Hey Nerds: Blockchain

[Preston]

Yeah so I think I'm going to let my position run. AAPL bear break and NLOD. Couldn't get any meaningful bounce.

Another beautiful morning. This morning was a gift for bears. One of the easier plays I've had in awhile.

 

[CH1]

my puts more than doubled so taking some off...I still think we can drop another 10 points on SPX, but snapper rally can unleash at any time,

 

[Preston]

With my position size smaller than yesterdays balls deepness, I'm happy to keep my position and see what I can get from it. I have high hopes.

 

[CH1]

sweet...took more off...my day is just about done I think

 

[CH1]

I was looking at ES 3035 to tested (yesterday's battleground level before things collapsed) and got it. Not sure what happens next.

 

[Preston]

Death. Death is what happens next.

 

[CH1]

back short when it couldn't hold 3030

 

[Preston]

I could cry

 

[Preston]

Funding a lifetime of Collective Arts orders with todays action.

 

[Preston]

Man I got out JUST in time. This little rally was always going to happen. Will keep a close eye and get back in my bear suit if I notice any weakness.

 

[CH1]

Well that was fun....my fingers are tired of typing. Even got $300 for my $70 TSLA put.

Best of all -- Pot stocks were unaffected. TRUL and TER are actually up.

 

[CH1]

Funding a lifetime of Collective Arts orders with todays action.

Congrats man, I'm going to go out for a walk. The last few days have been exhausting -- need a break.

 

[Preston]

Congrats man, I'm going to go out for a walk. The last few days have been exhausting -- need a break.

Beware of the covid!

 

[LeafOfFaith]

Death. Death is what happens next.

Are the charts actually forecasting that severe pain is ahead, or just articulating a hunch?

 

[GEEMAN]

Are the charts actually forecasting that severe pain is ahead, or just articulating a hunch?

Ask the robots with a few hedge funds who move most of the indexes

 

[Preston]

Are the charts actually forecasting that severe pain is ahead, or just articulating a hunch?

As of right now. At 11:40am it feels like we've bottomed for today. But this environment is nuts. Things change quickly.

 

[CH1]

Are the charts actually forecasting that severe pain is ahead, or just articulating a hunch?

Nobody knows. All we can do is play the probabilities in the short term.

In the long term, STONKS GO UP!

 

[LeafOfFaith]

Sheesh, even in the short term. In the half hour or so that I've been sending out some emails, that was a pretty sizable turnaround.

 

[Preston]

This is the kind of buying I wanted to see from the bulls this morning to be even remotely convinced. Impressive. I wanted to put my bear suit back on but this is looking good for the bulls.

 

[LeafOfFaith]

In all seriousness, what you do base that comment on, and measure it by? Just strong volume upwards over a limited slice of the trading day? Or something more than that?