Still think TITNC3: Return of the Iceberg was peak

I'm out at $499.99. I'll buy back in once the shorts push it back to $40. lol

 

It can't hit $40 again. There's not enough available shares to short to even get close to that.

Don't set limits for $500. It may gap from $300 to $700 and you'll just be pissing money away. Sell if you want at $500, but don't set up conditionals.

 

This sea of red is bad. Every major, and most minor, cryptos are also down in the 10% range. That's not a coincidence.

 

Not gonna say I told you guys this was gonna happen, but...

 

i think margin calls are definitely behind some of that...
India COVID? doubtful...market gives 0 fuxks about COVID. Vaccine is out, end of story.
Inflation? meh, it'll happen, but prob won't be that crazy. There is def market shift into inflation hedges and commodities and intermediates
I don't really know what else...the FED's gonna fed...BRRRRRRRRRRRRRRRRRR!!!!!
the Gov't gonna try to pass some major capital improvement projects (i.e. debt spending)...
i think the market has fuxked itself on all the shorting and now is just trying to dig out of it's own hole...

 

Non-believers gonna burn themselves baaaad no matter what.

 

Let's talk at the end of the week. I'm calling a correction until I'm forced to liquidate to cut losses. If that happens you can bet your ass it's a crash. lol

 

Nope. I've been paying attention closely but that's mostly just me being dedicated to what i do and i lowkey go hard with this investing stuff. I would have gotten in if i knew about it a lot sooner like fall-ish. Seen stuff about it around december but at the time i didn't see it going to more than $30 with the squeeze potential and i already had a fair bit of money tied in a couple of 10+ baggers so no reason to switch lanes for no reason (at the time, regretting that a bit). Seen GME when it first showed in Burry's filings but fuckin-a i had no idea why and didn't look hard enough to find out, that woulda been cool to find the roaring kitty vids then.

I think it's a nice play either way. Easy double what it's at now within a few years even no squeeze. I don't see it working for same reasons the other guys have mentioned. Illegal dipshittery and top dog by any means necessary attitude got them into this, most likely it gets them out too. How, i got no clue it won't be easy for them

 

SPY chart is bouncing off the top rail...but i suck at drawing


on the 180 day 4H chart it almost looks like it's starting to roll over...i.e. worse than above...
the above chart could almost be like it's waiting to break out to the top of the channel...or revert to mean

 

S&P and the DOW are both close to overbought. The NASDAQ isn't even remotely close. 14 RSI is hovering at 44. This should mean the NASDAQ starts to recover first. Which is strange since it seems to be the one pulling everything else down. Either way, this week is gonna suck. lol

 

I've got my dancing shoes on

 

DUK hit an 52 week high at 108 (news)....but it's still floating at all time highs...when utilities are momentum stocks, you know the market is hedging.

 

I've got my finger on the eject button. lol

 

No shit. Look at T outperforming the indices. Something's not right in Kansas.

 

Leave yourself enough altitude so your canopy can fully deploy. I'm sure @rmepilot has some ejection tips for us.

 

I need E-Trade and Gemini to make a SELL ALL AT MARKET button. When I say all I mean the entire portfolio. That shit would be handy. lol

 

hahahaha....when T is rolling hard...that's when it's time to sell...
buy that shit at like 40, sell it at 50 after you cash in your 7% divy...
edit: whoops...buy it at 27, sell at 40

 

That would be going full nuclear. Can't say I agree with it, but I do appreciate the commitment lol

 

Inflation is gonna be a big deal. Gonna be a really really big deal if they don't do more than just play around with interest rates to fix it and we get screwed at least a little bit either way

 

It's exactly what I did in March 2020.