Market crash

@BigGame90

 Gotcha 

@BigGame90

See they hit 4.30 earlier

Very nice call 

Sold 3 today @5.95. They went a little over 6.00 for a short time. Will hold the rest and sell off 1-2 a day until Fri. 

Media going to say it's AI and the Chinese have created a better AI system for a lot cheaper. It's BS. 

@BigGame90

 Very nicely done 

Everything was on sale this morning. Riding the wave.

It will be interesting Wed, Thur, and Fri for sure 

@Raiders22

 Media loves to use AI as a reason for a rise or fall. AI is most likely the bubble, but I highly doubt China finding a cheaper solution to AI is the reason for the market wide sell off. History repeats, algos repeat. 

I'm holding some just for Wed/Thurs to see what happens. Got my initial buy in back plus a little extra so willing to take the risk now and ride the roller coaster. Comical watching MSM find reasons for the sell off. If it comes roaring back tomorrow, media will say the US also found a cheaper way to structure AI 

@BigGame90

 Yes, but the market is very over-reactionary on any perceived 'threat'.  

I am very big on some long plays on AI and chips.  But the volatility will always be there.  So, always good to be ready to add on massive dips.

  Very true

China and AI is not the threat. No more free $ from Japan. 

Think it might go something like this....

Borrow YEN at 0% from Japan (free money )

Invest in US markets for >0% returns (pumping the US markets)

Japan raises rates (ot oh)

Costs borrowers more so they either pony up cash or sell off securities to repay loans that are no longer considered free money)

Market drops for repayment. 

MSM says China (bad) and AI (bubble)

Yes, but I think a lot of that is sort of factored in by the institutional investors.

Just like the FED not lowering rates.  But when Powell goes to talking Wednesday, they will act like they had no clue.

@BigGame90

 When the VIX opened over +25% and went to over +40%, you know something shaky is happening.

@Raiders22

 Last time BOJ raised rates from 0% (which held for a very long time) up to .25%, within 7 market days the US had a flash crash. BOJ just raised from .25 to .50 middle of last week. History repeats, algos repeat. 

Want to see what happens when the US lowers rates up to .75% after raising rates? Check back in ~1.5 years. (spy 420P June and Dec 26 for the lols)