A Stock Market Crash is coming!

most viewed right now
 123
Image(s) inside May 22 - Here’s how money is destroying the world and the people livin..
36 comments
@news
most viewed right now
 78
Video inside F*ucking Black Guy
134 comments
@wild'ish
most viewed right now
 61
Video inside First she'll break your ankles, then she'll your heart!!!
69 comments
@thotsdimesetc
most viewed right now
 43
Video inside 50 was ready to stab up Suge back in the day
96 comments
@hiphop

section   (0 bx goons and 1 bystanders) Share this on Twitter   Share this on Facebook
 

Props Slaps
 7 years ago '04        #81
deneye 
space
avatar space
space
$1,439 | Props total: 17 17
 o7media said:
Yeah, but either way whether you're playing the H&S or basing it off of the Elliot Wave theory...they both lead to the same outcome

The crash is coming
which program are you using to view the charts? but thank you, i appreciate you putting in the effort for all of this
 7 years ago '08        #82
o7media 50 heat pts50 OP
space
avatar space
space
$32,111 | Props total: 11552 11552
 deneye said:
which program are you using to view the charts? but thank you, i appreciate you putting in the effort for all of this
Etrade Pro platform
 7 years ago '08        #83
o7media 50 heat pts50 OP
space
avatar space
space
$32,111 | Props total: 11552 11552
Ok took my first position in VIX December calls for now. Grabbed the 40x calls at 1.90. I'll add more later today, just starting a position. I believe the markets will be dropping soon... charts are starting to look bearish.


[pic - click to view]

 7 years ago '11        #84
MACADEMICS 18 heat pts18
space
avatar space
space
$4,243 | Props total: 2308 2308
 o7media said:
Ok took my first position in VIX December calls for now. Grabbed the 40x calls at 1.90. I'll add more later today, just starting a position. I believe the markets will be dropping soon... charts are starting to look bearish.


[pic - click to view]

Could you break down what that image means? Column by column. Do you need a lot of money to get an Etrade Account? How quick do you think you will see a return on that VIX stock? Thanks

Any books or info on how to begin trading you'd recommend? Many thanks
 7 years ago '08        #85
o7media 50 heat pts50 OP
space
avatar space
space
$32,111 | Props total: 11552 11552
 MACADEMICS said:
Could you break down what that image means? Column by column. Do you need a lot of money to get an Etrade Account? How quick do you think you will see a return on that VIX stock? Thanks

Any books or info on how to begin trading you'd recommend? Many thanks
Yeah here's a breakdown for each column from left to right:

1. The option on the stock that I bought (VIX December 40x calls)
2. Trade ...just a link that you click on to trade it.
3. Call ..just stating whether they're calls or puts.
4. The price I bought them at ($1.90)
5. 40.00 is the strike I bought (40x)
6. 7 is the quantity I have. I bought 7 contracts so far.
7. The current price they are trading at.
8. My percentage gain/loss
9. My total gain/loss since I purchased
10. Today's total gain/loss (it's the same now since I purchased them today).
11. Today's % loss (same as above..I purchased today so it'll be the same as the total).
12. Current market value of the position
13. Current bid price
14. Current ask price


Regarding books, I pretty much did my research online. Check out investopedia.com and google stuff
 7 years ago '08        #86
o7media 50 heat pts50 OP
space
avatar space
space
$32,111 | Props total: 11552 11552
Grabbed more at 1.75. I still plan on adding more before the close today.
 7 years ago '05        #87
trap star 101 
space
space
space
$369 | Props total: 0 0
 o7media said:
Grabbed more at 1.75. I still plan on adding more before the close today.
What exactly is it that you grabbed at 1.75? And when you said invest in the dollar, are ou taking about Forex? And if so, what would you be betting to crash? Is gold an option or what form of currency? (yin, euro, or etc?)

Thanks for the help
 7 years ago '07        #88
MOTTAFOOKAH 4 heat pts
space
avatar space
space
$11,512 | Props total: 1299 1299
 o7media said:
Ok took my first position in VIX December calls for now. Grabbed the 40x calls at 1.90. I'll add more later today, just starting a position. I believe the markets will be dropping soon... charts are starting to look bearish.


[pic - click to view]

Anyone in here investing derivatives is a bold motherfu*ker.... I wouldn't dare touch that sh*t now
 7 years ago '08        #89
o7media 50 heat pts50 OP
space
avatar space
space
$32,111 | Props total: 11552 11552
 trap star 101 said:
What exactly is it that you grabbed at 1.75? And when you said invest in the dollar, are ou taking about Forex? And if so, what would you be betting to crash? Is gold an option or what form of currency? (yin, euro, or etc?)

Thanks for the help
I bought the $VIX December 40x calls (see the screen shot a few posts above).

The VIX is the volatility index, as the markets fall the VIX rises. It's a fear trade.

When I said invest in the dollar no I wasn't talking about Forex, I was talking about buying a bull USD etf such as the UUP.

Gold will go down if I'm correct, so you can short etf's like GLD.

You could do Forex too I guess, but I'm not the person to ask for info on that as I've never traded Forex. Not too familiar with it.
 7 years ago '06        #90
philly337 21 heat pts21
space
avatar space
space
$30,090 | Props total: 13817 13817
 MOTTAFOOKAH said:
Anyone in here investing derivatives is a bold motherfu*ker.... I wouldn't dare touch that sh*t now
Ehh half half...markets are very volatile right now and could really but everything is pointing to the spy atleast coming down to 122.50 someone soon in my opinion. Not sure the big crash is coming yet but he will still make a good profit if he sells for a non crash gain...it is almost certain the markets will go lower then they are now at some point before his contacts expire (id say probably this week)
 7 years ago '08        #91
o7media 50 heat pts50 OP
space
avatar space
space
$32,111 | Props total: 11552 11552
^^ Yes I'm not looking for a crash just yet, but a market pullback.

Volume is too low to crash right now. It probably won't happen til December (the start of it...maybe even January).
 7 years ago '08        #92
o7media 50 heat pts50 OP
space
avatar space
space
$32,111 | Props total: 11552 11552
Finally got some more VIX calls right before the markets dropped ...got lucky on that


[pic - click to view]




Probably done adding for today, only an hour left. May add more tomorrow if the markets don't move down.
 7 years ago '05        #93
trap star 101 
space
space
space
$369 | Props total: 0 0
So should we wait for the crash to start investing in something as UUP, since its a stock and you are saying there might be a crash?

The whole shorting thing, I've honestly never heard of.
 7 years ago '08        #94
o7media 50 heat pts50 OP
space
avatar space
space
$32,111 | Props total: 11552 11552
 trap star 101 said:
So should we wait for the crash to start investing in something as UUP, since its a stock and you are saying there might be a crash?

The whole shorting thing, I've honestly never heard of.
No the UUP is a bullish USD (U.S. Dollar) fund. The dollar goes up as equities fall. So you would have to buy the UUP before a crash.

Shorting basically means you're betting against the stock. If you're bullish you go long. If you're bearish you short.
 7 years ago '08        #95
o7media 50 heat pts50 OP
space
avatar space
space
$32,111 | Props total: 11552 11552
Down go the markets... DOW just lost about 80 points in the last 20 minutes

Already up $500 on my VIX puts.


[pic - click to view]

 7 years ago '08        #96
o7media 50 heat pts50 OP
space
avatar space
space
$32,111 | Props total: 11552 11552
wow dow -170


we're taking out all kinds of support levels.
 7 years ago '08        #97
o7media 50 heat pts50 OP
space
avatar space
space
$32,111 | Props total: 11552 11552
 Andrefrbk said:
This crash is inevitable... We can keep delaying it and watch the inflation get out of control even more than it has.

USD is done, i think this winter, and 12 will be horrible... The student loan bubble bout to pop also.

Do not use this period as a buy period on the market seriously, just invest your money in gold.
 7 years ago '08        #98
o7media 50 heat pts50 OP
space
avatar space
space
$32,111 | Props total: 11552 11552
 Andrefrbk said:
You know im telling the truth...

Keep playing the white mans version of corner dice gambling for dollars.

Derivatives...................

The future of the stock market does not exist.

2012 will be the end of it. And the USD with it.
You clearly don't know what you're talking about. Please look at historical charts to see how Gold and the USD trade.

If you think the markets are going down and Gold is going up you're retarded
 7 years ago '06        #99
philly337 21 heat pts21
space
avatar space
space
$30,090 | Props total: 13817 13817
Haven't checked trendline but pretty close to support on the wedge...if it breaks that spy going to 122.50
 7 years ago '08        #100
o7media 50 heat pts50 OP
space
avatar space
space
$32,111 | Props total: 11552 11552
 philly337 said:
Haven't checked trendline but pretty close to support on the wedge...if it breaks that spy going to 122.50
It closed right at support. Was hoping to see it break through, which it did but it climbed back in the last few seconds.

But SPY is making new lows in the AH ..so far so good.

Up $1,200 on VIX calls and they're gaining in the AH. Up over $1,300 now as SPY makes new lows.

vvv This was as of the market close.


[pic - click to view]

Home      
  
 

 






most viewed right now
 72
ashley graham killing it i'm sold yo!
56 comments
21 hours ago
@thotsdimesetc
most viewed right now
 52
Man hit dog with baseball bat because he ate his Whopper
73 comments
18 hours ago
@wild'ish
most viewed right now
 41
DONT LET THESE TRAPS FOOL YOU! Here's how to effectively avoid them.
103 comments
19 hours ago
@wild'ish
most viewed right now
 34
Image(s) inside This is what the richest zip code in America looks like
147 comments
20 hours ago
@wild'ish
most viewed right now
 32
Image(s) inside Jessica Jones AKA Krysten Ritter Is Fine To Me Bruh
85 comments
21 hours ago
@thotsdimesetc
most viewed right now
 31
Image(s) inside Rosey Got Thickkkkkk
50 comments
21 hours ago
@thotsdimesetc
most viewed right now
 30
Kanye West working on MY BEAUTIFUL DARK TWISTED FANTASY
52 comments
23 hours ago
@hiphop
most viewed right now
 25
I doubt Kanye hittin kim right
111 comments
23 hours ago
@hiphop
back to top
register contact Follow BX @ Twitter Follow BX @ Facebook search BX privacy