You Know It's Over, 7.2 million trading accounts have been opened in just the last two months

You have to see the chart on either link.

www.zerohedge.com...


www.shtfplan.com...

The anecdote goes that avid investor Joe Kennedy was on his way to work in the winter of 1928 and stopped to have his shoes shined. When the shoeshine boy finished he offered up a tip to Kennedy.

“Buy Hindenburg,” he told the millionaire.

Kennedy soon unloaded most of his holdings. When pressed by friends and associates about his reason for selling, Kennedy quipped: “You know it’s time to sell when shoeshine boys give you stock tips.

This bull market is over.” Less than a year later stock markets around the world collapsed, leaving tens of millions of people impoverished for decades to come.


It’s been reported that hordes of Chinese have transferred their life savings into stock markets in the hopes of striking it rich. According to Zero Hedge, some 7.2 million trading accounts have been opened in just the last two months.

Because, well, stock markets can only go up from here.

All you need to know about the Chinese stock market, and therefore all stock markets worldwide because of the incestual relationships in global finance, is summed up in the image below.

a reply to: infolurker

Artificial credit creates booms and insane interpretations cement the foundations of folly.

a reply to: infolurker

so what? its just a trading account

originally posted by: kingofching
a reply to: infolurker

so what? its just a trading account

Yes, but inexperienced muppets get slaughtered when the big boys decide to sell, and sell suddenly.

Your average non-algo-trader is toast in today's markets.

That is 7.2 fools who will shortly loose everything.

And the algos get richer.

a reply to: Cygnis

One of the things you need to remember is that China changed there market system about a year ago. Before that most Chinese investors only had access to the Shanghai index, not the international Hong Kong index. Due to this the Chinese heavily favored domestic stocks in their investment portfolios as well as realestate or gold. Once they changed the market cap so that all investors could invest in hong kong, they started flooding the international market.

That said, I am not disagreeing with you. The U.s. Market has been bullish going on 7 years due to dollar price manipulation, low interest rates, and government subsidies. I do not think we can continue on this course and I can see a 10-15% correction coming. Maybe more due to the larger global market and herd movement.

However, this is the reason why there flooding the market. Most of the lower class of middle class in China has been priced out of the real estate, so there moving money. Their tasting this new international globalization. I can see them continuing to expand and increase for 3-5 years and I think it will be a tug of war between the already invested and established American market and these new Chinese pushing the markets elsewhere on their whim. Yes established money will move to ride on the wave that these new investors will create. So I expect there to be a lot of uncertainty in the market.

a reply to: infolurker

I'm not surprised.

After having robbed Americans of all their wealth, it's time to move on to newer pastures.

It's a known fact that China has a vibrant, and quickly growing middle class who are starting to make good money. And people who make good money have some influence and end up well educated and therefore, usually, will rise up against a government that seeks to control them.

Here comes the stock market, capitalism and financially slavery to the rescue!

What better way to make trillions of dollars than to prop up China for 30 years, wait until a half a billion people have healthy stock accounts and then burst the bubble.

Rise, wash repeat.

What's happening in China is no different than what happened in America, the only difference is I can't blame them for not seeing it coming.

~Tenth

This has a lot to do with it:

HONG KONG – It’s been a bumpy ride beset by delays and last-minute clarifications, but today marks the start of trading in the much-anticipated Shanghai-Hong Kong Stock Connect, or as it’s known colloquially, “the through-train.”

Oh the title is quite catchy!

Now absolutely everyone can invest in China’s risky, fraud-ridden stock market

But yes I agree OP, it won't end well.

I signed up last night to buy stock. Am I dumb or is this inaccurate? Or maybe we have an entirely different economy now than in the '20's.

originally posted by: Cygnis

originally posted by: kingofching
a reply to: infolurker

so what? its just a trading account

Yes, but inexperienced muppets get slaughtered when the big boys decide to sell, and sell suddenly.

Your average non-algo-trader is toast in today's markets.

That is 7.2 fools who will shortly loose everything.

And the algos get richer.

That doesn't stop the inexperienced muppets doing their own algo-trading and crashing the stock market using their own homebrew algorithms:

www.telegraph.co.uk...

Keynesian Economics > You.

originally posted by: Toolman18
I signed up last night to buy stock. Am I dumb or is this inaccurate? Or maybe we have an entirely different economy now than in the '20's.

The Market is higher than ever. The DOW wiped out all its (yearly) gains in a single day last week than rebounded within 48hrs. Highly volatile and ripe for a poppin.

So the government will tell all it's citizens to sell and it will destroy the economy of the West and Europe.. Great strategy, you don't have to fire a shot.

China will still have factories and they will become a powerful economic world power.

Greed knows no bounds. The world is cut throat and never fair. I'm glad I'm free even if it's in my own mind. I'm happy where I am but feel a little sad for my fellow human beings. Material things hold back human progress if there isn't a balance. I can't possibly see myself chasing greed all my life, I have to truly live and enjoy the time I'm given.

hey there.... it's true that we're about done....... I trade the top indicator of global mess.....the pound yen!!!
gbp/jpy......that instrument started making a beeping sound ten days ago....and it won't stop!!!
On the trading forums where I teach the noobys, I posted it is the end of the world as we know it.....200 pips before confirmation....I'm taught by the Holy Spirit......and getting ready for a huge wedding feast coming right around the corner......be there!!!

a reply to: GBP/JPY


We shall find out around September if the Mystery of the shemitah economic cycle continues.

originally posted by: Toolman18
I signed up last night to buy stock. Am I dumb or is this inaccurate? Or maybe we have an entirely different economy now than in the '20's.

It's pretty common that when the everyman feels the need to jump in, the markets don't last another year.

a reply to: GBP/JPY

Tell us more please!
Very interested in details!

a reply to: camain

Well actually the US market is about 5 super banks their algorithm supercomputers and the trillions of dollars the fed has handed these through the 'discount window' the rest of us are about 20 percent,there are no corrections just interventions if you play in the market your second guessing the Fed and superbanks which is a game I wont play because when the plugs pulled they will make a fortune and the rest can jump out of windows.

a reply to: camain

I think a 10 to 15% correction is a bit conservative. Last time the Dow lost about 50% before putting in a bottom. Same with the Nasdaq back in 2000. We're in worse shape than both those times since we didn't have years of 0% interest rates and QE.

Now if you're talking 10 to 15% in one week or month then that's different. Otherwise my bet would be on 50 to 60%. Maybe more.

a reply to: asmall89

Well let me put it this way, I usually pull in 14-18% on international markets and the Dow. Last week I transferred to a money market fund and plan on sitting on it through next January. I think your probably right, but I would rather be conservative, then watch the market trend; than produce doom porn that gets ignored. In this case better to be conservation then scream the sky is falling. We both agree it's coming only a matter of when and how much.