The stupidity of this market

29 dic 2021

I would look for the markets to kind of hang up top through the week and do the next leg up for the next week or so. SPY in the 490s, QQQ I think could go for 430... at that point, I see it as game over and will be looking for a pretty huge drop to end the month of January. I havent been able to check the order flow on options but will be doing so in the next day or two. Careful shorting right now. Make no mistake about it though, I see a massive drop in the months ahead after this little Ponzi hits its target. The built in price for this week was $7.29 which put the ranges between 463.31 and 477.89 See if we go sideways or we do come down. I expect, sadly, another run up next week. Lets get this garbage over and drop this scam market.