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Syrmax

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Everything posted by Syrmax

  1. 5, 6 days of watching As The Model Turns soap opera incoming. If its going to miss, I hope it fails early so I can turn the game off...
  2. @BuffaloWeather (and anyone else) here's An interesting youtube video on Bitcoin if you have 30 minutes to kill, from somebody who i have followed for years. Raoul Pal veered off the conventional high finance world for the most part and is now concentrating on Bitcoin. He got me interested in getting into Etherium and Bitcoin last year. It's an interesting perspective on the future of finance and money...recorded last October so relatively recent. Very easy listen, more a macro case for BTC.
  3. It's more complex than that I suspect. But what you state, broadly, is the current conventional wisdom that has been fueling the "reflation" trade. And its largely predicated on the idea that the covid tunnel will be ending soon. And that's probably too optimistic. I could be wrong but the key i-m watching is the USD reversing higher with an increase in 2s&10s bond yields. More immediately, there is a slew of market technical indicators starting to flash real warning signs. One example is that the Put/Call ratio is at historic lows in an overheated market. Don't know when this happens but I suspect February will be rough (its seasonality sucks also), so I am beginning to take profits and keep my trade durations on a tight leash. In fact, the best thing working is day trading large short squeezes. Noone's ever seen this magnitude and raw number of them. Which is another indication somethings really getting whacky. Also, by Feb the big cap earnings reports will be done with...leaving the smaller end of the market remaining to roll out to probably disappointing results as that's where the covid recession is happening. Coupled with Buyer exhaustion and possible Fed jawboning...could be catalysts for a correction. Sideways correction would be good but conditions are too extreme for that so i suspect a fast violent move is more likely. Followed by more stimulus and Fed action to pump markets back up again. That's my thinking anyway.
  4. Now that is the King of Clowns! Ridiculous that a model can be THIS wrong less than a week out.
  5. I snowblowed and I could tell it was heavier than standard lake effect. Not "wet" but not lake fluff... So 10 or 11 :1 makes sense to me.
  6. I just measured and melted it. 4.5" snow and 0.43" liquid. So that's right about 10:1.
  7. This is very akin to 1998/99, in terms of an irrational Bubble. We are very near the top i suspect. This whole Gamestop episode (and others like it that have been going on recently) make me think this is going to unwind violently sooner than later. We may be calling this the Gamestop Top. Watch the Fed statement tomorrow. They may try to play with language to scare the markets a bit. Even though their policy have a hand in this bubble, they have to be looking for ways to vent some pressure here.
  8. Yeah, pretty unbelievable. Seems to be a trend in the models this year. Much moreso than most years. I'm used to the GFS always being to far S&E with storm tracks but they all sewm to have the same issue this season. No idea if there is a common denominator here.
  9. Enter the Vortex...GME up 27% already in After Hours trading. Just incredible how Planet of the Apes are working this thing over. Update: just printed $240.
  10. I hate to mention this, well not really, but reports of the snowfall's demise are somewhat exaggerated...SN- hanging on here and radar starting to fill in to the west. Wolfie and LES might be in a great spot to harvest a few more inches this evening. I might be on the southern fringes as KBGM map from this a.m. indicated.
  11. Gamestop Explodes Higher As Stock Is Now Trapped In Gamma Vortex This is the greatest thing I've seen in a while. CNBC Buffoons all aghast. Can't wait till tomorrow as my cash trading account has a lot of money settling. Gonna be tempting to join the festivities....and there are many other targets to short squeeze. It's almost a daily ATM at this point.
  12. Here is why the Hedgies are getting blown the f*ck up.
  13. I wouldn't. I'd sell if I'm in and up 50% but not short. Unlimited loss potential shorting. Esp in GME right now. Eventually the thrill will wear off and it-ll become a safer short.
  14. Shorting is basically a strategy that bets a stock (or bond) or commodity will drop in price. Its the opposite approach to buying a stock and hoping it goes up in price. Read THIS
  15. Just measured...4.0" on the nose. Finely grained snow falling now in the slot at 24F. We'll have to see if the back end rotates or translates through for anything more. I think we'll bag another 1-2" later this eve. Now, back to watching Gen Zoomers on WallStreetBets pump Gamestop to the moon and crush another Hedge fund... $143 and rising.
  16. Look where the slp is, just about over Dunkirk NY...
  17. Yeah I'm going to measure when this batch pushes through but I'd guess the 4-6" forecast looks good here.
  18. This 2nd batch of snow may not last much longer but definately overachieved. SN+
  19. Brief period of SN- has restarted as the mini slug of moisture works NE. Won't last long but might get me to 3" for the front end.
  20. Chamath is in. Now we have a Billionaire joining the Robinhood Reddit tards pumping this thing up. LOOOL. I have zero free cash in my trading account or I'd pile in for a quick trade.
  21. Post of the day so far from Wallstreetbets GME forum: "Got gf tossing my salad as we are breaking this wall boys"
  22. Not sure what's more entertaining, the SN+ or watching the action in Gamestop today over on the WallStreetBets Reddit forum. Back up to $100. Oh the humanity!
  23. SN+ currently. Most models show a protracted period of lighter snow thru late this evening. If that materializes we should be fine for 4-6" in the end.
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