UPDATE october 20
A day that will live in infamy 🤣
haha, just kidding, maybe.
yesterday was bad, but today does not look good either. I expect a big sell-off. for a few more days. low low low. that's where we are going. A possible ground invasion, bond vigilantes leading to higher rates, oil rising, inflation increasing, and stocks (the big 7) are overvalued. Time to come to earth. it is an OPEX day, so stocks can do whatever, but this is what i think they have been building for, a massive 3 day drop. it started yesterday and should go through to tuesday.
just keep climbing that ladder 🪜 it's like Donkey Kong 🤣
here is OVX the oil volatility index. Look at it!!!!!
i'm short and have been since July 18. I added a bunch yesterday.
Be Safe, Be Careful, Be Wise
and as always
Good Luck
and now some random posts I made in the group.
nothing good is coming. we may get back to these levels, but we may not. I would not own any tech, or discretionary, or growth, or biotech, or any company with debt larger than their quarterly income. I would (and do 😉) own OLD DIRTY ENERGY (OIL, COAL, NATGAS), PECIOUS AND WAR (STEEL, IRON) METALS, MINERS, and URANIUM. I swear my commodities post is coming 🫠 i can't seem to finish anything lately. hence the long passing between posts.
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icezzz : Thanks. Love to read your post
Mike Obama :