Sold Uber

Almost a 300%er

nice one!!

Nice 1

Added sqqq today

I am pretty conflicted atm dude. Still heavily invested and with some big winners. I added sqqq to hedge a bit but am leaning a little on the sell side now. Want to really protect gains

the November gut check I was playing for didn’t happen, and December is traditionally extremely good, especially pre election year. Although, seasonality wise we have been slightly invalidated, missing the November end of month correction. Was it just moved to early December or are we going to skip it and moon? Idfk

Thinking of cashing in snap, and para just to have some extra cash for a pull back. Thought about meta as well but decided against selling that. Basically want to consolidate my sectors a bit. Keeping nflx, Disney , selling para/wbd etc. I was basically 99% in during November and between forced sells (calls I sold that executed on snow and Amd) with some other names I cashed in like Uber, coin, wbd. Now have about 30% cash.

What I really want to add is more Tesla. Despite bad China sales, social media fuck fest, it’s really held on quite well. Wanting a drop, not sure what it will take at this point to get it aside from a broader correction.

This post was edited by Bazi on Dec 5 2023 12:48pm

I agree with you... December is not a good month usually to be short

But the market is a bit over-extended after the November crazy rally.. seems to be running out of juice

I’m not planning to stay in SQQQ long.... maybe only for this week or til next week

I’ve set a shallow stop-loss so im not very confident about it but its reasonable to expect a slight pullback in the short term

Agree with all

I don’t want to be in sqqq very long at all. Ideal for me is a quick few percent correction in early December. If it’s middle of December and qqq still hanging near ath I’ll need to re evaluate this. I did the rookie move and haven’t set a stop loss

Also worth nothing that First quarter of election year is historically poor

The next Fed FOMC meeting is next week Dec 12

I’ll exit SQQQ for sure before that meeting

Ive exited Sqqq .... the market trend is too bullish right now for us to time a pullback

I’m staying in this as a hedge

I’m still net very long even with it to be clear