Fuelman » 01 Feb 2026, 12:01 pm » wrote: ↑
That doesn't sound good!
Guess that's why the experts say to be as spread out as much as possible, diversified. One stock going to crap becomes a fractional event on your account.
This could be your year after surviving the first two years. Western Canada is a good place to get lost!

I hope you did not go in heavy...I will have to see if Oracle bottoms at 151 or 141 (2 targets on my windshield).
Either way I am 90% sure this bounces to 190-250 (190 min, 250 max, expected somewhere around 230~) before the next leg down, which is likely going to begin in late 2026.
No doubt some more FUD articles about Oracle going bankrupt will tank it some more, then Trump's cronies buy up a bunch of call options right before announcing the US government takes a 10% stake in Oracle in exchange for a bailout and Oracle shoots up 30% in one day or...something along those lines...
For the record I have zero positions right now (100% cash). In theory one can buy put options on already declining stocks like Palantir but the payoff isn't that great at this point and I have zero interest in chasing "bullish" stocks like Micron which can easily tank 20-30% in one day with almost no warning.
Also Bitcoin looks ready to bottom in another 2-3 days (ideally around 71-73K) before a 45%~ or so rally
A 35-40% gain on BTC over the next 3~ months puts you ahead of the vast majority of traders / investors and people brave enough to buy call options can ~2.5x their account