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Hey Nerds: Blockchain

I’ve seen him block people just because they disagree with him… lame
 
I’ve seen him block people just because they disagree with him… lame
He blocks people who even LIKE tweets of people disagreeing with him. He's out of control. And he's been wrong for a good year now but he continues to twist and spin his way into saying he was actually right about everything.

And now that the market fear has returned he is off the walls again. I think I enjoy it but he also annoys me so I'm conflicted.
 
I don’t pay close attention but I remember him correctly calling for a MELT UP when things were dire last yr… now it’s all CREDIT EVENT looming

Hope he’s right in the short term
 
I don’t pay close attention but I remember him correctly calling for a MELT UP when things were dire last yr… now it’s all CREDIT EVENT looming

Hope he’s right in the short term
I just discovered him recently so I don't know the full history beyond ~Novemberish last year. But from what I do know, he said "melt up" and then claimed the melt up was over in December and we're gonna go back to lows and below in 2023. But he keeps claiming he was "right" because he "called the melt up." The art of a grifter is to be wrong nonstop and convince people that you were actually right.


But.......... Maybe he's actually right now. I'm no expert and choose to not even larp as one when it comes to this topic because if wrong the consequences can be dire, but several indicators out there look quite red flaggy to me.
 
big picture, none of these calls are actionable, but they are designed to create epic "I TOLD YOU SO" statements
 
At the end of the day if one has 100% conviction it's a clear red flag for me. There aren't many of them and they're hard to find because they're less sexy and don't get the clicks, but the ones who speak in probabilities as opposed to taking hard stances are the ones you want to listen to a little more closely. "If X happens, then Y is more likely to happen than Z."
 
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JPOW got hawkish again yesterday.

I bot puts at 3:30 yesterday, woke up to a four bagger win. Rolled the strikes further away.

Bulls need to defend the market at these levels, or a 5% swoon can came quickly

me too. shorted NQ yesterday close to 3:00pm when the algo noise slowed down. only mistake was not leaving an overnight runner. I was in at 15265.
 
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I left all mine to run overnight (usually do not) but FOMC trend can last for days, so I covered this am, pre-open.

Still have a runner, further out, in case the shit really hits the fan
 
perfect day to be a bear....zero stress...every mini bounce was sold, downward pressure was slow until a nice big whooooosh
 
honestly, usually when I'm holding puts, I'm pre-occupied with fear throughout the day

today, I just checked a few times

thank you JPOW
 
Zoom out a bit and fuck, the SPY daily chart looks pretty scary. QQQ even scarier...

I have some extra cash on hand mostly thanks to weed stock gains over the last couple of weeks (gave some of them back admittedly but a small fraction). I'll just robotically buy my boring ol' ETFs and go from there. Nothing else to do at this point!
 
Of course, now that I checked the close, I've made myself miserable looking at end of day puts that went from 1.50 to 18 in a few hours.

in real dollars that equals $75 to $900
 
but I have a job (plus posting commitments on FI) so my puts expiring next Wednesday require less baby sitting (and keep the dream of another big whoosh between now and Monday alive)
 
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