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Post by theMist on Feb 28, 2017 12:33:34 GMT -5
I'm still holding 13,900 tvix short in IB and down slightly.
One thing about IB is that they let you know immediately if you violate margin...
VXX 18.44
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Post by theMist on Feb 28, 2017 12:35:40 GMT -5
Ahhh! So that's what happened.
CNBC -- Some key figure came out and said "its very difficult to change the current tax system"
Didn't get the name
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Post by lasvegas77 on Feb 28, 2017 12:39:05 GMT -5
Looks like my scalp was a pretty good trade for today after all. I wasn't liking the clear divergences that I was seeing.
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Post by theMist on Feb 28, 2017 12:39:59 GMT -5
Looks like my scalp was a pretty good trade for today after all. I wasn't liking the clear divergences that I was seeing. You've been on fire. Please let us know in advance when you make a trade so we can jump on the bandwagon. Good stuff!
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Post by walnut on Feb 28, 2017 12:40:00 GMT -5
I'm still holding 13,900 tvix short in IB and down slightly. One thing about IB is that they let you know immediately if you violate margin... VXX 18.44 Yeah, gotta lighten up a little by towards end of day, hopefully trade goes your way and not an issue
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Post by lasvegas77 on Feb 28, 2017 12:43:57 GMT -5
themist, As much as I would like to let you guys know what Im doing, there is usually not much time to post about it. It's quite fast with the scalps. I'll let you know when im looking more longer term. But I could see in the morning the clear divergence of the vix and the snp upticking.
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Post by lasvegas77 on Feb 28, 2017 12:48:09 GMT -5
I just found out that while fidelity has a lower commission rate, im now paying more to trade there because they have new fees based on the size you trade.
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Post by theMist on Feb 28, 2017 12:53:11 GMT -5
VXX makes it back to 18.15 and I'm even on the day
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Post by theMist on Feb 28, 2017 13:05:15 GMT -5
VXX at 18.30
What are your thoughts LasVegas going into the close?
Do you see anything? You think algos pump it back up?
vix futures up a little but contango still high - over 14%
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Post by lasvegas77 on Feb 28, 2017 13:10:39 GMT -5
themist, I'm neutral right now on the market. I think it can go either way right now. But im noting the vix futures are tightening up dramatically after March.
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Post by novie08 on Feb 28, 2017 13:11:55 GMT -5
Know nothing but think this is EOM profit taking and the Dow could very well reverse last hr. Nothing stopping it.
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Post by theMist on Feb 28, 2017 13:12:22 GMT -5
themist, I'm neutral right now on the market. I think it can go either way right now. But im noting the vix futures are tightening up dramatically after March. That's why I brought up that after March expiry, we may see some fireworks after that -- BUT will depend on charts at that time. IMO
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Post by theMist on Feb 28, 2017 13:13:03 GMT -5
Know nothing but think this is EOM profit taking and the Dow could very well reverse last hr. Nothing stopping it. CNBC rumored about a possible large sell imbalance going into close. large pension fund stuff
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Post by lasvegas77 on Feb 28, 2017 13:15:13 GMT -5
Who has access to that? Is it specialists that pay several million for a seat at the nyse only or can you subscribe to that?
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Post by novie08 on Feb 28, 2017 13:19:29 GMT -5
Who has access to that? Is it specialists that pay several million for a seat at the nyse only or can you subscribe to that? I asked a trader not on this board about that. I think he said one can subscribe but it is $20K or so, forgotten the exact number. As far as changing the current tax system, of course they could do it. They lack the will.
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Post by novie08 on Feb 28, 2017 13:20:55 GMT -5
Know nothing but think this is EOM profit taking and the Dow could very well reverse last hr. Nothing stopping it. CNBC rumored about a possible large sell imbalance going into close. large pension fund stuff Yikes!
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Post by theMist on Feb 28, 2017 13:23:39 GMT -5
VXX 15 min indicators look like they want to rollover
But VXX Hourly indicators still bullish
VXX 18.33
If there is a LARGE SELL imbalance going into the close it won't matter what the charts say and possibly will see frontrunning start around 2:15pm EST
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Post by lasvegas77 on Feb 28, 2017 13:24:50 GMT -5
The roll yield is now the lowest I have seen in months. If you get anything close to neutral or negative roll yield, it's just as bad as backwarhttp://vixcentral.com/dization in my experiences.
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Post by lasvegas77 on Feb 28, 2017 13:25:54 GMT -5
that wasn't meant to be a link that i submitted. I have no idea what happened there.
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Post by theMist on Feb 28, 2017 13:33:47 GMT -5
that wasn't meant to be a link that i submitted. I have no idea what happened there. You need to click on the insert link button. But snip a picture of it and use postimage.org to upload it. Then copy the hotlink and click on insert link button (here at faz) and paste it in.
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