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FYI- Sold very little in the $6.20s to "protect" some profits! This looks like it'll go negative if the "markets" have another rally!! You can't fight the PPT that's been working hard all day today (and yesterday) to prevent the "markets" from dropping much!! the Fed wants to raise rates (for show of course and not by much), but it can't.... unless the "markets" HOLD near their Highs (or surpass them)! If there's so much as a >5%+ "correction" they'll HOLD and won't raise rates which will make them look more like fools than they already are!
- JMHO
Direct quote from the article 5 (FIVE) YEARS Ago!!
"This is a perfect situation we are putting together as BeBevCo's offices now inhabit the entire upstairs of the building. We will be able to keep a keen eye on day to day operations downstairs, invite our vendors and retail partners to visit with our company and our major marketing program all at once," said Ms. Ramirez. "We are extremely excited about our direction and will be announcing our truck numbers and driver line up in the coming days."
As the effort continues to forge ahead of the competition in the now expanding category of relaxation drinks, BeBevCo and Koma Unwind have a co-op marketing plan in place for retail and distribution partners alike. The participating partners receive associate sponsor status by virtue of selling the line of Koma Unwind Drinks and Koma Unwind 2 oz shots. "We have the industry in a frenzy over this concept and we like it," said BeBevCo CEO and former NASCAR driver/owner Brian Weber. "Aside from the on track activities, BeBevCo will also have a presence outside the track with a community ground game present at all the 25 national events. The promotions teams will be selling merchandise and sampling the thousands of fans that attend the events. With research showing that NASCAR fans are 97% brand loyal to sponsors, how can we pass this great opportunity?" added Brian.
Life Is NO GOOD....When you thought you had invested in a Beverage Co that turned out to be someone's personal piggy bank for their Racing Hobbies!!
- JSJ/ Madison Stk
FYI- the Plunge Protection Team (PPT) is in play....be ALERT!!!!
- JMHO
How much is left on the "Bid" now???
Soon there will be NO BID! Get out while you still can (sarc)!!
Life Is NO GOOD....When the Racing drives you into the Abyss!
- JSJ/ Madison Stk
The biggest risk with this TVIX is that it doesn't firmly trade above $6.00 while the "markets" are on their lows of the day and then there's a late day rally and the TVIX ends unchanged! That would guarantee the TVIXs trading below $5.25 (or even below $5.00- at which point it's game over for this POS) in any "break out" attempt by the "markets" later this week or next!
- JMHO
FYI- Still have 2/3 of my original position (avg USD $5.43 but my Stop Loss was never triggered at $5.25) from two weeks ago and even added, very little, this morning ($5.70s). The game plan is still the same: Be Long the TVIX (or VXX, SQQQ) in the event that the CBs (CPs) are NOT able to take the markets to New Highs before the real evidence of the pending Recession shows up! But keep your Stops in and keep moving them up as these ETNs rally when the "markets" pull back!
Good Luck!!
- JMHO
FYI- if the TVIX can remain over $6.00 with the "market" (Dow) up over 200 points....it is a good (strong) indicator for the TVIX. No Matter what happens from today 'til the end of year- the onus is on the Bulls to take the "markets" to New Highs! In their attempts.....you gotta pick your spots ($5.50s) and your Stop Losses ($5.20s) and hold for a $2.50- $3.50 plus run....IF....the markets fail to make new highs!!
- JMHO
I have a "light offer" at $7.00! Looking to lock in a profit on about 1/3 of my position! Let's see.....
- JMHO
My Dollar Cost Avg is $5.43.....looking to see if this can get to $7.00 this week!!
- JMHO
FYI- my "target" is more modest: $8.50, maybe $9.00! The REAL problem is all the money printing from China, ECB, and (still) Japan. Even with that, I don't see our Fed raising rates by much or for too long (i.e. two and done)! This leaves too much liquidity in the system which can make any potential "Sell off" recover quickly (i.e. TVIX rallies to $8-$10 Max before crashing back down into the $5s)! Profit as much as you can from a small pop and then keep a tight Stop, on the remaining balance, when it comes in so you don't lose that potential (locked in) profits! And NEVER over pay for this ETN above all else (i.e. chase a spike)!
- JMHO
I use to feel the same way back in the late Summer when I first started trading these TVIX. But then I made up for it when I went back in at the beginning of November and made a tidy profit (almost 3 points) when the "markets" had that swoon in mid November!
Keep in mind that you have to be very patient with these TVIX, pick your spots, block out the noise, and keep a tight stop loss! Have an overall picture of the markets, economic picture, etc but also remember that you can right in the macro terms but wrong in trading terms! Most here have realized how the "markets" are being manipulated to up side regardless of the economic picture being presented (i.e. Obvious global slowdown)! But you CAN'T fight the CBs and the CPs in their attempts to "convince" the public otherwise (i.e. That the economy is "getting" ready for lift off)! The only thing you need to look at to realize it's all BS are the bond markets! If things were getting "better" (BTW- see Draghi/ Yellen saying the same BS over and over again? That the economy is "improving")- rates would be much higher than they are today and ECB, Japan, China wouldn't be "adding Stimulus" so late into a so called "recovery"! Play the TVIX nimble and smart and don't be afraid to take small profits when given so you can pad your account for a nice position trade! Good luck
- JMHO
It's hilarious seeing the CBs desperately trying to keep this "market" afloat in the face of a coming recession! You gotta love it....
- JMHO
Keep in mind that "the plan" for the CBs and their cohorts is STILL the SAME! They want to take the "markets" to New HIGHS before the end of the year....NO MATTER what!! All this noise is just that....NOISE! The Recession is coming and there's NOTHING they can do to avoid it so they want to "mark" up the Stock Markets as High as possible before it becomes too obvious to everyone! Look what happened to China at the end of last year and the beginning of this year when their "markets" spiked to new highs right before they plummeted now that it's become obvious that their economy is slowing down too fast!!
Trade nimble and smart and keep tight stops!
- JMHO
Gotta hold on to see what the "markets" do in the last hour of trading! Do they rally or continue to sell off??
The only way to know if playing the TVIX (even with a "low" cost average of $5.40s) from the long side will work, is to see IF it holds up in the face of any late hour rally!!
- JMHO
I love the smell of Napalm in the markets in the afternoon!! Still holding with a dollar cost average of $5.42!!
- JMHO
Just picked some more TVIX up at $5.40.....slowly accumulating!
- JMHO
FYI- Already "IN the Money"!!! Average cost $5.43 but I'm not trusting any small dip in the "markets". I'm going in assuming New Highs so I'll start to slowly move my Stop Loss up to $5.15 and step it up slowly as the TVIXs tries to get over $6.00!
- JMHO
Yes, you're right....by EVERY indication "they" want the "markets" to make NEW HIGHS! They're throwing everything including the kitchen sink to make it so. It's actually funny to watch. I'm "accumulating" again in the $5.40s down towards to $5.20s and keeping a Stop Loss at $5.00! $0.25 - $0.40 is worth risking just in case that the "markets" fail to make NEW All Time Highs!
- JMHO
FYI- Starting to BUY here under $5.50! Accumulating again....it's too sweet to pass up!! Will keep a Stop Loss at $5.00!!
-JMHO
But you DON'T need a Driver's License to drive Go-carts around a dirt oval track at the Koma Unwind Racing Series!!
Life Is NO GOOD....When your hillbilly drivers can't pass a licensing exam!
- JSJ/ Madison Stk
Gotta pay for Christmas gifts somehow!!!
Life Is NO GOOD...If Racing Go-carts took ALL the Shareholders' monie$$$!
- JSJ/ Madison Stk
As someone who witnessed and traded the 2000 and 2008 crashes....always keep in mind that the "buying" (by the dumbest of dumb money) is ALWAYS the strongest at the..."TOP"! It is the most difficult trade (short) to initiate!
- JMHO
Notice that the PPT (CBs) are DESPERATE to keep the DOW above 17,750, the NASDAQ above 5,100, and the S&P above 2,080? It's all in a vain attempt to juice the "markets" one more time- to ALL TIME HIGHS!!! They (CP: Central Planners) want the "markets" near ALL TIME HIGHS when (if) they raise rates and on the cusp of the Next Recession!! Stay nimble and trade smartly!
- JMHO
My post from somewhere else...
FYI- the "Market" is...RIGGED! Listen to what a lot of other posters here have been posting. ALL the major CBs have been printing like crazy. Even though "our" FED has huffed and puffed that they're going to do "something"..."soon", most critical observers have realized that the MOST the FED could hike is probably two times before they spark the next recession and then they would have to reverse course and start printing again! THAT'S one of the major reasons why the "markets" won't sell off for long and why they bounce right back to their highs! As things stand (now), EXPECT the "markets" to make NEW HIGHS soon! The burden is on "them" to make it so (New Highs)! The best way to play this is to "carefully" play the short (i.e. Long the VIXX, TVIX) as they fail to do so while protecting yourself in case they succeed (i.e. New Highs)!! Good luck
- JMHO
"CBs"...= Central Bankers. Try subscribing (free) to Zerohedge!
Don't get caught up with the Doom & Gloom but just realize that there is an agenda by Central Planners (CBs, Wall St, Big Gov, Big BIZ, etc) to try and "fool" the public into a "recovery" when in fact we are in a deflationary cycle because of the deleveraging of TOO MUCH DEBT!! The US household has no real income growth to take on any more debt and spend! The CPs (Central Planners) have been trying everything in their arsenal to keep the party going instead of letting the natural forces of the "free market" take hold to allow the over burden of debt be written off! But they can't and won't do that! Their "masters" have too much vested to ever take that kind of hit!! We have ALL become Japan (cir 1990s). As long as you know you're in the "Matrix" then you'll start seeing things for what they truly are....Good Luck!
- JMHO
FYI- the "Market" is...RIGGED! Listen to what a lot of other posters here have been posting. ALL the major CBs have been printing like crazy. Even though "our" FED has huffed and puffed that they're going to do "something"..."soon", most critical observers have realized that the MOST the FED could hike is probably two times before they spark the next recession and then they would have to reverse course and start printing again! THAT'S one of the major reasons why the "markets" won't sell off for long and why they bounce right back to their highs! As things stand (now), EXPECT the "markets" to make NEW HIGHS soon! The burden is on "them" to make it so (New Highs)! The best way to play this is to "carefully" play the short (i.e. Long the TVIX) as they fail to do so while protecting yourself in case they succeed (i.e. New Highs)!! Good luck
- JMHO
Instant Replay from Seven trading days ago....posted on 11/16/15
Re: ChrisJP Post# 16901
Never underestimate the power of the CBs!! They have (had) this market rigged (for a long time) and can rally the markets 1,000 points within a matter of "days"!! They ARE going to try to mark the market up towards its highs! Your job (in playing the TVIX from the long side) is to take a position (in the mid $5s) WHILE they "attempted" to do so and by protecting your down side with a Stop Loss at $5- just in case they (CBs) succeed!! Good luck
- JMHO
Replies:
Thanks gumbie. Yeah I know not to fight
ChrisJP on 11/16/2015 3:52:59 PM
Of course it is!! In BW's fantasy world it could NEVER be the Go-cart "Crashers" fault!!
Life Is NO Good...If there's NO MORE "Prize" money from Racing Crap-carts!
-JSJ/ Madison Stk
Hi BBDA!
Riddle Me This???
How do you know the end is near???
Answer:
The "end" (NO BID) is near when you have to sell used Go-cart Racing parts online to pay your bills!!
Life Is NO Good....If you're BW, DR & KF!
- JSJ/ Madsion Stk
Instant Replay from Six trading days ago....posted on 11/16/15
Re: ChrisJP Post# 16901
Never underestimate the power of the CBs!! They have (had) this market rigged (for a long time) and can rally the markets 1,000 points within a matter of "days"!! They ARE going to try to mark the market up towards its highs! Your job (in playing the TVIX from the long side) is to take a position (in the mid $5s) WHILE they "attempted" to do so and by protecting your down side with a Stop Loss at $5- just in case they (CBs) succeed!! Good luck
- JMHO
Replies:
Thanks gumbie. Yeah I know not to fight
ChrisJP on 11/16/2015 3:52:59 PM
Report TOS
I enjoy sitting on the sidelines, after taking a decent profit in the $8s, and watching the CBs "desperately" try to push the markets to all time highs as if that's going to change the out come of the coming recession! It's actually hysterical to witness when you don't have skin in the the game! Looking to reload in the $5s...assuming the TVIX gets down there again!
- JMHO
The Convertible (Death) Note guys are saying, "hmmmm yummy! That's a fat and rich 30,000,000 Share Bid!!"
Life Is NO GOOD...30 MILLION SHARES are not what they use to be!!
- JSJ
No worries Chris! I didn't do so well in my first trade with this TVIX back in August. The "Macro" view should be this;
How much "higher" (Dow 18K, NASDAQ 5,200+, S&P 2,100+) can the CBs push the markets before the next inevitable Recession hits (Q3 '16)??
In the meantime play the TVIX very nimbly and DON'T pay more than $5.80s unless you can Day Trade it!!!
- JMHO
Never underestimate the power of the CBs!! They have (had) this market rigged (for a long time) and can rally the markets 1,000 points within a matter of "days"!! They ARE going to try to mark the market up towards its highs! Your job (in playing the TVIX from the long side) is to take a position (in the mid $5s) WHILE they "attempted" to do so and by protecting your down side with a Stop Loss at $5- just in case they (CBs) succeed!! Good luck
- JMHO
FYI- last position was Stopped Out this morning at $8! I made a decent amount ($5.80 to $8s) but was looking for much more. Will sit on the sidelines, for now, because I don't trust the "markets" here either way (up or down)! I'll feel more comfortable getting back in the $5s and seeing IF the "markets" can take out their YTD highs!!
- JMHO
FYI- I'm selling a little more here at $8...still holding some from $5.80! Riding it as long as I can...Dow breaking below 17K and TVIX in the $10s! Keep moving your Stops up cause the PPT could step in any minute and rip the market!!
- JMHO
Anytime!!! I see a lot of good market insights on this board...just trying to contriute!
- JMHO
FYI- Everyone SHOULD keep tight Stop Losses in place!! I've sold lightly here near $7.45 (cost avg $5.80)...but will keep some for a bigger run or Stopped out (@$7)!! Good luck to everyone.
- JMHO
My post from 11/2/15:
"Re: ottoman Post# 16365
LOL!! I "think" I learned my lesson back in August. I've been waiting for the $5s and here we are! I'm taking a shot here with a $5.00 as a stop loss! Going to accumulate from $5.80 down to $5.50! Looking for a trade to $10 once the Dow breaks below 17,000 from now 'til Dec 12th! - JMHO"
And I stopped reading after seeing "Bebida Beverage" & "Due Diligence" in the same sentence!!!
Life Is NO GOOD....If you don't see the words SHARE SELLING SCAM attached to the name Bebida Beverage!!
- JSJ/ BLKBrdge