So this is an everyday thing now. Market bleeds then picks up at end of day.
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02-25-2021, 09:44 AM #2851
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02-25-2021, 09:44 AM #2852
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02-25-2021, 09:46 AM #2853
- Join Date: Dec 2007
- Location: Littleton, Colorado, United States
- Age: 52
- Posts: 25,634
- Rep Power: 220244
I leave to go shovel a foot of snow . . . and you guys have tanked the market?
Thanks a pantload, boys.*MFC Elder Statesmen Cabinet Crew*
**Distal Bicep Rupture Crew (Feb 2013)** -- recovery log: http://forum.bodybuilding.com/showthread.php?t=151942933
**Extreme Dips Crew** - http://forum.bodybuilding.com/showthread.php?t=136113651
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02-25-2021, 09:50 AM #2854
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02-25-2021, 09:51 AM #2855
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,257
- Rep Power: 34454
btw
when GME exploded January 25th and it continued till Feb 2nd
overall market went to shiit
SPY Jan 25th opened 383
SPY Jan 29th closed 370
SPY Feb 1st closed 376
keep that in mind
what its telling you that these hedge funds that shorted GME
were covering by tanking rest of market shorting other ETF down
don't follow this advice and no go out bye SPY calls or SPY puts
its just theory
market could be tanking also cause yields are rising
VIX is at 27 fyi
from 21 yesterday
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02-25-2021, 09:51 AM #2856
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02-25-2021, 09:51 AM #2857
- Join Date: Dec 2007
- Location: Littleton, Colorado, United States
- Age: 52
- Posts: 25,634
- Rep Power: 220244
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02-25-2021, 09:53 AM #2858
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02-25-2021, 09:54 AM #2859
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02-25-2021, 09:54 AM #2860
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02-25-2021, 09:57 AM #2861
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02-25-2021, 09:59 AM #2862
- Join Date: Dec 2007
- Location: Littleton, Colorado, United States
- Age: 52
- Posts: 25,634
- Rep Power: 220244
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02-25-2021, 09:59 AM #2863
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02-25-2021, 10:01 AM #2864
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02-25-2021, 10:04 AM #2865
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02-25-2021, 10:04 AM #2866
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02-25-2021, 10:10 AM #2867
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02-25-2021, 10:13 AM #2868
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02-25-2021, 10:13 AM #2869
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02-25-2021, 10:17 AM #2870
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02-25-2021, 10:21 AM #2871
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02-25-2021, 10:25 AM #2872
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02-25-2021, 10:26 AM #2873
evidently the cause of all of this is that there was a Gamma Squeeze on GME @ $50
hedgies been shorting ETF's like mad the last few days
now the price is running away, there are big selloffs across the entire market
good time to buy the dip on non meme stocks if people have any funds+++ Positive Crew +++
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02-25-2021, 10:26 AM #2874
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02-25-2021, 10:26 AM #2875
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02-25-2021, 10:29 AM #2876
- Join Date: Dec 2007
- Location: Littleton, Colorado, United States
- Age: 52
- Posts: 25,634
- Rep Power: 220244
Was fine, light powder before the sun came up. But quickly started turning to heavy slush. Sun's out and it's in the upper 30's, so it's melting fast on the roads.
I shoveled the driveway for exercise. But the sidewalk around the house (corner lot) was a job for Briggs & Stratton. Not shoveling that crap for that far.*MFC Elder Statesmen Cabinet Crew*
**Distal Bicep Rupture Crew (Feb 2013)** -- recovery log: http://forum.bodybuilding.com/showthread.php?t=151942933
**Extreme Dips Crew** - http://forum.bodybuilding.com/showthread.php?t=136113651
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02-25-2021, 10:33 AM #2877
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02-25-2021, 10:34 AM #2878
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02-25-2021, 10:36 AM #2879
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02-25-2021, 10:42 AM #2880
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