Meanwhile Apple has dropped considerably the past month so now Rochdale is in big trouble because they have a large loss on the books and are asking for a bailout. One has to wonder how many other trading firms out there are leveraged big time to the upside in the market. This market is a ticking time bomb and when it explodes look out below.
Monday, November 5, 2012
Why the US Stock Market is a ticking Time Bomb!!!
For those that follow the stock market a trader that worked for Rochdale Securities bought 750 million to 1 Billion Dollars in shares of Apple last month. Keep in mind Rochdale only had 3.44 Million of capital at the end of 2011. So one trader bought 750 million to 1 billion dollars of Apple on margin leveraged over 200:1
Meanwhile Apple has dropped considerably the past month so now Rochdale is in big trouble because they have a large loss on the books and are asking for a bailout. One has to wonder how many other trading firms out there are leveraged big time to the upside in the market. This market is a ticking time bomb and when it explodes look out below.
Meanwhile Apple has dropped considerably the past month so now Rochdale is in big trouble because they have a large loss on the books and are asking for a bailout. One has to wonder how many other trading firms out there are leveraged big time to the upside in the market. This market is a ticking time bomb and when it explodes look out below.
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