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Post by theMist on Oct 25, 2017 14:28:50 GMT -5
Amazingly resilient Bull market
Dow was down about 200 pts by 1pm EST and now down 95
BTW - If VXX closes right around where it opened (VXX 35.62) that would be a gravestone doji or shooting start candle with a very long upper wick
And could mean new all time lows yet again for VIX SCAMs
and we still have S&P iH&S target SP2590 range
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Post by walnut on Oct 25, 2017 14:38:05 GMT -5
Need a good close to set up a nice gap down for vxx tomorrow.
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Post by birthmark on Oct 25, 2017 14:48:49 GMT -5
Hope Birth sold his UVXY long position Thx Mist. My sell order triggered at 19. I was out all day (running errands) Crazy market. Still think there's more down coming but not today. GL
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Post by theMist on Oct 25, 2017 15:01:19 GMT -5
Ya just can't make this stuff up
UVXY closed right where I shorted it @17.65 lmao but should drop in AH
BTW - nice trading Birth
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Post by walnut on Oct 25, 2017 15:04:49 GMT -5
You're up now Mist haha
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Post by theMist on Oct 25, 2017 15:10:41 GMT -5
Thx Walnut I'm going to hold overnight -- looks like another VXX speed bump -- while S&P heads to SP2590 range talk to you guys later-
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Post by lasvegas77 on Oct 25, 2017 15:56:22 GMT -5
Wtf?
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Post by theMist on Oct 25, 2017 15:59:44 GMT -5
yeah - I know the feeling LV Just when you thought a real selloff was coming....shave another 10% off the VIX SCAMs lol
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Post by walnut on Oct 25, 2017 17:26:52 GMT -5
A little over 9% implied 30 day drop for vxx by current vix futures prices spot, m1 and m2. So not quite as bad as the weak contango makes it seem. But not good yet.
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