Hey Nerds: Blockchain

[CH1]

He’s simply predicting ES 4100, and then 3700? which would take us back all the way to…..Jan 2021…. Oh the horror!

 

[Preston]

He’s simply predicting ES 4100, and then 3700? which would take us back all the way to…..Jan 2021…. Oh the horror!

Oh he has gotten less ambitious then. A few months ago he was predicting a 70% correction. He has some extremist takes is all.

 

[Preston]

Nvm




BUCKLE UP @LeafOfFaith

 

[CH1]

The red just keeps coming. This is making me sick of buy/hold already. Maybe you can time it. When you're up a lot, get the fuck out. And when you see shit destroyed again, get back in. You don't have to get the top or bottom, but at least you miss these swan dives.

Easier said then done… most of us get gripped by inertia at some point.

the only tactic that works for me is having separate accounts — one is long term where the most bearish thing I do is hoard cash

and another is short term where I try my best to time the next big moves

 

[Preston]

I've long said that we're over-due for something like xtrends is predicting! I'm just poking fun at him for predicting it every day. He'll be right at one point tho, for sure.

 

[LeafOfFaith]

Life has really worn me out the last 14 months or so. I'm kinda just tired of everything.

This market stuff falls somewhere between obnoxious and boring for me. Pisses me off more than it bores me though.

 

[CH1]

Nvm




BUCKLE UP @LeafOfFaith

that’s too good to be true… I mean a giant bear market that prints money followed by an opportunity to invest in a generational low… where do I sign up???

 

[CH1]

I've long said that we're over-due for something like xtrends is predicting! I'm just poking fun at him for predicting it every day. He'll be right at one point tho, for sure.

poking fun at him is fair game… he’s got a giant ego and a funny tweeting style…

 

[Preston]

It's like how zeke predicts that the Leafs will win the cup this year and then they actually do it. Does it count as him being "right" if he does it every year? Does he deserve the bragging rights?

 

[CH1]

Zeke doesn’t predict nearly as hard as x.
Plus zeke would find a way to get himself banned from the parade

 

[zeke]

Zeke zeke zeke zeke zeke

 

[Wayward DP]

Mississauga council wants integrity commissioner to investigate allegations councillor keyed colleague's car

thinking of you, @LeafOfFaith

 

[CH1]

market weak all day, so never got to reshort as planned

BUT just nabbed 30 ES points on a snapback waiting for AMZN earnings to come out. not a bad 5 min trade. Thanks Mr Bezos.

 

[CH1]

this market is emotionally bonkers (which provides great opps)

folks loaded up on AMZN puts today as if the company is facing the same issues as Facebook/Meta/Zuck

$500 dollar face ripper from 2760 to 3260 since 3pm

 

[Preston]

The market is so much more fun when there's turbulence. I love this shit.

 

[CH1]

The market is so much more fun when there's turbulence. I love this shit.

seriously.....the last two days I barely looked at it....and then decided to pounce at 3:50 to fade the latest trend...

participants are so emotional, the tape is acting like a sloppy drunk. just stay detached and you will make bank.

 

[Preston]

seriously.....the last two days I barely looked at it....and then decided to pounce at 3:50 to fade the latest trend...

participants are so emotional, the tape is acting like a sloppy drunk. just stay detached and you will make bank.

That's what I fucking love about the market. Ultimately nothing matters.. It's all pretend. Fake multiples, fake valuations, fake fundamental analysis. It's all about the sentiment at any given moment and it can quite literally flip on a dime. A major earnings beat when the entire market is incredibly fearful was a perfect environment for todays face ripper.

 

[CH1]

I don't think AMZN actually beat...and they guided down...but they are still a juggernaut and already suffered a 20% haircut.

Bears that short in the hole are the worst (I know because I was one)

I much prefer this action because reversion to the mean is something I am comfortable betting on....grind up markets (while great for long term holders) are not fun to trade

it's too bad I didn't buy AMZN calls...the ones I was looking at were going for $400....now $8000 (if price opens here)

 

[Preston]

*AMAZON 4Q OPER INCOME $3.5B, EST. $2.43B
*AMAZON 4Q EPS $27.75, EST. $3.77
*AMAZON 4Q OPER MARGIN 2.5%, EST. 1.82%

Is this not accurate?

 

[Preston]

Also another contributing to the psychology of being bearish, alongside a turbulent market, is that they missed in their last two quarters. It's all psychological. Twas' a perfect short squeeze opportunity.