Musical chairs market. Everyone knows

    Posted by DigiNomad on 1st of Aug 2023 at 01:43 pm

    Musical chairs market. Everyone knows it's overbought and overvalued, but you can't short it because market manipulation via derivatives is making it too dangerous. That leaves playing it very carefully with an eye always on an open chair.   The bubbles coming out of this type of environment will dwarf everything we've seen up to this point. Meme stocks make even late 1990's dot com valuations seem reasonable....and now the institutions are porting the strategy over to influence much larger names and indexes.

    Find unreasonable/irrational options activity and follow it. E.g. SPX SEP 4800 calls getting bought heavily today. Not rational but creates a magnet effect. 

    yes Digi - like a

    Posted by matt on 2nd of Aug 2023 at 04:31 pm

    yes Digi - like a game of musical chairs, just make sure you have a chair to sit in when the music stops

    that's also what the KISS systems do, they give you a chair to sit in with their STS stops

    Yep, and the smaller player

    Posted by mschwand on 1st of Aug 2023 at 04:14 pm

    Yep, and the smaller player sentiment I'm hearing is "I'm buying calls until it doesn't work anymore"

    The inverse 2022 perhaps. 

    Well summarized 

    Posted by steve on 1st of Aug 2023 at 02:01 pm

    Well summarized 

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