Aston04 said:

---

$30,000 Millionaire said:

---

$TSLA is such dog crap now. It will short squeeze soon, though.

---

I'd stay away. Valuations are still resetting across the board. Crazy multiples are history.

---

Let's play a game. Is TSLA going to hit $120 first or $140?

I'll take the disadvantaged side and say $140 before $120

$30,000 Millionaire said:

---

Aston04 said:

---

$30,000 Millionaire said:

---

$TSLA is such dog crap now. It will short squeeze soon, though.

---

I'd stay away. Valuations are still resetting across the board. Crazy multiples are history.

---

Let's play a game. Is TSLA going to hit $120 first or $140?

I'll take the disadvantaged side and say $140 before $120

---

I'll take 120. Nothing is getting bought down here. It will be weak into the new year, then people will think about buying. I know oversold things are due to reverse, but I just don't see it until January 1st.

I also need to back up my new name, lol.

Capitulation very close in Tesla.

AMR is looking tempting.

Lotto for me bro for intraday or tomorrow bounce.

Wish we would have had one more push into SPY 390 to go short but oh well…

My drive trading exit if we get a bounce at yellow arrow.

Needs 379.30 SR though to reclaim.

Edit: chart might help….sheesh

I know! I was hoping for one more push up but did not swing any options overnight so glad I wasn't exposed overnight. Only carrying VIX calls for a while now.

I was prepared to full port SPY puts in the 391-395 range for the impulsive move down but it may have come early. Any lift up tho and I'm going for it.

FJ43 said:

---

My drive trading exit if we get a bounce at yellow arrow.

Needs 379.30 SR though to reclaim.

Edit: chart might help….sheesh

---

Does this chart include pre-market trading? Don't recall a topping tail this morning?

Ron walked proposed this could be subwave v of Wave 1. That would give us a relief bounce (wave 2) back some percentage of this move (from the recent high of 4100). If so, we could get that option to load up short in the 390 range. Alternatively, the move back the 50 SMA yesterday was wave 2 and now crash wave 3 has begun. Will need to see which pattern is gonna win the day. Will trade the chart in front of me at this time.

Come on VIX grip it and rip it.

bmoochie said:

---

FJ43 said:

---

bmoochie said:

---

FJ43 said:

---

Anyone think we bounce to MT 382.50 intraday?

---

I do. I had line drawn at $378.69 and it bounced right from that. Entered $380s and will look to potentially exit at $380.83 where I have my next SR level but will cut the trade if I lose the lower one.

---

Riding 380s with you. Tomorrow expiry.

---

&ct=g

---

Guess the ride was out of order.

Trying to diamond hands BOIL a bit more, but 19 is looking real to me right now.

Meh lotto. Let's see. Watch volume.

Still nothing yet from Putin.

I'd guess and it's a very comfortable guess, Putin will announce cutting crude production and I'd guess he'll indicate refined product production cuts. The G7 Price Cap on refined products starts Feb 5th. According to Reuters and some input from oil traders, Urals oil exports in Nov were 6 million tons, Dec is appearing to be 5 million and some estimating 4.7 million. Urals oil has 4 buyers now and some Urals reportedly sold export below production costs. Sea-worthy Tankers getting in short supply. I'm pretty sure Putin is going to cut. It just tightens the S&D supply side. Not sure who will experience more pain, Putin or U.S. Side Note: Appears the COP Willow Project is now under the company scope as not being viable with the latest Biden orders on targeting to reduce drilling in the U.S. Can't make this stuff up.

ProgN said:

---

FJ43 said:

---

Come on VIX grip it and rip it.

---

---

See my post from this morning before market opened lol.

$30,000 Millionaire said:

---

Capitulation very close in Tesla.

---

Monthly chart.

Destruction so far today.

TSLA sellers will not take their foot off the gas. Insane to watch today the L2 today.

This is pretty extended with zero bid.

That's why I think capitulation is close. I was hoping for 160 this week to get short but it was not to be.

Nearly breaking even since I dumped UPRO this morning and replaced it with spxs. Crazy day.

If it weren't for BOIL, I'd be pretty green.

$30,000 Millionaire said:

---

That's why I think capitulation is close. I was hoping for 160 this week to get short but it was not to be.

---

Yeah I was hoping for some kind of bounce this week to look at longer dated 100P... but it just won't come. Has to soon, right?

I don't know, at this price it's still an expensive stock.

Just shows how crazy the run-up was the past three years.

Hit some of my buys on TQQQ and UPRO today, and still some left a bit lower.

That TQQQ I sold at $23 is a godsend of fresh powder right now.

Ag CPA said:

---

I don't know, at this price it's still an expensive stock.

Just shows how crazy the run-up was the past three years.

---

I'm just looking for an intraday bounce here. No desire to take any long term longs in this.

Trimming 25% of my Feb VIX 29C here for 35%.