Today's Stock Market Crash: Mr Reasonable

Here.

investopedia.com/university … option.asp

Put your brain on that and come back and talk to me about options trading. Then we can pick companies you hate and I’ll watch the stocks and try and make guesses about where they’re going and why. Then we can fuck around and keep track and see if you’d make any money off the moves you’d choose. If you decide you wanna risk it, I’ll show you how to open and fund an account and you can start being a contrarian investor and you can make some money off your predictions possibly.

The risk in options trading is significantly higher than in trading stocks or etfs on thier own, for a variety of reasons, but the trade off is that you can get in and start doing it on the cheap cheap and when you make money you make good money.

Like if you’d bought the option to short QQQ last week, then a small amount of money would be a big amount of money now, then you’d have money to make money with.

Under a normal market I might of became an investor, speculator, or gambler but in today’s markets it’s a fool errand I think. There is no natural ebb and flow to these massively rigged markets where I am surprised you’re not getting your face ripped off as a majority of day traders have the last fourteen years.

A majority of these ex day traders have either drank themselves to death, jump off of rooftops of buildings, or have committed suicide realizing that they finally have to get a real job again.

Did you not read what I wrote? Volatility can be a good thing for trading, and trading making money by selling contracts at a premium to people who’ve lost their asses can be very gratifying. Just read my post again and think about it for a minute.

Most people in the “real job” crowd can’t stomach the risk that it takes to do better than you can do with most “real jobs”. Are you a sheep or a wolf?

Again, it doesn’t matter which way the economy is going. You can make money either way. Of all the things you can spend time learning, the most valuable is how to make accurate predictions about what’s going to happen in the near future. You seem pretty confident in your predictions, if you really are then you’d be a fool to get up and go shovel shit when you could be putting money away while playing video games and watching CNBC.

No, I read it all. :wink:

Also on a side note, I saw Sepultura once, they came with Ozzy and Type O Negative. Good show. Sometime in the 90’s. Then another time I spent New Year’s at a death metal dive bar in Brooklyn and one of the guys from Type O Negative was there along with a bunch of other “famous” heavy metal dudes. Crazy shit.

There is simply no way for the common man to make any money in today’s market casino as it has made sure to price out anybody that doesn’t have a lot of money to begin with. I know this because years ago I looked into doing what you’re suggesting here.

If there was a way to make money off of my predictions believe me I would of already be doing so.

If it was so easy to make money in the stock market like you’re suggesting that it is everybody would be doing it and nobody would work at all.

I just told you how. If you think that the S&P is going to drop again in the next week, then throw what you can into the short options on QQQ and take the money when it happens. If it doesn’t, then you may lose what you put in, but I think it’s safe to say that you’ll see some volatility there on the short term and there’s enough volume in the shares to where someone surely will be hitting you up for those contracts. You wont make an exponential profit, because it’s pretty obvious to everyone that the volatility is there so the options won’t be pennies on the dollar, but you’ll make something.

The market doesn’t know if you’re a common man or not. It just knows how much things are trading for at current in real time. You’re saying that there’s no way to make money…an entire class of society disagrees.

Yet it takes capital to make even more capital.

What are you going to when everything collapses where you go to the front counter and there is nobody there manning the station to give you any returns on your investments? What then Mr. R. ?

It’s all online. Trades aren’t executed by people. Also, I think a better question is, "what are you going to do when your knees and back hurt too much for you to work for long enough to make rent and feed yourself? The likelihood of someone struggling financially in their old age is significantly greater than that of the whole world economy crashing and humanity existing in a dust bowl of poverty.

Do you really think that it’s impossible to do something to take care of yourself in the future? Like you really think that there’s no way whatsoever?

Some old people eat cat food and wrap up in a lot of blankets in the wintertime and freeze to death and shit. Others have central heat and young nurses and painkillers.

Today’s word is vindication in that I feel vindicated after this week’s events. I’ve warned people many years that this day would come and now it seems to have finally arrived.

I was called crazy, a crank, and nutter by most as nobody would listen to me yet here we are now. For sixteen years I’ve consistently tried to tell people what will happen and I was ignored every time. Well, who’s laughing now? :laughing:

The problem with recessions, crashes and depressions is that they can become catalysts to ignite large scaly mystery and death, where not only evil people die, but innocents and children. The Great Depression in a sense had a very nasty consequence, at least WW2 contributed to the solution for saving Capitalism. Industries geared up, employment sharply normalized and society on the whole became normalized with increasingly up beat attitudes. Mass projection of civilians became used toward the slaughter-sacrifice of their young men, leaving civilian males, usually of second rate non alpha left overs to be able to compete in a lesser field for an abundance of females working in factories, able to support them. Women , left behind, often widowed by the slaughter of their fighting men abroad, were willing to settle for less, sometimes far less then what they would ordinarily settle for.

The vagaries of recessions have similar consequences as the real estate bubble’s collapse bore out.Literally hundreds of suicides and thousands of. non functional people and families became trapped in the waning capacities of the helping institutions of the United States.

Lets hope the market recovers and things will normalize.

Creation of the new can’t happen without some cataclysm of destruction, you can’t have one without the other.

Historically, yes, cataclysm usually produces change, short term maybe appealing bit long term- devastating. Look it the French Revolution - lead to a democracy which is dying as we see

Democracy was history’s worst mistake…

[youtube]http://www.youtube.com/watch?v=o8DW-QolX5s[/youtube]