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

Hey Nerds: Blockchain

Preston said:
Flaked on some Cresco today, 15.48. Just added those funds into Curaleaf at 16.64. Just mini sells and buys to hedge fund it up.
Click to expand...
Flaked on Columbia earlier as well, 8.20 --> rebought at 7.84. Scaled out on the same amount of Thumb at 35.88. Still overweight Thumb but a lot lighter than I was yesterday morning.

Percentage from recent highs:

GTII: 9%
TRUL: 19%
CURA: 21%
CL: 16%

Love thumb and they are very correctly the sector darlings, but happy to redistribute some of those funds into other names that have been hit harder.
 
overall SPX has corrected about 5% from all time highs -- quite normal in bull markets
 
I was about to post a very annoying, obnoxious Jason Fuckface picture about buying dips but as soon as I clipped it I got really angry at myself and my mood is generally a lot worse now.

So pretend I posted it but also understand that I have a heart and care about you.
 
CH1 said:
overall SPX has corrected about 5% from all time highs -- quite normal in bull markets
Click to expand...
We've gotten a few within the 5-10% range over the last year. All normal. Could pull back a lot more than 10% to be considered healthy really after the run we've had.
 
In many ways I feel like there's a chance that Wall Street is behind the broad market tank after the $GME situation. Of course the timing could be purely coincidental but I'm not counting out that they're related and that this is temporary until the GME saga ends. I will never under-estimate the amount of linkage between that situation and every other sector on the market.
 
GME bulls trying to hold the line here... Grinding down slowly but no follow through on the bear break just yet.


I love applying TA to a chart that is clearly on meth. What a waste of time.
 
Preston said:
GME bulls trying to hold the line here... Grinding down slowly but no follow through on the bear break just yet.


I love applying TA to a chart that is clearly on meth. What a waste of time.
Click to expand...

along with TA, you should also perform channel checks: call the GME stores in no lockdown areas to inquire about foot traffic.
 
Just saw a line with thousands of people outside a Gamestop in Arizona actually. I think it's pretty good value here to go long.
 
You must log in or register to reply here.
Back
Top