You guys ready for another 2008? Time to go short boys!!
Fool, the chicken entrails said now was the time to buy
>>1134860
Oh really!?...
"Buy when there's blood in the streets"
I'll be buying.
>>1134848
It's odd how periodic this rise and fall of the S&P has become. It's almost like every company is just using their idle cash to buy shares when the times are good then the business cycle catches up with them and they have to cash out, causing what we see in the pic.
shit meat hah
!!!
Doesn't this only affect poor people.
>>1134901
it certainly doesnt affect me, and im poor(net ~15000)
>>1134904
So what demographic did the recession affect? Small business owners? What's going to happen? Should I stock up on canned goods and fresh water? Ahhhhhh!
Staying 15% cash. Get cash before the elections are over.
>>1134915
did it affect anyone? i swear some of you guys dont know how to be chill
>>1134926
I know a lot of people became homeless, lost their jobs, their houses, ways of life.
>>1134931
i heard as much. i dunno so much about that
>>1134938
What makes you think otherwise?
>>1134943
i dont know anyone personally that happened to so i am much less inclined to believe it as fact
>>1134951
I know my family was heavily effected by it. It didn't help that our house got destroyed by a hurricane the same year, but still.
>>1134886
honestly, i think it's just due to over value.
it's going back to 2100 and then it will idle for a while.
I've been selling covered puts and making bank for years now.
>>1134848
>You guys ready for another 2008? Time to go short boys!!
I am going to wait till hillary is confirmed.
I know Yellen isn't going to pull the trigger beforehand because Trump will try to destroy the central banking system in the U.S.
I do think it may happen early 2017. And no i am not ready at all, i don't even know how the fuck to prepare for this one.
or i might go all out on gold
>>1134998
Gold just recently made a good run up
>>1135011
yea, i bought a bunch of shares of GLD in December.
My next step to get physical gold coins off of apmex.
I just don't know where to put them, or how much i can sell them for. whether there is like a fee or something
The real question boys is:
how strong are your hands
>>1134848
Yeeeeyyeeee!
Gonna take advantage of the housing market, pumped, been saving money and waiting for a $300,000 house to go down to $175,000-$200,000.
I wish it would hurry up and fucking happen. I'm down 5K USD on SH. But I know the day after I say fuck it, I'm outta here it will drop like a rock.
>>1135016
I have a bunch of gold, most purchased online but...
Pawn shops will give you FMV on gold always and most of the time they'll sell it at FMV.... They don't care that it was your great-uncle's wife's grandmother's chain... they care about weight and FMV.
>>1134996
Short the S&P simple
>>1135157
Just be patient.
If it happens before the election, then Yellen might not get to secure her position.
So just wait till January 2017.
Give it time anon.
They won't let it crash during election season. It will be propped up for a while yet. Hilary's campaign is continuing the good things Barrack has done and if it all collapses trump wins and the establishment is fucked. No. We have a good bull year and then get ready for mayhem
>>1135162
what else did ppl do in 08'?
>>1135170
so basically your opinion is that we are going to have a propped up market that's going to be worthless to invest long in til the end of the year?
We haven't seen any Hindenburg triggers yet have we? I'm sure a correction is due but that's about it for now.
>>1135277
sorry i dont take triggers from jews
>>1135298
definitely something to consider
>>1135298
You buy way out of the money puts on up days. Use margin to buy more puts on the way down. Those are the guys who Instant gorrillionaire. Hard to figure the timing though.
>>1135298
Higher leverage fewer fees. would be the /ES futures.
ive created a trading strategy based around how many posts on this board talk about crashes. the more crash talk the more i buy. when the talk about crashes on /biz/ reaches an all time low ill cover and go short. this board is a pretty good way to measure what "dumb money" is thinking.
>>1135956
K...keep me posted
>>1135956
stay sad and mad you penniless pleb
>>1135170
uh no, you must have been too young to remember 2008 but it started well before bush went out of office
>>1135956
Seeking alpha is also a good place to do it
>>1134848
will the fed go negative rates?
>>1135956
stocktwits is better for social indicators
>>1136241
Yellen recently signaled that the Fed is looking at the possiblity of doing so
With the ECB going into 0% today and Japan already being negative I think it might be possible
>>1136272
that would destroy confidence in the market and it all goes poof
>>1136272
It didn't go so well for Dragii. it bought them 20 points in the S+P500 for 2 hours.
if that happens
long gold calls way out the money.
>>1135956
that means you are the epitome of dumb money. it goes both ways retard.
please show me your returns!!
>>1134848
this picture shows the close below 1950 and we are at 1990 now
>>1136661
because it's old dumbass
>>1136661
even scarier
>tfw you just started investing in January
>>1136720
there is still money to be made !
>>1134848
time to get into penny stocks
>be Canadian
>the recession never ended
>start putting money in the market because it can only go up from here, right?
>mfw it's about to get worse
I'm staying my hand and weathering the storm.
>>1136720
The 08' crash was literally the best money making opportunity possible if you knew it was coming
>>1134996
Does this mean the college degree bubble will pop?
>>1137113
Maybe, and I think u mean studebt loan
Unless ur making some type of joke I don't get
>>1137116
No, I'm being serious and I do mean student loan. Same shit with bad loans from banks that led to the housing market crash hack in the 2000's. I wish someone here who is an economic intellectual can redpill me on how to capitalize on this bubble that's going to pop.
How are they going to save the economy this time? Interest rates are already on the verge of going negative, just print more money?
>>1137145
just gotta let it correct.
It's almost like wealth inequality is bad for the economy. Weird, huh?
>>1137161
stfu bernie supporter
What are the best stocks and investments to counter balance the pop?
Like gold or silver?
Personally dont think student loans will be what causes it to happen. Student loans are a totally different type of loan than anything physical. Since you cant repo a college degree.
>>1136653
theyre big as fuck dude
>>1137169
Well its rise certainly corresponds to increasing economic instability and stagnation. Do you have an actual argument to the contary that isn't just about you being butthurt?
>>1137145
>just print more money?
literally yes. where have you been the past 7 years?
QE4 around the corner
>>1137514
Gotta keep those banks happy lest they get angry and break something in their tantrum.
This truly is the greatest system on earth.
>>1137175
>Since you can't repo a college degree
says who?
>>1137123
>micro economist major here (still student)
really risky to try and do "the big short". it is much better off adding bonds to your portfolio now if you think that there is a massive crash coming. you should weigh your portfolio back towards common stocks after the crash.
>>1137494
economic inequality is just another symptom along financial instability and stagnation, not the cause
>>1137145
They are going to complete sacrifice the value of the dollar in order to save the stock market.
This is why gold is going up right now because hyperinflation is a large possibility
>>1135187
buy bitcoin
>>1137635
equities and bonds have been positively correllated for 30 years.
Learn to do real math first. when the crash happens everything goes down.
>>1135161
>Pawn shops will give you FMV on gold
FMV in the realm of pawn shops.
do not buy gold/silver from pawn shops unless you know what you are doing. pawn shops exist to make money off the spread between buy/sell off people. they don't get discounts for having contracts with manufacturers, they make money by ripping people off. you will not get a good deal in a pawn shop unless you are taking advantage of a pawn shop owner's ignorance
>>1137092
a novice isn't going to really to make anything though
>>1138038
Tru
>>1138031
Wtf is bitcoin
>>1138035
Yes but bonds generally are less risky than the market. If bonds go down 10% as a whole but stocks 45%, you'll be in a better position.
>>1138081
or you could have hit the reverse position button like someone interested in making money and added that 45% and 10% to your net worth. and hedged your position with puts.
b/c the market as a whole has price action with negative skew and negative kurtosis.
more frequent than normal large moves. and the majority of those large moves being down moves.
Crash Ups rarely happen. b/c of limited leverage. Down moves Its easier and easier to keep leveraging, while up moves are harder and harder to leverage.
the majority of professionals are short for this reason.
Coupled with that Upwards risk is negligent with shorting bonds right now. with interest rates at near zero, the price must surely fall.
>>1134848
Whatcha talking about?
Ready for another 2009, more like
>>1138096
>hedged your position with puts.
This is pretty useless. When do you buy the puts? Just before a crash? The problem is no one knows when the market is actually going to crash, so you will end up doing it multiple times, and losing money on time decay and sharp sudden drops in volatility.
If you don't know what you are doing when buying or selling your puts (and most people won't) you will just be throwing your money away. I think 90% of retail options buyers (i.e. the man on the street) lose some or all of the cost of the option.
Options are a fool's game unless you have experience, and experience can be expensive.
>>1138408
you sell them b/c covered puts.
>>1134848
SPX 1100 in 2017! Topkek
>>1138516
my body is ready.
>>1138139
uhh yeah
Oh, I'm waiting for this shit already. Blood in streets, people in panic, selling everything cheap. Yes, yes, yes, been saving cash for this for a while now.
