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Post by ipath on Jul 20, 2017 12:44:44 GMT -5
Sold my SLV call options, they made money and made up for losses on being long TVIX.. so now I am pure bear in all my positions. Lot of call options in VXX were opened last 2 weeks expiring tomorrow. So, if that max pain conspiracy is true they will not let it spike before they expire
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Post by ipath on Jul 20, 2017 12:51:03 GMT -5
Mist, what is Jim saying about the current action in SP500?
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Post by theMist on Jul 20, 2017 13:18:44 GMT -5
BTW - this rise in S&P is rising at an annual rate of approx 150% and has been since 7/11
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Post by theMist on Jul 20, 2017 13:20:18 GMT -5
Mist, what is Jim saying about the current action in SP500? Here's yesterday's video
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Post by theMist on Jul 20, 2017 13:37:10 GMT -5
Wow! They actually hit the sell button after all! lol
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Post by ipath on Jul 20, 2017 13:43:45 GMT -5
Thanks for the video Mist
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Post by theMist on Jul 20, 2017 13:50:23 GMT -5
Thanks for the video Mist He's basically saying to keep an open mind Also, the way I see it, S&P can still rise up to upper range of target to SP2500 and this grind can continue for another week or two Also, worse case VXX drops down to 11 When the S&P does sell I will be able to recoup my money as well as make some good money S&P at some point has to drop back down to level prior to this gap up (SP 2417ish) IF (BIG 'IF') it turns out to be the big one, could make a ton of $$ S&P has gone vertical with this climb and has left behind gaps as well as backtests that never happened
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Post by theMist on Jul 20, 2017 13:53:10 GMT -5
VIX Futures As of today, market expecting some turbulence around Sept. Oct. But as you know things can change real fast However, IMO, in short term Volatility is extremely oversold
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Post by theMist on Jul 20, 2017 13:54:28 GMT -5
OJ Simpson is a free man now
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Post by clinton on Jul 20, 2017 13:56:12 GMT -5
some clever funny shit here
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Post by ipath on Jul 20, 2017 14:05:24 GMT -5
Lol clint took me a sec to recognize the image. They are dropping faster than VXX call options
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Post by ipath on Jul 20, 2017 14:09:29 GMT -5
Mist, how do you define the big one. At what point would one able to tell. If it breaks 2400 or 2359 that huh mentioned earlier?
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Post by theMist on Jul 20, 2017 14:14:38 GMT -5
Mist, how do you define the big one. At what point would one able to tell. If it breaks 2400 or 2359 that huh mentioned earlier? I'd be happy with move back down to low SP2400 If that level breaks then should backtest and tap 200dsma currently at SP2312ish that breaks then... possibly 2100 Just a question of how high S&P rises and how long it takes before they hit the sell button to at least take S&P back down to low 2400 area IMO
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Post by theMist on Jul 20, 2017 14:23:53 GMT -5
S&P Hourly indicators threatening to go bearish
S&P can gap down tomorrow and sell -- with VXX gapping up and continue to run S&P looks real toppy now
Might get a nice little spike tomorrow in VXX -- we'll see
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Post by ipath on Jul 20, 2017 14:27:37 GMT -5
I know, 2400 would double my account That's all I am asking for.. very humble I know lol But I am thinking even if we were to witness the big one down to 2300 or lower I would probably cover most of the positions by 2400 and probably miss out on the best the big one had to offer
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Post by theMist on Jul 20, 2017 14:39:08 GMT -5
Speaker RYAN Q&A coming up re Tax Reform
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Post by theMist on Jul 20, 2017 14:54:43 GMT -5
S&P Hourly chart Indicators starting to roll bearish Hopefully a nice gap down with some selling overnight into tomorrow
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Post by theMist on Jul 20, 2017 14:56:58 GMT -5
VXX Daily Chart Riding lower BB - that's why moves to downside right now are small I'm expecting VXX to pop off of that lower BB any day now 10 straight red closes for VXX 10 straight green closes for Nasdaq
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Post by clinton on Jul 25, 2017 8:19:56 GMT -5
Deutsche Bank lifts DSW (NYSE:DSW) and Big Lots (NYSE:BIG) to Buy ratings as it takes a favorable view on the beat up retailers.
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Post by clinton on Jul 26, 2017 8:33:59 GMT -5
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