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Post by lasvegas77 on Mar 7, 2017 14:23:48 GMT -5
84% chance that the fed will raise interest rates on wed of next week.
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Post by theMist on Mar 7, 2017 14:27:00 GMT -5
84% chance that the fed will raise interest rates on wed of next week. I think the market is expecting it and hike is already priced in. I don't see the fed doing much damage to markets. Maybe a knee jerk reaction around the release BUT VXX could be trading in the mid 16s by the time of the announcement. IMO - it all rests on Trump's tax reform going forward
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Post by walnut on Mar 7, 2017 14:29:26 GMT -5
I always love the feeling after taking a profit and then leaving the room and then returning to see a huge green candle stick on my tvix chart after im out.
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Post by lasvegas77 on Mar 7, 2017 14:29:26 GMT -5
I'm done for the day mist. I bagged a nice profit. No need to gamble it away.
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Post by theMist on Mar 7, 2017 14:32:22 GMT -5
I'm done for the day mist. I bagged a nice profit. No need to gamble it away. I hear ya -- good trading today!
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Post by lasvegas77 on Mar 7, 2017 14:33:47 GMT -5
LOL Thanks for that Walnut. I happen to be an avid Elvis fan actually.
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Post by walnut on Mar 7, 2017 14:37:32 GMT -5
84% chance that the fed will raise interest rates on wed of next week. I think the market is expecting it and hike is already priced in. I don't see the fed doing much damage to markets. Maybe a knee jerk reaction around the release BUT VXX could be trading in the mid 16s by the time of the announcement. IMO - it all rests on Trump's tax reform going forward Fed days are always somewhat extra risky. fed hike days are definitely too wild. Maybe short on the spike.
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Post by lasvegas77 on Mar 7, 2017 14:38:21 GMT -5
Themist, that was what people thought in December of 2015 too. It was priced in already but the market still had a tantrum.
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Post by theMist on Mar 7, 2017 14:44:15 GMT -5
Personally I like to listen to the heavy stuff when I trade the markets! But I'm definitely a fan of a wide variety of music! And from your neck of the woods Las Vegas!
VXX likes to spend a lot of time in the Abyss! lol
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Post by walnut on Mar 7, 2017 14:48:52 GMT -5
Themist, that was what people thought in December of 2015 too. It was priced in already but the market still had a tantrum. Dec 2015 was a disaster
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Post by walnut on Mar 7, 2017 14:50:46 GMT -5
This is what you like Mist. I'm still looking for a red Barchetta in an old barn
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Post by theMist on Mar 7, 2017 14:53:25 GMT -5
This is what you like Mist. I'm still looking for a red Barchetta in an old barn Without a doubt my favorite band of all time! Those 3 guys are incredible! Been a huge fan ever since high school days in the 1980s.
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Post by walnut on Mar 7, 2017 14:55:29 GMT -5
It's good music to cruise across the continent in a fast car in the middle of the night haha
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Post by theMist on Mar 7, 2017 15:03:37 GMT -5
gotta keep pounding! As I listen to Red Barchetta and VXX chart kind of resembles one! lol VXX 16.96, TVIX 4.10 still holding - now 24,700 short tvix
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Post by lasvegas77 on Mar 7, 2017 15:05:46 GMT -5
I was able to get most of that gain on the drop after i shorted interestingly. Anymore after that would be trying to squeeze juice out of an already juiced lemon.
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Post by theMist on Mar 7, 2017 15:07:52 GMT -5
RED Barchetta Pattern! After hitting the GAS just waiting for the front wheel to drop back to the ground and nosedive! lol VXX upload gif
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Post by walnut on Mar 7, 2017 15:10:06 GMT -5
I still have super funky sergio mendes brasil 66 playing. It is more relaxing and cosmic
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Post by theMist on Mar 7, 2017 15:15:43 GMT -5
still holding short 24,700 tvix cost avg tvix 4.24
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Post by theMist on Mar 7, 2017 15:19:05 GMT -5
Going for the Big Money!
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Post by theMist on Mar 7, 2017 15:28:31 GMT -5
taking 3/4 off
7350 left tvix -- leaving for AH
VXX 17.02, TVIX 4.12
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