Tuesday, February 25, 2020

"How Will You Play the Oversold Bounce?"

Homie don't play.

Homie pivots to video

Thank you for flying WSB from r/wallstreetbets

HT: Slope of Hope

And the headline question from The Fly at iBankCoin:
As much as I would prefer to see the stock market drop 10,000 points today, it’s very likely to bounce. This is the nature of the beast — the path of maximum pain. In this instance, pain is being applied to early dip buyers. After said dip shitters get bogged the fuck out for their entire accounts, markets will bounce.
So how do you play it, small pleb?
With my money, I like macro leveraged ETFs — because I have a large cock. TNA or maybe SOXL is my speed. For you, perhaps options or maybe a little SPCE hi-jinx ahead of earnings?
One thing is for certain, the second fuckers commit to being bearish, the Fed or some other government hand will absolutely rape short sellers again, sending markets to record highs amidst the Black Plague and death and famine by locust.
Earlier on, I day traded in and out of SOXS for +2.6%.
Earlier from Le Fly: 
Turn Around Tuesday or TANK?

DJIA  27,240.34  down720.46 (-2.58%)