Lions... How To Play This Bounce.
From Greg M
Lions…
Todays’ SURGE in regional banks off of the rumor of a Fed. lifeline is being further fueled by MASSIVE short covering.
What this means, IMO, is it will not last.
On the back of this and AAPL, stocks are rebounding strongly..
Here I am looking for opportunities to build my new SPY short position which I entered yesterday, and I already added aggressively to the position this morning.
GM
Lions and Friends... It is fully satisfactory to come here and read how we all did the same before Greg posted his comment. It means that we all learning and already know what to do before they do it. For the first time in many years since I started listening to Greg, I never felt so confident to play a trade like today when I saw this bounce. I did profit big yesterday when i closed 410 position Will pass it and will purchase some books to my kids as a way to donate some of the profits. Will PayPal Greg as well.
It's kinda fishy that ETH gas fees are at 237 Gwei. 🤔
https://docs.google.com/document/d/1ZgNbN-9Tgd8-uiMAjXhfBePxlQPe-h05JG-vZI4nbhg/edit?usp=drivesdk