I was wrong. The run isn't over... I got faked out by the data in my last post/s. GME and the memes are going to pump more... imgur.com/a/Ggfw20Q
As you see it had reversed last week indicating we would flip to bearish this week. Then yesterday it re-flipped to bullish. I've honestly only seen this happen in June 2022 and i dont't understand what it means. All i know at this point is that the trend is your friend.
Also as you see here, it had fizzled out but then with yesterday's data it broke out. Yes it's a bloody breakout... imgur.com/a/xUFcfWd
So yeah, i was wrong. Better get in. Also the rest of the market has also flipped to full on bear with no signs of slowing. I think this is the bull market even though it doesn't make any sense.
TLDR: There's MORE up for GME & the memes.
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FYI, i still have spy puts. I've inversed myself.
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Aaand there it is. Covering in a bear market. Took them longer than expected.
Order cancelled
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Nevermind, it (The Basket) re-flipped to bearish. I personally think it won't re-flip to bullish again. It's too weird to flip between bear and bull from one day to the next. Looks like i was wrong about being wrong lol.
The overall market data isn't showing me weakness or strength... It's becoming increasingly hard to read the data on the rest of the market... Usually it's really clear, but since a week now it's becoming really hard to read the direction on this stuff.
About my positions. I inversed myself yesterday by not listening to my own advice and got SPY puts at what looked like a last attempt to hit $400.00 on SPY before the dump and it looks like that truly happened... I closed those with a profit and got more after the price "normalized" for more dumping... Not revealing my % gain/dates as to not get inversed by some bot. I just got puts, that's all.
Was waiting to hear what you had to say about this week.
Looks like you got the market turning to shit part right. Now we just need the memes to get going.
I think tomorrow and Friday are the days, followed by a legit opex run on T+Twosday the 24th.
Keep up the good work, you crushed it last week!
JabezDolz
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Brrr
salvusvitae
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Where are we running too?? $40??
losrollo
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Mistakes happen. Buckle up
nickc2122
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Usually near bottoms, we usually see the market testing downside liquidity. Seems that the markets are getting ready to move to the upside as a lot of indicators are pointing to an upside move coming. The feds have to pause! There is no other option for them. It's either pause and see what happens or continue raising and everything crumbles. I doubt that's the case.
SierrasTrades
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jacked.
walden50xu
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Can't have an epic rug pull without first trapping everyone.
Mattehh
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Nice that you can commit you were wrong, go!
Droman027
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Leenix predicting Meme runs like Burry predicting crashes. Thesis correct, but always too early
SFitzzzy
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@Droman027 he was right last week. Nailed those trades too.
Looks like you got the market turning to shit part right. Now we just need the memes to get going.
I think tomorrow and Friday are the days, followed by a legit opex run on T+Twosday the 24th.
Keep up the good work, you crushed it last week!