Thanks
@Artful Dodger I will be more mindful of these bear traps- bought at 1379 & more at 1369.
any tips on how to spot them as early as possible ? ( I’m starting to keep this thread open during the day - lots of intelligence and wisdom here- wish I would have known about it 10 years ago!)
Lol, spend 10,000 hrs becoming an '
Expert'? But there are a few cracks in the Wall, that's how the light gets in...
Okay, it's all about 'suspicious' trading activity. Sure, there's the usual increase in FUD articles in the Financial Press and 'special guests' appearing on CNBC, and the resurgence of 'Service is BAD' b.s. on TMC, but did you notice this
*sugar* from out of the blue in trading at Frankfurt while U.S. Markets were closed on Friday for the Forth of July Holiday?
That's a 65.30 Euro drop (USD$73.90) from High to Low for
NO REASON at all, and suspiciously ignored by the U.S. markets on Monday, July 06. It's Bears sending each other covert signals for cheap (low volume in Frankfurt), messages for which they can't be prosecuted for collusion.
Yesterday's big intraday drop on NASDAQ? Coincidently also USD $75 from the point where the SP crossed yesterday's Closing SP to the bottom of the dip: (but just a coincidence right?)
We spent 3 days above the Upper-BB. That is unprecedented. A bear raid was inevitable, since they can not help but *sugar* in the woods. It's what they do. Most reliable cycle on Wall St.
Diff between now and Feb 4th is the News queued up for TSLA:
- profitable Q2
- pending S&P 500 inclusion
- Bty day has a firm schedule
- Q3 looks killer incl'd VA ~$1.5B
All adds up to four little words:
FOMO
Cheers!
P.S. Non-surprise Credit Rating upgrades from Moody's will be coming at a steady pace after profitability and S&P 500 inclusion is achieved. It's all good!