Assume lets say, that you know exact date and time of Collapse

Thoroughly enjoyable to see certain ppl on here annnounce that their "friend" is a clairvoyant and knows the exact date the markets will supposedly tank.

This is better than watching SNL....
 
suggesting his friend is clairvoyant as much as he's implying his friend is "in the know" of some inside information. Either way, it's just another case of someone predicting a crash in the near future. How many of those have come on gone over the years? Unfortunately, he may be right about it in the same fashion a stopped clock is right twice a day.
 
Quote from JohnathanIII:

My source is a then childhood and school friend now banker for 20 years. He told me of the coming crash in 2011 at BBQ and told me the {date and time}. I love him like a brother and would never betray him. He didn't want to tell me detail because he is afraid to.


You really believe this?
oh my!

....one born every minute....
 
Quote from JohnathanIII:

No you are wrong. Markets will only go up if Federal Reserve starts adding zeros to US dollar and according to my source there won't be time for that.

Thanks for your 2 cents, much appreciated.
I can't tell the date other than it will definitely be in 2011.

You have no idea how what you're talking about. Neither does your source. The FED can respond to a collapse within minutes. The inverse relationship between the dollar and S&P is as old as the hills. And nobody knows the exact time and date of anything unless it's coordinated by the Government itself. Which is possible, but wouldn't play out as you describe. A dollar collapse means assets priced in dollars become extremely expensive. Stock market included. What you're saying is nonsense.
 
This is it. This is the answer. It says here that a bolt of lightning is gonna strike the clock tower precisely at 10:04 p.m. next Saturday night. If we could somehow harness this bolt of lightning, channel it into the flux capacitor, it just might work.

Next Saturday night, we're sending you back to the future!
 
Quote from tiddlywinks:

This is it. This is the answer. It says here that a bolt of lightning is gonna strike the clock tower precisely at 10:04 p.m. next Saturday night. If we could somehow harness this bolt of lightning, channel it into the flux capacitor, it just might work.

Next Saturday night, we're sending you back to the future!

I don't need to be here anymore. Still. It's kind of fun wasting time with you people. Perverted fun :D

You are a fool. No. I won't apologize. I can prove you are a fool.

debts don't just disappear

"Even if all U.S. citizens were taxed 100% of their income... it would still not be enough to balance the Federal budget! We'd still have to borrow money, just to maintain the status quo. "

The rest of the world is not as stupid as you are.

It is only a matter of time till everyone decides they don't want to trade in US dollar anymore.

When that happens.

USA is finished.

You will be in bread line. Cursing. Blaming God. Blaming Obama, Bush.

I hope you will also remember to blame bosses of bosses. FED !
 
Your friend just fked you over brah. ES at 1290. LOL, now he is looking at a broad picture instead of the next crash. Idiots like you have been predicting for the crash since 1000 in S&P. I'm done with you, keep shorting, I'll keep buying your weak ass hand.
 
Quote from jax88:

Your friend just fked you over brah. ES at 1290. LOL, now he is looking at a broad picture instead of the next crash. Idiots like you have been predicting for the crash since 1000 in S&P. I'm done with you, keep shorting, I'll keep buying your weak ass hand.

It is hard to imagine you as a successful business owner which is what successful traders are. When you can't even read what the thread is about. I am not shorting nor buying. I am waiting for specific date to convert my 45 k sitting in IB account into Toronto Stock Exchange puts. Also. I would like to inform you that you are not my "brah" :cool:

I will echo what you are too illiterate to verbalize.

FED pumping of this market is indeed impressive. I'll give you that.
 
Quote from JohnathanIII:

Hello to all



I am unable to get any real help from my broker Interactive Brokers where I recently opened account. I phoned them and they refused to help me saying they don't deal with investment advice teaching.

They offered me some number to call to invest in their group or fund whatever they call it. But these guys would just laugh at my questions so I won't bother.

Which is why I am here on internet.

Assume just for fun lets say, that you know exact date and time of Market Plunge of 5-10 % and 40% after that in consecutive days. And huge gap downs that never fill. Assume that this will also involve dollar falling severely against other currencies and bank FREEZE for a week till everything settles.

Assume that you know time and date but lets say you don't know about how to profit from this.

I did convert my IB account to Canadian dollars which didn't cost a lot. But what will happen to my money if I buy puts and dollar plunges overnight.

Will my profit be in Canadian dollars?
Is it even possible for me to buy puts on US dollar at so and so time? Will IB honor me as customer and wire me my money when banks open?

Should I open account with strictly Canadian broker ?

Should I just dump $45 000 of calls into gold and silver?
Will my profits be in US dollars if I do that?

Should I just dump money into calls for VIX and let it hit the sky?

How do I profit from US collapse on US markets without burning myself.

I know guys that just own land and gold. That's easy I can buy some if it fine. Problem is I want to make a cool million or two of Unruined money

You might be more successful if you did not waste your time with this hate speech.

http://www.elitetrader.com/vb/showthread.php?threadid=214510
:)
 
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