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Short term trades in the stock market •$$$$$•
- Thread starter TNTBudSticker
- Start date
the reason there is a credibility crisis overtaking public sentiment is because there is a credibility crisis. 
the entire globe's fianancial system is based on fiat currency ( fake money created out of debt instead of being backed by real collateral (gold, silver oil, gas, land, ports, farmland).
the so called assets underlying the financial system are not assets; they are debt burdens.
invest in assets. invest in collateral. know what collateral term means. understand "collateral". invest in your name ( hold the shit in your hands). a certificate is a paper promise made by psychopathic criminals. are you stupid enough to place your savings in a paper lie? would you prefer to hold real physical collateral in your hands instead? this is the choice you must make.
the entire globe's fianancial system is based on fiat currency ( fake money created out of debt instead of being backed by real collateral (gold, silver oil, gas, land, ports, farmland).
the so called assets underlying the financial system are not assets; they are debt burdens.
invest in assets. invest in collateral. know what collateral term means. understand "collateral". invest in your name ( hold the shit in your hands). a certificate is a paper promise made by psychopathic criminals. are you stupid enough to place your savings in a paper lie?
would you prefer to hold real physical collateral in your hands instead? this is the choice you must make.
http://www.zerohedge.com/news/2015-...cks-suspended-margin-debt-crashes-most-record
china pledges "liquidity support". wtf is liquidity? fiat currency! fake money. china is saving it's huge physical gold collateral reserves to back the new collateral backed brics currency.
the world is rapidly moving to a collateral based financial system. the fiat currency based financial system is imploding as I type.
if you invest in the current financial instruments such as stocks and decide to "unwind"/sell some/all you will be paid in fiat currency that will not be able to buy you a snickers candy bar. rubber biscuits.
wise up.
http://www.zerohedge.com/news/2015-07-10/latest-thing-china-brokers-refusing-sell-orders
yes, china has outlawed selling of stocks at the same time nyse temporarily shut down due to frantic sell offs.
^ this is why physical silver is the wise move imo.
you can go to black marjets just like cannabis to sell phyzzy. the system has you by the balls if you are in the system. when they are done squeezing you will be hung like a mouse.
Greece government seems to be capitulating to the creditors (against the 62% mandate vote in the referendum). This should be interesting.
Even if this is the case I would think there would be great social anxiety and possibly unrest leading to the collapse of the SYZ government and maybe an implementation of a EU approved technocratic government or just chaos. Base case being technocratic government and kick the can.
A lot of institutional banks have "grexit" as their base case now. So .... I dunno. Will this time finally be the time? Five years of rolling defaults and wealth distribution ya figure something may break eventually.
When the true scale of the theft involved in the financial system is revealed and emperor wears no clothes, goldman sachs better have parachutes.....the black widow trade.
Even if this is the case I would think there would be great social anxiety and possibly unrest leading to the collapse of the SYZ government and maybe an implementation of a EU approved technocratic government or just chaos. Base case being technocratic government and kick the can.
A lot of institutional banks have "grexit" as their base case now. So .... I dunno. Will this time finally be the time? Five years of rolling defaults and wealth distribution ya figure something may break eventually.
When the true scale of the theft involved in the financial system is revealed and emperor wears no clothes, goldman sachs better have parachutes.....the black widow trade.
I agree with you in the sense that the underlying market structure plumbing issue is all the collateral out there is crap. When it's marked to market in the "price discovery" phase the lack of credible collateral immediately implodes the central banks balance sheets of the world (because they're all in as you know post '08 crisis).
In the end it's the loss of faith in governmental and banking institutions globally that is the end game and a quite serious geopolitical crisis.
PRGN did great today...hovering around 70 cents and made a major move down to limit orders of .60 cents and now .85 cents.
18% move and .13 cents gain in one day.
Limit orders Is sometimes the best way to trade.Cramer says to use limit orders on a day that a fire-sale would happen.
Lyfespan
Active member
ive been being a bad daytrader and just sitting on prgn, scottrades 17 buck trades make me wait to at least clear the buy sell fees. Im thinking this will just be left to ride though
If one trades 3 X a week..that's the limit on the scottrades under $25,000...If one has more than $25,000 in the account,one can trade in and out all day with no limit.
Even I got locked out after trading more than 3 times a week and got a warning as I learned as time goes on.No more than 3 times a week.
PRGN up again 14% - .12 cents up.Passed the dollar mark
Netflix is now $100 after Splitting 7 to 1
NFLX split today, and down 2.23% to 98.13 at the close.
But then, up 9.22% to 107.18 in extended/after hours trading.
Fitbit, makers of wearable health/activity monitoring devices,
recently went public.
NYSE: FIT
But then, up 9.22% to 107.18 in extended/after hours trading.
Fitbit, makers of wearable health/activity monitoring devices,
recently went public.
NYSE: FIT
Lyfespan
Active member
thousands of these things flying out of amazon daily.
Lyfespan
Active member
wish i would have known when it dropped for 30 bux
I was chasing after netflix and starbucks around $34-$35 and was thinking starbucks was the better company...guess it took time before the netflix company is more popular than starbucks.Now it's $114..wow!
I was down for 3 days since we had a power outage out here.
Blowing off manhole covers and fires,transformers going haywire.
Crazy!
I got out of bull etf today, had it for almost 2 months and made a whopping $50 off it. I was down $2500 at one point so I feel ok about it really. The Greece and then China thing hammered the stock market while I was in.
I think both countries will continue to affect the market to the downside for a while, that and summer seasonal effects will limit gains. Might try a bear etf next week, I have a signal for a down week next week.
The Greeks will never pay off their debt, that is assured, so you have that hanging over things forever really. The Chinese are still commies so you have goofy stuff happening there and they have been so overheated in expansion that coming down to more normal levels will cause pain.
I think both countries will continue to affect the market to the downside for a while, that and summer seasonal effects will limit gains. Might try a bear etf next week, I have a signal for a down week next week.
The Greeks will never pay off their debt, that is assured, so you have that hanging over things forever really. The Chinese are still commies so you have goofy stuff happening there and they have been so overheated in expansion that coming down to more normal levels will cause pain.
The bet is how far will these two diverge until they converge at some point? According to history we look like we are close to it converging (ie divergence lasted for 5+ years).
Lyfespan
Active member
yikes, guess if i was in the S&P i would be looking to jump out right about now? or will the power be in the S&P this time? will the world call chinas hand? will greece fold?
