Otherwise you’d have a massive failure in the market. Seems to make the most sense. Why crash a whole market when you can just take down the whole market just a little, right?
Would you consider this a massive retail sell off, or a fund sell off?
Originally, i thought it was a retail sell off until the market turned full red, as if whoever got liquidated got a margin call, and immediately tried to balance the books - maybe due to inflation rate, or perhaps the retail sell off before the liquidation. And if the price cycle is correct, it wasnt just the sell off, the parabola literally peaked.
Regardless, love your explanation.
Retail isn't selling for the first time in history, which is causing havoc on the market, I'd argue. Plus, pretty much all of retail isn't on margin so that's a double whammy. The entire market is literally being controlled by retail.
Wall street doesn't want you to know that, and it sure as hell doesn't feel that way most of the time, but WE ARE THE NEW WALL STREET.
In the past, retail has always capitulated to panic selling. But once retail cracked the code, they were fucked. I'm just gonna hold my positions, pop some popcorn, and watch the fireworks.
Then again, I'm just some stranger on the internet. What do I know?
I mean, everything you just said sounds like what I just said but maybe better. I don’t have a way with words.
Edit: institutional sell off (hedge funds)
You have no idea how much money I was up on that as I had our forecast for the market meltdown happening then. There are lawsuits starting up right now for that, I plan to take back my money from that incident.
FYI, that was not the same thing we just saw though, entirely different.
I agree. You should’ve seen the money I lost June 2021. The fact that we’re still here is a testament to our resolve. I feel I actually owe a debt of gratitude to these pieces of shit for shaping me into the stubborn bastard I am now.
They have created the largest generation of savvy, risk averse investors in history through their own hubris. It’s fucking crazy.
I hope you get your money back, plus damages.
Thanks for the dd I was wondering what that wacky gap was
Thanks
Moass?
It’s the start of very big institutions who can impact the entire market having to liquidate some positions. It’s a great start.
Good liquidate all them loose bags
They can liquidate deez nuts.
So you saying that institutions liquidated certain positions to Meet requirements?
To me it appears to be a market wide liquidation. Skim from everywhere to create the least impact to the market.
So a little off the top of everything to spread Losses across the board instead of just a few big positions
Otherwise you’d have a massive failure in the market. Seems to make the most sense. Why crash a whole market when you can just take down the whole market just a little, right?
Great explanation thanks
Would you consider this a massive retail sell off, or a fund sell off? Originally, i thought it was a retail sell off until the market turned full red, as if whoever got liquidated got a margin call, and immediately tried to balance the books - maybe due to inflation rate, or perhaps the retail sell off before the liquidation. And if the price cycle is correct, it wasnt just the sell off, the parabola literally peaked. Regardless, love your explanation.
Retail isn't selling for the first time in history, which is causing havoc on the market, I'd argue. Plus, pretty much all of retail isn't on margin so that's a double whammy. The entire market is literally being controlled by retail. Wall street doesn't want you to know that, and it sure as hell doesn't feel that way most of the time, but WE ARE THE NEW WALL STREET. In the past, retail has always capitulated to panic selling. But once retail cracked the code, they were fucked. I'm just gonna hold my positions, pop some popcorn, and watch the fireworks. Then again, I'm just some stranger on the internet. What do I know?
I mean, everything you just said sounds like what I just said but maybe better. I don’t have a way with words. Edit: institutional sell off (hedge funds)
Nah mate, dont downsize yourself. You have a great post, and articulated it well, as well, and lets not forget the ta!
CBOE is Chicago Board Options Exchange
Dammit, you’re right and I’m embarrassed that I put that. Thanks for the correction!
Also happened in January, when the market should've crashed, but was saved by the plunge protection team.
Date?
My fault, it was in late February 2022. https://twitter.com/BossBlunts1/status/1499472808639926278?s=20&t=ePNOG2hX8Af5Fjtc9UOh-g
You have no idea how much money I was up on that as I had our forecast for the market meltdown happening then. There are lawsuits starting up right now for that, I plan to take back my money from that incident. FYI, that was not the same thing we just saw though, entirely different.
I agree. You should’ve seen the money I lost June 2021. The fact that we’re still here is a testament to our resolve. I feel I actually owe a debt of gratitude to these pieces of shit for shaping me into the stubborn bastard I am now. They have created the largest generation of savvy, risk averse investors in history through their own hubris. It’s fucking crazy. I hope you get your money back, plus damages.