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Post by walnut on Jan 3, 2017 16:11:57 GMT -5
Very very excellent Clint
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Post by novie08 on Jan 3, 2017 16:13:56 GMT -5
Congrats Clint! Hope you had some GORO today, closed +11% and at HOD so you know what that means!
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Post by theMist on Jan 3, 2017 16:21:32 GMT -5
Nice little drop in AH - still holding 12k shares UVXY short and looking to close it out. Covered 8k just before market close at 7.49. Putting in low ball order to cover shares in 7.20 range. If it hits will be great, if not I'll reassess before AH close.
I'll talk to you guys later. AWESOME DAY!!!
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Post by novie08 on Jan 3, 2017 16:26:03 GMT -5
Just saw 52-wk. high on UVXY was 309.60, lolol! Talk about making a fortune.
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Post by clinton on Jan 3, 2017 16:29:03 GMT -5
Congrats Clint! Hope you had some GORO today, closed +11% and at HOD so you know what that means! Im pretty much all in on GORO
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Post by walnut on Jan 3, 2017 16:46:36 GMT -5
Money machine VXX is still dropping in AH
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Post by birthmark on Jan 3, 2017 19:25:28 GMT -5
What target is that? and what does that translate on vxx? VXX ~23 [ link to chart] Hey HUH -- looking to gently grab some UVXY around 6.80 area. Is that around your target? Great thread BTW!! GL
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Post by huh on Jan 3, 2017 23:13:54 GMT -5
Hey HUH -- looking to gently grab some UVXY around 6.80 area. Is that around your target? Great thread BTW!! GL Disclaimer 1:Going long VIX scams is the worst trading advice anyone could ever give, EVER! Seriously. Disclaimer 2:Mist has been dead on for the last week with VIX scams and S&P. And if he's not seeing a long play in them, well... Nonetheless, I've waited more than 2 years for one very specific thing to happen: A H&S to form in the S&P, then that H&S get squeezed with a new high head test. I wrote about this in detail back in Nov '14, and this is exactly what has happened. A 2 year H&S, and that final squeeze began on 02/12 of last year. It finally made a new high in July of last year, but then we had to wait for VIX scams to hit their long term downside targets. That could finally happen tomorrow. I'm watching VXX ~23, which would put UVXY ~7.00-7.10. However, another possible and better entry might be when/if S&P is 2286+ (tag of upper BB on daily). So I'm sort of torn on whether to wait for that higher S&P number or not.
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Post by birthmark on Jan 4, 2017 13:17:54 GMT -5
Thx Huh. I have no intention of marrying UVXY. Ever! Just want to ride some of that wave, that I, too, think is coming.
GL
ANd Old Misty has been spot on. Glad he's back.
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Post by birthmark on Jan 4, 2017 20:21:40 GMT -5
May dip my feet in UVXY tomorrow morning. Resisted the temptation to get some at 6.80 today
GL
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