1. #1
    lemart5
    FOOTBALL TIME
    lemart5's Avatar Become A Pro!
    Join Date: 01-12-11
    Posts: 2,818

    This markets is giving you people a chance to get rich.

    Stop complaining build cash on the sideline and hit this market hard on both sides of the ledger.Millions will be made by me and my partners when the smoke clears while Joe Smoe is still complaining about how poor and broke they are.Borrow $250,000 from a bank and short tech an banks stocks for the rest of August.

  2. #2
    Monitor-Tan
    Tony Romo of Daily Fantasy
    Monitor-Tan's Avatar Become A Pro!
    Join Date: 02-20-11
    Posts: 4,460
    Betpoints: 428

    Quote Originally Posted by lemart5 View Post
    Stop complaining build cash on the sideline and hit this market hard on both sides of the ledger.Millions will be made by me and my partners when the smoke clears while Joe Smoe is still complaining about how poor and broke they are.Borrow $250,000 from a bank and short tech an banks stocks for the rest of August.


    Could you explain that part for me.

  3. #3
    wtf
    wtf's Avatar Become A Pro!
    Join Date: 08-22-08
    Posts: 12,983
    Betpoints: 61

    sbr john said go long on BkofAma at ten bucks, it is now 8

  4. #4
    lemart5
    FOOTBALL TIME
    lemart5's Avatar Become A Pro!
    Join Date: 01-12-11
    Posts: 2,818

    Quote Originally Posted by Monitor-Tan View Post


    Could you explain that part for me.
    Short sell the banks and tech companies for the month of August.

  5. #5
    pavyracer
    MOLON LABE
    pavyracer's Avatar SBR PRO
    Join Date: 04-12-07
    Posts: 82,189
    Betpoints: 410

    How do you build cash?

  6. #6
    lemart5
    FOOTBALL TIME
    lemart5's Avatar Become A Pro!
    Join Date: 01-12-11
    Posts: 2,818

    Quote Originally Posted by Monitor-Tan View Post


    Could you explain that part for me.
    Short sell the banks and tech companies for the month of August.

  7. #7
    Br0nxer
    July 2012 Poster of the Month
    Br0nxer's Avatar Become A Pro!
    Join Date: 03-25-11
    Posts: 13,665
    Betpoints: 888

    Quote Originally Posted by lemart5 View Post
    Stop complaining build cash on the sideline and hit this market hard on both sides of the ledger.Millions will be made by me and my partners when the smoke clears while Joe Smoe is still complaining about how poor and broke they are.Borrow $250,000 from a bank and short tech an banks stocks for the rest of August.

  8. #8
    Monitor-Tan
    Tony Romo of Daily Fantasy
    Monitor-Tan's Avatar Become A Pro!
    Join Date: 02-20-11
    Posts: 4,460
    Betpoints: 428

    lemart, if i feel that the dow jones will go down even more, how do i short sell dow jones? Is there a stock ticker for dow?

  9. #9
    Git Lo
    Git Lo's Avatar SBR PRO
    Join Date: 02-20-11
    Posts: 3,712
    Betpoints: 13389

    brb getting 250k

  10. #10
    VegasInsider
    Update your status
    VegasInsider's Avatar Become A Pro!
    Join Date: 12-12-10
    Posts: 14,593
    Betpoints: 18

    Sounds all well and good in theory, but banks aren't just handing out quarter of a million dollar loans nowadays.

    I'm also not a fan of borrowing money to gamble, which is exactly what the stock market is.

  11. #11
    lemart5
    FOOTBALL TIME
    lemart5's Avatar Become A Pro!
    Join Date: 01-12-11
    Posts: 2,818

    Quote Originally Posted by Monitor-Tan View Post
    lemart, if i feel that the dow jones will go down even more, how do i short sell dow jones? Is there a stock ticker for dow?
    Usually in order to sell short you must have a margin account with atleast $5000 .Just short the whole Dow 30 you will be fine

  12. #12
    Monitor-Tan
    Tony Romo of Daily Fantasy
    Monitor-Tan's Avatar Become A Pro!
    Join Date: 02-20-11
    Posts: 4,460
    Betpoints: 428

    what's the stock ticker for dow 30? is it DOG?

  13. #13
    Monitor-Tan
    Tony Romo of Daily Fantasy
    Monitor-Tan's Avatar Become A Pro!
    Join Date: 02-20-11
    Posts: 4,460
    Betpoints: 428

    or would i have to short each of the 30 companies seperately?

  14. #14
    opie1988
    I have a MAJOR fukkin clue..
    opie1988's Avatar Become A Pro!
    Join Date: 09-12-10
    Posts: 23,429
    Betpoints: 1012

    Quote Originally Posted by Monitor-Tan View Post
    what's the stock ticker for dow 30? is it DOG?
    Quote Originally Posted by Monitor-Tan View Post
    or would i have to short each of the 30 companies seperately?
    Monitor-

    Don't even consider it. I'm totally serious. Shorting like this will be a disaster.

    Good luck.

    SBR
    Poster of
    Year 2011


  15. #15
    wtf
    wtf's Avatar Become A Pro!
    Join Date: 08-22-08
    Posts: 12,983
    Betpoints: 61

    dont short the dow, good companies in there

  16. #16
    Monitor-Tan
    Tony Romo of Daily Fantasy
    Monitor-Tan's Avatar Become A Pro!
    Join Date: 02-20-11
    Posts: 4,460
    Betpoints: 428

    what do you suggest i do then?

  17. #17
    DwightShrute
    I don't believe you ... please continue
    DwightShrute's Avatar SBR PRO
    Join Date: 01-17-09
    Posts: 97,269
    Betpoints: 8463

    if you have many years before you want to retire, its a good time to get into riskier investments like the stock market, the closer you are to retirement, the opposite financial planning should be practiced.

  18. #18
    Fishhead
    Fishhead's Avatar SBR PRO
    Join Date: 08-11-05
    Posts: 40,178
    Betpoints: 11769

    Quote Originally Posted by Monitor-Tan View Post
    what do you suggest i do then?

    Buy farmland

  19. #19
    ACoochy
    Am i serious? Are you serious?
    ACoochy's Avatar Become A Pro!
    Join Date: 08-19-09
    Posts: 13,949
    Betpoints: 5324

    Quote Originally Posted by Monitor-Tan View Post
    what do you suggest i do then?
    Monitor if ur planning on shorting stocks make sure u have a stop option to limit losses if things go awry...
    Monitor this is not the forum to seek for expert money advice...98% here are broke degenerate gamblers who cant rub 2 cents together...

  20. #20
    opie1988
    I have a MAJOR fukkin clue..
    opie1988's Avatar Become A Pro!
    Join Date: 09-12-10
    Posts: 23,429
    Betpoints: 1012

    Quote Originally Posted by Monitor-Tan View Post
    what do you suggest i do then?
    Exactly what you would've done yesterday....last month....or last year.

    Don't panic. Be prudent. Invest long-term in good, solid companies that are well-managed and focus on good service.

    That's as close to a "sure thing" as there is in the stock market.

    SBR
    Poster of
    Year 2011


  21. #21
    vyomguy
    vyomguy's Avatar Become A Pro!
    Join Date: 12-08-09
    Posts: 5,794
    Betpoints: 234

    good post lemart...I agree....the past few years you could have a made a killing.

  22. #22
    Monitor-Tan
    Tony Romo of Daily Fantasy
    Monitor-Tan's Avatar Become A Pro!
    Join Date: 02-20-11
    Posts: 4,460
    Betpoints: 428

    Quote Originally Posted by ACoochy View Post
    Monitor if ur planning on shorting stocks make sure u have a stop option to limit losses if things go awry...
    Monitor this is not the forum to seek for expert money advice...98% here are broke degenerate gamblers who cant rub 2 cents together...

    LOL very true!

  23. #23
    flyingillini
    flyingillini's Avatar SBR PRO
    Join Date: 12-06-06
    Posts: 41,218
    Betpoints: 2187

    Jake Lemont, we are in a very unique time right now. This is the time to do it if you are.... The Stock Market, Business, etc etc etc...Extend yourself as much as you can, doesn't matter if it goes to hell or not... This is when millionaires are made and millionaires become billionaires.
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: zam77

  24. #24
    Monitor-Tan
    Tony Romo of Daily Fantasy
    Monitor-Tan's Avatar Become A Pro!
    Join Date: 02-20-11
    Posts: 4,460
    Betpoints: 428

    Quote Originally Posted by flyingillini View Post
    Jake Lemont, we are in a very unique time right now. This is the time to do it if you are.... The Stock Market, Business, etc etc etc...Extend yourself as much as you can, doesn't matter if it goes to hell or not... This is when millionaires are made and millionaires become billionaires.

    That's exactly what all the degen says! haha but in all honesty I do agree with that

    Can't make money if you don't spend money!

  25. #25
    lemart5
    FOOTBALL TIME
    lemart5's Avatar Become A Pro!
    Join Date: 01-12-11
    Posts: 2,818

    It's a great time to not extend ones credit especially mine .

  26. #26
    ACoochy
    Am i serious? Are you serious?
    ACoochy's Avatar Become A Pro!
    Join Date: 08-19-09
    Posts: 13,949
    Betpoints: 5324

    Quote Originally Posted by opie1988 View Post
    Exactly what you would've done yesterday....last month....or last year. Don't panic. Be prudent. Invest long-term in good, solid companies that are well-managed and focus on good service. That's as close to a "sure thing" as there is in the stock market.
    Opie the market has increased 4 fold more than the rate of inflation since Obama took office...If this doesnt spell out the obvious 2 u then i dont know what will...

  27. #27
    Footballtime
    Footballtime's Avatar Become A Pro!
    Join Date: 01-20-10
    Posts: 3,229
    Betpoints: 159

    Lemont, LOL Taylor LKOL
    !

  28. #28
    lemart5
    FOOTBALL TIME
    lemart5's Avatar Become A Pro!
    Join Date: 01-12-11
    Posts: 2,818

    Some of these valuations are just too good to ignore .

  29. #29
    bb_skoots
    bb_skoots's Avatar Become A Pro!
    Join Date: 05-04-11
    Posts: 1,088
    Betpoints: 389

    You could buy Proshares SEF is one way to short financials.

Top