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$2k to $20k? WOW!!!! Congratulations Langlui!!! I'm proud of you!!
No, I've seen his work. I understand it. I was actually wondering when someone was going to ask me that.
Hold your positions. VIX is outside of BB! Topping Signal. News Does Not Matter.
Chill. You'll be fine.
S&P needs to lose green in order for my target to come true. VIX closes inside of BB you all will be happy. Let market work itself.
Everyone in the stock market wants to win.. If everyone wins their would be no stock market. Accept losses like a man/woman, and move on. Learn and get better. Frustration is for dramatic people. Understanding is a better approach. If you lose do you lose? No, because you write it off on your taxes. Complaints fall on deaf ears.
After Greece shows that "deal has taken place" market will sell off. Why? Not because of "buy the rumor, sale the news" the market is in overbought conditions, on low volume, market will fall hard.
CNBC does not report bad news because it will make the governments job harder! Market doesn't move on NEWS!! You can watch CNBC to find out who's going to jail, you really think Bank Of America reported a profit without shedding assets? NO. The only one on CNBC who tells the truth is Rick Santelli. He's a perfectly sane person.
NO ONE IS BUYING!!!!! Look at market volume? I'm not one to get frustrated with why someone posts and buys a stock based off of the irrelevance that they bring up on message boards about why a stock is progressing or declining, but you my friend.. do you know how tvix works? it works off of VIX futures! The market moves off of technicals, not news! VIX should go to around 18.50 before bouncing. You short this market right now!!! Don't worry about the market climb! Short!!
Wait.. Wayment!! Who told you that things were getting better in the United States and in Europe? Who told you that? please point me to them so I can have a word with them!!
Good Morning.. Patience.
OT: I'm going to enjoy the rest of my Saturday, I heard Contraband was good, going to the movies to see that. Everyone enjoy talk to you guys later.
Once market retraces, CNBC will print something to instill investor fear again (it works every time) VIX will then explode and TVIX will follow. You will be fine, it will take time, but you will be fine.
It is time. I'm not in the "I told you so" game, but no one can predict the future. I base my decision off of charts, what do you base yours off of?
Yes, but look when S&P was at 1370 about 7 months ago.. then in 4 days it lost all that it gained. Moral to my story, stocks lose quicker than they rise.
The market isn't going to go sideways in a correction. The market will retrace specifically S&P!! we should see a drop of 20-50 points soon. And you are correct TVIX could be one step forward three steps back, or it can be three steps forward one step back.
A healthy market correction wouldn't have any volatility? Wow.. I really don't know nothing. :(
I understand.
I'll post a chart tonight if time permits. Market is overbought.. On LOW VOLUME, which means MM's will want shares to before they let market go.
I understand. Just be patient, sir. Your time will come.
of course market has been going up for 3 years! s&p low was 666 there's no where to go but UP from there! Take your chart put it on a one year and look at S&P. The drop in August wasn't because of news, it was because of low volume and market makers need shares!
Before it hits 1370 their will be a pull back, if S&P goes straight to 1370 then market will fall straight down to 1100. Market hasnt had a pull back in two weeks!
Do NOT GET EMOTIONAL!! Market is hitting targets, why do you think S&P was down today?!?! I told you guys S&P topped for now!! News Apple, GOogle, Had nothing to do with why the S&P was off from where the Dow is.. Dow should have topped around 12700. Hold your positions and continue to short the S&P!!!
Nooo!!!!! Don't sell! You didn't see my chart?
Good Morning, I finally have a chart for you guys based off of S&P: Follow Link.
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&b=3&g=0&id=p15622345892&a=247003058
Ok.. Not afraid anymore.. Well.. I'm afraid for you because you're trading so you have to understand what our wonderful government is trying to accomplish. It's like a credit card with a $500 limit, you spend and spend and spend next thing you know your balance is $50,000.00 on a $500 limit, but where is the money going and how will you pay it back? Money is going to "highways, schools, ect." <--So they say.. How will they pay it back? Through inflation!! Ding Ding Ding.. $6 milk, and $5 gas.
I'm afraid to answer that question. o_0
Want to see some NEWS????
FED BALANCE-SHEET ASSETS RISE $20.2B TO $2.92 TRILLION <--and no.. that's not a typo.
Exactly!!!! I will try to post charts tonight.. Sorry, I've been busy with other things..
Yes, I understand sir. What I was saying is that, I've always told to never "average down" on a stock, mutual fund yes because that's long term, never a stock. But of course we are entitled to whatever we would like to do, didn't mean any disrespect to you.
You never average down, you always average up. Don't tell yourself you're getting cheaper shares. You will be an Enron shareholder.
You sound frustrated sir. We as Americans tend to want everything over night. Patience.
May go lower than that, give it time though. TVIX target $50+ Market is slowly obtaining "bag holders" Bank of America earned 2 billion, really? Lol. Haha, I wonder if they let us know that profit came from them shedding ALL OF THEIR ASSETS. You know why news doesn't matter? Bank of America reports profit up 7% Morgan Stanley reports loss up 4%.. Lol News doesn't matter.
If we tell you to buy now, it's the same as us telling you to buy later. It's your money. If you are not a day trader and can wait a week or so to see a profit then it doesn't matter what price you pick, market is at a triple top, will come down soon. S&P will lose 20-50 points of value.
Your welcome. If it does go to Teens (which I don't believe so) continue to short the market, hold all shorts, stay in tvix. VIX is long over due for a pop, should form a V on charts.
VIX is about to be spring coiled. I can post charts later if I have time. I would short this market right now, as of today this market has the lowest amount of shorts in a while. Bulls Need Bag Holders (i'm sorry to keep saying but it's true). You are fine with your buy. You just have to be patient, things don't work over night. We as americans often get caught up in wanting things to quick, be patient. Patient, Patient, Patient.
I love when people talk like that... "rough time to be a bear."
yes, but OPEX is Friday, like I said bag holders are needed in this market. CNBC will pump "don't miss the market rally"
The Set Up for S&P is ready!! 20-50 point drop!
1307 price target for S&P then we will see a retracement aka "correction"