I am sorry about my previous dd calling the top: I was wrong. But there is more to the story

Saw a guy who lost 99% on qqq puts and I hope he is ok. I also wanna say I’m sorry about calling the top in my previous post. I was wrong. My hatred towards retards investing in space and semis made me wish for a mean reversion scenario too desperately.

Tldr: hold your shorts on small caps/semis and long mega cap mag 7

Full disclosure - my short positions are also down around 60% at the moment - I don’t plan on closing them as they serve as a left tail hedge but I don’t plan on adding more shorts (except for space stocks I will short them).

That being said , I am not saying that the market will continue to pump continuously from here because the rally we see in these couple weeks has obviously lost lots of its previous steam and the “easy money” on SPX calls are no longer the case.

However, monies are definitely rotational and institutions are still underweigh semis and tech so it’s hard to say we see a crash anytime soon. The big green dildo in software today (and META in the last 5 minutes) show that the street is rotating towards the mega caps. It’s a classic playbook - small caps and risk on assets had their run and mega caps then follow. So I think mega caps will have their runs in the summer months and all our fantasies will come true (META to 5T; NVDA to 10T…)

With all these being said, there are monies for both bears and bulls to make. The bull side of me is already long leaps on software (MSFT, ORCL, PANW, NOW) and will make greener dildos in the coming months and the bear side of me will short space stocks until all the space retards here beg for money behind the Wendy’s dumpsters. At least that is my read on the market and my game plan for the next quarter or 2. I hope all bears are ok and I hope bulls be careful.

Positions: same as last post but this time I added META leaps