Not so Fast
Dont get to excited after today. Market overall is still in a downtrend. Until higher lows and higher highs happen still have to be cautious.
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Machiavellis3rdEye : Dead cat bounce just jumped into my mind. But hey, sold more aapl at ath’s. Grateful.
Mcsnacks H Tupack OP Machiavellis3rdEye : Don’t need any big dips tomorrow like we had today. It’s getting close to cliff that will Erase all gains back to December. It has Until Friday to clear it. Trying to decide if I want to liquidate all my shares tomorrow at close or Thursday at open. Probably Thursday. I just don’t think there’ s enough money going into the market too much coming out of it from Way to Many prospectus, too many directors and CEOs cashing in free shares, too many IPO’s, and too many SPAC’s. Fed is injecting the money and the rich And greedy Elites are taking it out plus new investor money. That’s why Tapering is such a scary word to Walk Street they know without that coming in their free ride is over so they all rush to cash in their free option contracts and any other company bonuses. Zuckerberg has removed over 10billion In the last year. He’s been told what’s coming.
Machiavellis3rdEye : Started my port sell off two weeks ago now. Except amc and gme. I’m sure you are right on target with your prediction.
Nice call on SpCe today too...I fell asleep premarket and missed my third Re-entry there.
Mcsnacks H Tupack OP Machiavellis3rdEye : Thanks. Just need it to clear 33.03 tomorrow then 34.69 on Thursday then Friday 36.00. If it pulls back to under 29.75 then it’s run For the exits.
Mcsnacks H Tupack OP Machiavellis3rdEye : Amc and game can’t confirm their trends because it moves to much on shorting and option contracts. Right Now they are moving up from short sellers taking profits or covering. They are moving just like CCXI and the reason it’s moving the way it is because shorts are giving up. Has went from being under 1.3 million short shares available for 2 months to 1.8 million.
Machiavellis3rdEye Mcsnacks H Tupack OP : The only thing I’ve really confirmed with gme and amc over the last 5mos is that I’m just another neo ape on the short bus...
...like my main man Bruce Lee says, be like water. Same goes for the crypto (r)evolution.
Aroey Mcsnacks H Tupack OP : Is this applies to all share like ChemoCentryx?
Mcsnacks H Tupack OP Aroey : Yea. It can’t keep dipping and beating the previous low even if It recovers and goes up.