Suddenly, Everyone's In the CRASH Camp

Originally posted by Angiras
reply to post by projectvxn

 

Actually, Helig the breakers make perfect sense if you are one of the big Banks or Hedge Funds, which control the DTCC (the trade clearing house), and have your High Frequency Trade black box set up to take advantage of the system. Its a way for the big boys to cash out, in the first few milliseconds of a trading day, while the little guys are trapped and creamed mercilessly. If you are in the market at this point in time, you better get out quick, before the death spiral begins.

That was kinda my point. They stacked the deck in favor of the big boys.
And you're right, if you're not involved in HF Trading then I suggest you get the hell out now because you cannot compete with this and YOU WILL get creamed.

[edit on 20-5-2010 by projectvxn]

[edit on 20-5-2010 by projectvxn]

Statistically this should mean one thing

Go the other way and buy into this weakness

It pays to be a contrarian that dollar cost averages

Originally posted by projectvxn

Originally posted by Angiras
reply to post by projectvxn

 

Actually, Helig the breakers make perfect sense if you are one of the big Banks or Hedge Funds, which control the DTCC (the trade clearing house), and have your High Frequency Trade black box set up to take advantage of the system. Its a way for the big boys to cash out, in the first few milliseconds of a trading day, while the little guys are trapped and creamed mercilessly. If you are in the market at this point in time, you better get out quick, before the death spiral begins.

That was kinda my point. They stacked the deck in favor of the big boys.
And you're right, if you're not involved on HF Trading then I suggest you get the he'll out now because you cannot compete with this and YOU WILL get creamed.

HF trading has been around for at least 10 years. In 2000, Goldman, Sachs & Co. even sent their CTO to spin off a computer company to create a system specifically designed for HF trading. It contained 24 half-motherboards each running Linux and concentrated IO into a pair of IO servers. Optimized for HF trading, the company had a hard time trying to find applications other than HF trading.

reply to post by GreenBicMan


dood,

SHHHHHHHHHH!!!

reply to post by GreenBicMan


I don't know man. I think it's hedge with hard assets time. If you are not hedging at the VERY least 60 % of what you have, then you are not being responsible with your money.


I like silver.

I don't invest in silver though. I buy and hold silver for later emergency use. I treat precious metals like I treat foodstuffs, guns and ammo. To be used only when needed.

I don't buy any of these for their resale value. I buy them for their usefulness.

reply to post by projectvxn


In reality, nothing is worse off than we were 1-3 months ago.

What is worse is the rhetoric coming from the EU. All their political posturing is causing uncertainty. Uncertainty brings volatility.

This does happen in the markets and most often happens in the last legs of a bull run.

We go up one more time before the next year - > three years in a non trending chopped market. One thing I would recommend when this happens is learn price equilibrium theory and apply it to the SP 500 after we hit 1300. And we will.

Again, I must reference the energy crisis in the early 70's as we have fit that model of recovery almost eerily since early last April when I was stating it way back then.

Anyway, I can't or do not wish to comment on silver as I have no clue and I am in gold but thinking about just getting out.. I am unsure it isn't enough money to keep me awake, but still any open position still gives you nervousness IMO.

I do not discretionary trade for a reason anymore, the only reason is on a day to day basis unless you are in the beginnings of a bull or bear market it is almost a coin flip as to what is going to happen. I might try a $5 dolla holla in forex sometimes and try to cash in on 200:1 leverage, but that is my style.

Best bet would be to dollar cost average into positions that way you are always averaging in for a lower price than the current one. It is a mathematical certainty and can't be disproved by any 1 time in history. So I will stick with that as far as advice until I we see DOW 0, and then I won't have electricity to check it out anyway

[edit on 20-5-2010 by GreenBicMan]

This video (although a long one) is a good analysis of the overall situation in my opinion, which they describe as a meltup, vs. meltdown. Warning: Not for the faint of heart



www.youtube.com...

Everyone has just realised that the "Green shoots of recovery" are actually gangrene spreading.

reply to post by GreenBicMan


In reality we've continued to compound our debt obligations and there is no backstop to sovereign debt. I like you relative optimism, I just hope you don't let that optimism cloud your judgement in the coming weeks and months.

reply to post by St Udio

Do you realy think your paper gold is going to survive.

Maybe you should do a bit of research and see how the bankers that held gold started to lend more promise to pay the bearer on demand, real gold, than they had in the volts.

200 years later things are much worse.

You would be better buying some garden tools that will not only help you to plant the garden but also usefull to defend yourself or if you must have gold then ensure it's in your hand or go after something thats can be traded in smaller lumps like silver eagles that will set you back about $22 each.

We need people like you, i'm not haveing a go at you but you should consider what i say.

Originally posted by GreenBicMan
We go up one more time before the next year - > three years in a non trending chopped market. One thing I would recommend when this happens is learn price equilibrium theory and apply it to the SP 500 after we hit 1300. And we will.

I can see your a smart investor and did some profit taking to buy yourself a crystal ball and yes i think you could be right because all the trillions of dollars created as digits by the banks need to gain a return called interest so it's off to the casino where the stakes on the fall of a ball get higher.

The money is not productive if it is not being lent out to people that can afford repayments or is being used to create real physical wealth.

Now i know you don't agree with me but just make sure your out the casino before the lights go out else you will be left with nothing.

Did you watch that vid 'Meltup' i prescribed for you

reply to post by LieBuster


Dude, I'll never watch that and you prob. shouldn't either because it is most likely full of misinformation and generally bad advice.

Best bet would be to never trust anyone's judgement but your own. It is always the best advice.

reply to post by projectvxn


Debt doesn't bother me as we will always be able to finance this with our military power. It is the sad reality (for those other countries)

Originally posted by GreenBicMan
reply to post by projectvxn

 

Debt doesn't bother me as we will always be able to finance this with our military power. It is the sad reality (for those other countries)

I'm not sure that's true anymore. Foreign debt buyers have been financing our military forays for some time now. It is my opinion that these guys(China-Japan-Saudi Arabia) will eventually come to a point where they must decide between mismanaging their funds and potentially stoking revolution for little in turn from the US, or they will cut the US off, cut their losses, and force our collapse for their own security.

You can't buy enough gas for a battle tank with toilet paper, and toilet paper denominated assets.

[edit on 22-5-2010 by projectvxn]

Originally posted by St Udio
the most recent black-swan item is the Germans halting naked shorting, CDSs an other paper, especially with their own big 10 banks...

After ppl kept mentioning the Wiemar republic and a few germans
cracked their history books they decided they would take the
history lesson and benefit from it, and so the vote went.

The rest of the world for the most part has not realized that
hyperinflation has occurred 34 times, 35 if you count the
100 to 1 revaluation in N. Korea.

34 examples of hyperinflation

You take this and the $1,500 Trillion global derivatives bubble
and just these two aspects point to a grim scenario.

They have been using tax payer money to short gold and silver
to hold the dollar afloat ???

That is a sure sign they are burning paper money to make metals
look bad on a naked short of precious metals.

They tried to kill the man that brought all this to light and its
gone to a CFTC investigation now, not that they are not paid
off stooges of the puppeteers as well.

The corruption is so pervasive and deep that just a lack of faith
is starting to have an effect and I think some ppl are hoping for that
so they can buy up things on the cheap once "the real" bottom hits.

I do not think we are there yet, and a LOT of ppl who have been
correct a LOT think the same thing.

Good Luck to you all !

reply to post by Ex_MislTech


That 1,500 Trillion Number is only about 1000000% exaggerated, just FYI. Based on quite a bit of misinformation actually.

Only comment.

reply to post by projectvxn


Well, I guess all I can say, and all I have ever said, or known in my life is what I know and the history I have researched. This does not go back beyond 1900.

I will always play that stacked deck if I have that possibility. Nothing is ever for sure but..

That's the best I got mang'

Originally posted by GreenBicMan
reply to post by projectvxn

 

Debt doesn't bother me as we will always be able to finance this with our military power. It is the sad reality (for those other countries)

Our military power is built on debt.

If the top bond holders world wide liquidate we couldn't finance
hookerfest 2010 in DC, though that has been a yearly event for
some time now.

The largest part of the US budget is defense spending,
SSI and medicaid comes next.

The US has been slowly de-industrialized on purpose over the last
few decades.

Our number one export is debt.

The US economy runs on its transportation system, and when fuel
shoots thru the roof due to just a small amount of inflation it will
fall the hell apart.

We got a small glimpse of that when oil spiked to $147/barrel.

Even if you are alluding to us showing up and strong arming
the small nations it will not matter as the oil is running out,
and the dollar is close to losing world reserve currency status.

The end is closer than most know, and Hubbert's peak hit the US
just like he said it would, and the global version occurred around
May of 2005 per the DOE and other sources.

We are now on what they call the bumpy plateau.

the recession lowered demand and bought us some time til
the next bump in the supply vs. demand chain.

Good Luck to you all !

reply to post by Ex_MislTech


Liquidate?

I don't know man, thats pretty far out there, for me at least personally. Of course anything is up for discussion.

Originally posted by unityemissions
Well I've been in the collapse camp since about 2004.

But you're correct. In the last 6 months, several people who I've been screaming at for a few years now that it's all going to crash and burn are now saying the same, whereas originally they thought I was a bit crazy.

When the (almost) majority are starting to see it, you know it's just around the corner. The cool part about this (personally) is that I'm mentally and emotionally prepared after going through many scenarios over and over in my mind. I've practically lived through the apocalypse at least 1,000 times already.

Me too, lol.... and I used to just have a BOB prepared...now I also have a camper fully stocked, and 3 houses fully stocked with food food food, , all in different towns at different elevations, seeds, survival everything is all I have spent my money on for the past five years or so, even have planters and things growing for in the camper all op on the section for the top bed.....we can sleep on the floor if we have too... I can take care of my five year old, myself, and half the neighbourhood now.

We had to start using up some of the older stock, and have been living off of it for the past six months with a TON left, andmit has all been replaced plus more already since we don't need to buy groceries, we just keep stocking up..... plus we have many different sized BOB, and even a little backpack on us every day when we are out and about because you never know when... yeah I sounded crazy for so long, but now I just lok like a responsible single mom!

[edit on 22-5-2010 by mellisamouse]