A phrase I'm sure a lot of you don't know the origin of.
It comes from Black Jack. the game 21.
Black Jack is my favorite game at the casino.
The key to playing 21 was knowing how streaks work.
Once you understand the chances you will have a winning streak and vice versa the dealer will have a winning streak.
You can apply a basic bidding strategy of a min bet while losing and scale up on your winning streaks.
I often went to play 21 at the casino and could play for 24 hours at 25 dollar table on nothing more than 2500 dollars.
At some point during that time I would double my money and I would call it quits.
The point is.
TSLA is on a losing streak.
Like any streak, this company will be worth a long term investment at some point.
There was a lot of instances of SBF, saved by the bell shenanigans and now Meet my private jet Kevin that needed to feel pain before markets could recover.
I'm starting to dollar cost average at this point now.
I can see several bounce levels here that could represent the bottom.
100->90->60
I plan on scaling in more as these levels are reached.
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