I’m sure y’all thought I was neurotic yesterday and hating on the fact that people were making money but I foresaw what was going to happen today. Think about it and stop being emotional. I read the Reddit threads and I noticed a lot of Wall Street analysts because they were

Posting their Bloomberg terminal and using complicated instruments (options and futures arent complex derivatives - those are things that people use to flex on dumber people). I said to sell yesterday. With every economic cycle, there is always

Speculative trading that will induce a recession. We hadn’t had it until now, but luckily the speculative is with a couple of stocks. Now the reason why speculative trading is the last thing that happens before a recession is because people get used to good times. The stock

Market and economy has grown, albeit very little, since 2008 (this pandemic has decimated some sectors while others have thrived). So people see money being made and they start doing speculative trading because they forget about the fundamentals. It’s a vicious cycle that is

Entirely psychological. Fundamental trading allows for the stock market to boom but people forget about the last recession and start doing speculative trading. They say screw fundamentals because stocks have been good for a while. Then the company does poorly and all of those

Stocks become worthless. They don’t go down to couple of dollars, they lose have absolute worth. And then the recession occurs. Thankfully Robinhood is trying to prevent the from happening. Again glad it is only a few stocks. But this is how people get burnt. Plus too many

Large corporations aren’t doing so well in the credit side. 50% of corporations are rated BBB+ which is one credit rating above junk. That’s like 50% of Americans are at 580. Anyways, if something shakes the credit world, and it is inevitable and closer than you think, stocks

Become worthless. That’s why you should focus on liquidating and deleverage. Again you don’t have to listen to me. Listen to the chamath and Elon whom you don’t even know what they have been scheming. Chamath sold his stock. A hedge fund manager started this whole GameStop thing

You don’t even know if the people that are saying hold the line have sold or even bought stocks in the first place. Don’t be so naive and gullible. Those people couldn’t said buy more just to drive up the stock price so they can cash out and walk away. Please understand the

Concept of wolf in sheep clothing. You don’t even have a job don’t risk all of your money on this. You can buy in and get out but do not hold. Not everyone is on your side!