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Post by theMist on Jan 20, 2017 10:47:05 GMT -5
VXX Hourly chart - Indicators look like want to rollover still (MACD, MACD Histogram). Still have to be careful though. Keeping tight mental stop
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Post by walnut on Jan 20, 2017 10:50:11 GMT -5
Dropping like a rock, that's what they do. Unbelievable lol
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Post by walnut on Jan 20, 2017 10:51:01 GMT -5
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Post by theMist on Jan 20, 2017 10:57:41 GMT -5
As long as S&P doesn't turn back down real hard and stays up and flat, SCAMs will grind lower. Amazing how one overnight move can change things in a blink. Now that yesterdays move was a headfake, it can produce a pretty strong move to upside (like we're seeing). Hence, the old adage - Every day is a NEW day when it comes to trading. I think I got that right. Looking for TVIX to drop even lower now. curreently at TVIX 6.40. still short 20K tvix for day trade This afternoon will be interesting...
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Post by walnut on Jan 20, 2017 11:00:40 GMT -5
Gotta go to work, BBL
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Post by theMist on Jan 20, 2017 11:12:25 GMT -5
SCAMs are going to continue to drop UNLESS North Korea launches a Nuke or there's an assassination attempt on Trump. Obviously, I am strongly against either. I even voted for Trump.
But there was vague talk earlier on news networks about a possible assassination attempt on Trump.
I would have loved to seen follow through SELLING today BUT I have to call it like I see it. That's why I strongly favor daytrading.
TVIX should test $6 today unless we get selling this afternoon
Looking like real selloff is probably another 2 weeks out BUT is definitely getting close
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Post by theMist on Jan 20, 2017 11:58:17 GMT -5
Watching Inauguration
Anyone else?
Markets took a quick dive as soon as Trump started talking and bashing politicians. lol
You see that move?!?!
His presidency is definitely going to be a wild ride. lol
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Post by theMist on Jan 20, 2017 12:18:53 GMT -5
That pop was an awesome short SCAM opp for day trade. IMO SCAMs should put in new lod day. IMO VXX currently trading at 20.98 come on my babies!!
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Post by theMist on Jan 20, 2017 12:30:29 GMT -5
Markets definitely didn't like that Trump speech. lol Moves are very wild and can still turn ugly going into close. Stay short the SCAMs for today. Remember Dos Equis Guy! I'm short 30k TVIX now - for daytrade - not holding over weekend - be careful of final hour and watch those protestors. lol
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Post by theMist on Jan 20, 2017 12:59:36 GMT -5
Anyone trading these wild swings?
How these markets close is going to be very important
Only safe trade so far is staying short the SCAMs so far
BTW - These wild swings are happening because S&P is in a Triangle and moving close to Apex
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Post by jacksrbtr on Jan 20, 2017 13:01:03 GMT -5
Watching Inauguration Anyone else? Markets took a quick dive as soon as Trump started talking and bashing politicians. lol You see that move?!?! His presidency is definitely going to be a wild ride. lol I wonder if I should open a Tweeter acct just to be able to stay on top of things!!! Bwahahahaaaa!
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Post by theMist on Jan 20, 2017 13:06:02 GMT -5
Watching Inauguration Anyone else? Markets took a quick dive as soon as Trump started talking and bashing politicians. lol You see that move?!?! His presidency is definitely going to be a wild ride. lol I wonder if I should open a Tweeter acct just to be able to stay on top of things!!! Bwahahahaaaa! It's seriously not a bad idea Jack especially if you trade markets. Via Twitter Trump bypasses the bias, spinning News Media.
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Post by theMist on Jan 20, 2017 13:15:09 GMT -5
Still short 30K TVIX and saw my account balance swing wildly! lol
Trump already signing Executive Orders as I type...
Some really awesome, touching prayers were said during the Inauguration.
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Post by theMist on Jan 20, 2017 13:19:53 GMT -5
Come on my VIX SCAM babies!! Want to see strong move to new LOD! Nice!
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Post by theMist on Jan 20, 2017 13:59:54 GMT -5
Watching protestors clashing in police in DC
What morons the protestors are...starting to vandalize, knock over crap
CNBC trying to pump the fear as much as possible
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Post by jacksrbtr on Jan 20, 2017 14:13:03 GMT -5
Still short 30K TVIX and saw my account balance swing wildly! lol Trump already signing Executive Orders as I type... Some really awesome, touching prayers were said during the Inauguration. Yeh and the BEST one I heard was about eradicating Radical Islamic Terrorism!
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Post by theMist on Jan 20, 2017 14:46:23 GMT -5
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Post by theMist on Jan 20, 2017 15:01:32 GMT -5
And look at where S&P is?! Right back at rising support. While the markets are trying to figure out which way to go, SCAMs will continue to grind lower.
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Post by theMist on Jan 20, 2017 15:11:22 GMT -5
My 30k short TVIX is making a killing now...
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Post by jacksrbtr on Jan 20, 2017 15:38:47 GMT -5
My 30k short TVIX is making a killing now... "Most Excellent!!!" Rob. Congratz!
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