Is everyone ready for a raging bull market recovery tomorrow? I hope you loaded up today, because things are going to happen real fast in the morning. There might even be some huge gaps up before open. Tomorrow is going to be so FUCKING GREEN. There is no stoping this!
The dollar really seems to be committing to this attempted reversal here. Wonder how far it will go.
Tyler Mitchell
based because I was going to kill myself if it was red
Brody Miller
DXY moons along with SQQQ Goodnight anons
Brayden Brooks
Its very easy user. Buy every dip. Put all your money in now. According to this chart, the stock market only goes up. Don't be an Elmer Fud and sell. BUY BUY BUY!
>over 100 years to recover from the 1710 spike what the fuck is that spike
Mason Gomez
>return to /smg/ seems better than when I stopped visiting around June, but it's still pretty shit. DXY acting stupid. I wonder what's going on. Too bad every number and indicator is pretty much useless. Spice racks and aisles are more full than they used to be, so that's a good sign. The equities market has complety outpaced, overshot, and misallocated for this natural disaster recovery. Only thing that really makes sense to me was a big bump for target and the continued prices for PM and industrial metals.
Juan Cruz
Futures don't have a confident opinion at this time.
>Wont let me set a selll limit for 50 Why not? Does it give you an error message or something?
Jackson Allen
>tfw bought the top in 1700s >tfw 4 more generations of my family have to hold my bags before they can come out even
Josiah Rivera
stocks, metals, crypto have all been moving in tandem lately inverse to the dollar. one day the market wants all cash, the next out of cash. there are a lot of people trying to time the bottom falling out right now.
Daniel Richardson
How am I supposed to make money when I don't know what these nerd charts mean. One day someone posts a bunch of lines and numbers and says "this literally proves that we are overvalued and guaranteed to crash tomorrow" then the next day someone posts a chart that says "as you can obviously see, the stock market is at a healthy value and going to go up according to the international bull index"
Evan Walker
How long will the GME squeeze last?
Joshua Scott
>Look at the charts, anoneus! >Verily, stocks only increaseth! >Do not fight the crown, naive!
this is why the market has liquidity. because nobody agrees on anything and when nobody agrees on anything we have liquidity because there are both sides of the trade.
be worried when volume starts drying up and order book depth shrinks day over day.
If it follows past console run ups, it could hit $50, but that is price memory. If the squeeze actually happens, it could possibly go higher. I'll sell half at 30ish and let the rest ride. Could be long and drawn out, or it could happen tomorrow. No one knows
i have puts but i also sold puts to cover. i bought most of the outs that i have. so i guess ill lose 60% of everything if gme doesnt hit 5$ before december
Jace Torres
No not when will it happen, I'm asking how long I will have to sell high when it does happen. Do I have to be ready or will it last like an hour and I'm going to catch it by just casually checking throughout the day?
David Johnson
Robinhood does that too. I was trying to put limit sells during a trading halt but it fucked me.
You really don't believe that most of us won't lose our gains on a retarded options call the next Tuesday coming off our gamblers high?
Nicholas Butler
It's getting old. All metals, big oil, and transportation seem the most attractive right now to me. The mark is being missed completely by our pricing mechanisms. Banks are still overpriced for my taste. If NANR had more volume, I'd be tempted to get a bigger position.
Landon Watson
>For the rest of his life, he forbade anyone to speak the words ‘South Sea’ in his presence.
Michael Diaz
>1 week after the infinity squeeze >(((media))) attention has forced the hand of the SEC to order all ill-gotten gains to be returned to short sellers, to ensure that an occurrence like this is never incentivized to happen again
I really don't think GME would follow it's console cycle trend if it wasn't for the squeeze. I do think at 6-8 dollars it was under valued but let's be realistic here without a squeeze it was probably properly valued at 12-15 dollars during the console cycle. I think I'm going to set a limit sell for 1/3 of my shares at 20 and let it ride from there... assuming it gets that high.
Jaxon Smith
I’m not buying your bags
Xavier Edwards
There will be a race for the door to lock in profits but also a race to the door for shorts to cover, so it depends which side wins.
Thomas Watson
>All metals, big oil, and transportation seem the most attractive right now to me.
As longs, maybe on the 12+ month timeline. JPOW and PPT have control of the memelines for now. macroscale looks dark between now and next spring.