great value they could have at 1250 or 1050!!!!!! :p

JPY