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Nov 10 2022 11:42am
Vix gotta break below 20 to historically suggest sustained rally. Been mostly long since that spy 349 day. I’m playing this like I have the rest of this year with the assumption bear market is still intact and raising cash as vix approaches this level. Got the entries I wanted in mega caps and not getting rid of those but losing some of the small caps I’ve acquired. Except Uber which is still my largest position since 22. Also gonna trim semis here. Stay safe y’all

This post was edited by Bazi on Nov 10 2022 11:43am
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Nov 11 2022 07:32am
Quote (Bazi @ Nov 9 2022 09:39pm)
It’s in the middle of a 146-196 gap fill

Will add in lower range of that if we get there


146 would be nuts... that's like a forward pe of ~22x
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Nov 11 2022 08:05am
Quote (S3th @ Nov 11 2022 07:32am)
146 would be nuts... that's like a forward pe of ~22x


I agree , to be clear I don’t think we will get that low

But Since I got enough of it, that is the spot I will add more if we do get there

Tesla has been a recent relative underperformer so if market takes another leg down then that could be how it happens

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Nov 11 2022 08:26am
Quote (Bazi @ Nov 11 2022 09:05am)
I agree , to be clear I don’t think we will get that low

But Since I got enough of it, that is the spot I will add more if we do get there

Tesla has been a recent relative underperformer so if market takes another leg down then that could be how it happens


Tesla trades at like a 2 or 3x beta I believe. Esp. with Twitter overhang.
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Nov 11 2022 08:50pm
what do you all think is gonna happen on monday?



in the process of xfering everything to webull. unlimited trades we go, finally

really want to use lightspeed trader pro, but don't want to dish out the fees for it (however, i imagine it's prob worth its weight in gold, especially for scalping)

This post was edited by ChocolateCoveredGummyBears on Nov 11 2022 09:12pm
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Nov 12 2022 08:55am
Quote (ChocolateCoveredGummyBears @ Nov 11 2022 08:50pm)
what do you all think is gonna happen on monday?



in the process of xfering everything to webull. unlimited trades we go, finally

really want to use lightspeed trader pro, but don't want to dish out the fees for it (however, i imagine it's prob worth its weight in gold, especially for scalping)


I think market keeps rallying a bit towards that 4100 number , choppy up til there imo

I think violent move off the vix at 20, since 28, 24 didn’t hold and 20’has been the yearly number to beat. that’s another 10% beat for the vix
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Nov 12 2022 05:52pm
Quote (Bazi @ Nov 12 2022 06:55am)
I think market keeps rallying a bit towards that 4100 number , choppy up til there imo


I think Monday is gonna have a huge bull trap in the first hour and then drop like a rock, then we'll be back to Friday's numbers on Tuesday EOD

Or I think on Monday we're going down the tubes

🤣

This post was edited by ChocolateCoveredGummyBears on Nov 12 2022 05:53pm
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Nov 12 2022 05:57pm
Quote (ChocolateCoveredGummyBears @ Nov 12 2022 05:52pm)
I think Monday is gonna have a huge bull trap in the first hour and then drop like a rock, then we'll be back to Friday's numbers on Tuesday EOD

Or I think on Monday we're going down the tubes

🤣


Vix hasn’t lied this year and has told a lot of the story when price action has been inconsistent. Keep raising cash the lower it goes
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Nov 14 2022 03:56am
ftx
world economic forum
biden
democrats

bonus video
https://twitter.com/qntretirement/status/1591467833074098181?s=46&t=SzQwUXtzBTFdmsZNCZY15w

crypto.com and bybit probably next

This post was edited by Melatonina on Nov 14 2022 03:57am
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Nov 14 2022 12:31pm
Vix up spy up

Same de coupling as last couple weeks but reverse

Caution
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