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Post by theMist on Oct 4, 2017 11:11:08 GMT -5
Very tempted to go long TVIX
S&P is almost at its measured target; pullback is going to be significant
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Post by Herceg on Oct 4, 2017 11:19:30 GMT -5
Very tempted to go long TVIX S&P is almost at its measured target; pullback is going to be significant I was just going to post that S&P knocking on 2550 door........................I dare not make prediction as I've been wrong too much...........whether 3000 or 2000 comes first only time will tell................JMO and BOL........
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Post by lasvegas77 on Oct 4, 2017 11:23:14 GMT -5
Job numbers this friday. Pretty typical for the vix to go up at some point during the week like it has. But it's almost always dumped on Friday.
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Post by theMist on Oct 4, 2017 11:29:52 GMT -5
S&P is long over due for a pullback / backtest
S&P also left a gap behind at 2519
The market has to turn at some point and backtest down - it's been the pattern all along
Maybe a first wave down, then second wave to SP2467ish
maybe it happens after Oct vix futures expiry
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Post by walnut on Oct 4, 2017 11:44:51 GMT -5
Remember that tvix has slippage beyond normal contango. Maybe better to buy vxx unless you know the spike is coming very soon.
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Post by theMist on Oct 4, 2017 11:47:36 GMT -5
Remember that tvix has slippage beyond normal contango. Maybe better to buy vxx unless you know the spike is coming very soon. thinking of uvxy don't really trust long tvix with their past shenanigans but I know what you mean and maybe S&P puts in one more push to SP2543-44
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Post by lasvegas77 on Oct 4, 2017 11:53:50 GMT -5
I think the market is going to hold up pretty firmly until after this week. Job numbers fear has already been priced in today with that huge tvix spike of 1.4% Added another 1k shares of tvix short at 10.87.
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Post by theMist on Oct 4, 2017 11:58:37 GMT -5
I think the market is going to hold up pretty firmly until after this week. Job numbers fear has already been priced in today with that huge tvix spike of 1.4% Added another 1k shares of tvix short at 10.87. how many shares you short LV?
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Post by walnut on Oct 4, 2017 11:59:07 GMT -5
But I'm guessing it will slowly counter trend until it doesn't, and there could be a rocky day coming up, before another step down.
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Post by lasvegas77 on Oct 4, 2017 12:00:56 GMT -5
I think the market is going to hold up pretty firmly until after this week. Job numbers fear has already been priced in today with that huge tvix spike of 1.4% Added another 1k shares of tvix short at 10.87. how many shares you short LV? A little over 21k shares and also have 750 shares of xiv in a roth ira account.
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Post by theMist on Oct 4, 2017 12:04:25 GMT -5
VXX 37.98 is the level I'm watching
no trades so far today
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Post by lasvegas77 on Oct 4, 2017 12:04:28 GMT -5
Both Draghi and Yellen will be speaking today so im expecting another big drop on tvix
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Post by walnut on Oct 4, 2017 12:48:33 GMT -5
the market spiked earlier when Tillerson announced that he was not a traitor. Now that spike is coming back off.
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Post by theMist on Oct 4, 2017 12:48:47 GMT -5
VXX nearest gap 39.10
we'll see if tries to take it out
S&P Hourly now turning bearish
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Post by theMist on Oct 4, 2017 13:05:46 GMT -5
News media starting to bash Trump's tax agenda
saying Math doesn't add up and will meet stiff objection / opponents
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Post by theMist on Oct 4, 2017 13:39:44 GMT -5
Is it me or what? Every time I see the knightscope commercial I think of the Daleks of Dr. Who lol
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Post by walnut on Oct 4, 2017 14:10:30 GMT -5
We've gotten at least 4" of rain today. Glad to see all my basement work has worked and a dry basement, but today I see water coming down the back of the fireplace. Trying to towel it up as fast as it is slowly leaking in. 1928 house
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Post by lasvegas77 on Oct 4, 2017 14:24:14 GMT -5
Here's the expected vix collapse on cue.
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Post by walnut on Oct 4, 2017 14:29:46 GMT -5
I sold a little tvix earlier, was afraid it could go either way .
We need to get below that support or for sure this is not over
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Post by theMist on Oct 4, 2017 14:31:53 GMT -5
We've gotten at least 4" of rain today. Glad to see all my basement work has worked and a dry basement, but today I see water coming down the back of the fireplace. Trying to towel it up as fast as it is slowly leaking in. 1928 house It never ends when you own a house When we get tons of rain here, my ceiling in my den drips a little. I think its coming from the skylight on 2nd floor or chimney as well
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