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Post by theMist on Apr 24, 2017 14:56:54 GMT -5
By the way Mist, I see you wrote about tvix would have likely gone up 15x in the last by 15x. I do agree it would likely spike that much. I think last time i looked it went up 700-800% during the Euro crisis. I beileve that was a mere correction for the market if i remember correctly. So could go even higher than 15x i believe in a real serious bear market. That was an estimate by six figure investing for last Bear market if VIX ETPs had been in existence. But I definitely agree, the next Bear market can make the last one look like a picnic lol
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Post by lasvegas77 on Apr 24, 2017 14:59:20 GMT -5
By the way Mist, I see you wrote about tvix would have likely gone up 15x in the last by 15x. I do agree it would likely spike that much. I think last time i looked it went up 700-800% during the Euro crisis. I beileve that was a mere correction for the market if i remember correctly. So could go even higher than 15x i believe in a real serious bear market. That was an estimate by six figure investing for last Bear market if VIX ETPs had been in existence. But I definitely agree, the next Bear market can make the last one look like a picnic lol Another day like today and vix will be trading at 8.
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Post by theMist on Apr 24, 2017 15:18:10 GMT -5
If S&P gets above 2401 then you can forget about correction or even a small move down to SP2300 along with filling the gap to SP2320
And if S&P hits that large inverse H&S Target of SP2470ish (without backtesting SP2300 first) then I believe it will be the mother of all Bear opportunities IMO
And VXX gap in 23 range will be filled with possibly a Bear market (not correction) -- after hitting that large inverse H&S target at SP2470ish
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Post by huh on Apr 24, 2017 19:39:06 GMT -5
Well, if that was a baited move, somebody forgot to set the hook!
Wow, what a difference one gap up can make
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Post by theMist on Apr 24, 2017 19:52:38 GMT -5
Well, if that was a baited move, somebody forgot to set the hook! Wow, what a difference one gap up can make It's a new market every day
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