Smok'n Vader
@BulletOneOneTwo
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Casey Kasem's '70s and '80s countdown lover. FLY NAVY! '89 VF-2 Bounty Hunters!
Huntington Beach, CA
Joined March 2013
$ONDS - This thing's going to $5 if that channel breaks. I tried to warn y'all but the sycophants just wanted to attack. Stay away from unprofitable companies in this environment. Especially when you see them getting pumped up all over the place and the CEO doing the rounds
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$NBIS - Will it? This is not the time to be convincing yourself the 'story' of stocks like $NBIS justify ludicrous valuations. It's still a $ loser. That gap looms below
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$MSTR $BTC $IBIT - Okay, let's do some Bitcoin and related chart porn. I don't make the rules. The setups are what they are. Trade safe. $MSTR got a clear rejection at the shown resistance line at $150. But there's a larger downtrend support line it broke up through, then after
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$QQQ $SPX The old saying, "When the time comes to buy, you won't want to" rings truer today than anytime since last April's low. Place your bets! - Oh, and don't forget, "Wealth is created in bear markets". Ah, yes.
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I got 2 "Asymetric" trades. Short oil and long $BLDR. Sure trades
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$BLDR - So back in May, Paul Levy, the independant Builders First Source board chair bought 500k shares of the stock for $55 mill of his own money around $110. Just yesterday he reported buying another $4mill of stock at $87, now owning 1.7 mill shares bought on market. "But
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$ES $SPX $QQQ $USO $OIL And yet again, the 'experts' are all wrong. Rinse and repeat. What happened to gold and silver? Weren't they supposed to be the 'go to' trade? Where's Schiff? (LOL)
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$NDX $QQQ $SPX - The MOST money you'll make this year is being setup RIGHT NOW. I posted last month to be patient (if you're not a degenerate gambler like me) and wait for the Bullish $ index charts to start coming in. Well? Trade accordingly...
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If Trump is going to be consistent, the market is going to play dead today due to weekend event risk, only to be shocked into Sunday night's futures by a headline over the weekend of the Hormuz situation 'solved' or cleared. Watch what happens with Qeshm over the weekend.
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$MSTR - About to get interesting. ("Saylor's gonna get liquidated!")
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It used to be that bonds would rally (yields down) when the market crashes because institutions were unable to sit in cash. (wealth managers/mutual funds). So they had to be in 'something'. Now the market is tanking and bonds are...wait...selling off? (hint hint)
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The oil price crash coming is going to be epic. Place your bets.
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Here's a real world/real time example of the old adage of Wall Street - 'Positive Divergance'. With all the chaos going on and oil prices up and bond yeilds up, the SPX is at 4k? 5k? 6k? Get it?
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$STRC $MSTR - Tomorrow is ex-div day. That means if you own $STRC you're locking in about .96/share payout for the month. What 'should' happen is it opens up tomorrow around $99 or so to reflect that. The test here is a biggy. 'If' it doesn't or even climbs back to $100 and stays
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$IWM $TNA $SPX - I've said numerous times to be ready to strike when you see the Bullish % numbers start to head toward the 30s. See the lower pane below? Christmas is coming early for those who wait.
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I'm bored tonight so let's do a tad bit of $MSTR and $BTC chart porn. Honestly, Bitcoin's chart looks terrible and that is beginning to look like another bear flag. So, I can see another drop to the low $50s. Not predicting it, just saying. And I am fully aware of the cycle
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