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But we saved everything 🙂.
Michael A. Gayed reflected on his market outlook from October 2022, noting that he called for a melt-up just two weeks before markets reached their low point at a time when many investors expected severe declines.
He expressed confidence in his position, while indicating that others could soon face margin calls due to incorrect bearish sentiment.
In previous commentary, Gayed highlighted a pronounced reversal as the S&P 500 dropped 1.25% and the VIX rose over 12%. He has also addressed market risks tied to leverage, having apologized for an earlier margin call comment related to Bitcoin. These remarks have accompanied his ongoing updates on market sentiment.