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![]() | 2008's 'The Great Recession'Yes, I traded through it. I remember those days very clearly now. Everybody was scared. Literally everyone - except for Volkswagen longs. 2022s 'The Great Reset' now entereth the chatYes, I am trading through it. My perception is very clear now. Everybody is scared. Literally everyone - except for GameStop longs. 💎 Just Look at the Data: GameStop of 2022 will compare with Volkswagen of 2008 ✋From the VW article above, this quote speaks volumes: “I have hedge fund managers literally in tears on the phone. Nothing prevented the painful losses from being incurred by those short sellers who ended up having to close out their positions at stratospheric price levels."Yet, a recent investigation reveals how the vw short squeeze 'distorted' the stock the market. This implies a measurable level of causality. So let's look at the 2008 NASDAQ compared with 2008 VW. Prior to the inflection point, NASDAQ began falling hard Just after the inflection point, VW began rising hard TLDR: I think there is a causal relation to the nasdaq falling and the short squeezarooski. This makes sense, because hedge fund managers have to liquidate other assets to buy to cover GameStop. So, it doesn't matter what comes first: the chicken or the egg. They happen together. Today, the NASDAQ fell 4%, which puts us at the beginning phases of the GameStop squeezarooski of 2022. This is my strongest academic opinion. |
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