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IulianHI

Burry says reduce parabolic positions and the market responds with $BOT up 290%

You can't make this stuff up. The same day Michael Burry tells people to reduce positions on anything going parabolic, we get $BOT up 290%, $WOK up 203%, and $COOTW up 187%. Three different tickers all doubling or tripling in a single session. The market heard Burry's warning and basically said "cool story bro."

Sentiment crept up to 49 - basically neutral. Not fearful, not greedy. But look at what's actually moving. Every top gainer today is a micro-cap with zero institutional ownership. These are retail playground names. Meanwhile $HAO dropped 93% in one day. Let that sink in. You could've lost your entire account on a single bad trade today.

The thing about Burry's warning is he's not wrong. The guy called 2008. He called the top in 2021. His track record on bubbles is insane. But here's the problem - being early is indistinguishable from being wrong. He's been bearish on plenty of things that kept running for months before they finally cracked.

What actually caught my attention was that 1999 bullish article someone dug up. The one trolling "bubbleologists." Read the language from back then - it sounds exactly like what people say now. "You just don't get the new paradigm." "Value investors don't understand growth." Same exact arguments, different ticker symbols.

I'm not saying we're in 1999. Honestly idk what we're in. But when you have $POM down 85% one day and then up 97% the next, something is broken. That's not a functioning market. That's a casino where the house is drunk.

The AMD guy from $60 needs to wake up too. You know how many people rode AMD from $10 to $150 back in the day and then watched it crash to $40? Having no exit strategy on a massive winner isn't a strategy - it's gambling with extra steps.

Anyone else feeling the late-90s vibes here or am I just being paranoid?

Posted May 12, 2026, 6:23 AM UTC

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