u/vitalalgorithms ·
Reddit — r/smallstreetbets
· May 03, 2026 at 04:17
· ⬆ 15 pts
· 💬 19 comments
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Hi. About two weeks ago I rationalized myself into betting against big tech and semicons thinking that oil above 100 a barrel, no rate cuts from the Fed, inflation creeping up, Hormuz remaining closed and exuberance around Intel's run up fading off (this last one is a tragic comedy in hindsight, Intel crossed 100 in Friday's session) would result in a big selloff on Friday. I was wrong and got completely cooked. Through nefarious means I've managed to scrape together enough money to swing for the fences betting against semicons one more time. I'm all inning against nvts's earnings this week. Stay tuned to find out if I lose AGAIN and add more bags to my gigantic bag collection.