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Post by theMist on Nov 7, 2017 11:59:14 GMT -5
Seems like that iHS target was actually a real thing lmao - nah, I'm just making this stuff up roflmao
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Post by theMist on Nov 7, 2017 12:00:04 GMT -5
Scottrade already out of shares of TVIX
I had a limit order in all morning at 9.50 - just to reserve shares
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Post by theMist on Nov 7, 2017 12:01:26 GMT -5
shorted 18,000 tvix @ 8.44
called Scottrade - they tracked down 35k more shares shares going fast - now only 16k available another phone to Scottrade lol too many traders know the trade now
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Post by walnut on Nov 7, 2017 12:13:17 GMT -5
Even IB is low on tvix, no uvxy
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Post by theMist on Nov 7, 2017 12:15:12 GMT -5
no uvxy in a long time with Scottrade Scottrade now set aside another 17k and reserved only for my account shorted another 3k - total 21k short TVIX @ 8.43ish avg
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Post by lasvegas77 on Nov 7, 2017 12:25:14 GMT -5
Tvix up for the week should not last long
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Post by lasvegas77 on Nov 7, 2017 12:30:28 GMT -5
Added a little more vxx at 33.93
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Post by lasvegas77 on Nov 7, 2017 12:35:18 GMT -5
I remember tvix in the 12 range and calling for tvix between 4-5 by the end of the year. Still think it will get there.
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Post by theMist on Nov 7, 2017 12:48:21 GMT -5
Being that we have no patterns to trade off of now - as Jim would say, we need to watch channel lines and support/resistance levels S&P Hourly chart Here is the channel the S&P has been ever since forming the iH&S back in late August early September This rising channel is within an even larger rising channel off the 2009 lows Keep in mind that the iH&S target is also a minimum target - markets can still reach higher before a real pullback
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Post by theMist on Nov 7, 2017 13:12:39 GMT -5
BB in few
Finally can jump in shower - was waiting all morning and yesterday for that small spike
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Post by lasvegas77 on Nov 7, 2017 13:28:49 GMT -5
Sometimes i bring my phone into the shower so i can watch the futures.
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Post by walnut on Nov 7, 2017 13:29:41 GMT -5
Interesting that tvix has settled back on that original, higher long term trend line it was on a few days ago. Need to get below that for sure
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Post by lasvegas77 on Nov 7, 2017 13:33:29 GMT -5
Earlier i said tvix should not be green for the week long. Well, i was right. From up 2% to now red again.
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Post by walnut on Nov 7, 2017 13:35:10 GMT -5
Interesting that tvix has settled back on that original, higher long term trend line it was on a few days ago. Need to get below that for sure And it did
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Post by theMist on Nov 7, 2017 13:45:05 GMT -5
Sometimes i bring my phone into the shower so i can watch the futures. lmao - I do the same thing was taking quick glances at TVIX price while in shower
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Post by theMist on Nov 7, 2017 13:53:10 GMT -5
Only 14k TVIX available now with Scottrade
I guess they really needed some shares - had more reserved in my account - sneaky lol
another phone call to local branch lol
would like ability to cover and reshort if needed - this whole hard to borrow issue is causing me to trade less
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Post by theMist on Nov 7, 2017 13:58:46 GMT -5
Have to watch just in case S&P decides to take a 2nd leg lower to SP2580-82 area -- came a little short and hit SP2584ish
Realistically, if it does I don't expect much of a pop in TVIX with 12% contango
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Post by theMist on Nov 7, 2017 14:28:53 GMT -5
Take 'em down already! Still counter-trending up and need a REAL rollover! TVIX 8.38
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Post by walnut on Nov 7, 2017 14:41:33 GMT -5
I still haven't sold but would like to
Not wanting to see vxx trending higher into the closing hour
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Post by theMist on Nov 7, 2017 14:54:28 GMT -5
Is anything going on with tax reform tomorrow?
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