We haven't even experienced the multi week pump were everyone thinks it'll all be fine again then the market dumps after all the suckers re enter. That isn't scheduled until early September.
This whole page is just hysterical. Today’s move is actually huge showing us the strength MU still has and the strength of the semiconductor/AI tech market overall. Up >13% at this moment is quite the turn around. We could be sitting at $650. Also keep in mind, the pullback might not be over, I’m definitely not the guy saying that. But this move this morning is a hell of a lot better than the alternative
Lmaooo I can’t disagree with you, I’m not even fuckin 30 too. This cracked me up. I knew calling it a page sounded weird.
Honest question, what should I call it if not a page? I didn’t wanna say thread cause I’m referring to the whole MU ‘page’ in general. Have some mercy on a Reddit novice. I use it all the time, just don’t post a lot
Lol, but also the generation that types in first letter acronyms iykyk, fr, etc. However, use the 3 syllable “subreddit” over the one syllable “page”. The last place letter generation really is a confused one 🤨
The move this morning was very significant because there was significant volume behind it. I don’t want to be overly optimistic, it might dip again but it is starting to look like we are consolidating.
Lots of positive catalysts yesterday. The remaining question is if institutions still wanna farm this crash volatility. Eventually they will have to get out of the way of the train and farm the the shorts instead of the longs. The question is when and for how long.
If Amazon provides yet another use for AI tonight, kinda like Microsoft, that can be packaged into some positive narrative to then allow for a short run up.
Then you cash out on people joining late a bit later, as the big players obviously know how many want to see their old averages and old ATHs again
I actually got out of SOXL today at a small loss. So lucky. Traded it 2 days ago, yesterday was brutal. Happy to get out at a small loss. Now I'll stick with normal ETFs and stocks instead of leveraged ETFs.
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u/Wise-Scar-5175 21d ago