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Just got back from lunch. Wow, what a nice little bounce we got going here!
AAPL rampaging. She's mad as hell and ain't gonna take it anymore!!
Good luck, I'm rooting for a bounce.
Looking at XIV (other than already being down 6% due to gapping down) there doesn't seem to be THAT much more downward pressure. That is unless it's getting ready to take a drop sometime soon.
Hmm, can she hold this support?
Here's that power hour rally we've been waiting for. I hope it's a good one.
Guess not. Wow.
Bottoming? Looks like it IMO.
Yeah, looks sketchy.
Time to stock up on canned food and ammo! Haha.
Yeah, looks like it may rally from here IMO.
Volatility trading tight. Still no clue which direction it's gonna pick...
I want this outcome.
Maybe I'm biased, but it feels like it's propped up on twigs right now.
Nah, it's an ETN inverse to VIX. Ticker is XIV.
Inverse volatility. Getting some legs now though, argh.
Hoooooly cow.
Let the fade commence!!!
XIV looking stagnant, somethings gotta give.
Hustle, hustle, hustle.
Gonna be watching for the fade (if there is one).
Just checked the close and of course the market pops after I stopped trading for the day...I really gotta trade the last hour from now on, UGHHhhhhhhh.
Thanks for the insight. There goes 207! Guess I gotta wait even longer for some real support and a bounce.
These attempted bounces are looking so labored. I feel like it will either drop more or trade sideways for a while before going back up.
I wonder if it gets some support around 12:30 (EST) like yesterday.
Still perplexed that VXX is red. Guess there's no fear today.
Agree on the down sentiment. Going by XIV, it looks very similar to yesterday's movement right now...
S&P Futures down and XIV up...weird.
Power hour. Time to rally...
Here comes that rally. Hoping it goes back to HOD.
Got stopped out of that bounce...oh well, she's dumping now.
That might have been the end of the pullback...looks like she's bouncing.
The bounce is looking weak, not sure if it can hold and move back up.
Good call...think we see a bounce as well.
Never thought I'd still be shorting VXX at these levels, WOW. As someone on this board has astutely said in the past "trade what you see, not what you think."
Crazy bull run day? SURE, why not?!
Everything has been range bound today. The UVOL-DVOL isn't strong enough to make a break either way.
Just guessing but I think she dumps at some point today. Market internals keep weakening.
It's like watching paint dry right now.
Looks like another drop like yesterday's. I hope it does some damage.