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Re: vlispxpert post# 5881

Tuesday, 12/09/2014 8:01:59 AM

Tuesday, December 09, 2014 8:01:59 AM

Post# of 28359
Hey Vlisp - I'm still holding my TVIX, and so far today it looks like it could be a good move. I know you were watching the SPX chart, and if I look at a daily it looks to me like there could be some resistance at 2050, some more resistance at 2040, but then if 2040 breaks I'm kind of seeing a big SPLAT!!!

Am I reading that correctly? Also, when you were getting in and out, you seemed to time your buys and sells pretty well through the day. Aside from looking at a daily chart, what were you using? Were you just looking at what that day was doing in a 1 minute or 5 minute chart?

Any advice you have would be much appreciated. While I'm hoping this finally pays off, I also have a good opportunity to cut some of my losses if this is indeed just another small pullback.

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