iraw

Bridging the gap between networking and computing. This is a personal stream, opinions expressed are mine.

[iraw @iraw000]

@market_sleuth It is the bottom for this year.

[iraw @iraw000]

@market_sleuth Who do you think our president is ? Worse than what you described here and he is leading the nation…

[iraw @iraw000]

@DeepValueBagger Good time to dca ….

[iraw @iraw000]

@MichaelPBento The major success of NVDA is cuda.. it’s silly to claim that AMD is going to take the market share due to a ceo scandal 😃

[iraw @iraw000]

@Glitch_Trades I am buying shitload .. market is just over reacting

[iraw @iraw000]

@EWFTaha I would say cautiously early. Calling things very early is going to make us miss a lot potential big moves early on. The game here is playing bullish when its bullish and playing bearish when it's bearish.

[iraw @iraw000]

ofcourse its technology. You have heard of Solaris/Sun OS from Sun Microsystems, IBM AIX from IBM or HP Unix from HP. Or haven't heard Oracle database, all these were powerful system once people never imagined of being de-throned. For that matter, look at google search all these getting obsolete.. Look at the big picture here. Been in IT for 25+ years, witnessed all those transitions.

[iraw @iraw000]

I think you are mistaken here. We are just in the very initial phases of a paradigm shift with just frontier models. Elon Musk is hyping because he only got two more years to get all govt backed business dealings for spaceX. And he still has ego that he never got to share the wow moment during the OpenAI/Chatgpt go mainline.

[iraw @iraw000]

@NoLimitGains He said one right thing

[iraw @iraw000]

@MichaelPBento Check back tomorrow !

[iraw @iraw000]

@asklivermore I would like to get more at $150 but time has passed that oppurtunity… tomorrow we rally off till December and possibly January first week

[iraw @iraw000]

@markminervini I bet that will be true in Q1 next year. But don’t think it’s going to be a bear market just 20% drop in the indices..

[iraw @iraw000]

I went in and checked them in more detail. Three legs printed in the same millisecond (10:06:44.039 ET)

The next morning, open interest fell on the two November strikes: 700P −7,732 and 690P −6,590. So the seller was mostly closing puts it already held, not writing new ones.

So, its most likely hedge roll - close near-dated puts that are wearing out, and buy lower, longer-dated ones. Someone betting on a drop doesn’t usually trade it this way.

[iraw @iraw000]

@EWFTaha A $32M, 67-day QQQ put block is most likely an institutional hedge, not a directional bet. Holding through the drop and the bounce fits that.

[iraw @iraw000]

@MichaelPBento Does anyone really think this war is still a problem for the market ? We are just finding reasons to fit our theories..

[iraw @iraw000]

@MichaelPBento The current market cycle overlays with 1990 chart using gann technique.. it’s a 37 year cycle comparison. I know it’s hard for some to digest. But let us see what market gives us…

[iraw @iraw000]

@markminervini thats true... but next pull back in early Jan 2027.

[iraw @iraw000]

@MichaelPBento ok. good luck! Just thought of mentioning since i follow your x posts

[iraw @iraw000]

@MichaelPBento And we should most probably see $SPX 7800 by the end of this month or early Dec.