The Grinch Who Crashed Wall Street... Santa Selloff

Overnight said:
It was not a Powell headfake. The markets were fine with it, until this...

https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2021/december-2021

Algos just being algos.
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No it was simple karma.... nine has egg on face for incorrectly insulting me again, lol.

I nailed KOLD. Nailed inverses today again UVXY TZA etc it's magical

1. I make brilliant fucking call
2. Little nine_bendover ridicules it
3. Market proves me right
4. Nineblender looks dumb af

Lather rinse repeat.

#stopthemadness lol
 
Nine_Ender said:
Ok let's see how your DOUBLE BY JAN 31 guarantee is doing so far ( starting figures roughly ) :

UVXY 23.52 --> 17.28, TZA 31.08 --> 27.21
SQQQ 6.91 --> 6.05. SCO 16.30 --> 14.21, KOLD 10.55 --> 12.91

While not impossible it seems unlikely. KOLD you'll need a lot of warm weather in January but at least you've had a nice start on that one.
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Ok, let's do an update on the DOUBLE BY JAN. 31 guarantee :

UVXY 23.52 --> 15.63 TZA 31.08 --> 29.65
SQQQ 6.91 --> 6.44 SCO 16.30 --> 14.46, KOLD 10.55 --> 12.48

So no progress really overall still underwater despite Ken's recent claims he's right about everything. Latest news is Ken upgraded to $20K at this mornings highs, and promises to hold these positions until Jan. 31st. I have a feeling he won't stick to that but at least he's taking a stand. His overall call is the same imminent crash that he forecast April 2020 and pretty much every month since.

So we have two aspects here to track. First, will the double occur. Two, will he carry his $20K positions throughout. Because when he made a plan on KOLD he didn't stick with it at all and the eventual profits were limited despite a huge move in KOLD itself. I'm sure there are short side traders pulling for dear Ken and his leveraged gambles. I'll stick with my call that the majority of these etfs will not double, and some chance they will all close Jan. 31 underwater. I also believe he'll claim he made money no matter what these etfs actually do.
 
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Nine_Ender said:
I also believe he'll claim he made money no matter what these etfs actually do.
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I'm sure he'll broadcast his winning trades. But keep in mind Ken is a trader. Don't expect him to hold on to a losing trade. As a trader it's okay to be wrong as long as your not wrong for long.
 
deaddog said:
I'm sure he'll broadcast his winning trades. But keep in mind Ken is a trader. Don't expect him to hold on to a losing trade. As a trader it's okay to be wrong as long as your not wrong for long.
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I'm reporting what he said without interpretation. As a swing trader, which he likes to dabble in, he does some highly unusual things.
 
deaddog said:
That he does. Hardly ever see a losing trade. Hmmm!:rolleyes:
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I think I've been more then fair with him all year. I think it's important to discuss risk management and risk/return and not just results oriented cheerleading on some limited portion of one's trading. For example, I've mentioned numerous times my struggles with mining stocks in 2021.
 
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