XIV ARMAGEDDON: Thread 2

If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or being lied about, don’t deal in lies,
Or being hated, don’t give way to hating,
And yet don’t look too good, nor talk too wise:

If you can dream—and not make dreams your master;
If you can think—and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two impostors just the same;
If you can bear to hear the truth you’ve spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build ’em up with worn-out tools:

If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breathe a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: ‘Hold on!’

If you can talk with crowds and keep your virtue,
Or walk with Kings—nor lose the common touch,
If neither foes nor loving friends can hurt you,
If all men count with you, but none too much;
If you can fill the unforgiving minute
With sixty seconds’ worth of distance run,
Yours is the Earth and everything that’s in it,
And—which is more—you’ll be a Man, my son!

>7 trillion

haven't seen that anywhere

Is there a Warren Buffet JUST yet?

Buy the DIP!!!

Jesus fucking christ

>7 TRILLION dollars losses
sauce me up senpai

turn up boys
usdebtclock.org/

literally nothing
>Credit Suisse statement on $XIV: "The XIV ETN activity is reflective of today's market volatility. There is no material impact to Credit Suisse."

twitter.com/LesliePicker/status/960717230169260033

LOL this is fucking bullshit.

5 MILLION SHARE EXPOSURE

all safely hedged against

We'll see when the bell rings

cnbc.com/2018/02/05/sell-off-continues-after-hours--sp-500-futures-now-down-6-percent-on-the-day.html

If they're not fucking stupid... but I don't know with banks

Credit Suisse can survive a $500million loss. It's a 40 billion dollar company.

ripple effects. CS isnt the issue

I'm telling you, it'll be green across the board tomorrow. This is just jitters over a new Fed and JP Morgan getting a wrist slap

As exciting as this is, I hope you're right. Futures not looking good, could see another 2-3% drop at the opening bell

Who the fuck invented this type of derivative, and why were they not stopped with a bullet in the back of their flat skull?

ugh, QE babbys... you will learn the hard way

wait till morning, some real big boys getting margined and liquidated don't panic

wiping out these short vol retards is way over due and healthy

waiting for china to liquidate 2T in holdings this week

Anybody here actually hold XIV? I lost about 8 k lmao

I'm in UVXY, and even I'm afraid of what might happen tomorrow.

i only had a little to mess around with, but i had 130 avg and got in last wednesday or thursday

JUST

i bet he is currently hanging from his ceiling fan

>green across the board tomorrow
>no

actully vix going up 100% is enough to totally wipe out xiv

...

Can you make a movie with Christian Bale to explain this to me?

>I'm in UVXY, and even I'm afraid of what might happen tomorrow.
youre going to be rich

while every one else loses their shirts

$10-$30 in 2 days and this is just the start. I predicting at least 20% correction. At least.

it means we only have 70% losses and no liquidation threshold, as opposed to that piece of shit

hooray?

>20%
that's a crash not a correction

Its not spot price so it wont go all the way to 0

CS capitalized enough to absorb this. The ECB is ruthless in enforcing their capital requirements.

t. work for European bank in US and get audited by ECB every now and then

>that's a crash not a correction
semantics, correction is anything over 10% but in principle I agree. Its a crash.

Is this cause the feds increased market rates, the fed chair head is about to change, Obama left Trump with a time bomb, all of the above, or was it all trumps fault?

should i get into UVXY tomorrow?

It's not even the increased market rates really. Its the fact that they reduced them in the first place a decade ago.

...

I HURT MYSELF TODAY

I'm not sure exactly what kind of sorcery (futures, spreads, swaps) is involved in managing these funds day to day but I know that they have to be rebalanced daily and if the long and short funds somehow need to offset each other it might possibly, but probably unlikely, spell trouble for the long fund as well. I'm sure there are contingency plans in place for this.

all memeing aside, vix is gonna hit the 50s tomorrow

its a terrible vehicle designed to decay, if you were smart and knew what to do you woulve got in on friday, its simply not wise to get into something that has gone up 200% in 2 days. So what im saying is absolutely, all in, use margin.

Buy mobius sir, link is a scam

Agreed, you gotta grab the bull by the horns and fuck him silly. Tap into the HELOC too.

TO SEE IF I STILL FEEL

youtube.com/watch?v=vxaqA55sC5I
AAAAAAAAAAAAAAAAAA THE SKY IS FALLING IT'S OVERRRRRRRRRRRRRRR

...

I got ya thanx.

...

man that makes me feel good

link>?

sucks bro, live and learn happens to the best

youtube.com/watch?v=BKr1BTIuBzc

my girlfriend works at CS

she still hasn't been home tonight

who the fuck thought it was a good idea to use a picture of a corkscrew roller coaster for an investment vehicle?

>When a fucking FURRY is laughing at us

>he bought $XIV

Well said! I’m off to the gym

So when's the time to start panic selling everything?

...

last thursday

reality: some retail faggots and nigger tier hedge funds will get BTFO. Otherwise it is nbd. Just lol at thinking CS goes under from this how retarded are you

sorry...

0.5 billion hit at Credit Suisse tonight?

This must be how it feels to be raped.

CS market cap is $45.5 billion.

This

>suneq
lol wallstreetbets

fuck CS they deserve it for these shit tier rip off products

>ripples will flow through the rest of the financial system
Nice just bought 100k xrp

I made 1% in 3 months.
If I sold 2 Fridays ago it'd have been 10% ez.

>-132%

My condolences

switzerland has its own central bank
and in case you didnt follow the news, they devalued the swiss franc intentionally by buying fat stacks of euros. they can sell those before anything really goes to shit
and then some gold

user is talking out of his ass throwing credit suisse in there (he couldn't even spell it right)

I never heard of this xiv coin before. What does it do? Why is it falling? Can someone shill me on it

/wsb/ reporting

VIX is a stock market index fund that tracks volatility based on futures contracts. When volatility increases XIV decreases. We have been in a long period of gradually decreasing volatility. Today volatility went nuts after hours and XIV crashed into the ground and its looking to be liquidated tomorrow.

Basically its got all the risk of crypto with all the lameness of an index fund!

>98.69% Diversity
but they said diversity was our strength

Kid. Xiv only has 1.5b in assists.

Holy shit you guys are dense.

WE HUNGRY

i've lost so much i'm fucking blindsided

Nothing like getting a train run on you by your co-workers to take your mind off a global financial crisis.

lets fuk this furry

credit suisse will be fine, at worst they will get bailed out, but they wont need to

> credit suisse will be fine
Yeah it's Deutsche bank that is really fucked

Yeah only a 99.5% loss so you still have enough to buy a fucking McDouble

MR TRUMP ARE YOU GOING TO SAVE US?
MR TRUMP???

tomorrow it will be

Trump inherited a strong market and we are now seeing the ripples and effects of his policies in the market. I expect retards to blame Obama despite it not making sense.

FED policies that caused this drop are independent of Trump.

Instability for normies is 100% on him though.