Gotta love ZERO RISK in the SP500 = $$$

S2007S said:
BACK in SVXY @ $45.90 sell price $50+ 10% profit target
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I just bought in on about a third of my desired position at $44.47. I am going to wait on the remainder for right now. I don't think it will go much lower than the $40 area right now, but I might be completely wrong on that. I'm going to look to add if we fall another 5-10% or so
 
noddyboy said:
Huh? I thought you went long?
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Like I said Im short with long positions, Im constantly in and out of short etfs and long etfs, some longs I hold onto longer than others and vice versa. Today I sold SQQQ after buying yesterday on the dip...then today while the markets were down I bought back into SVXY and GUSH, those are bullish stocks...SVXY is a VIX play, so if markets climb and the VIX drops SVXY moves up...I also bought GUSH, thats an energy play, moves up when oil and energy moves up...Im constantly repositioning my trades, this week alone I made about 15 trades...Im still extremely bearish, right now with the markets where they are I'm flat to slightly up on my 2 portfolios. TVIX is being a huge help today...
 
FCXoptions said:
I just bought in on about a third of my desired position at $44.47. I am going to wait on the remainder for right now. I don't think it will go much lower than the $40 area right now, but I might be completely wrong on that. I'm going to look to add if we fall another 5-10% or so
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I only bought a tiny position in that stock since I know how volatile the markets can be..its really to offset the TVIX I own....if you don't think SVXY is going any lower than 40 then you think the market isnt going back to August 24th lows....if the markets do make another drop to August 24th lows and the VIX spikes back above 45-50 range you could see SVXY drop into the low 30s however if you think the s$p is headed for 2000 you will easily be able to sell SVXY above $52 without a problem....If I wasn't holding TVIX I don't know if I would be trading SVXY, I sold it for a profit yesterday around $50.15 and bought back in today @ $45.90
 
S2007S said:
Is this the fall? It is, but it isnt, as I said many moons ago, don't worry about missing the rally because you will be able to buy markets at even lower lows, I also said that it was a fed fueled rally and that without the fed and their QE 1, QE 2, and QE 3 the markets would be 50% lower than where they are today, the dow would have never traded back above 10,000 if it weren't for the fed and their trillions of dollars..... my prediction of October 2014 lows came true as I said this above DOW 18,000, Is this fall over, NO, its just beginning, will their be huge relief rallies convincing most investors the fall is over, YES, but take those opportunities to sell. As I have said over and over the fed is clueless, they have no idea whats coming and have no way out of the next collapse, they used every tool in their work box and pulled out every magic trick possible, all it did was create an illusion of a turn around, it created nothing but more problems and those problems will soon materialize as we progress further into the downturn of this economic cycle. Growth is done for the US and the rest of the world, all thats left are the central banks and the printing press to make you believe there is growth in this world, there isnt. And you will notice slowly all countries and economies going into a downturn thats going to last a long long time....SO this is somewhat of the downturn I predicted, but the next downturn is actually going to be a crisis far worse than the 2008 crisis, like I said the 2008 crisis will look like it never even happened.
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Impressive! Looks like it is gonna go down again.
 
londonkid said:
I am seeing a solid attempt to take out Tuesday's low tomorrow/mon/tue. We have faked out an inside day and the BTD guys have their knackers on the block ready for the swing. We are also overdue some expansion imo.

Anything can happen though, I dont trade indices much I prefer FX as its heavily manipulated and opaque. GL.
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Got lucky again.
 
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