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When I short stocks like VZ, I can relax a little and even if it goes to $63, I can still wait and sell covered puts but if I get greedy and short stocks like GME at $300, in the hope of easily covering it at $200, it might go to $1000 and then drop to $40. Then I will lose my health if left any.

VZ has been in uptrend during last week. Although it is a healthy stock but the uptrend is more because of fear in the stock market and not because of VZ health.

I can tolerate the pain even if it goes to 61. I believe it will drop to 56.5 in two weeks.

Any link to the news? It seems we may see a big pullback on ES on Monday.

Yeah tell me about it. So what happened in the last hour? Any news?

But also above 3910.

ES is at 3933 now. I expect a pullback below 3920 by the close.

If you combine price action of yesterday's AH and today's normal hours you conclude that INTC may be a good short candidate now.

Have your sunglasses and cap on while trading as in playing poker o_O

I want to get married to a devil !!. Yes I am buying TESLA now at $642.

I was WRONG. It closed at 3916.5. I was off by 2.5 points :D

I see CAT going to 200 soon.

My response would be because tech stocks were bloated more than other sectors. Airlines, energy, bank stocks did not have enough meat to get butchered.

It has to do with everything and not only the tech. Higher interest rates will make cost of borrowing higher to the companies and will eat away from their profit. All things said, the situation right now is that market is overbought and needs a reason to sell and take profit. Reason does not...

Yes. Limit my profit (to be realistic) and also to reduce the probable damage.

That is $8.5 million commitment :sneaky:

Also, I am not buying ANYTHING now. Nothing. None.

I expect March ES to close at 3919 by expiry at 9:30AM ET tomorrow. Now it is 3944.

I feel after market dropped a couple of weeks ago and then the rally and then the drop today and then after FED the rally again, it has created a double top that might lead to another near-term correction. At least I am not buying now. Nothing.