As always i'm not a financial advisor, this is not financial advice, i'm really just an ape and this is tea leaf reading.
DFV DFV has twote/tweeted whatever you wanna call it and has indicated on the 6'th of April nine GME symbols hidden in his tweet. The next day on April the 7'th he posted the Heyaaa guy with a inserted number eight on the drumset. He's counting down to something. His 500 contracts expire on the 16'th and that's exactly where the countdown leads.
Incidentally all major banks have earnings next week starting from the 13'th through the 15'th. I believe this is the fiscal quarter earnings for them and if they've been really involved in heavy GME shorting, losses should be appearing in their earnings/balance sheets. Considering how stupidly high banks are trading right now, though not completely in the overbought area, are in my opinion bound for a huge correction on these earnings calls next week. GME must have absolutely ruined them this quarter. If it hasn't, then maybe they kicked the can of beans to the next quarter and we'll see then.
If they do report horrific earnings as i hope they will, this should be the catalyst to the Market sell off and SPY finally coming back down from it's dizzying nonsensical $408 price... Last time prices went this parabolic was during the softbank incident last year then they sold off their bets and killed everything. I recon the same will happen this year either in the next 2 weeks or after the June 10 voteholder/chairman meeting thing for GME. I have bets in place FOR GME and against JPM, C, WFC and BAC for the impending market crash.
There's the idea that GME will crash the market. Yes. Overly leveraged banks being short and naked short on GME will report losses next week unless they managed to hide them under the rug somehow. Once they do, investors sell off their bank shares, prices plummet, everything goes to poop, company market cap drops dramatically, they are suddenly over-leveraged and get margin called and the sell offs begin with their longs getting liquidated first in order to cover their shorts on GME and other stocks indiscriminately and at full force. The fallout occurs and the recovery is swift due to the new DTCC rulings and the market goes back to "Normal" except the swamp has been mostly cleaned and a lot of hedge funds have defaulted, Citadel has defaulted and been absorbed by Blackrock, rare lifetime chance to buy into a clean market undiluted with muck and actually become a long term investor... in GME!
Good luck apes. My bets are big and heavy on GME 91% portfolio and 9% vs the banks.
I guess it doesn't matter what you draw as long as your final line is upward and parabolic and you can post it on Wall Street Bets and get lots of up votes, but this is by far the most ridiculous graph I have ever seen on Trading View. What is the point of drawing a channel when you're just going to break through the bottom of it before reversing to the Moon? My God. It's a good thing you preface to this with a disclaimer that it's not financial advice because somebody really really might have been confused. I also love how do you incorporate the Q-anon phenomenon into your financial life. Best of luck, see you after splashdown.
mickeyrchelipilot
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put your crayons away you are embarrassing yourself.
tdough57
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@mickeyrchelipilot sounds like the same shit they used to say to Michael Burry