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Post by theMist on Aug 30, 2017 9:35:53 GMT -5
Come on my babies!! VXX take out 47.05!! VXX Hourly indicators trying to go bearish  VXX 47.46 |
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Post by theMist on Aug 30, 2017 9:43:05 GMT -5
S&P struggling so far to get above resistance
Hopefully your right iPath and we get good news that gives S&P that extra push
SP 2452
S&P finally breaking out now!!
S&P needs to get above 20dsma 2453ish and stay there
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Post by ipath on Aug 30, 2017 9:51:50 GMT -5
The SCAMS very disrespectful of snp's move 😐
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Post by walnut on Aug 30, 2017 9:52:01 GMT -5
Mist you must be up pretty good
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Post by walnut on Aug 30, 2017 9:52:50 GMT -5
The SCAMS very disrespectful of snp's move 😐 Yeah if scams don't want to drop better be careful |
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Post by theMist on Aug 30, 2017 9:54:56 GMT -5
Covered at 47.48
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Post by theMist on Aug 30, 2017 9:55:47 GMT -5
Mist you must be up pretty good thx my friend -- I know this is your way of saying TAKE PROFITS!!! I'm with ya  |
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Post by walnut on Aug 30, 2017 9:57:20 GMT -5
Mist you must be up pretty good thx my friend -- I know this is your way of saying TAKE PROFITS!!! I'm with ya we are at the bottom of a stochastic cycle, so yes that's what I was saying. Doesn't mean it can't keep dropping but yes take profits |
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Post by theMist on Aug 30, 2017 9:58:26 GMT -5
It seems like VXX low 47s can still be a launch pad for a spike
Until 47.05 is broken -- VXX is dangerous still IMO
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Post by ipath on Aug 30, 2017 10:02:28 GMT -5
That's true walnut 👍 What also concerns me is that everyone is talking about shorting. On cover of magazines and newspapers the main stories are about shorting volatility. They will have to flush out small fishes with a spike that will wipe out most.
A move like that has to happen over night so that no one has time to cover
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Post by ipath on Aug 30, 2017 10:07:19 GMT -5
When a strategy that works gets too much publicity that's usually the end of it. Hope this won't be the case here
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Post by walnut on Aug 30, 2017 10:10:22 GMT -5
That's true walnut 👍 What also concerns me is that everyone is talking about shorting. On cover of magazines and newspapers the main stories are about shorting volatility. They will have to flush out small fishes with a spike that will wipe out most. A move like that has to happen over night so that no one has time to cover You should try to find a way to shift to day trading strategies IMO before its too late. |
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Post by theMist on Aug 30, 2017 10:10:35 GMT -5
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Post by ipath on Aug 30, 2017 10:13:59 GMT -5
That's true walnut 👍 What also concerns me is that everyone is talking about shorting. On cover of magazines and newspapers the main stories are about shorting volatility. They will have to flush out small fishes with a spike that will wipe out most. A move like that has to happen over night so that no one has time to cover You should try to find a way to shift to day trading strategies IMO before its too late. That's why I deal more with long term options and XIV SO I CANT GET WIPED OUT |
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Post by ipath on Aug 30, 2017 10:18:20 GMT -5
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Post by walnut on Aug 30, 2017 10:19:12 GMT -5
VXX still seems like it is floating up. Didn't even make it to Monday's close. maybe it will settle down who knows
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Post by ipath on Aug 30, 2017 10:25:37 GMT -5
But I definitely agree with you walnut I need to try to do more day trading and less or no overnight holding. Especially in this time of NK and Trump unpredictability
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Post by walnut on Aug 30, 2017 10:28:37 GMT -5
Yeah, or your tombstone will eventually read "held overnight" haha
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Post by walnut on Aug 30, 2017 10:33:26 GMT -5
Actually, the BIG 2015 correction developed over mid morning and afternoon one day, not over night. But it could happen over night and it would be hard to protect yourself obviously if it did.
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Post by theMist on Aug 30, 2017 10:50:19 GMT -5
Yeah, or your tombstone will eventually read "held overnight" haha that is too funny |
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