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Post by theMist on May 4, 2017 10:14:30 GMT -5
shorted 11572 shares of tvix at 28.63 GL my friend Nice to see you posting/trading again
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Post by theMist on May 4, 2017 10:25:26 GMT -5
Huh - I just noticed differences in your S&P Futures charts and mine. Not sure why. Look back specifically at November -- the night of the elections (blue arrow). S&P Futures took a nosedive and then rebounded. I don't know if its settings on your chart S&P Futures Daily Chart
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Post by Herceg on May 4, 2017 10:32:04 GMT -5
It's going to correct, about when everyone gives up looking for it. I remember the 2000 correction just sort of rolled over unannounced, gradually got worse... I have seen many predict a correction as things are out of whack, myself included and have been wrong every time. I heard one recently say that by 2020 - 2022 we will have a HUGE correction with DOW to 6000...............talk about hedging ones bet.............in other words he does not buy into his own BS and giving himself a 3-5 year cushion............Other so-called experts who claim to have called all previous up and down swings have been all wrong as well...........the reality is we may have a pull back here and there but it is up and away...........JMO and BOL...........
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Post by theMist on May 4, 2017 10:40:34 GMT -5
S&P Daily and Hourly ChartsS&P still consolidating in range S&P Daily Chart S&P Hourly Chart
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Post by theMist on May 4, 2017 11:00:02 GMT -5
shorted 11572 shares of tvix at 28.63 LV - you still holding?
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Post by lasvegas77 on May 4, 2017 11:01:38 GMT -5
shorted 11572 shares of tvix at 28.63 LV - you still holding? Yup
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Post by lasvegas77 on May 4, 2017 11:02:50 GMT -5
Should have slept in today.
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Post by theMist on May 4, 2017 11:07:00 GMT -5
Should have slept in today. You have a lot of dry powder to avg up?
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Post by lasvegas77 on May 4, 2017 11:11:04 GMT -5
Won't be averaging up.
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Post by theMist on May 4, 2017 11:21:18 GMT -5
Looking at VXX Daily chart
VXX may be wanting to tag 10sma on daily chart -- currently at 15.13
VXX 14.97 would fill gap down from Monday -- gap 14.89-14.97
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Post by theMist on May 4, 2017 11:34:19 GMT -5
VXX 15 min chartVXX should back test the break at first green arrow at some point if lucky, 2nd arrow tag of moving averages
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Post by ipath on May 4, 2017 11:37:26 GMT -5
Mist, are you initiating any positions?
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Post by theMist on May 4, 2017 11:38:27 GMT -5
Mist, are you initiating any positions? No, I'm looking for higher back test levels for scalping -- low 15s (not saying today BTW) VXX 14.81 currently also trying to help Las Vegas
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Post by theMist on May 4, 2017 11:42:39 GMT -5
VXX backtesting the break now first green arrow target hit hopefully will break through and at least tag moving averages 14.64-14.66ish
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Post by theMist on May 4, 2017 11:53:55 GMT -5
VXX just nailed 2nd arrow target at 14.64 LV - This is why I asked if you had more dry powder. Move was to double down when VXX went green and close out on these backtests Hopefully VXX will continue to roll over and go back to LOD and you can decide what to do from there
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Post by lasvegas77 on May 4, 2017 11:56:47 GMT -5
Yeah, I know. My only reserves were offsite in cash ready for potential margin calls.
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Post by lasvegas77 on May 4, 2017 11:58:20 GMT -5
It appears to me that there was some massive hedging for the vote coming up. And usually politics volatility don't really amount to much at all.
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Post by theMist on May 4, 2017 12:26:39 GMT -5
I'll talk to you guys later
GL LV and rest of gang
Hopefully VIX SCAMs will drop back down to LOD
later-
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Post by lasvegas77 on May 4, 2017 12:31:43 GMT -5
Thanks Mist. Hopefully gets low of the day or more but at least it came back down off the top a lot already.
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Post by Herceg on May 4, 2017 13:54:00 GMT -5
shorted 11572 shares of tvix at 28.63 A perfect example of shorting the scams and staying short..............ride any waves as they come and collect profit when and if one wants one.........
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