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Post by lasvegas77 on Aug 29, 2017 9:41:27 GMT -5
Seems like nothing will trigger any significant correction for the time being. I think it's the mechanics of the market. The big sellers can't sell too close to a three day weekend because the volume shrinks too much and the sellers don't really want terrible prices.
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Post by Herceg on Aug 29, 2017 9:42:21 GMT -5
This is more like it. If the market is kind, i might be able to catch up on some sleep. I think i got one or two hours max last night as i was watching the fear up 20%! Market is definitely very forgiving to Bulls / volatility shorts I took half off table Definitely not the big one yet I don't think we will ever see the big one anymore...........Unfortunately............short scams and move on with life it seems......
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Post by lasvegas77 on Aug 29, 2017 9:42:40 GMT -5
If somehow tvix plunges 20% this week, im probably taking another vacation guys.
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Post by lasvegas77 on Aug 29, 2017 9:45:04 GMT -5
This is why buying the vix etns on news usually doesn't work. Mist might be on to something only buying it on the pre market and after hours though.
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Post by walnut on Aug 29, 2017 9:46:47 GMT -5
If somehow tvix plunges 20% this week, im probably taking another vacation guys. You may or may not be out of the woods. I hope you are safe now.
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Post by lasvegas77 on Aug 29, 2017 9:50:54 GMT -5
It would help a lot if the snp can take back the 50 day line around 2450. That would likely make the vix red very hard on the day.
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Post by lasvegas77 on Aug 29, 2017 9:53:08 GMT -5
By the way, the tvix is now back at the range it was in on Friday already.
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Post by walnut on Aug 29, 2017 9:53:09 GMT -5
ES is flying now
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Post by theMist on Aug 29, 2017 9:53:57 GMT -5
BTW - that S&P Hourly candle is completely outside its lower BB and look like markets were saved for now
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Post by walnut on Aug 29, 2017 9:54:43 GMT -5
My vxx stochastic has crossed but I don't like how it looks, think VXX will rise again before a nice fall
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Post by lasvegas77 on Aug 29, 2017 9:58:15 GMT -5
The McCllellan oscilator turning positive after being negative a long time was one indication that the market is gaining strength.
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Post by theMist on Aug 29, 2017 9:59:31 GMT -5
If somehow tvix plunges 20% this week, im probably taking another vacation guys. VXX needs to break below those 2 red hollow candles to be out of the woods -- 46.32, 47.05 until it does -- still dangerous
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Post by theMist on Aug 29, 2017 10:08:25 GMT -5
Cashed out -- up around 15k
could have been better but not bad I'll take it
too bad can't trade and short VXX now lol
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Post by walnut on Aug 29, 2017 10:08:35 GMT -5
With that vxx selling in the last 5 minutes I think the worst is now over
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Post by walnut on Aug 29, 2017 10:09:06 GMT -5
I missed that cross and I should have been ready the moment I knew it was time, dangit
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Post by theMist on Aug 29, 2017 10:09:28 GMT -5
With that vxx selling in the last 5 minutes I think the worst is now over markets bounced hard -- going green whipsaw action only -- never a sustained move
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Post by clinton on Aug 29, 2017 10:11:50 GMT -5
I know many make fun of Keynesian economics, but this flood will trigger massive spending. Plywood stock, WY, HD, LOWS will probably do well in future
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Post by lasvegas77 on Aug 29, 2017 10:12:25 GMT -5
Mist, you waited this long to sell your vxx? that's still an impressive gain if so but wow!
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Post by theMist on Aug 29, 2017 10:17:09 GMT -5
Mist, you waited this long to sell your vxx? that's still an impressive gain if so but wow! I sold SOXS early on and then little later sold 4k VXX Dumped last 4k VXX at 48.60 Wish I would have dumped all real fast at the open... oh well Who knew markets would go green after being down 150 overnight and with Europe down 1% -- so much for following Europe lol
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Post by lasvegas77 on Aug 29, 2017 10:18:32 GMT -5
Mist, you waited this long to sell your vxx? that's still an impressive gain if so but wow! I sold SOXS early on and then little later sold 4k VXX Dumped last 4k VXX at 48.60 Wish I would have dumped all real fast at the open... oh well Who knew markets would go green after being down 150 overnight and with Europe down 1% -- so much for following Europe lol I was hoping for it! haha
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