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Post by theMist on Feb 22, 2017 10:50:20 GMT -5
PMs dropping with the dollar :scratches head then shrugs: logging out for the day - screw it. lol |
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Post by theMist on Feb 22, 2017 10:51:28 GMT -5
just keep it small -- they are all over the place this morning VXX chart  free upload |
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Post by walnut on Feb 22, 2017 10:52:10 GMT -5
I'll stick with it this time... it's only 4k shares for now
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Post by theMist on Feb 22, 2017 10:53:45 GMT -5
I'll stick with it this time... it's only 4k shares for now Do you see how VXX is all over the place as compared to TVIX? I know its at different price level but it feels like TVIX isn't as sensitive as VXX, UVXY. IMO And TVIX is only up 2.44% as I type VXX 1.3% UVXY 2.75% |
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Post by walnut on Feb 22, 2017 10:56:28 GMT -5
That unique potential that the scams have to completely clean out your account if they take off is what makes me take any spikes very seriously. They can trap you into huge losses. My kids might be mad if I blow their future inheritance haha
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Post by walnut on Feb 22, 2017 10:57:46 GMT -5
I'll stick with it this time... it's only 4k shares for now Do you see how VXX is all over the place as compared to TVIX? I know its at different price level but it feels like TVIX isn't as sensitive as VXX, UVXY. IMO And TVIX is only up 2.56% as I type VXX 1.35% UVXY 2.8% It is partially the granularity of the tick size as a percent of the share price don't you think? I'll have to look at it to see what you mean for sure. |
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Post by walnut on Feb 22, 2017 10:59:40 GMT -5
Come on down now scams
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Post by theMist on Feb 22, 2017 10:59:50 GMT -5
If SCAMs go against me again today and they continue this afternoon with very erratic trading and go against the usual grind, then I will be invoking my alternate rule of engagement! lol
Which is basically -
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Post by theMist on Feb 22, 2017 11:03:50 GMT -5
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Post by theMist on Feb 22, 2017 11:06:37 GMT -5
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Post by theMist on Feb 22, 2017 11:07:53 GMT -5
That unique potential that the scams have to completely clean out your account if they take off is what makes me take any spikes very seriously. They can trap you into huge losses. My kids might be mad if I blow their future inheritance haha The thought of me leaving everything to my wife and 2 stepkids -- makes me only gamble even more in this VIX SCAM CASINO! LOL |
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Post by walnut on Feb 22, 2017 11:10:59 GMT -5
VXX you miserable piece of shit haha
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Post by theMist on Feb 22, 2017 11:12:15 GMT -5
VXX you miserable piece of shit haha Definitely tough still and refusing to rollover. I bet traders are a little nervous with FOMC this afternoon. VXX 18.03 |
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Post by walnut on Feb 22, 2017 11:13:25 GMT -5
I ain't telling till it's back below it or you will say "whipsawed" haha |
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Post by theMist on Feb 22, 2017 11:14:59 GMT -5
VXX chart I don't want to see that top triangle blue line get breached. I maybe out or take a little off if it does. I still don't have max short VIX SCAM position and will keep it that way. Definitely VXX move over 18.40 won't be good. VXX 18.01  image hosting no register |
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Post by walnut on Feb 22, 2017 11:15:21 GMT -5
This recent market rally has been nothing but trouble for us.
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Post by theMist on Feb 22, 2017 11:19:33 GMT -5
This recent market rally has been nothing but trouble for us. It would have been better if S&P stayed within its normal rising channel and look to hit S&P 2460 target by summer. We did make some fast money though! I don't think I ever made $15Gs shorting VXX in one day! The fact that it skyrocketed into an even steeper channel is not good. And S&P isn't even bothering to look back to backtest or fills gaps at this point. That can still change and we correct now. So its been tricky. Long term target of S&P2460ish but how do we get there? That's the question. Even Jim has been apologizing in his videos lately for getting calls wrong. The short term picture is tricky now. We've rocketed up since the elections. Do we keep going and hit the S&P 2460 target OR do we pullback now before hitting it? The steep channel (rising at over 120+% rate annually) cannot be sustained. But do we simply pullback a little and widen / flatten the channel? Or do we correct out of it? |
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Post by walnut on Feb 22, 2017 11:22:59 GMT -5
OR do we pullback now before hitting it?
--------------------
Don't even say that out loud
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Post by walnut on Feb 22, 2017 11:24:05 GMT -5
SP-500 even for the day
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Post by theMist on Feb 22, 2017 11:25:08 GMT -5
It's amazing to see the SCAMs rise for abolutely no reason! Contango is still 10-11%, curve looks good still, VIX at 11.91 and S&P only down 3 handles
They should have been done a half hour ago
VXX 18.08 VXX 18.05
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