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Post by theMist on May 8, 2017 12:20:59 GMT -5
I hear ya Herc
And VXX 23 range and TVIX 81 can easily be hit if we get a real correction -- and could even be worse if Bear market
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Post by Herceg on May 8, 2017 12:25:03 GMT -5
I hear ya Herc And VXX 23 range and TVIX 81 can easily be hit if we get a real correction -- and could even be worse if Bear market I used to think that for years, but earnings (depending on sector) are coming in decent...........I believe the consumer is in hell.........but that is another story..............until they want to bring this down for no reason, they will not.................As much as I've heard correction, I've also heard DOW 50K...........I will keep adding to my LT Short on UVXY in increments and let it ride............Hindsight, I would be completely retired had I done it years ago......... |
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Post by theMist on May 8, 2017 12:27:16 GMT -5
spot VIX under 10 definitely stirring up a lot of conversation
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Post by ipath on May 8, 2017 12:36:12 GMT -5
Question for our technical guys: At what point would the break through the resistance of 2400 be confirmed, so that it becomes the new support level?
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Post by GetShort on May 8, 2017 12:39:02 GMT -5
Finally some common sense - All this over analysis by "theMist" is comical. At these levels of contango (9%) it is about an 80% given that VXX/TVIX/UVXY will drop. And your all insistence that these are scams just show how ignorant you are of how they work.
They follow the 30 day VIX future which is dependent on the front and back month VIX Futures which is dependent on the VIX Spot which is dependent on the S&P Put/Call ratio which is somewhat dependent on the S&P - So what part of that is a scam?
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Post by theMist on May 8, 2017 12:40:11 GMT -5
out of VXX short @ 14.04
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Post by walnut on May 8, 2017 12:43:22 GMT -5
Finally some common sense - All this over analysis by "theMist" is comical. At these levels of contango (9%) it is about an 80% given that VXX/TVIX/UVXY will drop. And your all insistence that these are scams just show how ignorant you are of how they work. They follow the 30 day VIX future which is dependent on the front and back month VIX Futures which is dependent on the VIX Spot which is dependent on the S&P Put/Call ratio which is somewhat dependent on the S&P - So what part of that is a scam? You'll be rich in about 20 minutes with that level of understanding! congratulations |
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Post by theMist on May 8, 2017 12:54:36 GMT -5
Finally some common sense - All this over analysis by "theMist" is comical. At these levels of contango (9%) it is about an 80% given that VXX/TVIX/UVXY will drop. And your all insistence that these are scams just show how ignorant you are of how they work. They follow the 30 day VIX future which is dependent on the front and back month VIX Futures which is dependent on the VIX Spot which is dependent on the S&P Put/Call ratio which is somewhat dependent on the S&P - So what part of that is a scam? We trade very heavily on this board and every small move in the VIX SCAMs is big money. Most of us aren't buy and hold long term investor types. Several of us use maximum leverage on our trades -- full day trade buying power. Please, by all means -- The podium is all yours GetShort. We look forward to your calls. BTW - if you don't mind me asking - what do you calculate for the daily drop rates for VXX and TVIX? |
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Post by ipath on May 8, 2017 13:05:34 GMT -5
Finally some common sense - All this over analysis by "theMist" is comical. At these levels of contango (9%) it is about an 80% given that VXX/TVIX/UVXY will drop. And your all insistence that these are scams just show how ignorant you are of how they work. They follow the 30 day VIX future which is dependent on the front and back month VIX Futures which is dependent on the VIX Spot which is dependent on the S&P Put/Call ratio which is somewhat dependent on the S&P - So what part of that is a scam?
First of all, I’ve seen people getting shot when they come to places uninvited and the hostility makes a happy ending even less likely. Second, for you to even start understanding any of what is being said here, you would have to read thousands of lines of daily analysis ad charts. For a person who can put all their knowledge on the VIX scams in one short comment, you should be more humble and try to learn when you find ppl who know much more than you.
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Post by lasvegas77 on May 8, 2017 13:09:28 GMT -5
The getshort is clearly knowledgeable about how the vix etns work. I'm impressed by what he said despite the trollish tone. I'm curious about what his personal returns have been.
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Post by lasvegas77 on May 8, 2017 13:16:09 GMT -5
So far having one of my best days of the year on a red day for the main market.
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Post by theMist on May 8, 2017 13:17:34 GMT -5
So far having one of my best days of the year on a red day for the main market. You didn't hesitate to short TVIX when the market opened and you have a fantastic avg. Awesome trading! |
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Post by lasvegas77 on May 8, 2017 13:19:13 GMT -5
Thanks Mist. I actually got in on the pre market. There weren't' shares immediately available but they did eventually come.
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Post by theMist on May 8, 2017 13:49:37 GMT -5
VXX 15 min chartIndicators went bullish and VXX popped off of current lod 14.01 VXX curling back up a little and might want to get back up to 20EMA at 14.11 and with final hour coming up might even make run to upper BB at 14.19ish Final hour can be tricky VXX currently trading at 14.07 
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Post by ipath on May 8, 2017 14:06:45 GMT -5
Because of the people like today's uninvited guest, when shit hits the ceiling and they start getting margin calls the forced covering of the shorts will squeeze them scams to the sky. The market makers need to clear the air, the VIX shorting room is getting too crowded.
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Post by theMist on May 8, 2017 14:15:15 GMT -5
Because of the people like today's uninvited guest, when shit hits the ceiling and they start getting margin calls the forced covering of the shorts will squeeze them scams to the sky. The market makers need to clear the air, the VIX shorting room is getting too crowded. They forget or don't realize that the VIX ETPs have only been around during this Bull market -- and people have long forgotten what a REAL correction is like. Yes, the VIX ETPs are in a downtrend but during a REAL correction that spike (that is counter to its trend) can be real nasty. TVIX, UVXY can easily go up more than 550% during a REAL correction and during the last Bear market (if they had been in existence), TVIX, UVXY would have gone up by 15X according to calculations by Six Figure Investing. |
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Post by walnut on May 8, 2017 14:32:42 GMT -5
If only you could just go short and relax...
All hedges cost more than they are worth. There really is no easy answer. Anyone making money consistently long-term with VIX ETNs is earning it with very high quality trading.
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Post by theMist on May 8, 2017 14:51:25 GMT -5
And there's VXX 14.11 and then hit UPPER BB on 15 min at VXX 14.17 Talk to you guys later-  |
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Post by lasvegas77 on May 8, 2017 15:02:44 GMT -5
See you tomorrow at 13.85 tomorrow Mist.  |
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Post by theMist on May 8, 2017 18:41:59 GMT -5
See you tomorrow at 13.85 tomorrow Mist.  |
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