No, I read your comment, you used the word “never”.
“It wont simply bleed out to what you consider to be the bottom, btc never does.”
I feel it will bleed out to the level I mentioned. Markets do this in many instances dependent on the levels referenced. I never use the word never because I leave all options open.
That being said, I like your 10x short positions but would be hesitant for that type of play. Markets have been doing things that just don’t make sense. A lot of irrational buying and selling. I’m wIting for the course correction and resuming my target price to buy. Then maybe hodl or execute order 66 on a short gain. I don’t have the gonads you do for large plays…wouldn’t want to get trapped…had that b4. It’s painful. I’m in out wham bam outie man.
Bet big win big is true but this space is just too volatile. It’s like playing Texas hold em, and you don’t know if the deck is s standard deck or a pinochle deck.