6 replies to this topic

[CLK]

THEY have ran NQ sideways for 4 extra months selling to retail. NOW, with 2nd qtr. here, things should start to unravel on the downside.
This is BTC's bear year of the 4 yr BTC cycle, NQ is not going to be far behind, per 2018, 2022 and now 2026. Looking for a retest of 15k area NQ this year and the move should be starting soon.
AI is overvalued and they keep upping estimates, who will buy them up here, why of course hopeful retail with 2 years experience.
I still remember buying all the way down from 2000 dotcom top, never again.
I closed my SQQQ Calls for minor loss breakeven,
and moved to SOXS JAN. 2028 1 strike Calls.
with 25% of account, still 75% short IBIT with puts for Jan. 2027 and they are up nearly double from when I went short last October.
Looking for 25k-30k BTC by December.

Edited by CLK, 27 February 2026 - 05:04 AM.

[12SPX]

I totally agree, I said at the start of October we'd start going sideways with maybe only slight new highs with a correction going into spring and in the end only slight gains for the market by year end.  Going to be interesting next month with 0 response from Nividea's supposed great earnings for tech for sure!!  Going to be a great month I think waking up and selling rich put premium lol!!  I also agree with you about bit needs to pull way back and then maybe rally again!! 

[12SPX]

Mind you just saw a chart on short interest on tech and wow highest this decade so we may see some kind of rally...

[andr99]

I'm expecting the top at the end of April. Till then we should go UPPPPPPP

[pdx5]

Or....is it possible smart money I shorting tech?

[K Wave]

Do not know how much of delay there will be....but in the past, when the current set of conditions has been in place (yield curve uninverted for some time, unemployment bottomed out for some time, and and interest rates starting to fall), recession has not been too far behind.

 

And not sure if y'all noticed the huge stick save turn in 10yr, and now imminent massive tide change breakout on the way....

 

NVDA may have been the shot across the bow, getting destroyed on the best earnings and guidance in the history of the markets...when was last time we saw that...have to go back a couple decades, right?

Watch SOX 8K for secondary confirmation...it held on Friday, and as long as it does, could be bear delayed...but if late Friday turns out to be just a little headfake juke by bears, and SOXS and VIX ramp upside on Monday, then maybe it is on sooner than later.

 

[K Wave]

Here is the SOXS chart.......MASSIVE pivot RIGHT HERE......above that HUGE Vol Pivot is bear territory....bulls still OK below

 

Edited by K Wave, 28 February 2026 - 09:28 AM.