you’re preaching to the choir here. I am looking for a top. Carry on, my guy

I didn’t say it was surprising. But by any measure a 7% rally in 4 days is insane especially given the constant low range .3% days this market tends to give

Insane rally last few days. Feels bear market rally-ish to me but this things cuttin everyone’s head off lately

Man, that trapped some shorts there. Wheres the all caps red text crew?

And they get whipsawed. Could get into 420-425 zone according to what I’m looking at. But this is all fail potential, likely depending on headlines for the moment. Feeling like more short whipsaw first though

From here? Well to me it doesn’t how far it drops from here. Waiting for a rally back to add to shorts. I’m not bullish but I think new shorts might get whipsawed here

Deflation always comes after the tail end of rate hikes.. really it’s the point of hiking rates. They call it disinflation but imo it’s really the pull of deflation

For now but deflation is the stronger force

Not looking good. I expect bounces along the way, but this market does not put in lower lows unless it’s off a steep, severe decline, or we’re about to tank 50%. There seems to be no inbetween

Unless they prop it and we are going through a decade of 70s type of spiral inflation i think under 3000 SPX is in the cards

I dunno about the caps clown show that happens here everytime market sells occur, but for me, i believe we’re going a lot lower overall, and if we rally back it’s another place to get short.

All rallies are suspect. I’m thinking a 440 test and then back to 420 and under coming next several weeks. Would love an end of year jan rally, then back to the doldrums

Good candidate for (if no BK obviously) merger, split, relist.

That don’t make sense to my brain. A rising dollar is deflationary, as the currency becomes stronger the price of assets become cheaper. So why are we seeing inflation with a higher dollar? Because inflation is higher on reasons other than dollar printing, and those in the USD tend to be smart money. I believe what we’re seeing is the tail end of a decade+ cycle of low interest rates, and the result is a 1920-21 or 1980 type of deflation. What often happens in these cycles is people find ways to remove their cash as they hedge inflation, ie buying homes, gold.. illiquid assets, long term bonds, etc. once the flip happens, there won’t be cash on the sidelines to take advantage of the cheap prices. This will be an opportunity akin to 2008, 1980, etc.

Well, you said it’s game over for the dollar. But you think it’s going higher?

So explain why the USD continues to rally. Despite the crowd consensus that the USD is going to 0, USD continues to gain strength.

As for me, I hate crowds

Looks like the house and senate are trying to close a deal to avoid gov shutdown on Sunday. I’d love to get some capitulation to play a bounce but at the moment it seems like this 423 level could be a temp low especially if they actually pull it off, or even just the rumorville. But even after that we have a lot of deflationary events off in the horizon so just a temporary thing for me

This board is hilarious. It’s one or 3 guys posting useful information and then 30 other guys at each others throats constantly.. Lolol

Did ya do em real good ?

In my opinion one can get short here, and scale into any rally. A rally up to 440 spot would be ideal but this market falls fast. Probably going to make a decision near term based on if gov shutdown happens or not. But medium term we have the effects of higher rates kicking in now.. which is roughly 14 months from the start of the hikes.

My phone isn’t loading images well. Is that foreign markets rally?

Will the FDIC go poof? Will states go bankrupt? Scary shit out there. Look at bond prices .. how many states are knee deep in bonds?

I had quite a few RGTI from .40s, sold the last when it did nothing on that news, and didn’t bounce much with market. Too much risk in this market right now. People throwing out symbols like they’re in everything. Hope we’re all high cash cause this market seems to be held up on very few while 80% of the market is dead. Very odd. Looking forward to when market is actually bullish one day

bouncing a few

Hopefully they can get a little higher for the sell. Should floor plank if correct

Personally I think market is set up for a 50-70% decline in the near future but if I wake up everyday and think that’s the case I will trade that idea and get scrambled in all the ups and downs, push and pulls.

My overall plan is just to sell a failure immediately after a rally and see how far it can go without coming back to me. Eventually, I hopefully will have timed the new black swan if one were to happen.

Check out the $SPY board. They predict a Black Swan every 2 weeks. Sure feels like it’s coming though. or something along the lines of the complete opposite nobody expects.
I’d love a gift sell off to capitulate this terrible market to get long. High yields is just no good for speculation.

Orion's Contest August 2023 Pick

$GSIT

I draw on my charts in my trading platform. Which broker do you use?

I feel like 5-10% off SPY is a pretty solid play here - any rallies are flippable back to the downside. As far as market collapse - probably if this turns into deflation but why cloud your head with that?

The guy with all caps and red text who wouldn’t ever shut up about the market collapse finally gave up looking for the short right at the top, and now, in his red text all caps fashion, just says to play what’s in front. I’ll take a 10% decline my way over kids yelling on message boards

Or, or.. wait for it.

Yeah buddy. WE runs to .30c and I can’t sell because it was intraday only. This just ain’t my market

SYTA nice start

Goin with SYTA EBET MOBQ

Wrong board

QUBT is quantum, wants to play catch up on RGTI QBTS IONQ. Has shelf out there to keep in mind but could double and still be cheaper than any of those above. QMCO is software/storage for quantum. LODE is hidden quantum.

You can have your scalps. I play futures and will get the big moves. Good luck

I watch the market all day, everyday. There’s no breadth. You do you, champ

Bro, you have no idea what I’m doing. Go back to your corner and let the grown ups talk.
You’ve been screaming short for the better part of the year. How about this: quit telling others how and what they should trade.