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bossmodetrader
Dec 18, 2020 4:07 AM

Silver - Road to $40 Long

SILVER (US$/OZ)TVC

Description

Just leaving it here. May God Bless Jerome Powell and I hope he sleeps well without prescription drugs.
Comments
horacejunior
Haha there ya go. I’m also in this, as silver is the millennial gold ;) today definitely did a fist pump when I woke up. My favorite thing about the fed meeting yesterday was Powell goes “we won’t see inflation for quite a while and we have so many measures in place to prevent it from running too hot” and all metals got a panic bid
bossmodetrader
@horacejunior 👍 right on! Looks like we are in same trades 😂
horacejunior
@bossmodetrader, crypto and metals and shorting the stock market?! haha. I don’t have the stomach to long much else
bossmodetrader
@horacejunior I am so short equities that my balls hurt 😞 I swear to more up days and I will quit everything
horacejunior
@bossmodetrader, haha yeah I’ve loosened up a bit on the shorts since I got castrated back in July. Slowly accumulating uvxy and VIX and spxs hoping it will payoff. This shit is getting frothy and I really truly think there is going to be a horrifying moment in the market soon
bossmodetrader
@horacejunior, did you see that craziness last 10 min before close? It started the dump and then someone just pushed the button and it shot up. Especially Tesla and SPY. I am 1000% convinced Jerry was clicking buttons to fuck with every bear
horacejunior
@bossmodetrader, yes. Most ridiculous was how they crushed volatility. Which makes -1000% sense... I bought a tsla call spread for exactly that reason before the spike. I’m tired of these fuckheads manipulating the shit out of everything. It’s so bad that yes I am buying tsla weeklies
bossmodetrader
@horacejunior, there is a guy on Twitter Sven Henrich he is an ultra perma bear. Every time he posts a mega bearish post with clear evidence its about to dump - it simply turns around and shoots up lol I like the guy but I now realize you should never short anything...instead - find a different asset class that suits your views and move on lol
horacejunior
@bossmodetrader, know him. Yeah that’s why I picked metals and crypto. I mean I’ve been trading crypto for years but if you’re bearish on the market it’s easy to get down with metals and the tape and momentum are bullish so I’m in. I literally lost 10% of my portfolio shorting spy and tsla in a bubble. Charts and divergences don’t matter right now I’ll use them when They do. I’m accumulating VIX because it’s not a thing or indicator until everyone has lost vast sums of money
bossmodetrader
@horacejunior, I closed out SPY shorts this morning, bought more silver with proceeds. Only regret is I didn't go all in on SPY shorts on Friday lol Coulda shoulda woulda. Congrats if you were portioned the same :) I might re-short if we get a decent bounce here
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