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Post by walnut on Jan 30, 2017 11:16:25 GMT -5
See how fast that contango number bouces up when VIX falls a little... You need to watch the VIX index pretty close today
IMO VIX>15 is real trouble territory, otherwise the scams will fall back down
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Post by theMist on Jan 30, 2017 11:20:52 GMT -5
Nice! Nice! Nice! Drop like a brick my VIX SCAM babies!!!!!!  |
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Post by walnut on Jan 30, 2017 11:24:48 GMT -5
When VIX index gets over 15, there is a historical probability that it might continue higher to some major bear event. You can get out knowing that it will continue higher and your can resell as it passes back down later, nice and clean. If you trade back and forth at these lower vix levels, you are gonna get whipsawed almost for sure.
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Post by theMist on Jan 30, 2017 11:34:14 GMT -5
Need a nice RED engulfing candle on VXX 15 min chart. Need to negate that green hammer candle. Indicators rolling in our favor. NEED VXX TO DROP BACK UNDER 20 AND STAY THERE SCAMs are still holding a little strong still.  |
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Post by theMist on Jan 30, 2017 11:41:39 GMT -5
COME ON MY VIX SCAM BABIES!! FILL THE MORNING GAP UP AND FLASH RED!!
That would be REAL NICE!!!
Man, I'm going to have to BUY my wife a lot of flowers!!
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Post by Herceg on Jan 30, 2017 11:42:41 GMT -5
Need to break 2275 to upside for scams to really backtrack hard...............JMO and BOL.........
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Post by theMist on Jan 30, 2017 11:46:24 GMT -5
Need to break 2275 to upside for scams to really backtrack hard...............JMO and BOL......... Even if S&P spends the next 2 hours forming a bear flag -- SCAMs will drop especially with contango at 10% That's why shorting SCAMs is so forgiving if you mistime the spikes |
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Post by theMist on Jan 30, 2017 11:47:25 GMT -5
S&P bouncing  |
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Post by theMist on Jan 30, 2017 11:48:43 GMT -5
Walnut - you watching that move in contango?!?
We got this
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Post by walnut on Jan 30, 2017 11:50:34 GMT -5
The vix is the denominator in that equation. Really ought to keep watching that VIX
It's going our way now!
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Post by theMist on Jan 30, 2017 11:59:32 GMT -5
The vix is the denominator in that equation. Really ought to keep watching that VIX It's going our way now! I see both on vixcentral. Yes dropping vix important |
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Post by theMist on Jan 30, 2017 12:02:08 GMT -5
VXX 15 min chart. Want to see VXX stay under 20!!  |
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Post by theMist on Jan 30, 2017 12:07:30 GMT -5
Walnut - the SCAMs rollover red and you'll have to send lunch to my house this week! lol
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Post by walnut on Jan 30, 2017 12:09:07 GMT -5
Does Mcdonalds deliver haha
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Post by theMist on Jan 30, 2017 12:12:06 GMT -5
Honestly, if your watching CNBC -- Trump is the one responsible for these wild swings. Hence, the reason why I think we're going to enter a tough trading environment.
Markets are priced for perfection right now.
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Post by theMist on Jan 30, 2017 12:21:17 GMT -5
Nice! Nice! Come on MY BABIES!! Drop deep in the RED!! TVIX at 5.67 VXX at 19.86 |
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Post by walnut on Jan 30, 2017 12:22:14 GMT -5
I've made enough for lunch
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Post by theMist on Jan 30, 2017 12:25:42 GMT -5
Updated VXX 15 min chart -- should continue to rollover -- look at indicators  |
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Post by theMist on Jan 30, 2017 12:27:41 GMT -5
I've made enough for lunch We'll be eating Steaks by EOD |
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Post by theMist on Jan 30, 2017 12:31:10 GMT -5
In all seriousness, watch VXX 20 level. Needs to stay under it.
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