Black Monday

bond_trad3r_II · Apr 30, 2015

I'm not really calling for a black monday. I just noticed that everytime I post this thread, Monday is a big up day and we being another leg up. I'm long right now, so I'm hoping Monday is another big day...

History never repeats...

loyek590 · Apr 30, 2015

that 18000 on the dow has been like a magnet. Every time we get there many baby boomers reposition like they should have done when they were 55 years of age, but now they are finally even.

And the sheep come back in and say, "I just heard on tv we are at a new high, maybe I should buy, I don't want to miss this one like I missed the last one."

If you bought at the bottom in 2009, 18,000 is just another reminder that at some point you need to take some profits.

For the rest of us, we are always long and it is just more bullshit fodder for cnbc.

recession2016 · Apr 30, 2015

bond_trad3r_II said:
I'm not really calling for a black monday. I just noticed that everytime I post this thread, Monday is a big up day and we being another leg up. I'm long right now, so I'm hoping Monday is another big day...

History never repeats...

are you saying because you're bullish that monday will be a down day?

loyek590 · Apr 30, 2015

Monday May Fourth 2015 will be the day they talk about for years to come. You will remember where you were that day and what you were doing and what you had on.

It may not be that exact day, but it will be another day coming soon (if you live long enough.)

bond_trad3r_II · May 1, 2015

Ha stocks up. I wonder what will happen Monday...

povstanets · May 1, 2015

loyek590 said:
Monday May Fourth 2015 will be the day they talk about for years to come. You will remember where you were that day and what you were doing and what you had on.

It may not be that exact day, but it will be another day coming soon (if you live long enough.)

I would love to hear this story... care to enlighten us on what you see?

S2007S · May 1, 2015

New highs next week....no risk all reward all the time, anytime this topic is at the top of the page it only means we're going to historical highs....
markets should end the week up 2-3% next week....dow to 18,400+ next week, zero risk, futures will jammed up about 1/2% come Sunday night..

loyek590 · May 2, 2015

povstanets said:
I would love to hear this story... care to enlighten us on what you see?

I'm pretty sure something bad is going to happen soon. And my premonition is backed up by science. If you watch the Science Channel, you know that they almost all agree that someday the sun will burn out. How would you like to be short beans the day the sun burns out? Your whole account could be wiped out in minutes! That's why we are advising all our clients to be "cautious" when considering long term short bean trades, and also wheat and corn.

povstanets · May 2, 2015

loyek590 said:
I'm pretty sure something bad is going to happen soon. And my premonition is backed up by science. If you watch the Science Channel, you know that they almost all agree that someday the sun will burn out. How would you like to be short beans the day the sun burns out? Your whole account could be wiped out in minutes! That's why we are advising all our clients to be "cautious" when considering long term short bean trades, and also wheat and corn.

Not sure if your being serious?! ...either way I too enjoy the science channel and you're right, there are numerous events such as a large solar flare or pandemic to name a few.

"We know a pandemic has occurred every 10-50 years for the past few centuries, and the last one was in 1968, so we're overdue one. Epidemiologists do not talk of whether there will be a new pandemic, but of when it will occur.

The Spanish Flu of 1918 killed one in five of those infected, some 40-50 million people worldwide, which was more than the guns of World War I."

http://www.bbc.com/future/story/20130711-what-if-a-pandemic-strikes

"If an asteroid big enough to knock modern civilization back to the 18th century appeared out of deep space and buzzed the Earth-Moon system, the near-miss would be instant worldwide headline news. Two years ago, Earth experienced a close shave just as perilous, but most newspapers didn't mention it. The "impactor" was an extreme solar storm, the most powerful in as much as 150+ years.

An extreme CME such as the one that missed Earth in July 2012 could cause widespread power blackouts, disabling everything that plugs into a wall socket. Most people wouldn't even be able to flush their toilet because urban water supplies largely rely on electric pumps."

http://science.nasa.gov/science-news/science-at-nasa/2014/23jul_superstorm/

In anticipation of a large global pandemic I've personally considered going long Gilead Sciences (GILD) who developed Tamiflu, the only oral antiviral for treatment of influenza A and B.