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Must be Chicken Soup !
Only Fools pay 35+ PE's
Nonsense !
You should stop dropping Acid. Lol...
If da Crooks can run the US Equity Markets to stratospheric levels why not BTC.
Psssst ... I own a boatload :)
Likely the premium will be scaled back as more folks buy the actual.
This Market is rigged. PE Valuations are insane. Economy is in the toilet.
Fed is between a rock and hard spot.
And so it goes.
What might the premium be with GBTC should BTC hit $300,000 in the next year or so.
Thoughts that make one go hmmmm.
There must be plenty of stupid money out there.
Trump Failed America !
Moving into Puts ;)
Tomorrow or next week
This market looks very tired
Now what ?
Lol...
what the heck spooked ya ?
We are on the same page my friend
Have a great week as well ;)
It is too bad that shareholders, once again, got wiped out.
Very positive NN.
Im sure the board's majority appreciate your logical candor.
So lets go higher. Yes, lets gradually move higher into year end and 30 days + into New Year.
Im in.
Lets do this !!!
But...
Im thinkin we go no higher than 3825 on the S&P, or so I heard, Lol...
Either way,
get ready to get Short, ( Put City ), scale in, 3+ months future dated.
Then, sit back and let $'s come to You
If so, NN, the crash will be one for the record books, imo.
I disagree. Da Crooks will, at least, retest the highs.
Da Crooks waving their magical wand to steal from the American Taxpayers.
Congrats on an awe inspiring call. Truly amazing!
It is interesting because my Symmetrical Triangle on the S&P projects to 3865, but no higher. Understandably, if the S&P closes below my sloped breakout well then I expect that 3865 to be invalidated.
North:
Are you using a Symmetrical Triangle to calculate your projected S&P move ?
It looks that way to me
Lets be as simplistic as we can; Debt + Debt + Debt... = WE ARE FUCKEN BROKE
And where, ohhhhh where, is all that Mula coming from ?
The Crash that's coming will be one for the ages, imo.
Interesting that you corrected yourself on your mornings BTO 352. 11/9 Puts at 4.95. Cause I did not see the 11/9's 352's trading there when you posted.
Makes me go Hmmmmm...
Think lower, much lower :)
I concur
Not drinking that Kool Aide, NN.
What ? ))
No Puts ?
Thinking you have that backwards there NN
However we may think, we should remember just how close this election was.
Any significant update today should be hedged with 11/6 Puts
Think: Do you really believe the market is going to punish the elected President ?
Trump can win as well too
Now Buy some Puts !!!
You're almost there ;)
Unless you time stamp your trades, as close as possible, you have zero credibility.
Sorry to burst your bubble.