Get Out Now!

[Vulcan Trader]

TOTAL INSIDE DAY. NOT A BAD IDEA TO TAKE PROFITS AND SIDELINE UNTIL MONDAY.

 

[Vulcan Trader]

MKT IS NOW CHANGING DIRECTION TO TRENDING. IF WE TAKE OUT TODAYS LOWS THIS SHOULD SET UP A VERY POWERFUL LEG DOWN NEXT WEEK TAKING OUT THE LOWS FROM 8/9/2011. THINGS COULD GET REAL UGLY NEXT WEEK.

 

[Jestersofmalice]

interesting sentiment change.
People seem to have stopped trying to pick bottoms in general now.
Everyone seems to finally be in agreement that we are crashing!

 

[S2007S]

Quote from Vulcan Trader:

MKT IS NOW CHANGING DIRECTION TO TRENDING. IF WE TAKE OUT TODAYS LOWS THIS SHOULD SET UP A VERY POWERFUL LEG DOWN NEXT WEEK TAKING OUT THE LOWS FROM 8/9/2011. THINGS COULD GET REAL UGLY NEXT WEEK.

Agree, however with so many anticipating a powerful move down (spx 1050) it seems that it might not happen.

 

[Vulcan Trader]

Quote from S2007S:

Agree, however with so many anticipating a powerful move down (spx 1050) it seems that it might not happen.

I JUST CANT IMAGINE ANYONE BEING LONG ANYTHING BUT AN INVERSE ETF GOING INTO THE WEEKEND.

 

[Tsing Tao]

Quote from Nine_Ender:

Ok, enough. I have reported you for posting fraudulant ideas attributing quotes to me and generally misrepresenting my posted ideas on this site.

There comes a point where such slander has to stop.

Dude, he posted your own commentary. And that's your response?

 

[GordonTheGekko]

Quote from S2007S:

Agree, however with so many anticipating a powerful move down (spx 1050) it seems that it might not happen.

Why?

Switched from XIV to TVIX. Ouch.

 

[volente_00]

Quote from Vulcan Trader:

IF YOU ARE LONG THE STOCK INDEXES FROM YESTERDAY YOU NEED TO GET OUT OF THE MARKET RIGHT NOW!

THE WORD ON THE STREET IS THAT THERE IS A MASSIVE WAVE OF SELL ORDERS SET TO HIT THE MARKET ON THE CLOSE TODAY!

THE MARKETS WILL COLLAPSE!


TAKE IT OR LEAVE IT. YOU HAVE BEEN WARNED!

Since your warning the market rallied nearly 90 points and even though it gave it back it is still higher than the 8/10 close

 

[Vulcan Trader]

Quote from volente_00:

Since your warning the market rallied nearly 90 points and even though it gave it back it is still higher than the 8/10 close

YOU ARE OBVIOUSLY SMOKING SOMETHING?

EMINI NASDAQ 100 FUTURES CLOSE ON 8/10/2011 = 2085.25

TODAY WE CLOSED AT = 2042.50

 

[S2007S]

Quote from GordonTheGekko:

Why?

Switched from XIV to TVIX. Ouch.

No still long XIV....

Im not touching TVIX until it sells off and drops at least 50% from where it closed today, which would place it around $30. Its going to get there, as quick as TVIX as risen it will fall. VIX will not stay above 40 for long, yes it could still spike above 50 or 75 but it will be extremely short, I only bought 1/2 position of XIV and will by the next 1/2 if or when VIX surges above 50+ which should mark ultimate fear in the market!