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Reformed Tr🅰️der
@Reformed_Trader
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#DayTrader #SwingTrader NOT a financial advisor. Do not buy or sell based off my tweets. I may be buying, selling, or holding any stock mentioned. Hebrews 13:5
Joined January 2018
@CytoplasmicANA Forgot about that! I would only add that I believe they will also be the fastest growing company.
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We’re talking macro. This isn’t a 0dte call. Also the original post said “topping signal.” Tops are a process, not an event. A market top takes months to play out. My prediction is we’ve started that process that will go all the way into the summer, and that is when I expect the markdown to officially begin. By Q3 it should be obvious. Till then, X will be littered with back and forth from bulls and bears about immediate direction.
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Respectfully, that’s simply a fancy way to say “it’s different this time.” You don’t think your statement applied during the nifty-fifty and dot com boom? Yeah it’s true to an extent, but it doesn’t stop macro trends from breaking down. One could make the argument that the dot com boom should have given the most access to investing. And it did. But that didn’t avert the bubble popping.
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@DntTaxes What other post? And I agree. It’s very basic. Sentiment is measured by investor activity. Not people on X paper trading or day trading four/five-figure Robinhood accounts.
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@DntTaxes Sentiment is so fearful that investors panic bought the latest NVDA dip. All this talk (not only from you) about everyone being fearful is simply untenable when looking at latest positioning.
Investors bought the recent Nvidia $NVDA dip to the tune of more than $560 million, an all-time high
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@KevinLMak @spacanpanman Agree with your overall analysis of this week’s move. I would say from a volume analysis perspective that the move and volume most similarly aligns with August
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@cyberprince_rwo @MWM76 What percent of your portfolio is dedicated to a short position in ASTS?
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