Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Apple now sinking, well not sinking but trading off its highs and looking like its headed to intraday lows, that could be a short term top in apple, it has added over $25 billion market cap in only about 2 weeks!
Every time it looks like the market is going to slightly fall they prop it right back up, I have noticed this day after day the last week or so, just happened in the last 10 mins, looked like intraday lows were coming and right at that point everything came back to life again.
Every time it looks like the market is going to slightly fall they prop it right back up, I have noticed this day after day the last week or so, just happened in the last 10 mins, looked like intraday lows were coming and right at that point everything came back to life again.
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What about that TVIX? If new highs are coming, why short?
Im just nibbling, my biggest position is TVIX, its down again today pretty heavy, however I have seen it trade before, it usually takes the stairs lower and the elevator straight up, so even thought Im down over .35 cents on my trade it can erase those losses in a day or two if this market were to have at least a 3% sell off, TVIX easily jumps 100-200% off its lows, I'm going to average down again under $2.25.
again really surprised to see this market trading higher on the back of those retail numbers, it just goes to show you that most economic numbers don't mean much now a days, wall street wants new highs again and they will probably get them, how long it holds up for is anyones guess. I see the VIX trading back above 18 in the next 2 weeks and above 20 in the next month, will hold out for that jump in the VIX to sell my shares of TVIX.
Make it pretty for the lunch crowd....CNBC will say...at the highs of the day!!!
I can't wait to tune into cnbc when the markets finally have their first 10% correction after how many thousands of days? I think this is like 1208 days since the last 10% correction?
I would say 99.8% of wall street and long term investors have forgotten what a correction feels like....
Sorry to hear. With the new highs in Nikkei, Nasdaq Comp and Nasdaq 100 today, we are back into the bubble. I never seen a V-shaped peak before. It is going to take a while before the elevator down. Maybe late 2015?
I wasn't trying to give you a hard time, but I just see it pointless to fight the crazy as it can get double triple crazy and still be crazy. At this point, why not rally another 10-20% over the next 2M and make this look like July 1929's ramp before the peak?