Gotta love ZERO RISK in the SP500 = $$$

Visaria said:
fund managers risking a lot if they don't join in...this might be the bottom of the next rally to new record highs
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This rebound is long overdue, the market is down huge 6 sessions in a row, I don't think this means that the bottom is in.
 
jimmiebarton said:
been rough last two weeks..given back almost 3 months of hard work (sans this NQ trade):(

hope you right
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I know the feeling, I did the opposite and left over $4,000 worth of profits from my short etfs on the table by selling them a bit to early towards the end of last week....right now with the VIX up in the upper 20's and low 30's a place where the VIX visits maybe 1-3 times a year if were lucky, the volatility should still stay here until it breaks back down below 18 which I hope isnt anytime soon, I know some don't like the volatility but when you can trade stocks that are moving 3-10% a day I think thats great. Im thinking tonight asia opens up at least 2-3% higher, once the shanghai crosses back above 3000 it should rally throughout the night bringing asia up 4-5%, Europe should then follow asia with at least a 2-3% rally, by the time morning comes will be back in rally mode as well, but don't think for a minute this downtrend is done with, its not....yes the s&p is going to break some possible resistance and head back towards 2000+, just hold out until it gets back up and start to short once again. Im adding smaller short positions on as the markets move every 2-3% higher...I hope the s$p gets back above 2000 so I can add SPXS back into my portfolio....
 
So the markets been going up for 6 years, we get a tiny dip in relation to the size of the rally and oh my gosh, the media was screaming for more QE. This is one sick addict.
 

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Rickshaw Man said:
So the markets been going up for 6 years, we get a tiny dip in relation to the size of the rally and oh my gosh, the media was screaming for more QE. This is one sick addict.
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Thats what I mean, I have been yelling this for years. 200%+ worth of gains in 6 years, then a small TINY TINY TINY little 14% drop and they scream for more stimulus, for the fed to help them, they need circuit breakers and Rule #48...the list goes on but Ill stop myself from embarrassing those who are bullish and whiney bitches who cry anytime the market drops and they call on the fed for help.....cant wait to read the headlines tonight and sure heck can't wait to read the headlines once the s$p is back above 2000.
 
Here is what Mark Cuban had to say about the Wednesday morning Liftoff




Cuban said Wednesday he "honestly doesn't know" who is buying the stocks or how they are buying them, saying it may relate to computer-algorithm or "algo traders" or exchange-traded funds (ETFs).

"They don't seem to be trading on fundamentals, but rather as part of an equation I'm trying to figure out," he wrote to his followers, called "dusters," on the app he funds and advises. Wednesday marked the third consecutive day that Cuban has publicly questioned popular digital trading techniques like ETFs and high-frequency trading in the wake of market volatility.

http://www.cnbc.com/2015/08/26/why-the-wednesday-morning-tech-rally-scares-mark-cuban.html
 
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