Stock Trader Blow Up Vid *NSFW*

cjvon

Member
Jan 7, 2008
142
0
0
Text

NSFW as major F bombs fly.

Oh, and he is not trading stocks per say but the Russel 2000 (ER2) fututes contract.

He is long 10 contracts (each contract = 100 per point) as the market crashes.
 

Duddy

Diamond Member
Jul 22, 2002
4,677
15
81
LOL in the comments:

"Ron Paul has been predicting this, but I forgot he is a loon or a kook..."
 

Jschmuck2

Diamond Member
Jul 13, 2005
5,623
3
81
Originally posted by: Duddy
Ron Paul has been predicting this, but I forgot he is a loon or a kook.

I want to vote for someone who supports legalizing marijuana, re-instating the gold standard AND who doesn't think evolution is real.

Could you please show me the way?
 

Duddy

Diamond Member
Jul 22, 2002
4,677
15
81
I just noticed that this happened today!

He is half right, the DJIA will drop to about or over -500, but not at open.

Tomorrow will be hell.
 

Duddy

Diamond Member
Jul 22, 2002
4,677
15
81
Originally posted by: Jschmuck2
Originally posted by: Duddy
Ron Paul has been predicting this, but I forgot he is a loon or a kook.

I want to vote for someone who supports legalizing marijuana, re-instating the gold standard AND who doesn't think evolution is real.

Could you please show me the way?

If your black, you can vote for Obama.

If your a woman, you can vote for Hillary.

If your a black woman, you can destroy the universe at the polls.

You can vote for someone who will protect you from those scary scary terrorists.

You can vote for someone who will blur the line between the separation of church and state.

You can vote for a shady salesman.

You can vote for Cheney's evil twin.

Or you can vote for real change, your pick.
 

sygyzy

Lifer
Oct 21, 2000
14,001
4
76
Wow, I have no idea what is going on, even with your description. I get that he's losing money but I don't understand all those tickers.
 

LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
Originally posted by: sygyzy
Wow, I have no idea what is going on, even with your description. I get that he's losing money but I don't understand all those tickers.

It appears he was long index futures and got screwed.
 

Jeff7

Lifer
Jan 4, 2001
41,596
20
81
Originally posted by: Duddy
LOL in the comments:

"Ron Paul has been predicting this, but I forgot he is a loon or a kook..."
One person lost a lot of money because of a market fluctuation. I could have predicted that.


"Even a blind pig will find a truffle now and then."
Or something like that.
 

Duddy

Diamond Member
Jul 22, 2002
4,677
15
81
Originally posted by: Jeff7
Originally posted by: Duddy
LOL in the comments:

"Ron Paul has been predicting this, but I forgot he is a loon or a kook..."
One person lost a lot of money because of a market fluctuation. I could have predicted that.


"Even a blind pig will find a truffle now and then."
Or something like that.

I support Ron Paul, but some of his supporters are crazy as hell. I don't remember Ron Paul predicting that some guy was gonna lose $40,000. :p
 

glenn1

Lifer
Sep 6, 2000
25,383
1,013
126
Originally posted by: LegendKiller
Originally posted by: sygyzy
Wow, I have no idea what is going on, even with your description. I get that he's losing money but I don't understand all those tickers.

It appears he was long index futures and got screwed.

Correct. He's long 10 ER2 contracts (Russell 2000 index futures, which is the small cap index). Closed Friday at 674.75, his screenshot shows the B/A at 654/655 Link. Guess he was looking for the dead cat bounce, since the R2K went officially bear market last week, but doesn't look like it worked out for him.

Could have been worse, he could have written puts in which case they might get exercised and he'd be getting assigned right now ;)

 

PurdueRy

Lifer
Nov 12, 2004
13,837
4
0
Originally posted by: Schfifty Five
LOL thats how I feel when I lose money in the market hahaha.

I've gotten to the point where I feel comfortable just laughing. I suppose if I was depending on the money I had in the market though I might not be able to do that.
 

Greenman

Lifer
Oct 15, 1999
22,281
6,453
136
Originally posted by: Duddy
Originally posted by: Jschmuck2
Originally posted by: Duddy
Ron Paul has been predicting this, but I forgot he is a loon or a kook.

I want to vote for someone who supports legalizing marijuana, re-instating the gold standard AND who doesn't think evolution is real.

Could you please show me the way?

If your black, you can vote for Obama.

If your a woman, you can vote for Hillary.

If your a black woman, you can destroy the universe at the polls.

You can vote for someone who will protect you from those scary scary terrorists.

You can vote for someone who will blur the line between the separation of church and state.

You can vote for a shady salesman.

You can vote for Cheney's evil twin.

Or you can vote for real change, your pick.

Way off topic, but why does everyone say "change" like it's a good thing? I don't want change, I've never wanted change, I want improvement. What's interesting is that no candidate since Regan has promised me improvement, and by golly not a single one has improved anything, a perfect record.