WARNING ALERT, Oct 1-4 Beginning of collapse 80%

Obviously you will disagree with me but I gotta tell you.

Dismissing every conspiracy theory as pure imagination is like being a modern day redneck.

All goofy and uninformed of how real world works. But hey, who am I to tell you where to get your information and how to process it.

 

that your other nick?

 

I want to make a small funny observation if I may.

Out of 200-300 people who visited this thread,
(not 500 at this point because some people have clicked on more than once, a good trader knows how to make counting objective)

ONLY 2 people have decided to look at 10 or 11 remaining posts I made previously.

Those posts have nothing to do with this thread. But that's not the point. The point is only 2 people took the 2 minutes needed to look at remaining posts to see if this guy HarbingerQ is a lunatic with nonsensical posts or whatever.

The final point is this :

To be a successful trader, you gotta have inquisitive nature, like a mini detective so to speak. If you drink your coffee in the morning without ever asking yourself where does it come from and how is it made.

Well then in my opinion, you are not meant to be a successful trader, maybe a successful MD or Attorney or a Cook. But not a trader.

 

A number of indicators, both fundamental and technical, suggest the market is due for a major correction:

CAPE > 20
NYSE margin leverage (largest reported since 2007)
Monaco yacht show (largest turnover since 2007)
Pre 2008 collapse trend channel recently reentered
QE-to-infinity rally fizzled out quickly

Then again, I've been waiting for a crash since 2010

 

http://advisorperspectives.com/dshort/updates/NYSE-Margin-Debt-and-the-SPX.php


Margin debt charts and more...

 

I'm ok with the scenario you lay out, but I would like if you share your reference for the the timing.. ?

 

entered ITM puts on FAS today. Actually did weekly calendar using this week and next. Losing so far.

September classically a weak month. But having lived through the 80s and the last 90s into 2001 - nothing surprises me anymore. Buy the dips works until - it doesn't.

 

The "buy the dips" crowd always push their luck too far..

 

I think the high occurred the day after announcing no taper, unless the Fed does QE > $85 billion in the future.

 

Where do these people come from?