stock market crash on the way spring/summer 2012?

scose-no-doubt said:
I already have an etx lol. I have them with everyone. No offers get past the Scose man. Arbilicious.
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hah top man, if you have any more offers let me know as I am up for causing bucket shops pain livermore style. you dont like taking risks wtf do you want to be a trader unless you is trolling.
 
demotivation.us_They-see-me-trollin-They-hatin_132175699832.jpg
 
Trading ain't just about taking risk, it's about getting paid to take risk (or not). I value my shekels so much that I ain't risking even one of them b1tches for a bit of short term, high vol directional punting. I needs a plan. And Iz too busy to make one up for the next like 9 months or something.
 
Might have a go at that one. They're the type of offer I use most often. They scam you with platform freezes and crazy slippage though. I got fudged for £70 by etx when they first started out. gave me it back though. Soon lost it anyway lol.
 
VielGeld said:
Possibility of a repeat of last year's performance? Strong uptrend up to Spring, starts to get wobbly, then excessive bearish sentiment in June, record July bull, then out-of-the-blue events get people jittery and one bad decision (US downgrade) makes everyone panic in terror.

It's like deja vu...
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What before the election? I doubt it.
 
Prainluda said:
PCY.TO Current price .40 cents

52 week low .37 cents it has hit .40 cents 3 times maybe in the last 2 years or something. The company owns 2 coal mines and is working to build a powerplant.

They are just getting started. Id buy the stock at .40 if I had money to do it. But 1 position im in now needs to climb abit before I can get back into prophecy.

DML was at $1.36 pretty decent price. Ive watched for a few years and it seemed the average was $1.40 a couple years ago and then it went on a run to $5 and then the tsunami happned in japan and price of uranium went down and stock dropped to $1 and then went to $2 and then the reported bad numbers and it dropped to $1.5 and now at $1.36 but again anything under $1.40 is a good buy for me.

This is for swing trading not long term. But PCY.To I can't see going below .37 impossible
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Well DML is now $1.75 so up .39 cents would sell if I owned it. Then again sometimes it goes on big runs.

PCY.To dropped to .359 cents today. I bought in I couldn't help it!! I thought .38 was a great price. But .36!!! Sick

That quote above was like a week and a half ago.
 
US and Euro markets clearly in a risk off situation now, it will be interesting to see how low this daily downtrend can reach at this time of asking. The DAX is looking favourite to hit year to date lows first. I wonder if this going to be another pullback for equity markets or is it part of a bigger move south. Will also be interesting to note the disconnect between US and european markets and how pronounced.
 
Looks like France is about to get their dose of socialism !

Spend spend spend and then ooops not our fault the country is broke !

Should be the end of that uncompetitive abortion called the EU too
 
Pat494 said:
Looks like France is about to get their dose of socialism !

Spend spend spend and then ooops not our fault the country is broke !

Should be the end of that uncompetitive abortion called the EU too
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Pat

I dedicate this to you, the best trader on this forum:

SOCIALISM
You have 2 cows.
You give one to your neighbour.
COMMUNISM
You have 2 cows.
The State takes both and gives you some milk.
FASCISM
You have 2 cows.
The State takes both and sells you some milk.
NAZISM
You have 2 cows.
The State takes both and shoots you.
BUREAUCRATISM
You have 2 cows.
The State takes both, shoots one, milks the other, and then throws the milk away…
TRADITIONAL CAPITALISM
You have two cows.
You sell one and buy a bull.Your herd multiplies, and the economy grows.
You sell them and retire on the income.
SURREALISM
You have two giraffes.
The government requires you to take harmonica lessons.
AN AMERICAN CORPORATION
You have two cows.
You sell one, and force the other to produce the milk of four cows.
Later, you hire a consultant to analyse why the cow has dropped dead.
ENRON VENTURE CAPITALISM
You have two cows.
You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows.
The milk rights of the six cows are transferred via an intermediary to a Cayman Island Company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company.
The annual report says the company owns eight cows, with an option on one more.
You sell one cow to buy a new president of the United States, leaving you with nine cows.No balance sheet provided with the release.
The public then buys your bull.
A FRENCH CORPORATION
You have two cows.
You go on strike, organise a riot, and block the roads, because you want three cows.
A JAPANESE CORPORATION
You have two cows.
You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk.
You then create a clever cow cartoon image called ‘Cowkimon’ and market it worldwide.
A GERMAN CORPORATION
You have two cows.
You re-engineer them so they live for 100 years, eat once a month, and milk themselves.
AN ITALIAN CORPORATION
You have two cows, but you don’t know where they are.
You decide to have lunch.
A RUSSIAN CORPORATION
You have two cows.
You count them and learn you have five cows.
You count them again and learn you have 42 cows.
You count them again and learn you have 2 cows.
You stop counting cows and open another bottle of vodka.
A SWISS CORPORATION
You have 5000 cows. None of them belong to you.
You charge the owners for storing them.
A CHINESE CORPORATION
You have two cows.
You have 300 people milking them.
You claim that you have full employment, and high bovine productivity.
You arrest the newsman who reported the real situation.
AN INDIAN CORPORATION
You have two cows.
You worship them.
A BRITISH CORPORATION
You have two cows.
Both are mad.
AN IRAQI CORPORATION
Everyone thinks you have lots of cows.
You tell them that you have none.
No-one believes you, so they bomb the **** out of you and invade your country.
You still have no cows, but at least now you are part of Democracy….
AN AUSTRALIAN CORPORATION
You have two cows.
Business seems pretty good.
You close the office and go for a few beers to celebrate.

Mike
 
SOCIALISM
You have 2 cows.
You give one to your neighbour

The neighbour on the other side demands a cow too.
So now you have no cows.
You buy in 2 expensive cows to make up numbers
And the same happens again !!
You never quite learn the lesson and recommend this business activity to others across the border.

Oh dear
 
pat494 said:
socialism
you have 2 cows.
You give one to your neighbour

the neighbour on the other side demands a cow too.
So now you have no cows.
You buy in 2 expensive cows to make up numbers
and the same happens again !!
You never quite learn the lesson and recommend this business activity to others across the border.

Oh dear
Click to expand...

lol.
 
Code: 
AN AMERICAN CORPORATION
You have two cows.
You sell one, and force the other to produce the milk of four cows.
Later, you hire a consultant to analyse why the cow has dropped dead.

Then you start taking cows from other people until there are no cows left in the world. You wonder what happened and you blame others for not having more cows.
 
ChocolateDigestive said:
Get ready for Armageddon

Markets braced for shift away from austerity as Francois Hollande wins French election - Telegraph
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Beware - this is good news not bad. About time some realism kicks in to the politicians imho...

Indeces are shying but wait till all that expenditure kicks in - it will be a different story then... Print print print - bring on inflation to cure all our debt woes...

Awaiting with great anticipation as to how the German's will respond :rolleyes:
 
Inflation will cure all our debt woes...It's no surprise that a brain dead, dim-witted socialist can't understand the German leader’s cultural aversion to overly accommodative monetary policy. The Germans, after all, have experienced the devastating consequences of hyperinflation, whereas the dim-witted socialist only knows how to pontificate from the comfort of his armchair.

In the bizarre Orwellian world of the brain dead socialists, rather than have the citizens of deficit economies spend less while working, producing and saving more (In other words, their living standards must match their productivity) they want the Germans, whose savings rates and current account surplus results from years of fiscal prudence, to lend even more money and suffer higher inflation so that the deficit countries can receive more monetary stimulus.
 
new_trader said:
Inflation will cure all our debt woes...It's no surprise that a brain dead, dim-witted socialist can't understand the German leader’s cultural aversion to overly accommodative monetary policy. The Germans, after all, have experienced the devastating consequences of hyperinflation, whereas the dim-witted socialist only knows how to pontificate from the comfort of his armchair.

In the bizarre Orwellian world of the brain dead socialists, rather than have the citizens of deficit economies spend less while working, producing and saving more (In other words, their living standards must match their productivity) they want the Germans, whose savings rates and current account surplus results from years of fiscal prudence, to lend even more money and suffer higher inflation so that the deficit countries can receive more monetary stimulus.
Click to expand...

Are you aware what the ECB have been doing last several months???

Do you have any inkling as to what the consequences will be if they don't???

You're funny :)
 
new_trader said:
Inflation will cure all our debt woes...It's no surprise that a brain dead, dim-witted socialist can't understand the German leader’s cultural aversion to overly accommodative monetary policy. The Germans, after all, have experienced the devastating consequences of hyperinflation, whereas the dim-witted socialist only knows how to pontificate from the comfort of his armchair.

In the bizarre Orwellian world of the brain dead socialists, rather than have the citizens of deficit economies spend less while working, producing and saving more (In other words, their living standards must match their productivity) they want the Germans, whose savings rates and current account surplus results from years of fiscal prudence, to lend even more money and suffer higher inflation so that the deficit countries can receive more monetary stimulus.
Click to expand...

As did the rest of the world experience those consequences.

Good post.
 
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