blackbased16z

Based16z is fucked until hyperrapequid reaches $88 as HE PROMISED

[blackbased16z @blackbased16z]

Gm

[blackbased16z @blackbased16z]

@DsrPrivate Think we’re about to see TA not matter much at all with these new rounds of negotiations going absolutely nowhere and IDF continuing to bomb Lebanon and Hormuz back to closed

[blackbased16z @blackbased16z]

@DsrPrivate Well that’s just 2 days away. If we just chop around here and MU doesn’t kick it out of the park then top is basically in. Who knows ofc. But very few catalysts left for upside and many Iran/Lebanon catalysts left for the downside. IMHO ofc. Interesting regardless

[blackbased16z @blackbased16z]

@DsrPrivate Guess the most common way the top is in when things stop pumping and no one can point their finger on a reason why

[blackbased16z @blackbased16z]

@DsrPrivate How much higher tho? Feels like +2%-2.5% should be top of the range?

[blackbased16z @blackbased16z]

@DsrPrivate As in buy the dip? Isn’t this whole statement quite the fundamental reason to short the market?

[blackbased16z @blackbased16z]

@based16z Whats this? Gib tldr

[blackbased16z @blackbased16z]

@_10delta_ Can we get your thoughts on this IPO? Not price, but general liquidity drain if any, and spx/ndq reactions

[blackbased16z @blackbased16z]

With all due respect Jason, and i truly mean it, how can you say "Just needed that news to spark it", like it's some slightly consequential thing? It's like saying Adobe might be primed for a dead cat bounce here and then after they announce takeover by Anthropic and it rips 500% "Yep, just needed that news to get the ball rolling"? Without the news it was very obvious where everything was headed

[blackbased16z @blackbased16z]

@Temple_Eight Hate to be that guy, but looks like market is agreeing with my information right now. In reality it all comes down to the most EV bets tho, obviously. Downside is where EV is right now, imo

[blackbased16z @blackbased16z]

@3PeaksTrading I think it was just the Pentagon scare mini-sell-off and now we back up at where we were before that

[blackbased16z @blackbased16z]

@DsrPrivate Hmmm ye, confused… What do u make of it?

[blackbased16z @blackbased16z]

@DsrPrivate What exactly do u refer to when u say fundamentals tell u it’s a better short than for example a few weeks ago? Trying to understand what exactly has changed compared to very recent sessions in terms of purely fundamentals

[blackbased16z @blackbased16z]

@3PeaksTrading Thoughts on spooz price action today?

[blackbased16z @blackbased16z]

@DsrPrivate Resume the twap US bid?

[blackbased16z @blackbased16z]

@DsrPrivate what if its 0.3 rounded? U think we puke properly?

[blackbased16z @blackbased16z]

@3PeaksTrading Where do u see support bounce? 7475?

[blackbased16z @blackbased16z]

@DsrPrivate That twap bid for the entirety of the session was disgusting to watch tbh

[blackbased16z @blackbased16z]

@Temple_Eight I agree and understand but holy fuck do retards just keep APING madly 0dte upside calls every single session? Like can we breach 7550 and correct with massive short gamma “reverse squeeze” lol

[blackbased16z @blackbased16z]

@3PeaksTrading Tis is just fucking unbelievable hey