Recent content by Not_EliteTarder

As for VXX. I like long VXX itself from down here. But, not sure if we will just sell off hard today and tomorrow (certainly not out of the question now that Ole Pa is now long and bears capitulated this morning on the spike to 1934.25)... so as for buying VXX calls it might be prudent to just...

Ahh, so we got a high print of 1931.07. Algos will be algos, boys. Great Risk:Reward for shorts here. Excellent, in fact. edit: to clarify, this is NOT on a day trading basis.. looking for swing or better yet a position trade here. Long Term. Thus, look to build a short position up at...

Well well well, Mr. Market gave us 32.9x after all. Low print thus far is 32.93. Willing to go long down to 32.5 or so for good measure. Looking for 1931 today/tomorrow as a ceiling on SPX cash index. Good Luck. You will need it, bears.

Russell Futs holding 1132 here (this afternoon), which seems quite likely, is.. cough... bearish.

Step on up, get your VXX calls right here!

Was waiting for a tag of 32.9x - 33.0x this week to consider going long VXX. Really hard to say if we'll get down there. Exit door might get crowded this week a bit early? Obvious top is obvious..

No, the words 'sure' and 'certain' have little place in this business. Unless you are talking about buying the dips in a centrally planned market. Which it appears you are. Carry on, then.

Yep, 175% or so from swing low to high. Good point. SPY Price action in August/Sept 2011 was really nutty (albeit ultimately sideways), with VXX meanwhile having driven higher. Just took more than a few months to see the full move in VXX, though, due to that extended ugly mega chop-chop...

Huh? 20% down move on SPY... 155 from here. What is 1-2% referring to? We are guessing how much / how fast would SPY have to move to see a 100% increase in VXX.. not guessing how much SPY WILL move.

A sufficiently quick 20% down move in SPY should easily return 100%+ in VXX.

Rut Roh! Sell into any strength next week. S&P 100, S&P 500, Dow Industrials, Dow Transports, NYSE - all are sitting at, or directly below, critical levels at this time. Sell ES on a drift up to 1925 - 1930 early next week. Close short positions at a loss if there is a huge upside breakout...