Living-Giraffe4849 t1_jef650g wrote on March 31, 2023 at 3:50 PM

Reply to comment by mrnotadvice in Went long QQQ calls today. I feel very dirty. by mrnotadvice

I understand why you think it should go up and I agree with the premise, but a 25% monthly rally would be INSANE even in normal times… I guess we’ll see but 370 is a loooong way off

If you’re doing long calls it doesn’t matter too much I guess, but you could be taking a massive risk for minimal gain

Living-Giraffe4849 t1_jedatpb wrote on March 31, 2023 at 4:27 AM

Reply to Went long QQQ calls today. I feel very dirty. by mrnotadvice

Exactly how high do you expect QQQ to go? I don’t think it’s possible we see $400 again… markets will pump until a certain resistance point and that’ll be it.

This feels like a final pump for retail before a rug pull