• Moderators, please send me a PM if you are unable to access mod permissions. Thanks, Habsy.

Hey Nerds: Blockchain

Preston said:
Good hold for the bulls. I took off half when I saw bears struggling to get more. Still think there's a good chance we get another leg down. This feels like it's setting up for a good ol' fashioned sour hour.
Click to expand...

Nice call!
 
Followed apple the whole way there. Saw it was hanging by a thread for a good five minutes. Broke bearish and QQQ got an immediate NLOD. Fucking love to see it folks. Collective Arts day.
 
AAPL has been amazing for me today. Love the company but these $400 price targets are based on sentiment alone. Revenues have gone nowhere recently.
 
Preston said:
Another dead cat bounce here I think before further weakness in the final hour. Book it.
Click to expand...

Already in and out for +5. Kept a runner for possible slide to 3000. Seems unimaginable but all those calls being purchased created an imbalance rarely seen
 
I couldn't help but load more. Just sold again.


Fuck. Okay I'm done now. I think. I really need to get work done.
 
  • Love
Reactions: CH1
When momentum is this fierce the opportunity is fucking phenomenal in either direction. I love this shit.
 
Preston said:
When momentum is this fierce the opportunity is fucking phenomenal in either direction. I love this shit.
Click to expand...

Yeah. These things rarely lineup so neatly. Too much complacency, a JPOW sell the news event, and COVID headlines lurking in the b/g.

Plus, Powell keeping rates low until 2022 means he thinks the economy is fucked for a while.
 
See a lot of people buying dips today and they may be right in the end but... Generally rule for me is to never buy on day 1 of blood. Feels reckless.
 
I haven't seen a day like this in ages -- to this point, every little rally has been sold.
 
CH1 said:
I haven't seen a day like this in ages -- to this point, every little rally has been sold.
Click to expand...
Yeah I'm done for the day. A mini rally to close the day (and reset the beaten short-term RSIs feels like it could be on the table.
 
So I did it about two weeks too early, but this is why I went nearly all cash. The harder we ran, the harder the rug pull was always going to be. And in hindsight, what better time to do it than a Jpow sell the news conference?
 
Preston said:
Yeah I'm done for the day. A mini rally to close the day (and reset the beaten short-term RSIs feels like it could be on the table.
Click to expand...

50/50 as I can see it going the other way as well (hard dump). Think of all the noobs trapped with calls expiring tomorrow. I've been in their shoes.
 
You must log in or register to reply here.
Back
Top