Submitted by mGCandidate t3_z933cq in wallstreetbets
Comments
erjkl737 t1_iyf30db wrote
That chart almost makes it look reasonable. But I can't be sure until someone overlays a dozen or so TA lines.
ndvDogeDiamondHands t1_iyf7qa9 wrote
There we go...
According to max pain rule SPY would stop at 4174.
You're warned, Wendy's dumpster is quite cold at Christmas.
Difficult_Chemist934 t1_iyepk6i wrote
I did
mGCandidate OP t1_iyewgxy wrote
How do you walk around with those things??? LOL
BillNyeTheStonksGuy t1_iyewl7m wrote
That was me I applied for 10000x leverage on robinhood
Interesting-Cover362 t1_iyer368 wrote
That means Santa rally coming?
hash303 t1_iyewgs8 wrote
Maybe they miscounted my $36 worth of FDs?
VisualMod t1_iyep7c6 wrote
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[deleted] t1_iyexsjm wrote
[removed]
hawtfabio t1_iyfb8oj wrote
It was me.
GuhgaChad t1_iyetoni wrote
Giant shrek 🥜 well played to that regard
VisualMod t1_iyep87h wrote
This is an interesting trade. The trader is obviously betting on a big stock market rally in the next month or so. This could be due to a number of factors, including expectations for more stimulus from the government and positive news around vaccines and treatments for Covid-19. I think this is a risky bet, but it could pay off if the markets do indeed move higher in December as expected.
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InfinityCG t1_iyes2mf wrote
Or a hedge against a MASSIVE short position. Not everything is black and white...