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bearmarketbully

09/04/2020 22:06

$SPDR® S&P 500 ETF Trust The Souk al-Manakh Crash...

I posted this a week ago I doubt anyone paid attention. We have a ton of traders buying on margin usually 4x their actual cash balance. Who probably don’t even realize that money is a loan which will go on your credit if you can’t pay it back and legal action like any other debt can be taken against you. Your positions will be liquidated.

Perhaps the greatest speculative mania of all time was Kuwait’s Souk al-Manakh stock bubble in the early 1980s, which is as fascinating as it was devastating. The bull market began when investing in local “Gulf Companies” became in vogue with Kuwaitis who wished to ride the Kuwait Stock Market Crash Imagecoattails of the Middle East’s oil-driven economic boom of that time. A peculiar Kuwaiti custom allowed traders to pay for stocks using post-dated checks, under the assumption that default would be unthinkable. Unsurprisingly, human avarice prevailed as some traders speculated in stocks paid for by billions of dollars worth of unsecured checks, causing the stock market to inflate like a balloon and pop in a most analogous manner. $TESLA $Apple $Amazon.com $AMD $Nvidia $Facebook $Microsoft $WalMart
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(10)

DaaaaaaaaaBear09/06/2020 21:17
Only thing crashing is your account tuesday

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gra***com09/04/2020 23:11
why risk what you dont have =/
asking for trouble imo

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☣Yoga for Kleptocracy☣09/04/2020 22:42
Good article today exactly this. Traders relying on margin for options...inflating like mad.

☣Yoga for Kleptocracy☣09/05/2020 02:30

LOL they dont...not in the way you probably think. Margins have different meanings for levels and types of option risks. Basically you need to have the cash amount to buy the stock you are speculating on. People buy stock, trade it, liquidate it then use that to buy options. This sets a cycle of always wanting and needing rock bottom prices cause they need more cash for more escalating bet risk.

Elhung16909/04/2020 23:01

I didnt know they allowed you to buy options on margin. That seems crazy! Ill stick to my cash accoubt

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☣Yoga for Kleptocracy☣09/04/2020 22:40
Good article today exactly this. Traders relying on margin for options...inflating like mad.

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☣Yoga for Kleptocracy☣09/04/2020 22:39
Talk about the Chinese Reverse Merger.

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David James09/04/2020 22:15
Lol this isnt a bubble yet

Soggy Bottom Boys09/06/2020 01:25

Lol

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sea***com09/04/2020 22:14
really good point seem like big money is trying to teach novice traders lessons on risk

bearmarketbully09/04/2020 22:40

they want to kick retail traders out

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Batteeth09/04/2020 22:14
🤔😴

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StockTrader09/04/2020 22:09
This felt like I was reading a wikipedia page

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luk***com09/04/2020 22:08
wtf arell you tal about omg

Soggy Bottom Boys09/06/2020 01:26

I have NO CLUE what you just posted?? No clue?!

bearmarketbully09/04/2020 22:15

a fucking inflated bubble created by the number of retail traders buying on margin

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