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Could you please share a link to this? Thanks in advance ??
Just took a small position on this one here at $0.1803. Let's see how this plays out...hate falling knives but might be interesting this time. JMHO
The Desperation of our CPs and their CB cohorts to keep the "markets" afloat (Dow near 18K, S&P 2100, Nasdaq 4,900) is unreal.....they're so desperate to keep the charade going as long as they can when its becoming more clear, everyday, that the economy is heading for another recession!
- JMHO
Yes, agreed! Even position trading is too risky with this!
- JMHO
My two cents: The deteriorating factor in these TVIXs make it very difficult to play on the long side! The S&P is "BELOW" it's April's lows in which the TVIX's were trading between $4.50 - $5.00 during the same period! This thing is like trying to trade a sub penny stock in that.... in each and every "rally" there is a flood of "NEW" shares that come into the market making the burden too much to absorb! If these TVIXs continuously issues "new" shares (i.e. Unlimited printing) then the end result is ALWAYS the same (Overall lower prices)! That's why this thing had a REVERSE Split the last time and even if the market tanked by 1,000 points or more it'll NEVER get to it's 52 week high of $19.00 (there's TOO any shares)! FYI- I'm going to unload my position ($ cost avg = $4.30s) in this "next" rally....
- JMHO
Great! Thanks for the insights....Can't see Oil pulling back heading into the Summer season!
- JMHO
WOW! S&P Futures are down 14.50 and this POS is up....only $0.20 CENTS! Nice.. Sarc~
-JMHO
No Bid indeed.....
Life Sucks! If you're the Koma Unwind Racing crew
- JSJ
Now that the S&Ps have turned negative and looking like a reversal finally coming....these TVIXs should NOT be hanging down five CENTS off the lows! Yike! If it doesn't close over $4.15 - $4.20 today....Any Gap Up opening in the markets, on Monday, will crush these TVIXs well below $4 (into the $3s and it will be game over!)
- JMHO
My thoughts exactly! I guess it should've have been expected that "they" (CBs) would de everything in the "their" powers to make new highs in the "markets" to continue the farce that all is well in the economy. What's so telling is that the Ten Year Treasury is completely dispelling that notion by hanging near all time lows at 1.75% yields. If things were "all roses" then 10Yr Yields would be back up To 2.25% where they were at the beginning of the year! This is total repeat of first six months of 2015!
- JMHO
As they (CBs) desperately try to get the "markets" to new highs before it's too late (i.e. the recession that everyone can see coming) this (TVIX) is a good buy under $4.50!!
- JMHO
FINALLY making $Money$ with this thing!!! April 27th is my target date!!
- JMHO
I hear ya! These Scum bags (CBs) have always been THE problem and yet people are too stupid to think somehow they'll be the solution. The U.S. (And Europe) have basically turned into the Japanese over the past 8 years...I.e. B/S growth and endless spending and CB interventions to keep the "markets" propped up!
- JMHO
The Desperation among the CBs (and their CPs cohorts) to keep the "markets" (sic) propped up is telling! They are so desperate in keeping the illusion going....
_ JMHO
Finally breaking even on this POS! Something must be up. My target date for a "correction" has been pushed back from April 17th to April 27th!!!!
- JMHO
FYI- My last Buy was at $4.25....That's it! Holding my breath underwater!
- JMHO
FYI- I couldn't agree more!! I'm more convinced than ever that this last pump (before the dump) in the markets is the best entry point for the TVIXs! Look at November's ('15) topping action in the DOW! Same thing going on right now!
- JMHO
Now I know why they call this POS...The Widow Maker! Yikes!
My target "was" $8.00 to $10 by April 17th! Not realistic now, but perhaps $6- $7 by that date!!
- JMHO
FYI- Just bought some "more" here at $4.38....we'll see what happens! Dollar cost avg now $4.79. Ugh the pain this POS can give!!
- JMHO
FYI- the PAIN is intense as I've broken every rule in my trading book! Bought some more this morning and I've managed to bring my average down from $5.27 to the $4.80s! Stupid me but I'm going with seasonality here and will try to trade my way back into a profit! I hope.....yikes! Ugly
- JMHO
FYI- I'm starting to see that $4.58 come into play....and very soon too!
- JMHO
Where at?Walmart presentation?
Life Is No Good.......
J-
That would be even BETTER! Avg dlr cost is $5.27 with Stop Loss at $4.58! Will move that Stop Loss up as this thing begins to climb! Never doubt the power of the CBs and their CPs' schemes!!
- JMHO
That's exactly what I'm counting on! TVIX at $10s by mid April '16
- JMHO
FYI- Coming into yesterday's trading my dollar cost avg was $5.39.....was able to lower it to $5.27 (I.e. Buying my last lots in the $4.90s and $4.80s) from yesterday's collapse! My new, and undisciplined Stop Loss is $4.58!!
Let's see what happens from here. My out date(s) are April 5th 'til the 17th! Let's see......
- JMHO
That's the GREAT thing about "certainties"....They're wonderful things until they're NOT! Being 100% "certain" about things that will happen in November '16 is like being 100% "certain" about where the TVIX will be trading next month! Hence why we are ALL here....because we're all 100% "certain" about our trades!! (Sarc)
- JMHO
I hear ya.....I've been averaging down since the $5.50s and bought more under $4.99 and couldn't help but buy some more in the $4.77s!! At this point it's pain until it's a gain!
- JMHO
FYI- Looks like $4.58 here we come...YIKES!!
- JMHO
FYI- I just went against my own trading rules and actually "bought" more at $4.99!!!
- JMHO
FYI- just pulled my Stop!! Something tells me $205 on the SPY is a top out- short term.
- JMHO
FYI- bought my last round today but it looks like I'll be stopped out at $5.00! Oh well as these things go...
- JMHO
You might be right! Every indication could be that they'll try to shoot for 18K on the Dow again before the end of March!
- JMHO
FYI- loaded up the hilt and now have a Stop Loss at $5.00! Dollar cost average is now $5.39!! Lose $0.39 on my position to make at least $3.00 by April 5th or so....
- JMHO
FYI- The $5.31 lows will be retested! Accumulating more today....
- JMHO
Buying more down here! $5.47! Accumulating....
- JMHO
Same here...not expecting a jump today but if the INDU & S/P ends up unch for the day then TVIX could close at $5.90.
- JMHO
FYI- I bought some at $5.55 and $5.53!! Accumulating as planned!!!
JMHO
This has been the easiest play (trade) in the last six months:
Market rallies into a Fed meeting. Shorts think that it's a "Sell the news moment"...on the day of the announcement - but the market actually rips higher- killing the Shorts! The next day or two the market gives up ALL the euphoria from the announcement and then begins its next leg down.
The trade: Buy TVIX in the mid $5.50s and hold for two to three weeks and make a double!
- JMHO
Absolutely! That's the ONLY spot to take shot in this thing! My bids have been waiting....I've played it three times down there and it's worked out very nicely. Hopefully it will for a fourth time! - JMHO
It's called the "difficulty" of not being able to DUMP Billions of more SHARES!!!
Life Is NO GOOD....When you can't pay (Scam) for Go-cart Racing anymore!
- JSJ/ Madison Stk