Posted by DigiNomad on 25th of Jun 2024 at 12:22 pm
The immaculate squeeze - it couldn't be more perfect given the
underlying fundamentals and the duration they've managed to pull
off.
I have a small part of one account still in play from last
October that I devoted to riding out the squeeze. In theory, if you
start small enough (I mostly did and right sized quickly once I
realized that it was the squeeze of all squeezes), you can run away
in perpetuity (roll up and out) until you eventually "win."
It requires patience, correct sizing and lots of work with
roll selection, etc. Theory and practice are two different
things though so I wanted to test the theory with real money. I had
know way of knowing that I chose to test what is turning out to be
one of the longest and most perfectly executed squeezes in history.
Anyway, my insight about the squeeze is partly due to
watching it play out in one of my accounts and imagining there must
be many LARGE players still pushing out and up just waiting until
they are eventually right. Just like Burry in "The Big Short"
eventually we'll be right, but it can take years with lots of
gaslighting by all the professionals along the way (remember the
faked bond ratings etc, back in 2007/8? We're getting stuff like
that now again with Gov econ data coming out. Obvious lies but lies
that benefit very powerful people and institutions).
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Pretty much opposite of yesterday
Posted by steve on 25th of Jun 2024 at 12:18 pm
Pretty much opposite of yesterday - weak internals (4x1 down on SPX) while Big Tech rebounds
NVDA's up 5+ % ...
Posted by mla127 on 25th of Jun 2024 at 12:46 pm
NVDA's up 5+ % ... everything else comes second I guess
mla - you'll need to
Posted by steve on 25th of Jun 2024 at 12:49 pm
mla - you'll need to post that standard portfolio once again
What is 2024 .... lol
Posted by mla127 on 25th of Jun 2024 at 12:51 pm
What is 2024 .... lol
The immaculate squeeze - it
Posted by DigiNomad on 25th of Jun 2024 at 12:22 pm
The immaculate squeeze - it couldn't be more perfect given the underlying fundamentals and the duration they've managed to pull off.
I have a small part of one account still in play from last October that I devoted to riding out the squeeze. In theory, if you start small enough (I mostly did and right sized quickly once I realized that it was the squeeze of all squeezes), you can run away in perpetuity (roll up and out) until you eventually "win." It requires patience, correct sizing and lots of work with roll selection, etc. Theory and practice are two different things though so I wanted to test the theory with real money. I had know way of knowing that I chose to test what is turning out to be one of the longest and most perfectly executed squeezes in history. Anyway, my insight about the squeeze is partly due to watching it play out in one of my accounts and imagining there must be many LARGE players still pushing out and up just waiting until they are eventually right. Just like Burry in "The Big Short" eventually we'll be right, but it can take years with lots of gaslighting by all the professionals along the way (remember the faked bond ratings etc, back in 2007/8? We're getting stuff like that now again with Gov econ data coming out. Obvious lies but lies that benefit very powerful people and institutions).