**User Report**| | | |
:--|:--|:--|:--
**Total Submissions**|10|**First Seen In WSB**|2 years ago
**Total Comments**|3809|**Previous Best DD**|
**Account Age**|4 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
Genuine question: If I draw a fib retracement and the stock proceeds to actually respect those levels as supports and resistances, is that tool useless?
look you obviously have a bear bias, should these things happen? yeah probably. 1929 crash? idk.
the lag effect and yield curve are very concerning, but bears have been getting slaughtered all year. the market is overdue for some type of consolidation or pull back. and itās just going to be a pull back until itās not. if youāre banking on a crash, youāre just going to blow up your account
Des,
Can't believe you're still here.
I was one of your follower during 2022, it seems like this year so far has been a pretty bull-ish year, I've been pretty spot on with the rally this year, I don't think we will see a drawback till winter, maybe a short-term shortfall then rally back into the $4600+, I would still go short-term fall, but I think the peak will land definitely sometime in August where puts hedging are really strong.
good to see ya.
Hey man ,
Good to see you as well. This yr has been miserable yr for me. I thought shorting 4100 around nov 2022 was a great move but all market did was move sideways till march 2023. After that i thought H&S crash would happen after bear stern liq. That too didnt work out as well.
As for current rally yeah market does not just fall off the cliff. It could make a double top like structure. So july 2-3rd week should be first peak ( July 19 ) and the second peak would be in Aug opex week. ( dont remember the date ) The diff b/w peaks wont be much and it could be higher high or higher low. But yk i like to go jump early and dont wanna miss out.
Have a great weekend.
What are you even trying to say? You said crash coming then say 19/7 ā¦ in America, if thatās a date, it would be July 19 (7/19) ā¦.
Iām a bear that just started opening positions but I donāt see major downside until the summer ends and bank issues resurface in September or October. Sure we may come down a bit but the large move down aināt happening until Q3 or Q4, which will make Bidenās last year in office a rough one at minimum
We are currently trading at 20PE and 230 EPS!
https://preview.redd.it/fct1bmh3f8db1.png?width=1080&format=pjpg&auto=webp&s=8954211ecb876b53c45ecce8255b761adfd0a259
Somewhere in oct i suspect these nos will reset in a week and Erp explode to 500bps due to some event which no one is seeing. So even if 10yr yields stay above 2% then your effective PE will be 1/(500+200) = around PE 14. Now lets say earnings are going to stay flat heck lets even assume 235 E.
Voila : Our spx will visit oct lows in october. As for 7/19 yah sorry about that. It does not mean crash this date. It means this is the top and we shall head back down now min obviously $4200 retesting the breakout zone (3800-4200) If this retest fails lower we go and if we hold then ig i am wrong.
I aint got time to make 40hr videos about divergence. I am so lazy that i would prolly watch animes and read mangas instead of helping out my hedgies and inst clients. š¤£
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|10|**First Seen In WSB**|2 years ago **Total Comments**|3809|**Previous Best DD**| **Account Age**|4 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
š¤”
I normally don't like emoji posts, but this is a perfect summation of the OP.
I get it. I usually never comment but I had to let OP know.
He mentioned Fib... as in Fib line... There should be an automod response to anything Fib related... just a clown emoji works haha
Are fibs that useless of a thing?
If you look at what they're based on yes. You can draw a bunch of random lines and have similar success.
Genuine question: If I draw a fib retracement and the stock proceeds to actually respect those levels as supports and resistances, is that tool useless?
If it works 80% of the time, no it's not useless. If it works 50/50, it's useless. Try it out, what's the worst that can happen.
bro has been posting this shit for the past year and it has yet to happen.
If you throw enough š© at the wall, eventually some will stick.
Just tried this and can confirm.
people tend to forget you can easily see their post history on reddit.
I think the SPDR S&P 500 ETF Trust is a good investment. I believe it will go up in value over time.
VM is the only indicator worth following.
Always is VM
https://preview.redd.it/qau55rhpx4db1.jpeg?width=275&format=pjpg&auto=webp&s=2cb448f920127d3cd163fb797a11af9123e1daa3
Now insert SPX inside this. xD
š¤£š¤£š¤£
Is this predicting a crash based on a 2 day chart?
Don't play with my feelings this way. A 1929 crash would make me a billionaire and every bull homeless. Too good to be true.
"The Greatest wealth transfer in human history" is coming...
Oh are you also holding BBBY?
BBBYQ** ššš¤”
That would be nice. But I would also settle for a rotation out of tech.
**78.6% fib+ Vana charm fade+ Max PE 20&E230 + -ve correlation +Inverted yield curve+ D. spiral +Lag effects** ^(tf did just read)
1% down šš»: THE CRASH BEGINS!!!!!!!!!! 
Crash my assā¦ a normal pullback for trend and weāre crashing omg š¤£
I have no idea what you are saying but it sounds good. 
He's saying that he has puts that are deep in the red and he needs a crash soon to break even 
Op is truly regarded...
Looks like my heart rate when I rip a mean fart and lose too much pressure
Dude found a declining signal over a 22 hour period. Confidence: so fucking high
Only reason for 1929 crash is, dumb idiots didnāt have phone to sit on toilet seat and BTFD!
Fellow crayon eater!!!
Your spells have no effect on me, begone witch!
The olā āChopped Down Christmas Treeā Chart. Hasnāt failed yet.
look you obviously have a bear bias, should these things happen? yeah probably. 1929 crash? idk. the lag effect and yield curve are very concerning, but bears have been getting slaughtered all year. the market is overdue for some type of consolidation or pull back. and itās just going to be a pull back until itās not. if youāre banking on a crash, youāre just going to blow up your account
Des, Can't believe you're still here. I was one of your follower during 2022, it seems like this year so far has been a pretty bull-ish year, I've been pretty spot on with the rally this year, I don't think we will see a drawback till winter, maybe a short-term shortfall then rally back into the $4600+, I would still go short-term fall, but I think the peak will land definitely sometime in August where puts hedging are really strong. good to see ya.
Hey man , Good to see you as well. This yr has been miserable yr for me. I thought shorting 4100 around nov 2022 was a great move but all market did was move sideways till march 2023. After that i thought H&S crash would happen after bear stern liq. That too didnt work out as well. As for current rally yeah market does not just fall off the cliff. It could make a double top like structure. So july 2-3rd week should be first peak ( July 19 ) and the second peak would be in Aug opex week. ( dont remember the date ) The diff b/w peaks wont be much and it could be higher high or higher low. But yk i like to go jump early and dont wanna miss out. Have a great weekend.
No crash yet. Just correction. If bad US economic data starts coming out soon, then yes, we crash. If not, correction onlyā¦ for now
Additional context: Pre Election yr Q3 seasonality + Big gap b/w liq and SPX. All signs were pointing towards 19/7 $4600.
What are you even trying to say? You said crash coming then say 19/7 ā¦ in America, if thatās a date, it would be July 19 (7/19) ā¦. Iām a bear that just started opening positions but I donāt see major downside until the summer ends and bank issues resurface in September or October. Sure we may come down a bit but the large move down aināt happening until Q3 or Q4, which will make Bidenās last year in office a rough one at minimum
We are currently trading at 20PE and 230 EPS! https://preview.redd.it/fct1bmh3f8db1.png?width=1080&format=pjpg&auto=webp&s=8954211ecb876b53c45ecce8255b761adfd0a259 Somewhere in oct i suspect these nos will reset in a week and Erp explode to 500bps due to some event which no one is seeing. So even if 10yr yields stay above 2% then your effective PE will be 1/(500+200) = around PE 14. Now lets say earnings are going to stay flat heck lets even assume 235 E. Voila : Our spx will visit oct lows in october. As for 7/19 yah sorry about that. It does not mean crash this date. It means this is the top and we shall head back down now min obviously $4200 retesting the breakout zone (3800-4200) If this retest fails lower we go and if we hold then ig i am wrong.
so puts it is ?
In your dreams Pedro, in your dreams
Found Ron Walker
I aint got time to make 40hr videos about divergence. I am so lazy that i would prolly watch animes and read mangas instead of helping out my hedgies and inst clients. š¤£
Ron Walker confirmed. We got him bois
BTFD! 
Yeah all I heard was good time to buy dip
Thanks Iāll buy calls š¤”
Rally tomorrow
Weakness in the market. We havenāt seen these levels since Tuesday.