World market crashes

holding 10K shares of SDS @ 20.42, stop @20.18
shorting some FAS @ 28, stop @ 28

and holding various puts (XLF, GS, MCP ....) for the downfall.

Monday should/will/might be a gap down day.

Quote from Bear Plunger:

Alot of my shorts that had run away against me months ago have all turned in my favor in a major way. They were ADRs (Hang Seng Listed) - the commodities have been pounded, and I'm suspecting that the turn has occured.

We'll see how these integrated oil & gas names go. If oil goes for a free fall then I'd say you better trade those puts quick. You'll miss the move.
 
What kind of garbage is this?

You can't have "will" and "might" referring to the same event.

Quote from mikeenday:


Monday should/will/might be a gap down day.
 
Quote from Fireplace:

What kind of garbage is this?

You can't have "will" and "might" referring to the same event.

+1

Where do these guys come from???

"The market will crash Monday. I'm thinking maybe it will. Well it might." Lol!!!!!!!!!!!
 
I did mean "WILL be a gap down", in a sense of 90% probability, and this still could be "MIGHT". because nothing is absolute certain in this business.

but the only thing matters is that I fully loaded anticipating the fall. And you? my friend. Take it easy and your word does nothing to me at all.


Quote from Fireplace:

What kind of garbage is this?

You can't have "will" and "might" referring to the same event.
 
Oh, I'm sorry, I am not a mind reader. Next time, if you want to use contrasting language you might be better served by making it more clear, otherwise you come off looking foolish. :)

I'm a pure daytrader, not in a position yet but will be several if not more times tomorrow. Better bang for my buck and no overnight risk.

I hope the trade works out for you though, so far so good.


Quote from mikeenday:

I did mean "WILL be a gap down", in a sense of 90% probability, and this still could be "MIGHT". because nothing is absolute certain in this business.

but the only thing matters is that I fully loaded anticipating the fall. And you? my friend. Take it easy and your word does nothing to me at all.
 
Quote from mikeenday:

holding 10K shares of SDS @ 20.42, stop @20.18
shorting some FAS @ 28, stop @ 28

and holding various puts (XLF, GS, MCP ....) for the downfall.

Monday should/will/might be a gap down day.

nice call!
 
Where exactly is all the money going to go? Rich people simply do not tolerate their wealth being destroyed. It will bounce back, and fast.

A crash has to be much more than a 50% slide, more like 90%. We just saw stocks slide 50% a couple years ago and they recovered in a year. That's not a crash.

I'll tell you this, if metals fall 90% I am going to literally cash out everything I own and dump it all into bullion and bury it in the back yard.

Prices are going up folks. No, they don't move in a straight line. But inflation is coming because it HAS to. We've printed too much money and have too much debt for there to be any other way out.
 
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