The stock market

[movetheboat]

Daddy ur pet is up 14 points

 

[movetheboat]

Could be the start of a sustainable rally...these were long term buyers scaling in

BUT though we may get a good rally here, me thinks the BEAR is not done

 

[wader]

Daddy ur pet is up 14 points

Still advancing.

was up $13.44 at one point

 

[dsedy]

CPI number (inflation) came in GOOD!!!!!!

As of right now futures point to the DOW opening up 800 points!!!!!

I had bought three positions betting a cooler CPI number but just dumped two here in pre-market

Bought 100 SQQQ (Short) $44.60 just now. First position scale in my shorts

 

[dsedy]

 

[dsedy]

Going the opposite like George Costanza....LOL
Ill load up the shorts between 36--38

 

[dsedy]

Pros Pile Into Puts As Stocks Soar On Biggest Short-Squeeze Ever | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[longcast]

The Epic Collapse of Sam Bankman-Fried's FTX Exchange: A Crypto Markets Timeline

Tracing the CoinDesk Market Index (CMI) through key news developments in the swift unraveling of billionaire Sam Bankman-Fried's crypto empire shows just how quickly the speculation kept shifting.

www.coindesk.com

 

[longcast]

At least $1bn in investor assets missing after FTX collapse – reports

Sources tell Reuters funds were part of $10bn founder Sam Bankman-Fried transferred to his hedge fund

www.theguardian.com

 

[longcast]

FTX Tapped Into Customer Accounts to Fund Risky Bets, Setting Up Its Downfall

Crypto exchange FTX lent billions of dollars worth of customer assets to fund bets by its affiliated trading firm, Alameda Research, setting the stage for the exchange’s implosion, a person familiar with the matter said.

www.wsj.com

 

[wader]

FTX Tapped Into Customer Accounts to Fund Risky Bets, Setting Up Its Downfall

Crypto exchange FTX lent billions of dollars worth of customer assets to fund bets by its affiliated trading firm, Alameda Research, setting the stage for the exchange’s implosion, a person familiar with the matter said.

www.wsj.com

someone's going to the "big house"....

 

[longcast]

someone's going to the "big house"....

No way...................$40 Million says "you get a pass". Follow the money!

 

[dsedy]

Bought 100 SQQQ (Short) $44.60 just now. First position scale in my shorts
View attachment 55933

Took a quick profit at $45.71

 

[dsedy]

Dow jones...what you see

 

[dsedy]

Inflation adjusted Dow ...spot the difference. we are lower than 1999 in inflation terms real $$

 

[dsedy]

Why? Money supply growth printing

 

[OVERBORED]

English please........

 

[movetheboat]

English please........

press 1

 

[OVERBORED]

1

 

[dsedy]

• Chart 3 shows the expansion in M2 money Supply: Inflation is the expansion of the money supply (USD being printed out of thin air with no backing) Inflation reduces the value of the USD in real terms (meaning how far a $ goes)
• Chart 1 is what the Dow Jones looks like technically over time. The Green arrows are major events.
• Chart 2 is the true value of the Dow Jones (Green circles correspond to arrows in Chart 1) when factoring in Chart 3 (M2) the expansion of the money supply, which is Inflationary.

All the gains we think we have, when accounting for Inflation, is false. Now take into account Capital Gains we all pay, and Income taxes on dividends, and you can get the picture how F'ed the system is.

The Dow and other equity classes are actually below the 1999 Dot Com bubble in real terms (In 1999 dollars), even after all the "printing" and expansion of the money supply over the last 10 years.