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Not touching this POS until it breaks 14 and trust me it will.
Yup theall time low will in fact hit today so sit tight. Santa will bring the 13's for ya,ll.
Not necessarily true. Just because you average down on something doesn't mean you will recover your losses. If it goes to zero the averaging becomes zero. Gotta know when to hold and when to fold. Forcing something in the market is definitely a recipe for disaster. Market doesn't care what you think should happen.
You are exactly right. I got out of this POS and so do not have to watch it every minute. When something forces you to watch it every minute the chances are slim you will make anything but remember when that gift horse stares you in the face take it and run. That is what I did on the half day we had last week and I ran like the wind lol.
CBOE is at 19.90 right now closed. Pick which ever one you want. I have used the CBOE as my barometer and it has worked just fine as I am ahead in this miserable ETF. If you have the time to watch it every minute knock yourself out. I don't.
Just remember it got down to 14.26 already. Never discount that it will not happen again.
Exactly and it is designed to go to zero.
Buying falling knives is a recipe for disaster.
Baffle no more follow this for a close correlation and this will keep you pretty close as to what this whacky thing does lol. https://www.marketwatch.com/investing/index/vix
Taking the 6 point run and getting out was the play lol.
Prime opportunity today as now we tip into the 7's. Better back the truck up even if oil goes up this thing goes up then takes a dive.
Great vids BTW thanks.
What that tells me is there will be a deeper bottom before the Santa rally. The is the writing on the wall. Be nimble and make some plays towards the end of month. Just remember anything that has to do with covid can spin this market in a heartbeat. We have all seen the havoc it can wreak.
T is short for Titanic. This will be in the teens sooner than anybody thinks. Such a POS.
First case of Omnivirus in US markets will drop like a rock rut ro.
Hmm so 8's are here imagine that. Are we believers yet?
Can't look a gift horse in the mouth. Jumping from 15.40 to 22 had to take the money and run. Sat too long in the hole and was glad to get it back.
That is exactly right. Fortunately the shares I have are free as I bought and sold to achieve that status. Let the price drop and keep the dividends a flowing.
Throw on top of the oil diving the 2M settlement for fine ET has to pay for pipeline explosion in Pennsylvania no wonder this thing is in free fall. Look out below!
All time low in the last 10years not 20 years ago lol. Thing has split since then a few times. I am talking currently. It is not the T of yesteryear. It is a complete piece of crap now.
Uh huh right as this POS keeps breaking all time lows.
Uh huh oil down 3% today in your "short term" but ET doesn't worry about that........as it is diving like a rock. Really? Oil drops ET drops period.
Nope this is gonna break it's low today unfortunately.
Well that is good then because it will hit 8 before it ever hits 18 lol. So much for not thinking the price of oil has nothing to do with the price of this etf lol.
Got that right as they just around the corner again. Will hit before day is over so sit tight.
This is nothing but a slow motion train wreck going off the cliff. Enjoy your free lead balloon ride. It is nothing more than a POS.
Looking like 14's will happen today.
I know exactly where oil is coming from. I know exactly what oil has been doing. What I don't know, and what I was referring to, is where is the call for $18.00? This thing hasn't even seen $11 for a very long time. Only thing anyone can do is enjoy the divi and buy more at lower prices.
Ok good I will wait till it hits the 13's.
Before you know it is here welcome 14's. The CBOE is also at the lowest it has ever been. There sure isn't any volatility here. Everything is all rosy. Really? Inflation is a run away train, gas is going higher day by day, food prices are going out the roof, trucking to move products is going up, and the ports are back logged till who knows when. Talk about a train wreck yet the market breaks new highs almost daily? Now the idiot running the monetary well being of this country is trying to sell everybody about tapering and raising rates? Please tell me this is a dream.
Thanks at least we know it is 100% true. I think everyone forgets it is designed to go to zero and it is doing a bang up job going there.
Yup I shorted it back to where I sold it pre split and trust me it will get there.
Sit tight folks 14's will be here before you know it.
Congratulation we have another all time low for this POS
Ok good that means I will get some in the 15's
Back to the free lead balloon rides again. Oil at the highest it has been for years and still going up. What happen to the $18 call this was going to? Not gonna happen.
The key for drip is for oil to dry up and go down. Oil has been on a tear and don't be surprised when in rings the bell at a 100.