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thanks sure would b e nice. gl my friend.
lol that is my hope>
do you watch the spy if so what is your thoughts for eod and monday.
where do you see this going Abuelo?
get ready for it, oil is going up (up in pm) api report at 11:00 et. Unemployment numbers were good (down) so market should go up today. If oil jumps up then market should as well.
looks like they want to push this to 210 spy by eod today.
More like this will keep going up, oil is again pushing market up has to get to 50 and stay right?
anyone see spy turning around and dropping this aft?
sorry posted on wrong board should have been to TVIX.
A drop to 2.50 close the gap would be nice. Not likely but would be nice.
A drop to 2.50 close the gap would be nice. Not likely but would be nice.
Sorry wrong board should be on the TVIX board not spy, but relates.
Abuelo, what is your entry point?
I am out waiting for Monday new trade possibilities.
supposedly in September.
EDIT:
OOOPS already posted.
In at 2.25 hoping for market drop tvix up.
check msg # 205059
where do we see the spy going to. 210 or back to 212>
Thanks
Nobody anticipating spy to go back up to 212 level after Yellen speaks today stating no rate increase??
the only thing to be shorted in this market is tvix. If this keeps up we will be under 2.00 tomorrow for tvix.
Set a new 52 week low,
5-reasons-the-stock-market-wont-crashyet-1464408349
Try entering this into your address bar as is and hit enter it takes me to google and the listing for the news and the full article.
For what ever its worth reading material. One point of view.
http://www.investing.com/analysis/elliott-wave-analysis:-s-p500-maintaining-its-bullish-run-200132915
Bloomberg has had some experts who think the rate hike coming up is already getting priced into the market so don't expect too much of a reaction when it happens. Wow it just keeps getting better.
Heading for the 2080 and higher I guess, market will have an up week this week. Stay tuned for next week for more of the same BS.
Man UWTI and UGAZ did really well again today, maybe I should be watching those, unfortunately the market is going to crash and have no idea what that will do to them.
LOL. (just thinking out loud)
agreed which means tomorrow should be an up day for the market not tvix. Still looking for lower prices, don't really care myself I am ready for this crap ( thing ) to head up but if I can get some cheepies so be it, I am green today and only day trading this I will be out around close.
absolutely, just not yet. The powers that be, haven't taken out all the bears yet, this fall in the market may yet turn around and go back up. watch the spx at EOD, it needs to get above 2040 and close to continue up to 2060 or 2080 ( don't think it will make the 2080) if it closes below 2040 today yes this could be the start of a major down market. watch and play it daily.
gl
You should never hold an ETN for any time, day trade only 2 at most, then there is no decay etc to worry about. I don't think anyone here familiar with them expects tvix to reach those highs 4, 5, 6 is about it.
Agreed, it may try to make a stab at the 2080 again but fail. 2060's are the most likely target before a good drop. Your views?
I agree, all these etn's suffer horribly from decay etc. but we know this before we trade them. Myself, I don't expect 10 or higher, maybe over a long time period, but for now I hope for btwn 5 and 6 if we are lucky. But I don't have the experience with TVIX as some others do. What I gleen off of the charts, technical and listening to those who seem to know, (they are always making money) what I have already said is how I am playing it. We are close to tvix going up, news (Bloomberg etc) today talking they expect the feds to do 2 possible 3 rate increases this year, will have to wait to hear what the fed say, rather than what is hoped for. If the fed doesn't want to raise rates then oil isn't helping their case today back up over 37 now, yeah time for a rate hike. LOL
gl my friend.
EDIT:
that was uwti over 37 wti oil is over 48 heading for 49.
absolutely, we are close, just not there yet. But don't expect the market to drop to 185 over night, it will trade down but yes it will go down, when is the question and from where.
gl make lots.