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Hey Nerds: Blockchain

This is setting up for a November post election rally. Unless of course trump challenges the election he's going to obviously lose, wins, and causes a civil war.
 
You know that sounds crazy but even I'm starting to think there's a decent chance of that happening. Fuckin eh.
 
Preston said:
You know that sounds crazy but even I'm starting to think there's a decent chance of that happening. Fuckin eh.
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That’s what cheap hedges are for — disaster insurance in case the US jumps the shark.
 
In the Feb/march downdraft I was full of hedges. This time around I'm mostly laying low with a gigantic cash position. I'll eventually go shopping again but I think it might be a bit early for that.
 
Trulieve market cap roughly $2b now, Thumb 2.5ish. Reminder that Thumb may legit pull in a profitable $1b next year. When I see these broad market corrections I get excited because the shopping opportunities are unreal. I love going value hunting.

My next nibble will be somewhere in the 15's though.
 
CH1 said:
all out -- don't trust this rally one bit
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The only thing holding me back from going short is that the market could pop another 2% and it would still mean nothing for the bulls. Just a snapback rally bear flag, oversold bounce for me. And the lack of volume/vigor on the bounce is obviously a red flag. All we can do is play the odds (not predict.. I hate that word when it comes to trading) and the odds say we haven't bottomed yet.
 
got short again --- max pain involves early buyers getting trapped.... we'll see, my stop is tight
 
watching to see if ES can hold 3213 .....so far it has on this downdraft
 
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