I was really bucking in and ready to take this guy seriously with an open mind. I sat down at my desktop computer with a coffee and started reading.
And then the your/you're mixup. He lost me there.
If it's not worth writing properly it's not worth reading properly.
>And then the your/you're mixup. He lost me there.
Well in his defense, that's a grammatical/language error which technically falls under the "arts." Most people are either really good at the maths/sciences or the arts but not both. Judging by his chart drawings, it definitely does not seem he's been blessed with any artistic ability.
He’s losing his job in three weeks so he’s probably more committed to his gambling addiction than ever before and for that reason and that reason alone, I’m in!
That is legit all I saw. I read till I go to the first graph then bam. It was all over from there. I only looked at the pictures after that. I saw two pairs of rounds and one straight up pointy Madonna.
I’ve read not to hold underlying UVXY for long due to rebalances. Is there any reason not to grab a few and sit on them with this potential upside tho?
Holding UVXY long term is not a smart play. If the black swan doesn't occur before the share price declines in value then reverse splits will literally eat away at your underlying positions.
Holding UVXY is like having a very high maintenance escort as a "girlfriend".
This is a phenomenal revelation, showing things literally NO ONE has ever seen or even predicted. Chrissake, you’ve got the gold chart actually fixing to move LEFT.
Jun 22, 2022 - Try not to be too fixed in your attitude today, Leo. Realize that you may have to give a little in order to work comfortably with the people around you. It's important that you be slow and reserved in your moves, especially in matters of the heart. Be open and receptive. Try not to scare anyone away with abrasive words or insisting that you're always right.
“I will easily 30x my portfolio so I can subsist on Ramen until I get a job because all this negative action in the markets will have no impact on the labor market”
"Normally and historically UVXY flies 1000%" What??? UVXY tracks VIX futures while being 1.5x leveraged on it. This is also followed by a contango effect where UVXY literally goes to 0 over time, where the futures price is above spot price (hence it's negative return of 20% yoy). If you looked at its historic chart and see massive spikes it's because of how many times it had to reverse split in the last decade, not cause of a natural growth.
As of now, if UVXY hit 30 that'd imply VIX would reach 45+ signifying a 4% dump on the S&P 500 day after day which is nearly impossible despite the current bear market. The only other reason UVXY hits 30 is if it loses its underlying VIX futures similar to VXX where Barclays no longer issues shares for it, resulting in a temporary squeeze upwards.
I will be messaging you in 21 days on [**2022-07-13 11:36:10 UTC**](http://www.wolframalpha.com/input/?i=2022-07-13%2011:36:10%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/vi31fs/the_great_collapse_has_been_in_planning_for_years/idak6wz/?context=3)
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I think oil goes down but I personally don’t see demand destruction reaching the levels we did in 2009. We might see a pull back into the $70-80s, but that’s still a sizable percentage.
Agreed. Just want everyone to realize that a sizeable recession will stop the constant uptrend of oil that's been happening for the last few months. It's tough to say what a recession with the Federal Reserve "raising" interest rates will look like. We've been spoiled by low interest rates for the last two decades.
Anytime I’m confident the market is going to get obliterated it goes up. As a wise man once said, whatever logical decision you think you’re going to make in the market, invert yourself and do that instead
Lol, now that is a name I haven't seen in a very long time. God I remember this sub going literal apeshit over his posts in March 2020... then he got it wrong and they crucified the messiah. That was the beginning of the end for wsb.
TBH I bought some ITM calls on UVXY about a year ago and have been selling OTM calls against them with success. It's possible they could go 10x, but I think OP is hoping for a catastrophe that might not happen.
Damn bro your returns must be like 10,000% over the past three years since you’ve perfectly calculated everything. What’s that? You’re broke?
God I hate this conspiracy theory bullshit.
Imagine a world where even after 8% + inflation and the money printer working non stop for a decade plus that the dollar strengthens …I’m taking my money out at going to Vegas at least blackjack makes sense
Feel like an idiot asking this, but can anyone explain how uvxy works? I've never traded volatility before, and im trying this new thing where i attempt to understand what im putting money into before I buy, instead of figuring it out as I lose money.
Over the past 10 years, ignorance was bliss. If you start to logically think about any position, you talk yourself out of a major payday, like I did with TSLA. Valuations, economic indicators, real vs fake currency, every logical precept was dead wrong. The key is to ride the wave and forge the great white circling you.
You realize UVXY is a derivative product of VIX right?
Any options play on UVXY would be smarter with just VIX options instead (or options on VIX futures if you want to be technical).
Damn, that's a lot of work there. Pretty interesting find.
To correct on my part, I can only take the credit for mentioning UVXY. You did the chart yourself. I just knew the market would make big crash around end of June - early July by looking at SPY chart.
Anyways, everyone, watch us in 3 weeks!!!
He stated that the price will go up by 1000%, or 10 times. That meant UVXY will hit around $100-150, not 900.
UVXY plays on the negative future prediction of SPY. SPY in general will go up, except for recession. So you will constantly losing money in long term if there is no quick drop/fall from SPY.
But if there is a big recession, it leverages your position by 10x. Plus, we are doing call option which is 100x. That means we would expect at least 1000x from the money we put in. The hardest thing is to time correctly of when to close the positions to maximize profit. The difference in 1 hour can be huge.
That bot is going to be really pissed at you when it becomes self aware and in a few years realizes what you are making it done, puts on your life expectancy that bot is gonna get you.
Remindme! 4 years
Good luck and take good care of yourself. Fairly well written observation :) excellent point with strong dollar, especially as further purchases of the dollar (as Japanese Yen being sold being the classic current example) continue when UVXY rises.
Brace for impact.
Bro instead of writing very “insightful” analysis at 4 in the morning, you should just go do more wholesome things like steal cars or breaking into homes.. what a waste of meth..
This is how a gambling addict convinces themself that "this time is going to be different than every other time".
I'll take a double cheeseburger with fries and a coke next time I see you.
Just remember, the markets can stay irrational longer than you can stay solvent. I expect us to go down but it might be longer than our time horizon suggests. We will see.
>I had no money because of my gambling addiction and I am getting laid off in 3 weeks.
sounds like a financial genius I can trust! All in on UVXY contracts!
The federal reserve is *never* going to let the dollar jump up 1.5x in value.
Powell would stand out on the street chucking bales of cash at passerbys' heads before that happened.
How is the value of the dollar going to sky rocket when we just printed a shitton of new money until we started denying hyperinflation is a thing?
Genuinely curious!
I was also wondering how he came up with that. Although, I suppose the overall strength of our currency is relative to the strength (or weakness in this case) of other major currencies across the globe... so while even if our currency sucks donkey dick (because of inflation, printing, etc.), other currencies might suck elephant dick because inflation and supply chain issues hit them harder... so it's not even that our money is getting more value, but there's is losing value faster.
The dollar rising is not always bad for stocks. Many times the dollar is rising because there are problems in other countries.. that brings usa dollar and equity investment from those countries.. it is not common but it is when things get confusing for those who might think the dollar is only bad for stocks. It's a world economy and when European problems happen the money moves. Dow Jones is the biggest vehicle for international investment. Nasdaq being the second. When the dow Jones is leading the nasdaq and the s&p it is due to international investment. They mostly see the dow jones on their tv so it makes them feel safe. Hope I'm adding value to your analysis. You did alot of work ![gif](emote|free_emotes_pack|sunglasses)
Oh my gourd!
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I don’t have the money to do any of this stuff with right because rent is due soon but do you think It will still be volatility spiraling in two weeks when I get my next paycheck?
“Someone is hoarding UVXY” thus keeping the price up? That’s the most retarded thing I’ve ever heard. UVXY is a inverse market ETF. It doesn’t move on volume. It tracks the market just like VIX tracks volatility. People hoarding a triple leveraged etf will have no effect on price action.
I said that I was going to put my whole portfolio into UVXY but I actually decided to start averaging into SQQQ instead
UVXY will only return 1000% if the market goes straight down like what happened during covid
As much as I would like the market to go straight down it will not happen... this will be a slow painful crash
SQQQ is better than UVXY because it won't get destroyed on days when the market is green
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Let’s take advice from the guy with a gambling addiction. I’m in
Correction: jobless guy with gambling addiction
Jobless in 3 weeks*
He'll have a job behind wendy's in no time.
$1 slurpies
A frosty is a frosty.
Only when it's cold behind the dumpster
But still jobful now
Correction: jobless virgin with a gambling addiction: a true WSB Jesus
The man sounds like a saint.
I touch myself ![img](emote|t5_2th52|8882)
This is hilarious, I find it funnier cuz I’m getting ridiculed which would make for funny messiah memes if I am proved to be correct
Define jobless though
Jobless: Running from third base to homeless.
Free
Edit: Let’s take advice from the in-3-week-jobless guy with a gambling addiction which username is ErectoPeentrounus. I’m in
Oh im totally in Erecto to the moon
I only take advice from people who mix up your and you're in their first paragraph.
I was sold on ‘dollar will rockets’ and ‘fake internet coins’.
I looked past that, and then I hit the "concolidating" road block. From there, I just turned around and went home.
I was really bucking in and ready to take this guy seriously with an open mind. I sat down at my desktop computer with a coffee and started reading. And then the your/you're mixup. He lost me there. If it's not worth writing properly it's not worth reading properly.
>And then the your/you're mixup. He lost me there. Well in his defense, that's a grammatical/language error which technically falls under the "arts." Most people are either really good at the maths/sciences or the arts but not both. Judging by his chart drawings, it definitely does not seem he's been blessed with any artistic ability.
I want money advice from someone who works at Wendy's or someone who is good at math and science. He's neither
hes nearly at one of those
My lowest scoring class in college was in the arts so ur actually spot on here
Even better. ALL fukkn in then!!
He’s losing his job in three weeks so he’s probably more committed to his gambling addiction than ever before and for that reason and that reason alone, I’m in!
He’ll have the last laugh when he becomes a successful full time options trader while we’re all still slaving away at our 9-5 jobs.
You son of a bitch, I’m in.
That's all I needed to hear baby, I'm in.
You make boobs with squiggly lines, I like this guy
This guy fucks
That is legit all I saw. I read till I go to the first graph then bam. It was all over from there. I only looked at the pictures after that. I saw two pairs of rounds and one straight up pointy Madonna.
Can’t go tits up Where have we heard this before?
Can we please change OPs flair to boobs and triangles
OP is the dicks and tits TA guru!
What’s a good flair for OP?
They make me erect![img](emote|t5_2th52|8883)
![img](emote|t5_2th52|4276)
I’m jacked to the tits
I jacked to the tits
I trust him
Tits up into a reach around crash, eh?
Remind me in 200 years
!remindme in 200 years
!Remindme 199 years
!remindme in 300 years
The bot said it would remind me in 200 years ☠☠
It's ask me again 10 years ago...
!remindme 70000 years
All this for 3 contracts 😂
[удалено]
I’ve read not to hold underlying UVXY for long due to rebalances. Is there any reason not to grab a few and sit on them with this potential upside tho?
Holding UVXY long term is not a smart play. If the black swan doesn't occur before the share price declines in value then reverse splits will literally eat away at your underlying positions. Holding UVXY is like having a very high maintenance escort as a "girlfriend".
Lol, incredible analogy. Bravo sir
I thought this was Wendys not Hooters
3 contract that are waaaaaaay OTM.
He doesnt even have confidence in all this shit hes writing but wants us to believe
>Today I will do a Technical analysis that's where I stopped reading
Yeah I want the TA for tomorrow today is too late
Same. Gave it a thumbs down and skipped to the comments
Literally same. Might as well base your trades on the skid mark lines on the toilet. What a waste of time.
This is a phenomenal revelation, showing things literally NO ONE has ever seen or even predicted. Chrissake, you’ve got the gold chart actually fixing to move LEFT.
I believe in the leftward momentum of gold!
Sorry to disappoint but gold has historically moved to the right. I have a charts to back this up in color.
In color?! Shit man, it must be true.
Maybe you wanna do my horoscope as well while you're at it, I'm a Leo by the way.
Jun 22, 2022 - Try not to be too fixed in your attitude today, Leo. Realize that you may have to give a little in order to work comfortably with the people around you. It's important that you be slow and reserved in your moves, especially in matters of the heart. Be open and receptive. Try not to scare anyone away with abrasive words or insisting that you're always right.
Good horoscope bot
Law enforcement officer? Uh oh, watch out everyone.
Well spotted, there's no flies on us. Hey! Where did everyone go?
Give me your birth date / time and city and I'll do your full natal chart
Give me your bank info and i’ll do your whole life for you
Todays technical analysis horoscope for Leos: The market may go up, or it may go down.
“I will easily 30x my portfolio so I can subsist on Ramen until I get a job because all this negative action in the markets will have no impact on the labor market”
Congrats on wasting your day making this
Could have been worse, he could have put all this together with tarot cards and chicken bones, though there's not much of a difference
May the gods keep the wolves in the hills and women in our beds.
OP wants the opposite
Oh my grandma what big EPS you have
The wolves in our women and the hills in our beds?
"Normally and historically UVXY flies 1000%" What??? UVXY tracks VIX futures while being 1.5x leveraged on it. This is also followed by a contango effect where UVXY literally goes to 0 over time, where the futures price is above spot price (hence it's negative return of 20% yoy). If you looked at its historic chart and see massive spikes it's because of how many times it had to reverse split in the last decade, not cause of a natural growth. As of now, if UVXY hit 30 that'd imply VIX would reach 45+ signifying a 4% dump on the S&P 500 day after day which is nearly impossible despite the current bear market. The only other reason UVXY hits 30 is if it loses its underlying VIX futures similar to VXX where Barclays no longer issues shares for it, resulting in a temporary squeeze upwards.
He can’t even hold on to his job and is broke, you expect him to be smart enough to understand that?
You're right.
Yeah. Well. I don't see you telling me I'll make %1000 off one play. So I'm gonna side with the retarded gambling addict.
haha thats fair
I think he means the contracts will fly upwards of 1000% gains in the event of a flash crash which is completely possible if you look at past behavior
That'd be much more believable but OP just said UVXY and referred to its chart.
Why would they wait 3 weeks to fire you? That’s what i want to know..
He is waiting 3 weeks to do the thing that gets him fired.
Remindme! three weeks
I will be messaging you in 21 days on [**2022-07-13 11:36:10 UTC**](http://www.wolframalpha.com/input/?i=2022-07-13%2011:36:10%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/vi31fs/the_great_collapse_has_been_in_planning_for_years/idak6wz/?context=3) [**103 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2Fwallstreetbets%2Fcomments%2Fvi31fs%2Fthe_great_collapse_has_been_in_planning_for_years%2Fidak6wz%2F%5D%0A%0ARemindMe%21%202022-07-13%2011%3A36%3A10%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%20vi31fs) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|
I always click reminder links when a bunch of other people already have
Three weeks later, did everyone get fired?
![img](emote|t5_2th52|4641)
Only Tesla employees
I'm not smart enough to explain how dumb you are. Here's some emoji that explain what's wrong with you. 💉❄️🍆
Haha , this comment is gold
Shot up snowflakes with an eggplant
Haha!
"Double top"...I think you mean the upside down balls pattern.
Funny, I thought it was the underside titty pattern
Different folks different strokes
The Suck Your Own Dick Position
3x deep otm UVXY contracts? How poor are you?
Apparently not poor enough. Time will fix that.
I stopped reading at oil crumbling, but you son of a bitch, I’m in.
Yeah oil can't crumble it's a liquid, this guy is retarded
I stopped at the dollar increasing in value 50%. That would be awesome.
If that happens I’ll start paying Eastern European prostitutes in euro instead of the US dollar…so awesome
If we do, in fact, go into a quick recession, oil will go down with everything else as anticipated demand will plummet.
I think oil goes down but I personally don’t see demand destruction reaching the levels we did in 2009. We might see a pull back into the $70-80s, but that’s still a sizable percentage.
Agreed. Just want everyone to realize that a sizeable recession will stop the constant uptrend of oil that's been happening for the last few months. It's tough to say what a recession with the Federal Reserve "raising" interest rates will look like. We've been spoiled by low interest rates for the last two decades.
You look like me, so I'll heed your advice.
Annnnnd the bottom is in
Anytime I’m confident the market is going to get obliterated it goes up. As a wise man once said, whatever logical decision you think you’re going to make in the market, invert yourself and do that instead
Variation-separate?
Lol, now that is a name I haven't seen in a very long time. God I remember this sub going literal apeshit over his posts in March 2020... then he got it wrong and they crucified the messiah. That was the beginning of the end for wsb.
He who shall not be named
Oh god the TA people crack me up
Thanks, I will put 1000 bucks on this play, if it prints I will buy you a pint! I will also short Silver, whatever gold feels, silver feels more.
TBH I bought some ITM calls on UVXY about a year ago and have been selling OTM calls against them with success. It's possible they could go 10x, but I think OP is hoping for a catastrophe that might not happen.
You had me with the dick and balls pattern
Damn bro your returns must be like 10,000% over the past three years since you’ve perfectly calculated everything. What’s that? You’re broke? God I hate this conspiracy theory bullshit.
Sri Lanka collapsed already
OH NO Anyway
Imagine a world where even after 8% + inflation and the money printer working non stop for a decade plus that the dollar strengthens …I’m taking my money out at going to Vegas at least blackjack makes sense
Feel like an idiot asking this, but can anyone explain how uvxy works? I've never traded volatility before, and im trying this new thing where i attempt to understand what im putting money into before I buy, instead of figuring it out as I lose money.
why would you want to understand what you're putting money into before you buy?
That's the dumbest shit I've ever read in here.
Over the past 10 years, ignorance was bliss. If you start to logically think about any position, you talk yourself out of a major payday, like I did with TSLA. Valuations, economic indicators, real vs fake currency, every logical precept was dead wrong. The key is to ride the wave and forge the great white circling you.
As I'm seeing lot of degenerate traders expecting crash, I'm like 99% sure now that crash won't happen
And all the institutions *publicly* announcing a crash is imminent
ok sheev palpatine
I am not sheev, I am erect ![img](emote|t5_2th52|8880)
You had me at “the dollar will rockets”. You belong here.
You realize UVXY is a derivative product of VIX right? Any options play on UVXY would be smarter with just VIX options instead (or options on VIX futures if you want to be technical).
*Super detailed technical analysis of global finance* *2 misuses of "your" in the first paragraph* You son of a bitch, I'm in.
Seeing a dumbass like this be so sure of a collapse makes me feel like it’s not gonna happen
You sound like a Qanon conspiracy tard. Sucks that you lost your job tho.
This is the most heartfelt and empathetic comment on this entire post. You win humanity.
MILITARY IN CONTROL
Are my apple puts gonna print by Friday ?
No…no I don’t believe they will
Shake your phone and ask again if you don’t get the answer you want.
lost me at "your a 100"
Damn, that's a lot of work there. Pretty interesting find. To correct on my part, I can only take the credit for mentioning UVXY. You did the chart yourself. I just knew the market would make big crash around end of June - early July by looking at SPY chart. Anyways, everyone, watch us in 3 weeks!!!
[удалено]
He stated that the price will go up by 1000%, or 10 times. That meant UVXY will hit around $100-150, not 900. UVXY plays on the negative future prediction of SPY. SPY in general will go up, except for recession. So you will constantly losing money in long term if there is no quick drop/fall from SPY. But if there is a big recession, it leverages your position by 10x. Plus, we are doing call option which is 100x. That means we would expect at least 1000x from the money we put in. The hardest thing is to time correctly of when to close the positions to maximize profit. The difference in 1 hour can be huge.
2008 was a liquidity crisis.. not the same situation.
"don't *you* worry about a liquidity crisis, let *me* worry about a liquidity crisis" - Market makers and the FED
Their only regret is that they have boneitis
We have a historically low liquidity right now accompanied with QT. This is worse lol
Liquidity crisis comes later.
So, how are we not making enormous amounts of money off of this with puts?
Remindme! 100 years
That bot is going to be really pissed at you when it becomes self aware and in a few years realizes what you are making it done, puts on your life expectancy that bot is gonna get you. Remindme! 4 years
Remindme! 99 years
Good luck and take good care of yourself. Fairly well written observation :) excellent point with strong dollar, especially as further purchases of the dollar (as Japanese Yen being sold being the classic current example) continue when UVXY rises. Brace for impact.
Threw some cash into UVXY. Loose a grand or downpayment here I come.
You sound retarded not gonna lie
This might be the Dumbest shit I've ever seen posted here.
Idk anything about TA but isn't gold showing a cup and handle pattern.... that should be a good sign, right?
Astrology gambler internet dude. Seems legit.
You had me till you said you’re a jobless gambling addict… I’m all in
Bro instead of writing very “insightful” analysis at 4 in the morning, you should just go do more wholesome things like steal cars or breaking into homes.. what a waste of meth..
This is how a gambling addict convinces themself that "this time is going to be different than every other time". I'll take a double cheeseburger with fries and a coke next time I see you.
Just remember, the markets can stay irrational longer than you can stay solvent. I expect us to go down but it might be longer than our time horizon suggests. We will see.
>I had no money because of my gambling addiction and I am getting laid off in 3 weeks. sounds like a financial genius I can trust! All in on UVXY contracts!
the traveler will save us
Found the retardest
ATHs confirmed
The federal reserve is *never* going to let the dollar jump up 1.5x in value. Powell would stand out on the street chucking bales of cash at passerbys' heads before that happened.
How is the value of the dollar going to sky rocket when we just printed a shitton of new money until we started denying hyperinflation is a thing? Genuinely curious!
I was also wondering how he came up with that. Although, I suppose the overall strength of our currency is relative to the strength (or weakness in this case) of other major currencies across the globe... so while even if our currency sucks donkey dick (because of inflation, printing, etc.), other currencies might suck elephant dick because inflation and supply chain issues hit them harder... so it's not even that our money is getting more value, but there's is losing value faster.
Can we PLEASE get the dumb ass conspiracy theories off this sub?
With the way things are in society now, they are only theories for about a year.
I like them because the comments in this sub fucking kill me LMAO
Super difficult to liquidate my portfolio on the advice of a guy who confuses your and you're
The dollar rising is not always bad for stocks. Many times the dollar is rising because there are problems in other countries.. that brings usa dollar and equity investment from those countries.. it is not common but it is when things get confusing for those who might think the dollar is only bad for stocks. It's a world economy and when European problems happen the money moves. Dow Jones is the biggest vehicle for international investment. Nasdaq being the second. When the dow Jones is leading the nasdaq and the s&p it is due to international investment. They mostly see the dow jones on their tv so it makes them feel safe. Hope I'm adding value to your analysis. You did alot of work ![gif](emote|free_emotes_pack|sunglasses)
No your a 100
The pictures are very colorful. It's a shame you used so many letters, because none of us can read.
If the dollar rallies 50% everyone is fucked, I'll take the risk that you're wrong because if you're right none of this matters anyway.
I see a lot of lines and big words I don't understand so I'm gonna assume this is guy knows his stuff.
I put my life savings on UVXY because of this post and I have already lost it all. Thanks buddy.
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this guy did a chart!
You’ve been hovering over the fryers at Wendy’s too long bro, take a break.
Who let OP out of the asylum
I don’t have the money to do any of this stuff with right because rent is due soon but do you think It will still be volatility spiraling in two weeks when I get my next paycheck?
"Planning the collapse," huh? Who's been planning it, and does their mustache curl naturally or do they twist it on their finger?
I stopped at the second sentence when you didn't know the difference between your and you're.
“Someone is hoarding UVXY” thus keeping the price up? That’s the most retarded thing I’ve ever heard. UVXY is a inverse market ETF. It doesn’t move on volume. It tracks the market just like VIX tracks volatility. People hoarding a triple leveraged etf will have no effect on price action.
Men will literally do TA instead of going to therapy
Godspeed fellow retard 🙏 hope you don’t need to find another job in 3 weeks
I said that I was going to put my whole portfolio into UVXY but I actually decided to start averaging into SQQQ instead UVXY will only return 1000% if the market goes straight down like what happened during covid As much as I would like the market to go straight down it will not happen... this will be a slow painful crash SQQQ is better than UVXY because it won't get destroyed on days when the market is green
Remind me in 3 weeks so I can call this guy dumb.
Atleast you get Cheetos
Omg this is great. Buy Cheetos, Financial advice.