Nasdaq broke below the 200 day ( big trouble )

Futures looking rough. Largest decline I've witnessed so far. I don't watch it much but I have never seen it below 0.30% on the ES1.
 
Last edited:
Fuck, I am getting very frightened guys. More carnage to come? I bought a ton of TQQQs not far from the top LOL. Fucking bad life decisions, tell me about them LOL.....
 
Leveraged ETF on the Qs Overnight. 3x. Regular (bull), not bear. Soooo wish it had been bear LOL.

Hrmmm. Well, I have no experience on the leveraged ETFs, was something I was pondering a couple weeks ago.

As long as you have only a small amount of your monies in it, I suppose you will be ok.

As for carnage to come? Oh sure. We have the Fed meeting in two weeks where they will reiterate the rate hike, and then the March meeting where they will actually hike it. *shrugs*

(But between you and me? *sniffs* Do you smell that? Smells like oversold.)
 
I dont think we are seeing any panic or even margin calls yet. That is around the corner.
I think its a combo of inflation fears/ rates hikes and what hasnt been talked about all that much, a slowing economy.
 
That's not a free market, though. She's at the top and the "unfair edge" is how all oligarchs make profits. She wouldn't like truly free and fair competition.
Truly free and fair competition? Where, where? Haven't seen this ever and I'm not young!
 
Back
Top