Our Thesis was the Federal Reserve would begin to move forward, quickly forward to Increase FED FUNDS far more rapidly than the Retail Trader/Investor anticipates.
This Thesis has been ongoing since JULY 2021.
2024 to 2023 to 2022 to now 2021.
We were Correct - 100% Correct.
Thereby creating a large Event taking the Equity Complex to its knees and down to the 200SMAs, where they would find minor support for a Counter-Trend, only to reverse and Trade to closer to the 400SMAs.
Nothing, and I am quite resolute in this Thesis, has changed.
The Probability has increased substantially - Exponentially.
I have been repeatedly Asked in PM @ TV why I am a "Bear" in this Mania.
Answer: Continue to chase Gamma/Delta, we Fade it, there is no Top Picking is ongoing, there is, however, an acute understanding of how this ends, and it will.
Positioning for it, taking heat... taking losses, all part of the entry.
We hold no Underlying Sells in the NQ ES YM RTY.
We do Hold Derivatives in the QQQ SPY SMH TQQQ TSLA QCOM TLT AMC AAPL and continue to build on these Positions from November to January.
Top pickers have at it, wading in is more our style and we know how to do so with a minimal negative effect - Hedge Underlying.
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