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Post by ipath on Aug 17, 2017 9:26:53 GMT -5
that's why the scams are so sensitive because they are not letting ppl short them
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Post by theMist on Aug 17, 2017 9:28:24 GMT -5
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Post by theMist on Aug 17, 2017 9:31:55 GMT -5
Thank You Jesus all I have to say
S&P bounced hard at SP2451
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Post by Herceg on Aug 17, 2017 9:32:27 GMT -5
lol markets sold on Trump tweet Still moving...............eyeing VXX as no shares available on TVIX and UVXY at Scottrade........... Managed 1k at 12.52 and cover at 12.32..............wishing and hoping for another pop............ |
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Post by ipath on Aug 17, 2017 9:36:17 GMT -5
Still moving...............eyeing VXX as no shares available on TVIX and UVXY at Scottrade........... Managed 1k at 12.52 and cover at 12.32..............wishing and hoping for another pop............ Those are evil wishes my friend  |
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Post by Herceg on Aug 17, 2017 9:40:35 GMT -5
Managed 1k at 12.52 and cover at 12.32..............wishing and hoping for another pop............ Those are evil wishes my friend LOL............I hate holding these way too long due to these whipsaws.................My UVXY short I slowly added shorts in small increments and just allowed them to take their course with reverse splits.................We all know these will be back down but my blood pressure will not be good............. |
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Post by theMist on Aug 17, 2017 10:01:47 GMT -5
Walnut - you trading?
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Post by walnut on Aug 17, 2017 10:07:24 GMT -5
Planned on it but been dealing with work issues. Looked like an easy vxx short 30 minutes ago
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Post by walnut on Aug 17, 2017 10:32:01 GMT -5
Probably another small hump on vxx is happening and then down
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Post by ipath on Aug 17, 2017 11:00:15 GMT -5
Generally my rule is to cover any short positions in vix scams or even go long when I notice countertrending. And yesterday I already had a bad feeling about it.. luckily reduced my position a bit but should've listened to the instinct
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Post by ipath on Aug 17, 2017 11:13:02 GMT -5
Mist, whats the plan? What are the technical indicators saying, is this likely to get worse before it gets better?
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Post by theMist on Aug 17, 2017 11:18:00 GMT -5
Mist, whats the plan? What are the technical indicators saying, is this likely to get worse before it gets better? Gap support for S&P at SP2444 area And to be honest, I'm amazed that VXX isn't a lot higher which could be a good sign VXX 12.61 I should have lightened up with that last drop in VXX -- still holding full position News media is doing a great job spreading the fear I'm staying the course |
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Post by Herceg on Aug 17, 2017 11:19:00 GMT -5
Tempted to get back in but the bear sentiment seems strong and don't want to get stuck.............may do something with small short by EOD depending on mkt. sentiment or I could just miss it all together..............JMO and BOL
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Post by Herceg on Aug 17, 2017 11:20:18 GMT -5
I see 2435 as next big support if it was to get that low in the near future............
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Post by walnut on Aug 17, 2017 11:22:53 GMT -5
CNBC is more or less promoting fear and gloom for the last hour. I didn't follow the news while I was gone. It was great. I see people are having a conniption because Trump said "both sides at fault" last week? Sheesh, lets all freak out.
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Post by theMist on Aug 17, 2017 11:23:09 GMT -5
Come on my Babies!! Drop back down to low 12!! Gotta keep pounding the VIX SCAMs VXX 12.58  |
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Post by walnut on Aug 17, 2017 11:27:57 GMT -5
Notification - Margin Requirement Change for Volatility Products
VIX (the CBOE Volatility Index) has established new all-time lows over the course of the past month. The price dynamics of that product are such that it can have very large relative price increases over a very short period of time base on news and other market factors. In recognition of the special risk of sudden, large increases in market volatility, that is inherent in Volatility Products such as VIX, Interactive Brokers will put into place greater margin requirements for Volatility Products after expiration processing on Saturday, 19 August 2017.
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Post by ipath on Aug 17, 2017 11:29:16 GMT -5
Contango still there, only 2.56% but its there. the scams are not very sensitive on the move in the market. Even yesterday whichever way the market moved they barely reacted.. or at least they didn't react the way they usually would.
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Post by walnut on Aug 17, 2017 11:30:43 GMT -5
So their reasoning is, that when vix hits extreme low numbers, risk is actually elevated. It has seemed to be that way, when vix is in the 9's, the scams are sensitive to news items.
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Post by walnut on Aug 17, 2017 11:31:30 GMT -5
Shorted some VXX, hope the gloom blows over
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