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Post by theMist on Feb 13, 2017 10:47:07 GMT -5
I already possibly see the quick move VXX is going to make to fill the gap and possibly flash green real quick. So, I'm expecting VXX to spike and hit VXX 18.08 and possibly 18.21. At minimum VXX 18.08. Looks like it might want to put in a quick spike to fill the gap before reversing. Just a question of when. Maybe VXX does it today so 18.08-18.21 range we'll see... Take a look at green arrow pointing to candle on chart. Move to fill gap should look like that. IMO adult image
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Post by theMist on Feb 13, 2017 10:56:59 GMT -5
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Post by walnut on Feb 13, 2017 10:59:06 GMT -5
My wife likes those puppies. They are unique looking dogs.
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Post by Herceg on Feb 13, 2017 11:32:44 GMT -5
Mkt. is unreal.............how long can this go is the question......
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Post by Herceg on Feb 13, 2017 11:38:09 GMT -5
HAIN and CC worth watching........... Again covered maybe too soon....... CC - 11:35:00 Bought to Cover 300s @ $31.6538 - Total: $9,502.14 CC - 09:42:09 Sold Short 200s @ $32.311 - Total: $6,456.04 CC - 09:36:11 Sold Short 100s @ $32.11 - Total: $3,204.93 ~$158..........
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Post by walnut on Feb 13, 2017 11:43:06 GMT -5
Maybe but I don't blame you
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Post by theMist on Feb 13, 2017 11:44:28 GMT -5
Mkt. is unreal.............how long can this go is the question...... I have bullish targets of SP 2332ish (Ascending Triangle) and longer term bullish Inverse H&S target of SP 2460ish. You always have to rely and TRUST IN THE CHARTS and not emotions. lol Just a question of how we get there. I honestly don't like market screaming higher and higher and it really needs to pullback a little this week and put in some backtests before continuing higher. If S&P doesn't, and starts blowing out above that green rising resistance and that light blue rising support, that would not be good for short term. IMO Sell when S&P hits that resistance. If S&P blows out above it, without putting in backtests to SP2300 (old high) and Ascending triangle breakout then that would be a good spot to take stab at shorting market IMO for short term. But we still have time this week for S&P to put in some backtesting. photo storage
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Post by theMist on Feb 13, 2017 11:45:00 GMT -5
HAIN and CC worth watching........... Again covered maybe too soon....... CC - 11:35:00 Bought to Cover 300s @ $31.6538 - Total: $9,502.14 CC - 09:42:09 Sold Short 200s @ $32.311 - Total: $6,456.04 CC - 09:36:11 Sold Short 100s @ $32.11 - Total: $3,204.93 ~$158.......... Herc - you haven't been playing the VIX Scams lately?
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Post by Herceg on Feb 13, 2017 11:46:48 GMT -5
Maybe but I don't blame you You're absolutely right, I just needed someone to confirm.....................I've held sometimes thinking to get more only to take a loss...........I can always short again...............Thanks !!!
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Post by Herceg on Feb 13, 2017 11:50:52 GMT -5
Again covered maybe too soon....... CC - 11:35:00 Bought to Cover 300s @ $31.6538 - Total: $9,502.14 CC - 09:42:09 Sold Short 200s @ $32.311 - Total: $6,456.04 CC - 09:36:11 Sold Short 100s @ $32.11 - Total: $3,204.93 ~$158.......... Herc - you haven't been playing the VIX Scams lately? Just holding my LT short in UVXY............I cannot believe the mkt. has not pulled back..............unfortunately have watched UVXY drop $10+ over that same period......I plan on adding more but I just don't have the conviction............would like to day trade, but have always been whip sawed and taken losses which could have been avoided...........
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Post by theMist on Feb 13, 2017 11:52:52 GMT -5
Herc - you haven't been playing the VIX Scams lately? Just holding my LT short in UVXY............I cannot believe the mkt. has not pulled back..............unfortunately have watched UVXY drop $10+ over that same period......I plan on adding more but I just don't have the conviction............would like to day trade, but have always been whip sawed and taken losses which could have been avoided........... Ahhh - snuck that one in there Herc. "Just holding my LT short in UVXY". What are you holding 1k shares short UVXY from way back 3 reverse splits ago?!?! lol That would be real nice. And your probably laughing at us fools for daytrading the SCAMs. lol
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Post by theMist on Feb 13, 2017 11:54:53 GMT -5
BTW - You guys see on the news that dam in California?!?!
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Post by walnut on Feb 13, 2017 11:57:20 GMT -5
I don't think that's what he meant unfortunately... You mean you are short the market by holding UVXY Herc? Just holding my LT short in UVXY............I cannot believe the mkt. has not pulled back..............unfortunately have watched UVXY drop $10+ over that same period......I plan on adding more but I just don't have the conviction............would like to day trade, but have always been whip sawed and taken losses which could have been avoided........... Ahhh - snuck that one in there Herc. "Just holding my LT short in UVXY". What are you holding 1k shares short UVXY from way back 3 reverse splits ago?!?! lol That would be real nice. And your probably laughing at us fools for daytrading the SCAMs. lol
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Post by walnut on Feb 13, 2017 11:58:22 GMT -5
Yeah I've been watching that. Last night they said dam collapse was imminent. They are not out of the woods yet, more rain coming this week. BTW - You guys see on the news that dam in California?!?!
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Post by Herceg on Feb 13, 2017 12:06:49 GMT -5
Just holding my LT short in UVXY............I cannot believe the mkt. has not pulled back..............unfortunately have watched UVXY drop $10+ over that same period......I plan on adding more but I just don't have the conviction............would like to day trade, but have always been whip sawed and taken losses which could have been avoided........... Ahhh - snuck that one in there Herc. "Just holding my LT short in UVXY". What are you holding 1k shares short UVXY from way back 3 reverse splits ago?!?! lol That would be real nice. And your probably laughing at us fools for daytrading the SCAMs. lol Shorted 1k two splits ago at 11.57..............I wish I could day trade the scams like you and Walnut do............like I said I always seem to end up on the short end..........maybe a few wins, but most were losses...............very poor trading ST..........so went with the LT short looking at the crazy chart..........I don't know how many times I tried long, but again the decay is there for a reason which also did not work..............Wish I shorted DUST in the 70's.............JMO and BOL.......
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Post by Herceg on Feb 13, 2017 12:09:10 GMT -5
I don't think that's what he meant unfortunately... You mean you are short the market by holding UVXY Herc? Ahhh - snuck that one in there Herc. "Just holding my LT short in UVXY". What are you holding 1k shares short UVXY from way back 3 reverse splits ago?!?! lol That would be real nice. And your probably laughing at us fools for daytrading the SCAMs. lol Not long, just short........Life time short unless they do away with them..................Wish I had done this years ago, but thought I was smarter than the mkts.............funny how that did not work out............
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Post by walnut on Feb 13, 2017 12:11:07 GMT -5
OK, gotcha
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Post by theMist on Feb 13, 2017 12:16:34 GMT -5
Freak'n VIX Scams bear flagged it for another possible leg lower.
VXX 17.88 now and should at least rise back up VXX 17.82-83 to backtest flag break
But they are headed lower.
VXX 17.76 now -- unreal and its hugging that red descending support
still not chasing and starting to look like they're not going to hit the S&P sell button today. And until they do, SCAMs will grind lower possibly filling the GAP to VXX 18.08 another day.
contango still high at 13-14%
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Post by theMist on Feb 13, 2017 12:21:05 GMT -5
Walnut - how much are you up on your VXX short that you covered prematurely at 17.91? lol
Didn't I always say -- "when it comes to the VIX SCAMs, stay short my friends!!"
lmao -- Just kidding - that was an awesome trade and you could have simply taken the rest of the day off after taking profits. Always a good thing to take profits. But lets see if they hit the S&P SELL button later this afternoon At some point, VXX has to pop. Was just hoping it would today (this afternoon).
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Post by theMist on Feb 13, 2017 12:23:16 GMT -5
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