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Post by lasvegas77 on Nov 8, 2017 12:07:25 GMT -5
Just woke up. Did I miss anything?
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Post by theMist on Nov 8, 2017 12:14:56 GMT -5
Just woke up. Did I miss anything? lol Other than CNBC telling the world about shorting volatility - you really didn't miss anything And that "VXX is designed to go to zero" talking about it AGAIN as I type "will low volatility continue?" put on CNBC |
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Post by lasvegas77 on Nov 8, 2017 12:25:01 GMT -5
The only access I have to cnbc is online as i don't have cable. But i don't think im missing much.
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Post by walnut on Nov 8, 2017 12:25:22 GMT -5
I just heard them talking about "volatility collapsing". I don't think that has been true since the middle of October. And even then, not really more than normal?
Well, the vix is low, that's true. But what do you do with that info? What does CNBC suggest
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Post by theMist on Nov 8, 2017 12:27:49 GMT -5
I'd be concerned if I couldn't get any shares of TVIX, VXX to short. VXX is always available for shorting. As I type, over 38k shares available of TVIX to short A lot of people are not comfortable with shorting. Maybe they're buying XIV. I don't believe its an overcrowded trade and none of the mechanics have changed VXX is still designed to go to zero  |
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Post by theMist on Nov 8, 2017 12:28:41 GMT -5
I just heard them talking about "volatility collapsing". I don't think that has been true since the middle of October. And even then, not really more than normal? Well, the vix is low, that's true. But what do you do with that info? What does CNBC suggest They're probably trying to scare traders and free up more shares lol they were talking about Trump trade and can it last? |
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Post by theMist on Nov 8, 2017 12:58:34 GMT -5
What's your averages guys?
How many shares?
I'm currently short 21k TVIX from yesterday @8.42
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Post by lasvegas77 on Nov 8, 2017 13:04:39 GMT -5
27,830 shares of tvix at 9.09.
vxx 2014 shares at 32.04 because of the spike i covered a few weeks ago.
xiv 700 shares at 106.85
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Post by lasvegas77 on Nov 8, 2017 13:06:00 GMT -5
i have some vxx short at scottrade too.
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Post by theMist on Nov 8, 2017 13:12:00 GMT -5
BB later
gotta run out
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Post by theMist on Nov 8, 2017 14:49:44 GMT -5
Never Fear, theMist is Here! Runter mit den Scams!  TVIX 8.10 |
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Post by theMist on Nov 8, 2017 15:10:55 GMT -5
ROFLMAO
CNBC showing Trump saying "The stock market is at all time highs!" over and over
ever since his election - Jan 2017, June 2017, August 2017, October 24th
lol
FDR has the record at 48% gains for first year
Truman 31% for first year
then Trump 28%
LBJ 25%
George H. Bush 23%
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Post by theMist on Nov 8, 2017 15:25:16 GMT -5
SCAMs should be down in AH this time
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Post by theMist on Nov 8, 2017 15:51:06 GMT -5
Always the last half hour the Scams pop
that sucks
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Post by lasvegas77 on Nov 8, 2017 15:54:11 GMT -5
pretty frustrating. It keeps testing this area.
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Post by theMist on Nov 8, 2017 16:01:00 GMT -5
TVIX better be down in AH
That wasn't the close I wanted and have to be careful that another spike might be in the cards and I'm beginning to think that's the case
TVIX can't break under 8 and stay there
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Post by walnut on Nov 8, 2017 16:32:25 GMT -5
I covered my xiv at about where tvix was 8.10 oh well
Counter trending is frustrating and fairly dangerous
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Post by theMist on Nov 8, 2017 16:42:47 GMT -5
I covered my xiv at about where tvix was 8.10 oh well Counter trending is frustrating and fairly dangerous It was a good exit. Don't think anyone expected TVIX to hit 8 and then reverse and put in green hammer candle I'm covering in AH - trying to get 8.15 out at 8.22 |
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Post by theMist on Nov 8, 2017 17:35:19 GMT -5
VXX Daily chart Might have a little more sideways action but eventually a serious move is going to happen Have to be open to a possible REAL spike before continues downtrend OR VXX simply continues sideways and then finally breaks lower we'll see... Indicators are bullish Don't like that support is holding so well and Vix SCAMs reversed hard off low and put in green hammer candles Also, S&P is overdue for at least a small pullback - just question of when  |
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Post by theMist on Nov 9, 2017 7:21:23 GMT -5
Be careful today guys - this one can have serious legs One of those DOW down 200-300 pt days Overdue for a pullback to neckline - this could be start Possible rising wedge break  |
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