Long

Updated

$GME - Run next week 28 Feb

Telling you that there's a run next week is a horrifically bad idea both for me and you. By buying GameStop you'll force whoever is selling you that stuff to go short in order to sell you whatever you're buying and that'll cause another one of those nice tumbles down to some dumb price like $14.

So here i am doing that dumb thing, telling you that there's a run next week which will cause the run not to happen because everyone knows now. A market watched never boils over...

Here it is:
imgur.com/a/i9sAE0C

There's the classic dip & wedge up. The market wil run up for 35-45 days with maybe a minor correction in between. The run starts any time within the next 4 days or 15 ish days. I'm betting that it's starting next week although it is also highly likely it will start on the 3'rd or 7'th.

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imgur.com/a/NfOXML6

I should literally be inversing my self, i'm sure others will be doing this right now. That's what you should be doing too.

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Yep here's my buy & the aftermath of probably everyone else joining in.
imgur.com/a/UjD2LJN

Time to average down.

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Checking the data today, still good to go. Looking at a horizon of 1 week (risky), 2 weeks (safe).

I like risk and getting financially ruined, so i'm going with option #1.

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This is it. Do or die. I'm either reading the data wrong and this is a market crash or this is where i was supposed to buy.

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Checking the latest data shows that i'm off by a few days, althought the good news is that this run is definitely happening. These calls i have are obviously screwed, but have a slight chance for doing something on Friday.

The run is gonna be next week, not this one. I was off by a bit... again...

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AMC just cancelled their APE to AMC conversion due to a lawsuit. This removes the 14'th of March event making it possible to actually run on the 23'rd of March and not now.

I'd like to think that the setup is already set for a run early this month and that cancelling such a run due to an "unexpected" lawsuit is hard to do. I'd like to think that there's no cancelling the early run this/next week.

TLDR: Data shows a run this/next week mixed. There's a chance for a run on the 23'rd too.

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XRT has done a thing on the 1m RSI. RSI became overbought during premarket in a weird manner. This allows for the price to rise parabolically without making the RSI overbought when the market opens.

Only seen this a handful of times on a few runs and micro runs. I think today's gonna be a good day.

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Yeah nothing's changed, we're still planned to go parabolic soon.
imgur.com/a/JbMwzor

If i'm calculating it right, i think we really start around todayish and end sometime next week.

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I opened up an IBKR account so i can add more contracts. Got 85 more yesterday for next week, gonna add another 450 ish today.

That's around 1000 contracts. "Look at me, i am the OI now"

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Money still not through. Hoping to call IBKR to allow me to go above the contract limits. Gonna do a $45k yolo here.

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Last one i swear.
Starting today 5 days to $25. That's all she sang. Just $25.

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This is it. This little disconnect from SPY/GME.
GME will catch up tomorrow. Expect FTD's today on the next FTD report.

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Adding 250 more contracts for an expiry & strike i won't mention. All i'll say is that i'll go through PHLX for MM's like Susquehanna and Citadel to handle.

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Added 375 more contracts.
I think this is the last chance to get on.

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I added 175 more contracts a couple of hours ago.
Close to 1000 now, half of it is dying off today though.

The market and ourselves are all going up a lot. The only thing that ruins this is Carl Icahn'(t) coming in with his genitals swinging $30-50mln in 0dte SPY puts.

He won't do it though, there is no window of weakness right now.

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1424 contracts

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1474 contracts

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Gentlemen, i'm happy to say i'm loaded to the tits. 1474 contracts. Will not disclose dates or strikes. This is a big trade for me. They are long calls. That's it.

I routed most through PHLX. I want to see what happens. Last 20 minutes the IV droppped MASSIVELY to the point where i had losses. We had decoupling from SPY. The price is still 1-2 dollars under what it should be and that's where it'll be going within 4 days as a start.

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If we're still a bit low on Monday, i'll be putting a little bit more in.

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Looking good so far. Keep an eye out on HKD in case loop capital decides to use it as a thing, though i think they are clueless about what's about to happen.

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Not worried. We're still fine.
They went hard on IJR/IWM for the cross asset & cross sector exposure in order to keep things from mooning.

SPY, SQQQ, Vix are the things to watch. Theta gang saw a spike and tried to sell that IV, twice. They'll keep trying and will keep getting their faces ripped off.

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Exiting, i see a dump. GET OUT.

Order cancelled

I dumped it all at a big loss. I need to check today's data when it's out in the morning hours to see what happened.

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This is the last time i'm making this stuff public. It seems retail really does affect these. Good luck.

leenixusu

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leenixusu