Get Out Now!

Quote from S2007S:

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!
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I swapped out of TVIX and am in cash today. A strange feeling, being so heavily wiped out from XIV. I agree, but I won't buy back into XIV until Monday pre market, maybe tonight post market.

I'm concerned that something I don't know will happen, like all of a sudden the ETN will break down and not follow the VIX in reverse, or it will hit a minimum and be liquidated to cash....
 
Quote from Vulcan Trader:

YOU ARE OBVIOUSLY SMOKING SOMETHING?

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

SO FAR TODAY LAST PRICE = 2037.50
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WHERE IN YOUR ORIGINAL POST DOES IT SAY ANYTHING ABOUT EMINI NASDAQ ?



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!
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HAD ANYONE TAKEN YOU MORONIC ADVICE THEY WOULD HAVE MISSED OUT ON THE CHANCE TO SELL HIGHER INSTEAD OF SELLING AT A SHORT TERM BOTTOM
 
Quote from volente_00:

WHERE IN YOUR ORIGINAL POST DOES IT SAY ANYTHING ABOUT EMINI NASDAQ ?

HAD ANYONE TAKEN YOU MORONIC ADVICE THEY WOULD HAVE MISSED OUT ON THE CHANCE TO SELL HIGHER INSTEAD OF SELLING AT A SHORT TERM BOTTOM
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dont argue with him. he's one of the borderline insane ones on here.
 
FUTURES DOWN!!!!!!

Lets see what asian markets bring to the table, aside from that BUBBLE ben bernanke is speaking this week, should be FUN!!!!!!!!!!!!

S&P FUT
1120.60 -3.40 -0.30%
DOW FUT
10790.00 -30.00 -0.28%
NAS FUT
2036.25 -4.75 -0.23%




5 mins later and futures have gotten even worse!!!!!!!!!!!!!!!!!!1


Stocks Log Worst 4-Week Drop Since Mar. 2009
S&P FUT
1119.00 -5.00 -0.44%
DOW FUT
10775.00 -45.00 -0.42%
NAS FUT
2032.25 -8.75 -0.43%


Better hope for a relief rally tomorrow hahah



DAMN and the futures just getting worse by the minute!!!!


S&P FUT
1118.20 -5.80 -0.52%
DOW FUT
10761.00 -59.00 -0.55%
NAS FUT
2030.50 -10.50 -0.51%


23 minutes into the futures opening!




S&P FUT
1115.00 -9.00 -0.80%
DOW FUT
10732.00 -88.00 -0.81%
NAS FUT
2027.50 -13.50 -0.66%


Every few minutes they are losing ground, this is a great buying opportunity because all the fools on wallstreet said the SPX was going to close 2011 at 1350+ hahaha...Fucking Idiots!!!!
 
In crisis markets, Monday typically over-reacts due to weekend balance checkers doing the panic bit.....
watch for a key reversal day.
If not Monday, then Tuesday.
 
Hooah.

S&P starting to go back down to 1122.25. NQ gave back 17 points to 2040.25.

The only way the call in this thread will look good is if we never break the highs during the trade, and we do actually continue several percent lower.

I think it is great that Colonel Gaddafi is getting overthrown. It will be a new age for Middle Eastern Relations and we're getting that in the oil price these last few days.
 
Quote from S2007S:

FUTURES DOWN!!!!!!
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You're too emotional.....

11:40 pm - EDT:
Stocks trading in Asia shake off early losses to trade in positive territory. Hong Kong gains early.
 
Quote from syswizard:

In crisis markets, Monday typically over-reacts due to weekend balance checkers doing the panic bit.....
watch for a key reversal day.
If not Monday, then Tuesday.
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Agreed, I think markets will regain a little today and perhaps also tomorrow.
I am bearish though overall (from 2 weeks to 2 years timeframe).
 
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