$SPY $SPX Market correction imminent. SPY to 338
Updated
The GME saga has gone for too long. Jan. 29th saw Robinhood and co. go to desperate measures to prevent irreparable damage to the market.
- The puny market pump for Big Tech ER is almost over. Nothing can hold it up anymore.
- 70 billion has been lost by short institutions, and they are long positions to cover their short position
- The short interest remains over 130%, if the data is to be believed. It is possible that that it is in actuality much higher. Shareholders now own over 100% of the company's shares. The extend of fake shares existing for naked shorting is unknown.
- Silver is the next target on the chopping block for short squeezers. Major banks, direct arms of the Federal Reserve, are at risk of liquidation on their short positions.
- Prepare for volatile times.
Current Silver Squeeze (Jan.28 Idea):
- The puny market pump for Big Tech ER is almost over. Nothing can hold it up anymore.
- 70 billion has been lost by short institutions, and they are long positions to cover their short position
- The short interest remains over 130%, if the data is to be believed. It is possible that that it is in actuality much higher. Shareholders now own over 100% of the company's shares. The extend of fake shares existing for naked shorting is unknown.
- Silver is the next target on the chopping block for short squeezers. Major banks, direct arms of the Federal Reserve, are at risk of liquidation on their short positions.
- Prepare for volatile times.
Current Silver Squeeze (Jan.28 Idea):
Note
Factors I am watching for Market Crash:- Economic growth failture
- Housing market
- COVID recovery (causing assets to liquidated for real capital)
- Changes in monetary policy
- Widespread corporate fraud
- Public participation of new investors in over-leveraged risk speculation, exuberance, extreme greed
- Lack of liquidity
- Inevitable rising interest rates and QE stop
They will tell you it's alright until the very end. By the time you know, it will be too late.
Will you have a seat when the music stops?
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