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Post by theMist on Mar 30, 2017 9:39:30 GMT -5
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Post by theMist on Mar 30, 2017 9:44:03 GMT -5
I think that's all for VIX scams for today and probably VXX will close with a small doji on Daily chart and close slightly green. IMO VXX is overdue for a green close on daily chart
I really would like to see VIX SCAMs spike again this afternoon and take out HOD (VXX 15.66)
no positions
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Post by theMist on Mar 30, 2017 9:52:25 GMT -5
VXX looks like it wants to take another run at HOD (currently 15.66) and should IMO
VXX 15.55
if we get that late day pop in VXX -- could hit VXX 15.74 area and we honestly need it to from short perspective
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Post by theMist on Mar 30, 2017 10:16:10 GMT -5
talk to you guys later
bored watching
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Post by theMist on Mar 30, 2017 10:49:51 GMT -5
Finally getting a little action
VIX SCAMs like to spike in 3s -- so that was 2 spikes today so far first spike 15.66 second spike 15.69
I believe 3rd quick spike will take VXX to minimum 15.75 area
VXX 15.61
Also, it is possible that this 2nd spike isn't done yet watching VXX 15 min
yeah, this is starting to look like this is still the 2nd spike VXX never coiled back far enough...we'll see
regardless VXX is headed to at least 15.75ish area IMO
VXX 15.63
contango dropping to 3%
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Post by theMist on Mar 30, 2017 11:15:48 GMT -5
Funny how I put my Bull avatar back on and market starts to sell. lol Regardless if we drop back down now or not and if we do correct, the trend is still Bullish off the 2009 lows Anyway, Bulls are still not out of trouble just yet -- for that to happen S&P would have to get to new all time highs at 2401 this market can spill over again very easily and I'm watching contango drop to around 3% - not sure if that is an indication of things to come or simply will re-adjust and fix itself like it has so many times before so jury is still out... image upload no resize
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Post by lasvegas77 on Mar 30, 2017 11:24:05 GMT -5
shorted 19000 uvxy at 17.74
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Post by lasvegas77 on Mar 30, 2017 11:25:36 GMT -5
15.75
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Post by theMist on Mar 30, 2017 11:26:11 GMT -5
shorted 19000 uvxy at 17.74 That would be a dream Las Vegas -- you'd be up approx 38k right now lol - just saw your corrected post but I believe VIX SCAMs will spike a little higher still -- thinking VXX gets up to 15.70-80 range at least for quick spike - what it does after that is anyones guess and depends on charts VXX Hourly 20ema is at 15.74
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Post by lasvegas77 on Mar 30, 2017 11:26:53 GMT -5
haha. ya. sorry for the typo.
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Post by theMist on Mar 30, 2017 11:34:55 GMT -5
good trade so far Las Vegas
looks like 2nd spike is over - wonder if will see 3rd spike in VXX later this afternoon maybe in final hour
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Post by lasvegas77 on Mar 30, 2017 11:35:57 GMT -5
Yeah, so far. It took some real self control not getting in earlier. I watched from bed but didn't like how it was trading so much so didn't bother.
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Post by theMist on Mar 30, 2017 11:37:23 GMT -5
Yeah, so far. It took some real self control not getting in earlier. I watched from bed but didn't like how it was trading so much so didn't bother. yeah - they're rising with S&P - not good sign be careful
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Post by theMist on Mar 30, 2017 11:56:16 GMT -5
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Post by theMist on Mar 30, 2017 12:11:40 GMT -5
BTW - even if VXX quickly spikes to 15.70-82 area - I'm sure it will drop back down real fast
or it could just continue to roll over right where it is now
VXX 15.58
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Post by theMist on Mar 30, 2017 12:44:37 GMT -5
BB little bit
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Post by lasvegas77 on Mar 30, 2017 12:46:27 GMT -5
I'm out at 15.69. I didn't realize that there's a 200% margin requirement on that at fidelity. It's weird because it's only 100% on tvix but there were no shares. I had an imminent margin call so i was happy to take any gain i had today. Up $990. Not bad but could have done a little better.
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Post by lasvegas77 on Mar 30, 2017 12:52:21 GMT -5
Wow, I looked at the executions for that buy to cover order. It was 65 transactions. All for the $4.95 trade.
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Post by lasvegas77 on Mar 30, 2017 13:03:41 GMT -5
I think it might be a good time to take a three day weekend. We'll see.
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Post by theMist on Mar 30, 2017 13:03:46 GMT -5
I'm out at 15.69. I didn't realize that there's a 200% margin requirement on that at fidelity. It's weird because it's only 100% on tvix but there were no shares. I had an imminent margin call so i was happy to take any gain i had today. Up $990. Not bad but could have done a little better. wow - that is a lot high margin requirement
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