RealMacro

GME Update

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RealMacro 已更新   
NYSE:GME   GameStop
If you loved GME at $350, you will really love GME at $194! joke!

For some reason, I get the pro-GME crowd commenting on my charts.
Despite me twice showing them a topping pattern that has
TWICE worked as it should. Now I am not claiming its 100% accurate
Nothing is 100%. But from a risk-reward standpoint when Big M patterns
occur at tops you better pay close attention! I know today everyone is an
"EXPERT" in stocks. Most of them were not even alive in 2000 and were
not even teenagers in 2008. But the little I do know is when you get these
cute stories as to why you should buy something that is connected to
"SOCIAL JUSTICE" you better run far, far, far, away from them.

"BUY GOLD BUY SILVER CRASH JPM" was the cute story of 2008. They both lost
50% value since before bottoming out. As for the

"You can't chart something that is not obeying any rules" Crowd

To me, GME etc. are obeying the rules just fine.
评论:
GME short working out beautifully, now trading at $199.
评论:
GME continues to fade away $184.
评论:
GME collapses to $146 as expected.
评论:
$143 and falling

Real Macro Economic Investing
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