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Post by walnut on Mar 15, 2017 14:59:49 GMT -5
Hindsight is always 20-20
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Post by lasvegas77 on Mar 15, 2017 15:01:33 GMT -5
Looks to me like there's some insurance buyers still out there.
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Post by theMist on Mar 15, 2017 15:04:25 GMT -5
So far good call Las Vegas re-visiting lod. We'll see how plays out in AH but could be right.
What cost avg did you get?
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Post by lasvegas77 on Mar 15, 2017 15:05:46 GMT -5
Fcash 1.00 average price.
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Post by theMist on Mar 15, 2017 15:10:46 GMT -5
Fcash 1.00 average price. I thought you were shorting VXX as well today? Does Fidelity Fcash pay well?
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Post by lasvegas77 on Mar 15, 2017 15:11:49 GMT -5
no. i have been in cash since Monday after hours. i covered vxx at 16.63 after the close.
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Post by theMist on Mar 15, 2017 15:12:16 GMT -5
no. i have been in cash since Monday after hours. i covered vxx at 16.63 after the close. gotcha
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Post by lasvegas77 on Mar 15, 2017 15:15:06 GMT -5
Fcash 1.00 average price. I thought you were shorting VXX as well today? Does Fidelity Fcash pay well? YTD (Daily)* +0.04% Average Annual Returns 1 Yr +0.07% 3 Yrs +0.03% 5 Yrs +0.02% 10 Yrs +0.68% Can't lose
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Post by lasvegas77 on Mar 15, 2017 15:16:32 GMT -5
Yeah, when i covered everything, it was about 9k profit from wed to Monday.
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Post by lasvegas77 on Mar 15, 2017 15:18:26 GMT -5
not only did vxx not reach low of day after hours but it's now .5% higher than the closing price.
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Post by theMist on Mar 15, 2017 15:35:18 GMT -5
not only did vxx not reach low of day after hours but it's now .5% higher than the closing price. We're only short 5k VXX in AH. I covered 6k before close and we're up from earlier scalps. Today was a juicy move down in VIX ETPs. so where do you think VXX is headed moving forward ?
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Post by lasvegas77 on Mar 15, 2017 15:40:00 GMT -5
I think it's going to go higher. Today is a counter trend move based on fed liquidity in my opinion. You won't see me buying it. I'm sitting on nice gains from last wed and can sleep quite well in my fcash position.
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Post by walnut on Mar 15, 2017 15:46:17 GMT -5
The VXX trend has been down since Feb 24th. Won't need to wait long and VXX will be in the 15's.
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Post by walnut on Mar 15, 2017 15:49:15 GMT -5
Maybe you mean S&P counter trend. If so, maybe so, not sure
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Post by theMist on Mar 15, 2017 15:49:58 GMT -5
I think it's going to go higher. Today is a counter trend move based on fed liquidity in my opinion. You won't see me buying it. I'm sitting on nice gains from last wed and can sleep quite well in my fcash position. I respect your opinion Las Vegas But can you be a little more specific? Are you thinking VXX heads to 23 range from here on forward? Or are you thinking 30-40 cent pop tomorrow and then drops back down? over next few days?
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Post by Lasvegas77 on Mar 15, 2017 15:54:49 GMT -5
It's too early in the trend for me to try to forecast where it might go to top.
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Post by theMist on Mar 15, 2017 15:57:36 GMT -5
It's too early in the trend for me to try to forecast where it might go to top. Ok - just to be clear -- You mean VXX is trending up? I'm trying to see what your seeing -- can you post a chart? You have me concerned now...
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Post by lasvegas77 on Mar 15, 2017 15:58:27 GMT -5
Maybe you mean S&P counter trend. If so, maybe so, not sure Yes. I'm talking about the snp right now. But i think if the snp goes down the vix etns will likely go up.
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Post by lasvegas77 on Mar 15, 2017 16:00:35 GMT -5
you have the same charts I do mist. No need to post one.
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Post by walnut on Mar 15, 2017 16:07:12 GMT -5
I'm not really seeing any kind of market top yet but who knows you could be right. Sooner or later it will happen. I think VXX is headed on down as it has been, with it's little predictable bounces along the way..I'll sleep fine tonight
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