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Post by lasvegas77 on Nov 2, 2017 9:32:56 GMT -5
Seems like it was an algo driven reaction to the pressure points. Might be a big V on the snp
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Post by clinton on Nov 2, 2017 9:33:14 GMT -5
Bought some more AKS
was looking at their ER
sales are up
they missed because of a one time cost of buying another company
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Post by theMist on Nov 2, 2017 9:33:46 GMT -5
I had my short order in at TVIX 9.50
no shares TVIX available now with Scottrade
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Post by lasvegas77 on Nov 2, 2017 9:39:50 GMT -5
Mist, You had a tiny chance of that happening. Usually, it pays to short the spike in front of you rather than the one in your dreams.
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Post by lasvegas77 on Nov 2, 2017 9:41:17 GMT -5
My hope is the market rallies on the fed press conference announcement with Trump bringing out Powell and also the tax plan selling at 11:15am.
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Post by lasvegas77 on Nov 2, 2017 9:42:39 GMT -5
tvix nearly never stays green for long the week when it's mid week.
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Post by theMist on Nov 2, 2017 9:44:02 GMT -5
I was going to average in shorting TVIX on the spike in small increments BUT shares go fast and you can never average in on a spike -- it's all or nothing
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Post by walnut on Nov 2, 2017 9:44:17 GMT -5
That's a crazy looking es chart this morning. Not even a V, more like one long red-green candle.
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Post by walnut on Nov 2, 2017 9:46:10 GMT -5
That was too sharp and sudden for me to short.
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Post by lasvegas77 on Nov 2, 2017 9:49:34 GMT -5
That was too sharp and sudden for me to short. You are competing against algos so that makes sense. You have to be in front of them to get a trade in successfully.
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Post by lasvegas77 on Nov 2, 2017 9:50:38 GMT -5
Do you guys notice that the tvix floor has now been lowered against the snp? The snp is still down but tvix is trading about where it was yesterday when the snp was higher.
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Post by walnut on Nov 2, 2017 9:54:28 GMT -5
That was too sharp and sudden for me to short. You are competing against algos so that makes sense. You have to be in front of them to get a trade in successfully. I think using these indicators will actually match the algos tong-term. But you can't beat them at their own game, I know that
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Post by theMist on Nov 2, 2017 9:57:23 GMT -5
Do you guys notice that the tvix floor has now been lowered against the snp? The snp is still down but tvix is trading about where it was yesterday when the snp was higher. I honestly would have thought TVIX would be trading in the 7s right now
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Post by lasvegas77 on Nov 2, 2017 9:59:31 GMT -5
It's only Thursday Mist. Maybe the job numbers tomorrow put it there.
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Post by theMist on Nov 2, 2017 10:00:46 GMT -5
Fired off 14.5 k shares TVIX short @ 8.58
I had it reserved with that limit order at 9.50
make that 16k - shares coming available my phone call earlier helped
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Post by lasvegas77 on Nov 2, 2017 10:03:15 GMT -5
That's one way to do it. Fidelity is pretty good about having shares but you have to pay to borrow those for about 3%.
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Post by walnut on Nov 2, 2017 10:04:17 GMT -5
stoch rolling over but macd not really clear yet
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Post by theMist on Nov 2, 2017 10:05:11 GMT -5
It's always a good idea to lock in shares with a limit order just to have shares reserved Can always lower the limit or make market order
Phone call definitely helped 90k shares TVIX available now for shorting
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Post by walnut on Nov 2, 2017 10:06:02 GMT -5
I still have "buy xiv at 108.76" on my screen, un-transmitted ouch ha ha
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Post by lasvegas77 on Nov 2, 2017 10:10:10 GMT -5
the entitity that was previously lifting tvix appears to have completely disappeared. It was a relentless program and I was sick to my stomach while i felt powerless to do anything other than to watch. But im seeing it have completely disappeared. I feel very comfortable with tvix as it appears to be in its back to normal falling steadily.
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