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Post by Herceg on Aug 11, 2017 9:04:59 GMT -5
walnut, I don't know if you read my post from yesterday.. They changing the requirements again on Sat, restricting them further Yes, the way I understand it is that they raised the initial margin this week and they are raising their maintenance margin next week. I think I am deferring to their judgement on the risk of vix products for the moment, they might know best. But if they don't raise those margins back up after the correction I will have to move. Almost makes you wonder if they know something......................................Damn conspiracy theories....
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Post by huh on Aug 11, 2017 9:13:27 GMT -5
Well, so much for the +7 resistance
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Post by walnut on Aug 11, 2017 9:23:18 GMT -5
Yes, the way I understand it is that they raised the initial margin this week and they are raising their maintenance margin next week. I think I am deferring to their judgement on the risk of vix products for the moment, they might know best. But if they don't raise those margins back up after the correction I will have to move. Almost makes you wonder if they know something......................................Damn conspiracy theories.... Absolutely, I am inclined to trust IB if they think market is getting riskier. They have the resources and brainpower to make good decisions.
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Post by theMist on Aug 11, 2017 9:24:45 GMT -5
S&P Daily chart quick notes: take a look at yellow rising support line we're backtesting it as I type question is does S&P jump back above it today, Monday and puts in a bounce then reshort markets? S&P is also outside lower BB Or does it consolidate underneath it today, Monday and rolls over look at previous move below line Indicators still bearish on S&P Daily and we still have slight backwardation But that doesn't guarantee will stay that way I still believe markets will head down to SP2400 area BUT that doesn't mean it won't be without bounces and swings in the VIX SCAMs EOD going to be very interesting
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Post by huh on Aug 11, 2017 9:26:05 GMT -5
This is a pretty sad rally considering the last 3 days of selling. I think ES will revisit this morning's lows, then lower
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Post by clinton on Aug 11, 2017 9:29:01 GMT -5
Im really amazed how dollar sensitive stocks are ignoring the dollar dropping every day
crazy shit Ive seen
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Post by theMist on Aug 11, 2017 9:48:08 GMT -5
sold all VXX above 13
locked in over 50k profit
BTW -- IRA still bearish
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Post by walnut on Aug 11, 2017 9:54:06 GMT -5
awesome This correction a disappointment so far edit- not a disappointment to "The Mist" who made out like a bandit yesterday
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Post by theMist on Aug 11, 2017 9:58:53 GMT -5
awesome This correction a disappointment so far VXX 4 HR is way above its upper BB to get back to tapping upper BB would mean VXX hits 12.84ish Market has been very forgiving to Bulls I wanted to see DOW down another 100 at the open and of course never happened not saying selling is done but I think S&P will put in a bigger bounce still IMO Will also give LV a better chance to get out of his short TVIX position I'm expecting VXX lod to be at least in 12.80 range...we'll see...
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Post by walnut on Aug 11, 2017 10:04:24 GMT -5
awesome This correction a disappointment so far VXX 4 HR is way above its upper BB to get back to tapping upper BB would mean VXX hits 12.84ish Market has been very forgiving to Bulls I wanted to see DOW down another 100 at the open and of course never happened not saying selling is done but I think S&P will put in a bigger bounce still IMO Will also give LV a better chance to get out of his short TVIX position I'm expecting VXX lod to be at least in 12.80 range...we'll see... I think LV said he got out sometime yesterday
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Post by ipath on Aug 11, 2017 10:11:33 GMT -5
yes that was my understanding too
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Post by theMist on Aug 11, 2017 10:14:02 GMT -5
S&P Daily chart At some point, S&P should backtest the 10dsma as well questions is when and at what point Do markets selloff into close and early next week and pull on the moving averages much further down and then taps it? Or does S&P break above resistance and does it today going into Monday So, I see SP at inflection point and we didn't get the follow thru from yesterday (and doesn't mean we can't going into the close) BUT the smart move is to take profits and take wait and see approach which is what I've done
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Post by walnut on Aug 11, 2017 10:17:03 GMT -5
Seems like VXX is bottoming out, ready for another run, big or small.
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Post by theMist on Aug 11, 2017 10:33:15 GMT -5
Seems like VXX is bottoming out, ready for another run, big or small. one thing for sure -- today is a dangerous day to trade whipsawing back and forth - fight between bulls and bears I'll stay sidelined BTW - staying Bearish in IRA
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Post by Herceg on Aug 11, 2017 10:46:49 GMT -5
I cannot see this staying up with all the fear still out there..............JMO and BOL......
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Post by theMist on Aug 11, 2017 11:08:13 GMT -5
Kevin O'Leary (Mr. Wonderful) is giving VXX the kiss of death lol
He bought VXX
talk to you guys later
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Post by theMist on Aug 11, 2017 11:28:11 GMT -5
Before I step away Here is S&P Hourly futures The move so far is a repeat of many moves before S&P bounces after one day selloff and then rises up to hit UPPER BB then sells off with next candle and then rises back up (whipsaw action) In the past, S&P would always shake out to the upside and futures hourly indicators bullish So, could be wrong, but my instincts are saying that this bounce in markets isn't over yet for today. Also, S&P Hourly on cash charts are curling up..we'll see Final Hour will be important But so far I'm disappointed that markets didn't open up down big and follow thru from yesterday
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Post by ipath on Aug 11, 2017 12:01:25 GMT -5
does anyone know why XIV is down at the same time when VXX is down?
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Post by theMist on Aug 11, 2017 12:07:49 GMT -5
does anyone know why XIV is down at the same time when VXX is down? Wow - didn't notice that until you pointed it out Call your broker
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Post by lasvegas77 on Aug 11, 2017 12:27:31 GMT -5
does anyone know why XIV is down at the same time when VXX is down? This often happens after a mega spike on the vix. It's natural decay of the instrument. It's the cost of holding this during those spikes. It's also partly why you get an advantage holding a short on vxx or tvix instead. You don't have to worry about margin calls ever with xiv unless you go over your cash you have though.
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