Standing by the prediction with 80% chance of happening. Price structures can fail. Also, upto 50% decline will be over 9-18 months, protracted and constant. Not a few days snap.
YOU.......ARE........WRONG Hey I would be wrong too if I didn't have inside info. I mean look, I ain't some greenhorn, I am fully aware of circuit breakers. But the overnight gaps will be the killer, not to mention government will use the emergency to most likely close the banks and markets for a week. And when they open........WHAM BAM thank you m....... Man so many will be ruined, and the FED and Government will blame the calamity, you gotta love the level of evil they have achieved.
I respect the markets and even if I am wrong I will humbly accept what the Master.......The Market.......tell me and turns out to be. The correction will be on the scale of Dec 2007 to March 2009 decline, i.e. slow but constant. One or two day snap, highly unlikely.
This thread title mentions a BEGINNING of a 80% collapse this week, and OP talks about another event in November. So noone said there would be a 80% crash this week, even though OP probably thinks about a fast decline. Question is: we have 2 days left only, or the week-end is good too? Not much time remaining...
So, where was the calamity in 1-4 October? Though this must be a joke, I think the scenario pictured by OP is the only way to get out of this mess. The best way for everyone.
I'm glad we have thus far averted complete disaster and sorry if it ruined the party for the doom n gloom'ers. Nice slide just started to happened a bit ago, my puts are doing well, but I'm holding the line right now. Bought back some covered calls this morning and closed out the underlying(s). Something was telling me to get ready to bail on my long positions.
Its October and the VIX is crossing 20 to the upside :eek: . I dont think we going to get a 80% crash, unless there is default of the debt (very unlikely happen). But a 20% correction is overdue, but who knows when??
THe Dow is only down 700 points from the high. This isn't even a pullback yet, why are you saying collapse? SESE MOBUTU
It seems some people are unable to read and understand English Language, perhaps too many foreigners on this site, though I doubt it. Lets RECAP what I wrote. Feel free to read this thread again to verify my honesty here. I showed up and told you, we are going to have a False Flag using tectonic weapons to create Flooding of Western US, causing market crash and debt reset, (default basically blamed on the tsunami) Perhaps 500 000 people would be killed on the coast I said it would happen first week of Oct, IT DIDN'T HAPPEN The 700 or more point fall in DJ market after I created this thread was NOT what I was talking about. The only explanation I have at this moment is that for whatever reason plan was delayed, perhaps till later in October, I don't know. My puts are still doing fine, and I am not changing anything at this point. I want to make additional point, I do NOT believe that Pentagon and FEDS saw this thread and decided to not do the event, from everything I know about these people, they don't care what tiny tiny minority knows, we are completely inconsequential to these people, like ants or bugs or something