@MasterPandaWu You had some great calls the last 2 month, but lately you were almost 100% convinced that the market will gap up and never look back. A major miss as you said. The market will humble anybody, even masters with 20+ year of experience.
@carlvanhaes@MasterPandaWu I like his work a lot. But yesterday he said he expect a big gap up, it didn’t happen, because of Blinken headline. +- 100 point in this environment ist nothing. Any news from Russia/US can move market immediately by 50 points.
Sold half the position (SPXL) at 125.6$ in my large fund that I help manage👇👇. Entry price is $105, entered a couple of minutes before my ROCKET LAUNCH MEME. Banked half of the 1/4 M profit, in four days.
@RaoulGMI Raoul you are finally right about the exponential age: every day -20%. And also about Bitcoin being a black hole: its sucking the hopes and dreams of people who bought at 65, 55, 50, 45k and 40k.
@MasterPandaWu Question is what will be the trigger event? Fed getting more hawkish because of inflation? Increasing US/China tensions? Or an yet unknown event?
@_mm85 Fed is just buying short end of the curve. Nominal 10 and 30y UST rise because of rising inflation expectations (opening of economy, positive vaccine news, high global fiscal/monetary stimuli) and higher real yields demand by investors because of record high US fiscal deficit.
@saxena_puru 20% correct in 2 days is mainly because of: everybody long due to central banks crazy money printing, which encourage people to take leverage, shorts get killed so nobody there to cover in downturns, so no liquidity, hence higher and faster drawdowns.
@Towelhead9 @fintechpro_org @elonmusk Why should he dump, he has a 1.6 bn long bet. And looking at the shares of Tesla lately, he should come up with some pumping Tweets fast.