The man who predicted the market collapse TO THE DAY in 2008 predicts October 24, 2011 as a collapse

I say let it crash...

I welcome it and can't wait. It's not like we didn't know it was going to happen anyways. At least it will be started and there will be no more worrying when it happen anymore. Unfortunately something drastic has to happen in order for a better tomorrow.

I have been struggling most of my life and it's about time I see some of the people who turned their noses up at me craw on their bellies.

reply to post by Conspiritron9000


Not to slight this information at all...
But has anyone else noticed that every October we are looking for something to happen?
Look at ATS and see how many times dire predictions were made for October.
It just strikes me as strange.

I think quite a few people predicted the market collapse. In fact, the were numerous meetings and conferences that consisted of Bankers and they even know it was coming. But, since corporations didn't care and wanted to gamble with the money of clients/customers, a crash was inevitable.

Also, a bit off topic but....

I can't stand people calling all of the Wall St. protesters "communists." It consists of Tea Partiers, Libertarians, Liberals, Progressives, Communists, Socialists, Anarchists, ETC.

It's America that is protesting the reckless ways of Wall Street. Shame a few are asleep and put so much trust into corporate America.

If only they knew that their taxes went to bail out banks and big businesses that went broke because CEOs felt the need to buy endless amounts of private jets, houses, sports cars, and of course...upscale escorts.

Seems like every october is high put options. This is much more than usual from what I have been reading though. Don't quote me on that, because I am still reading up on it. Anyone have any idea what last octobers put options looked like?

why do they allow this, you should be able to do 2 things, buy or sell stock, not turn it into a craps game

Oh goody, another guy making predictions to do with the end of the (financial) world.
I don't believe this for a second, but I'll look forward to the date and prepare some money to invest just in case the guess comes good.

reply to post by freethinker123


I don't know, if you type in "put options october 2011" in google, a lot of major companies pop up reporting high put options on their company. Kinda scary imo

Originally posted by Sabreblade
reply to post by Conspiritron9000

 

Not to slight this information at all...
But has anyone else noticed that every October we are looking for something to happen?
Look at ATS and see how many times dire predictions were made for October.
It just strikes me as strange.

There is hardly a month of the year that goes by without someone on ATS posting a "end of the world comet/earthquake/market crash/false flag" event. Usually with attached link to a "expert" and supporting youtube video(s)

Still waiting for one to come true.

reply to post by Helmkat


Even a broken clock is right twice a day. Someone will be right one of these times.

I have been watching R for the last few years. He did call the last big drop to the day.


And many since. He was correct on one, and not so on many.


If you are a seeker of the truth in economics and how money moves, he has a ton to teach. He is spot on as far as labor goes. I highly suggest reading his free content. As for his paid content? Mixed reviews over the years. Some say they lost money, some say they made money. Also, as far as I know he isnt legally able to give financial advice, hence the indirect delivery via a pay to see blog, and all the mystery and intrigue.


R was a bright star in my sky at one point. But as they say "All that shimmers in this world is sure to fade...", and he did. But i did learn quite a bit from him. he is borderline brilliant,has great taste in women, and a great sense of marketing.

he is not above shameless self promotion on a forum such as this.

Where can one look up these "put options". I google it and didnt get anything real specific on how to look up actual numbers, however, there were some claiming that the number for Oct. was over 2,000,000 now.

Originally posted by Conspiritron9000
Who knows what it must be like in eastern Europe right now.

Regarding eastern Europe, are you referring to my country, Slovakia?

We have serious political situation here and our goverment may fall, because some politicians do not want to approve changes in new higher EFSF. But don't worry, we have almost zero infuence on incoming economic collapse. We just don't like bailouts, just like 10 Greeks out of 10

Latest news on this here in German language
www.spiegel.de...

Originally posted by KaginD
reply to post by Helmkat

 

Even a broken clock is right twice a day. Someone will be right one of these times.

Makes you wonder though...

Will that make them a Prophet or a broken clock?

reply to post by Bluesquid


If you look his journal, Reinhardt is much more a poet than a business genius. He investigates history and puts things together like a poet, and knowing how things work will still not enable you to accurately predict certain events without the inside information. You can only see the big picture that way. I suggest everyone to read Reinhardt to learn something, but forget it if you just want to play the market with more certainty than what other experts can do.

The way markets operate nowadays, and they are rigged and manipulated, no one can predict crashes based on some imaginary economy theory, because the only economy that exists is political economy of taxing, stealing, fraud and murder.

This video is taken directly from the Enterprise Corruption website as a link, that is entitled:

you’re looking at the october 2011 stock market

This guy gives no space for doubt about what he's saying...

Originally posted by SeventhSeal
.....

I can't stand people calling all of the Wall St. protesters "communists." It consists of Tea Partiers, Libertarians, Liberals, Progressives, Communists, Socialists, Anarchists, ETC.

It's America that is protesting the reckless ways of Wall Street. Shame a few are asleep and put so much trust into corporate America.

If only they knew that their taxes went to bail out banks and big businesses that went broke because CEOs felt the need to buy endless amounts of private jets, houses, sports cars, and of course...upscale escorts.

edit on 30-9-2011 by SeventhSeal because: (no reason given)

I honestly think the reason for that is that there is a large faction of people in our nation who, mainly because of their lack of intellect/inability to think for themselves, believe that corporations deserve as much, if not more, freedom than individuals. They also believe that "maximizing profits" in the way corporations do is "The American Way" and "Free Enterprise."

To these people, giving unfair advantages to corporations who shelter their earnings in other nations to avoid taxes, employing low-cost labor in foreign countries, and taking the money American citizens spend on their products out of the country, is Capitalism, and we should celebrate it. They have been trained to love corporations - largely foreign-owned corporations over their nation, their countrymen, and even themselves. I think corporations are fine, as long as they are on equal footing with any other business, aren't allowed to make campaign contributions, employ American citizens for products/services sold in America, and pay their taxes - to the U.S.A. This rarely exists. Those few where it does, great...to the rest, they've collectively, though somewhat indirectly killed and ruined the lives of far more Americans than al Queda could ever dream of.

reply to post by Helmkat




I know nothing about the guy. I won't go to his site, I'll just research it myself. Also, we need someone in here that knows about put options. I know stocks, but I don't know puts. I'm trying to figure it out, but they don't make it easy. The ticker for it is PUT on cnbc.com

Originally posted by KaginD
reply to post by Helmkat

 

I know nothing about the guy. I won't go to his site, I'll just research it myself. Also, we need someone in here that knows about put options. I know stocks, but I don't know puts. I'm trying to figure it out, but they don't make it easy. The ticker for it is PUT on cnbc.com

Bro do you know what a call is, Do you know what time value is.

reply to post by rancher1


"Bro" I just said I don't know much about puts, calls, ect. And another thing, I am a woman. Are we cleared up now? Is there anything you can contribute to this since you seem to know enough about it?

Originally posted by KaginD
reply to post by rancher1

 

"Bro" I just said I don't know much about puts, calls, ect. And another thing, I am a woman. Are we cleared up now? Is there anything you can contribute to this since you seem to know enough about it?

Sorry was not trying to be a jerk,,, K a put is when you expect the market to go down.. A call is what you buy when you expect the market to go up... so if Apple is 400 and you expect it to drop to 390. you would buy a 390 put on apple.. if you expect to go up to 410 you would buy a 410 call.. there is more to it, but that's a good start.. sorry I could not tell your gender, by your Post!!!!