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Hey Nerds: Blockchain

So he's predicting a historic ETF bubble popping in a way that we have never seen anything pop before (as a permabear would naturally do every year). And that MSOs will blast off.


I like one of those things!
 
I got a bunch of recent reports (pdfs) that are very bullish on cannabis....the best thing about it is that these studies are coming from pretty staid firms such as Morningstar, Deloitte and Ernst and Young

pm if interested
 
Preston said:
Oh yeah I saw that.. Dude is always so cryptic and I always laugh at the MSO cult conspiracy theorists automatically assuming he's talking about MSOs...




But seriously he has to be talking about MSOs right? Right? RIGHT?!?!?! What else could it be?
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I was about to say, what is he, auditioning for the Riddler in a surprise Bale sequel?
 
back into FSLY on that dippity do...super tight stop as I'm protecting sweet gainz
 
Got out of my U at breakeven...was hoping to swing it for a few days/weeks but the profit cushion disappeared so not interested in holding overnight

and moved my FSLY stop (on the recent batch) to breakeven
 
Short-term horizontal wedge after potentially bottoming last week on the lower bollinger band on the daily. Could break bullish, could break bearish. Nice part is, support is nearby so any potential loss I'd take is far lower than potential gains if it breaks bullish. Just a r/r play.
 
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Preston said:
Short-term horizontal wedge after potentially bottoming last week on the lower bollinger band on the daily. Could break bullish, could break bearish. Nice part is, support is nearby so any potential loss I'd take is far lower than potential gains if it breaks bullish. Just a r/r play.
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thanks....wedges is something I don't dabble in. R/R is solid.
 
CH1 said:
thanks....wedges is something I don't dabble in. R/R is solid.
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Not predictor of anything in the slightest. But if you have key support nearby and set your stop adequately, it's a winning venture long-term simply because potential gains > losses.

Usually only play them in a healthy, bullish leaning environment. Laggard kinda deal. So for me the odds are slightly better than 50-50 that it works.
 
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Preston said:
Not predictor of anything in the slightest. But if you have key support nearby and set your stop adequately, it's a winning venture long-term simply because potential gains > losses.

Usually only play them in a healthy, bullish leaning environment. Laggard kinda deal. So for me the odds are slightly better than 50-50 that it works.
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we're on the same page (regardless of system) --- there are no predictions...just setups with asymmetrical risk/reward outcomes
 
I'm still far more naturally attracted to beaten down names, probably to a fault. Those are the biggest moneymakers for me. Particularly love weed stock offseason and loading up when they are completely obliterated. Nothing beats my conviction during the dying days/horrible sentiment days of weed stonks! But that is partially fundamentally related too. I know they are well oiled machines that very little can stop in the short-term.
 
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AAL grinding up with a NHOD but still not too meaningful to me. Clean break of 22.60 gets us out of the wedge.
 
Preston said:
I'm still far more naturally attracted to beaten down names, probably to a fault. Those are the biggest moneymakers for me. Particularly love weed stock offseason and loading up when they are completely obliterated. Nothing beats my conviction during the dying days/horrible sentiment days of weed stonks! But that is partially fundamentally related too. I know they are well oiled machines that very little can stop in the short-term.
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Almost all my buys have been in beaten up names. Less so in 2021, but all the other stuff.
 
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