It never fails me, not for the past 20 years. If I’m spending time in a casino enjoying losing (sometimes making) money on craps, or standing in line to go party at a club, or drinking a beer and playing penny slots – and I overhear someone euphoric about an investment I’m in, it’s time to get up and go home and sell EVERYTHING.
And it happened yesterday.
I was enjoying a solid run on the dice, turning $200 into $1000 when I heard two casino staff talking: “yeah man… and you know they’re about to 10:1 split!” The other guy was elated. “And you just KNOW that thing is gonna shoot right back up to a thousand bucks.”
Fuccccccccccccck.
It’s over bros. This is one signal that does not fail. In 2017 I heard door hosts at Vegas clubs swapping shitcoin tips right before the crash, and the same shit in 2021 as well. The stock market is toast.
You have been warned.
The most screaming top signal I know of just happened; imho it’s time to exit all markets.
byu/katiecharm inwallstreetbets
Posted by katiecharm
38 Comments
Poor people gambling… How quaint.
In an election year? Unlikely.
Thank you brother. You should sell before its too late
I do remember this happening with Bitcoin.
This is going to be such a copy of 2008, that it feels like playing the DVD movie in the PS2 all over again 😂😂😂
AI is in its infancy and the best company that produces AI is going up with the hype? Wow, revolutionary. Sell now!!!!!!
“Buy high sell low”
The difference is that nvidia actually has value. Or is that a banworthy statement on this sub?
For everyone here convinced it is collapsing…show us your NVDA puts please and we will see how committed you are, lol.
I don’t disagree, but NVDA has split a number of times, and I could realistically see this run up quite a bit higher in the lead up and after it splits. It will come back down some though
So.. calls it is
So you’re telling me that people who are in the “gambling business” are talking about stocks?
You don’t need to sell everything, you just need to sell NVDA
If you get out now, NVDA’ll keep going up until you FOMO in at the top, and *that’s* when it crashes.
Yeah man the bubble is just about to pop, you should definitely sell
Losing money in craps is all i need to know. Buying more calls
Let’s see your puts then? Oh wait you don’t have any
Now this is some DD
There was a famous story about Joseph Kennedy, the very very rich patriarch of the Kennedy clan and father of the US president. He got out of the stock market just before the 1929 crash because he was in an elevator and the attendant — yeah, back then they had manual operation of the elevator — started giving him investment advice. He said, if ordinary people think they can make a killing, it’s time to get out.
Unfortunately, it might very well be an apocryphal story. It’s been variously retold as a shoeshine boy. But the point remains pretty clear. It’s not possible for everybody to get rich. But it’s possible for lots of people to lose money.
On god this is so true.
What about when tsla split and ran to $400?
Best I can do is get out of margin.
The market is gonna crash in December regardless of who wins the election.
Unironically non-autists casually talking about investments is literally always the top.
I bought my first nividia share for $119 in 2019. Back then it was about “crash”. That was like 2 splits ago
https://preview.redd.it/hb5hi9y4j73d1.png?width=566&format=png&auto=webp&s=68ab1ac5bfb7c42f0c205003720d410fc6f81651
Just like the old gypsy woman said!
Sure buddy.
Wife was telling about hairy dudes at the gym talking about ether
The dude at Papa John’s asked me about day trading a week ago. We’re fucked
time to exit the dollar market.
how about chipotle 50 to 1 split soon? price right now is 3k a share.
Ahhh yes the economy is growing, interest rates are stable, inflation is steady, people are putting money into 401k and IRAs but do tell of the impending crash.
Buy puts. Show your positions. Or shut up.
!remindme 5 years
Remindme! 20 days
Counterpoint: I was in Vegas a month ago, decided to shoot craps (I play three point molly – darksided) and the boys were saying the market was going to crash in the next six months but were complaining that they didn’t know how to short it effectively because timing was impossible. Was your standard every minute WSB conversation IRL.
When everyone and their mother are talking about the stock market.
Yes. I’m not saying to sell now, but at least sell when you’re up, instead of losing it all
I’m disappointed that you didn’t even bother to say ‘trust me bro’.