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Post by theMist on Feb 6, 2017 13:18:56 GMT -5
Trump on CNBC - it's not going to stop - everyday. lol
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Post by theMist on Feb 6, 2017 13:21:19 GMT -5
VXX testing that descending channel upper resistance line as I type. Watching VXX 15 min
Want to see VXX turn lower
VXX 18.96, TVIX 5.17
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Post by theMist on Feb 6, 2017 13:30:04 GMT -5
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Post by theMist on Feb 6, 2017 13:34:46 GMT -5
Great -- more Trump coming up!!!
Need SCAMs to drop lower!
VXX 18.95, TVIX 5.16
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Post by walnut on Feb 6, 2017 13:37:32 GMT -5
The Trump lunch fade is really a "thing"
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Post by theMist on Feb 6, 2017 13:42:34 GMT -5
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Post by theMist on Feb 6, 2017 13:48:55 GMT -5
Trump on TV again Come on my babies!! VXX 18.93, TVIX 5.15
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Post by theMist on Feb 6, 2017 13:51:23 GMT -5
The Trump lunch fade is really a "thing" I think this one was unplanned / unnannounced. Speaking from Centcom
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Post by walnut on Feb 6, 2017 13:55:41 GMT -5
I bet it was known by noon when the SP-500 turned kinda ugly. Who knows
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Post by theMist on Feb 6, 2017 13:59:35 GMT -5
So far looking like good call to short SCAMs at tag of that red upper resistance line of descending channel.
I have max position on now -- still have to watch it very closely
50k short TVIX now
VXX 18.89, TVIX 5.13
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Post by theMist on Feb 6, 2017 14:00:48 GMT -5
I bet it was known by noon when the SP-500 turned kinda ugly. Who knows without a doubt -- traders in the 'know' frontrunned it. took a little off the table just in case. lol
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Post by walnut on Feb 6, 2017 14:02:35 GMT -5
His talk of big defense spending is going to help this afternoon I hope
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Post by theMist on Feb 6, 2017 14:03:50 GMT -5
His talk of big defense spending is going to help this afternoon I hope me too -- I'm looking to take profits at some point S&P put in green hammer candle and bounced off support - needs confirmation -- will know by 3pm EST Remember, I said earlier S&P could possibly see S&P 2286-S&P2289 S&P lod so far SP 2288.57
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Post by theMist on Feb 6, 2017 14:10:34 GMT -5
VXX 15 min For the naysayers -- VXX just happened (by coincidence) to decide to turn back down when it hit that red upper resistance of descending channel! You think TA is useless when it comes to VXX?! lol image hosting 20mb
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Post by theMist on Feb 6, 2017 14:15:38 GMT -5
Come on my Babies!! Make NEW ALL time lows!!! VXX 18.80, TVIX 5.08
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Post by theMist on Feb 6, 2017 14:32:57 GMT -5
VXX 15 min with projected move Should play out as long as Trump doesn't declare war on Iran. And BTW - who said he needed congressional approval for that?! lol post a picture
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Post by walnut on Feb 6, 2017 14:35:25 GMT -5
This market has been no fun so far today but should still play out I think.
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Post by theMist on Feb 6, 2017 14:39:12 GMT -5
In all seriousness, S&P has that bullish target of S&P2450 and by my calculations should reach it by summer. IMO
Doesn't mean S&P can't correct 5% before then OR SCAMs can't rise 15-20% before then.
S&P Bullish target will be met -- just a question of how we get there.
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Post by theMist on Feb 6, 2017 14:42:53 GMT -5
This market has been no fun so far today but should still play out I think. With a 50k short TVIX position on as I type, trust me I have no problem with the way the market is trading right now. lol Nice, calm pullback in S&P and SCAMs are flat!? lol Gotta luv the SCAMs! But honestly, I know what you mean, would love to see SCAMs restest ALL TIME LOWs already!! That would be very, very exciting!!!
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Post by theMist on Feb 6, 2017 14:45:51 GMT -5
Come on my Babies!! Drop hard already!! VXX 18.81, TVIX 5.10
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