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Post by theMist on Feb 7, 2017 11:55:39 GMT -5
Scams think another leg down coming Personally, I'm looking to short more if they pop higher -- but not adding right now. VXX 18.91, TVIX 5.13 Here's a good statement to ponder: Some times in order for the SCAMs to go lower, they have to go higher! lol
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Post by novie08 on Feb 7, 2017 11:59:06 GMT -5
That is really interesting walnut. No wonder Jim Rogers moved to Singapore. People love Singapore. One regret I have is never having been to Asia and now it is a really rough trip for me to make at my age. Although I wouldn't want to go to mainland China, would like to have seen Vietnam and Thailand at the very least.
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Post by walnut on Feb 7, 2017 12:02:11 GMT -5
Scams think another leg down coming Personally, I'm looking to short more if they pop higher -- but not adding right now. VXX 18.91, TVIX 5.13 Here's a good statement to ponder: Some times in order for the SCAMs to go lower, they have to go higher! lol That's the way lots of days go. Overall they seem to be down about 2/3 of the days.
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Post by walnut on Feb 7, 2017 12:07:33 GMT -5
That is really interesting walnut. No wonder Jim Rogers moved to Singapore. People love Singapore. One regret I have is never having been to Asia and now it is a really rough trip for me to make at my age. Although I wouldn't want to go to mainland China, would like to have seen Vietnam and Thailand at the very least. Go to Bali Island in Indonesia. You will be glad you did. Stay in the artsy town of Ubud up in the mountains. Bring someone with you.
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Post by theMist on Feb 7, 2017 12:16:44 GMT -5
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Post by walnut on Feb 7, 2017 12:19:01 GMT -5
VXX above the channel
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Post by theMist on Feb 7, 2017 12:23:08 GMT -5
Wait for S&P to go red before thinking of putting on little more short SCAM position. IMO
But so far with all this selling, they aren't even budging so I'm not even sure we'll get better pricing. I added more tvix short earlier at 5.13
VXX 18.92, TVIX 5.14
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Post by novie08 on Feb 7, 2017 12:26:11 GMT -5
Now can see your charts perfectly, don't know what changed from yesterday.
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Post by theMist on Feb 7, 2017 12:27:49 GMT -5
Now can see your charts perfectly, don't know what changed from yesterday. I post using Postimage rather than TinyPIc now
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Post by theMist on Feb 7, 2017 12:31:18 GMT -5
Shorted a little more TVIX -- now need it to turn back down!
VXX 18.95, TVIX 5.16
S&P morning gap filled
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Post by novie08 on Feb 7, 2017 12:31:35 GMT -5
Yesterday was having trouble seeing the righthand side even with Postimage, today it's all good. Many thanks.
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Post by theMist on Feb 7, 2017 12:32:51 GMT -5
Come on my Babies! Need you to turn back down and go RED!!
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Post by theMist on Feb 7, 2017 12:39:06 GMT -5
VXX 15 min Should backtest that white line break. Breaks thru it and that would be great. Breaks through the bottom white line and even better. My line was slightly off upload gambar
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Post by walnut on Feb 7, 2017 12:43:11 GMT -5
How many shares TVIX short Mist?
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Post by theMist on Feb 7, 2017 12:45:22 GMT -5
How many shares TVIX short Mist? 50K max position Honestly, a lot of work BUT we're trying to make money out of them with such a small range. My best days are definitely when SCAMs are up a lot in premarket. Still have to be careful - VXX is out of that descending channel S&P coming up on support. How S&P closes will be important going into tomorrow, next few days S&P left behind a common gap (you'll see it on hourly) to 2281ish area from Friday. Also, Friday's gap up in S&P and trading into yesterday could be setting up for a small double top /island reversal. S&P move below 2288.57 with close would not be good IMO for next few days trading and means a little more pullback. Take a look at hourly chart -- do you see the green hammer candle S&P made yesterday at 2pm EST ? Need S&P to bounce in this area and GO GREEN and retest 2300
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Post by walnut on Feb 7, 2017 12:59:49 GMT -5
I see it
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Post by theMist on Feb 7, 2017 13:01:33 GMT -5
Overall, when you think about it -- these are small moves in the SCAMs and no reason to be nervous Just trying to make money on the small range and market that is given to us today. And VXX 19 HOD didn't really breach that 18.99 HOD from yesterday. VXX hit 19 and turned right back down. Need SCAMs to rollover more VXX 18.92, TVIX 5.14
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Post by theMist on Feb 7, 2017 13:03:31 GMT -5
S&P needs to bounce and go green and SCAMs need drop more! S&P could gap down tomorrow and look to fill that common gap area Need strong S&P close by EOD so I can take profits on TVIX short. Would love to see another move to lod in SCAMs. If markets gap down and are down in premarket tomorrow -- I will be loving it since I will be all cash. Also, with 50k max tvix short position on right now - my risk tolerance drops a lot lower now of course and will watch position like a hawk
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Post by theMist on Feb 7, 2017 13:10:17 GMT -5
Look at eminis - should bounce off support now in this area image posting
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Post by theMist on Feb 7, 2017 13:16:15 GMT -5
Come on my Babies!! One more time! Afternoon S&P dip buyers should step in!!! VXX 18.92, TVIX 5.15
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