Uh this could get bad fast if this holds through open. Protect your downside if not already.

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Dogecoin is the way, dogecoin is life. Cashing out my 401k to buy more doge ๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€ TO THE MOOOOOOON

funnylikeuplifting

What are you talking about op

likehelpful

The justification/rationalization of the Reddit short attacks as a โ€œrebellion of retailโ€ is a joke. It is extreme late cycle market manipulative behavior and a symptom of massive amounts of misallocated liquidity. NOT a healthy sign.

Another example of what happens when extreme supply inelasticity (in this instance due to high short interest/low float) meets artificial, value-insensitive demand.

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Oh no, I agree and think the HFs that did that should go broke.

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No - This is good! Corrections are healthy .

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The fed would beg to differ.

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GME and AMC are legitimately my hedges to the rest of my portfolio, I love how insane this year is haha.

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And itโ€™s still January...

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Futures not looking great as of now. Always has a chance to turn tho

likesmart

Meh, if my VOO dropped 50% tomorrow I wouldnโ€™t sell it.

Futures are down more than 1% and the close + AH was pretty negative. Itโ€™s also worrisome that the VIX didnโ€™t fall more during the day - in fact, it rose pretty rapidly the last half hour.

The futures can move a good chunk overnight.

My concern is that thereโ€™s a widespread review of risk, exposures, and leverage among large funds and brokers.

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Selling UVXY puts, buying shares and buying calls may be the way. It might be late to get great returns on calls.

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Buying the dip

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RH seeking another B from backers after tapping a couple 100M from LOC.

No liquidity problem, eh? ๐Ÿ™„

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So I should probably sell all my positions and cash out?

What could be bad

55% cash... put 5% in PSTH. Ackman better get Stripe.

Iโ€™ve got $70k built up in PSTH. I believe in Ack

like

SPY and other indexes are the highest theyโ€™ve EVER been. Iโ€™ve been slowly selling off and am sitting on a nice pile of cash right now. Wouldnโ€™t bother me if we see a dip

I mean, thatโ€™s not a good gauge. The last 10 years theyโ€™ve been near all time highs. I wouldnโ€™t mind a dip either though - I just rolled over my 401k and have about another week until it hits my account.

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