31 Jan 2026 2:29 pm
There will be a big BTD moment...with Bitcoin crashing this weekend this is most likely going to drag everything down the next 1-2 weeks.Fuelman » 31 Jan 2026, 3:12 pm » wrote: ↑ I'll still follow along, no one expects you to pick the exact bottom.
However I am still convinced a strong relief rally is coming before the "actual" crash begins. By then people will look back at $164 as a good price to sell.
(Targetting $50 for ORCL or the 2000 high)
And believe it or not I am very particular about "timing bottoms and tops"...if ORCL falls to $140 and then rallies 50% that would imply $210 area bounce.
You would get much better returns buying closer to $140 than $164 (FTR I did NOT buy ORCL, I dipped my toes in 1 call option, it lost 40%, and I sold immediately). A very small loss as I had low confidence it bottomed.
I bought puts on GLW after it spiked 16% higher and netted a nice 40%. Lots more opportunities to short than long.