Central Banks are privately held businesses. They are in business for one reason and one reason only, TO TAKE YOUR MONEY. They are the masters of disguise. I know everyone thinks they will inflate stocks forever no matter what crisis comes along because you have all been brainwashed. If you think for one minute they are going to allow you to sell your stocks and take their money or their banking partners money, ie. GS, JPM, Duetsche Bank, Royal Bank of Scotland, Barclays, Society General, Morgan Stanley, BofA, etc. I am here to tell you its an illusion. Based on the media/market behavior the past few days the gig is up. Everyone is totally convinced to go long, that nothing can bring stocks down. Federal Reserve said they will pump the markets indefinately which is your cue that they are reversing course. Today very well could have been the top to the penny. Pull up every single major index and look at over a few decades. I quadrupled my short position today. 1100 contracts TZA $12 Call options. Good Luck to All of You, your gonna need it because you all sound like slobbering idiots right about now.
I thought I read somewhere you posted you paid about $1.20 for those JAN $12 calls. They closed today at .67. Probaility of those calls closing the month in the money (as of today)is 58%. Probaility of TZA touching $13.50 next week (you need TZA to close above $13.20 to make some money back) is about 30% so you got a chance. good luck
April Calls, I am in average $1.87 added another 50 contracts today, also bought a lot of VXX and TVIX. Now here is the lesson, the Fed giveth, and the Fed taketh all for good reasons. In fact every single equity bubble has been popped by the FED. Does Irrational Exuberance ring a bell with anyone here? Go through each bubble, created by the Fed, ie. buying bonds, lowering rates. Popping of the equity bubble, ie. Creating buyers for their bonds. And all of the sudden you now know why the Fed posts largest quarterly profits after every single bursting of equity bubbles. Like I said, good luck
I agree with you. See the post I just made regarding what history warns us about this: http://finance.yahoo.com/mbview/threadview/;_ylt=AtTQUCKN3AtlX4paYrikt9zeAohG;_ylu=X3oDMTFpc2ozZThwBG1pdANNZXNzYWdlIEJvYXJkcyB3aWRnZXQEcG9zAzYEc2VjA01lZGlhTXNnQm9hcmRz;_ylg=X3oDMTFlamZvM2ZlBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdAMEcHQDc2VjdGlvbnM-;_ylv=3?&bn=858846e5-d0a6-316a-b8a7-5fe6fda40ca1&tid=1357185110647-c2f526eb-836f-4db9-871b-04c463f54654&tls=la%2Cd%2C0
This looks like a setup to me. I went short this morning, and ended the day down, but I'm counting on all of this to come crashing down hard. If not tomorrow, then very soon.
The problem is we gave them control of our country 100 years ago when the Fed was created. Most people think the Fed is part of the US government which they are not. They have no clue how deep the ties are to Europe either. Have you ever wondered why Europeans live so well, work much less and more time off than we do in the US? You have to look at the shareholders of the Fed to see who is actually controlling our money. The Treasury can't print money, it can only sell debt which the Fed is more than happy to print money to buy. The interest we pay on debt is a tax on the economy. Not just public debt but all debt. All money originates from the Fed and they collect interest on every dime out there. No one other than their primary dealers can borrow at the preferred rate. Their dealer banks mark up the cost to borrow to the rest of us. In the event that you don't pay your debts, your government will pay it for you and tax is out of you later.
We gave up our freedom 100 years ago when we gave away the control of our money to the likes of the Morgans and Rothschilds. They are a cartel, the same cartel that has been established in Europe for centuries. The only asset they can't print up is physical gold. their paper gold will suffer the same fate as their paper money and stocks, gold is the only honest form of money. to get gold you have to work for it, find it, mine it and refine it. Those who took their paper money and bought gold with it have protected their wealth. Ever wonder why they are always willing to buy your gold at any price?
The public has no interest in stocks because no one trusts Wall Street or banks. Eventually there will be no one left to screw but each other, we got a preview of that in 2008 when the banks shorted each other. They ate their own kind, they will do it again. For now they are in the process of bankrupting governments because they are the only ones left to steal from. That game will soon end. The same way they sucked people in to home loans with low rates is how they will take over the government. We can't borrow without the banks, you become a slave to your lenders and you will do whatever they want to get more credit.
Anyone who thinks all these new dollars, yen and Euros aren't going to spark inflation hasn't followed history. If you think the only thing that will go up in price are stocks, you are in big trouble. Inflation will destroy debt instrument and take stocks with them. You better be holding tangible assets like land, food, fuel and gold. Your Wall Street paper isn't going to buy you anything and good luck getting your money out of Wall Street in a panic. Your IRA and 401k are the next target, one stroke of a Pen and your money can be gone. You think they won't take your money, think again.
If you are concerned about them being in the business "TO TAKE YOUR MONEY", then why do you give them the opportunity to do it again?
Seems like playing in the lions den trying to take the lions fresh piece of meat right out from under him is the game. When you get away with the piece of meat without getting eaten yourself you laugh and cheer. Then next time when you get mauled you wonder why?
Why not work 'with' the lion?
I am working with the "lion". Thats why I am now the heaviest short I have been for many years. Anybody here ever wonder why the Federal Reserve posts their successively largest quarterly profits after every single major correction??? As soon as the market is perfectly safe, cant go lower for any reason, going to make all time highs, nothing else to invest in, buy buy buy is when they take your money. The same is true on the downside, when the markets look they will go to zero, every bounce sends it lower. Throw in the towel, equities are worthless. Thats when they are a screaming buy. Pull up charts longer than a few days, weeks or months. Pull up the entire history. History Repeats
most people partying on this fc deal, dont even realize their payroll tax just went up ! wait until the public collects thier ADP payroll generated check, then scratching their heads as to why it's the same amount of hours worked, but the take home pay is smaller ....