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Hey 5,

I don't trust this house of cards. Keep emphasizing that I am referring to stock prices and not companies, when I say I "don't like the stock".

TTD, CRWD, NET, DDOG...these are all great well-run companies.

TTD up 15% today because of a nothing-announcement around cookies and because stock split probably makes it an easier buy for retail. Still makes no sense for this to be above $40 ($400 split adjusted) and there it is back over $70. Crazy.

Anyway, I just sold GLBE after their 8% up day (makes no sense) which was 11% gain in about 1-2 days for me. I will take that CAGR all year long, pad my cash balance, and wait for more sensible prices.

Going to let UPST and SNAP run a bit longer since they are up today, but not up in a stupidly high way. I do feel like we are running towards a top and setting up for another drawdown. We will see.

I am playing with house money, so I am ok with no chasing momentum.
If my stocks went to $0, I would still be up YTD, which is a nod to my cash balance, which is back up to 62.5%


Doom
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