No Panic on Main Street = Crash Soon?

[shortie]

I am looking at SPY bottoms and VXX tops since Aug. SPY keeps making higher bottoms, but VXX keeps making higher tops :eek:

This can't last forever. How will this misalignment resolve itself?

 

[Lucrum]

Quote from tradingjournals:

qqq at 54.67; is it a good place to start buying for a bounce?

What happened to your "models" you were bragging about several months ago?

 

[tradingjournals]

Quote from tradingjournals:

qqq at 54.67; is it a good place to start buying for a bounce?

qqq at 55.55 in premarket. The bears got shafted. They were shorting a bottom.

 

[tradingjournals]

qqq at 44.09: is it time to fade the bears?

 

[tradingjournals]

Quote from tradingjournals:

qqq at 44.09: is it time to fade the bears?

qqq: 54.59.

 

[Lucrum]

Quote from tradingjournals:

qqq: 54.59.

So you ask a question about buying...and give yourself a pat on the back about it going up?

Did you ever open a real money account?

 

[shortie]

Again: VXX new high, but SPY or QQQ both made higher lows

Whoever has the best theory on this is gonna get very rich...

 

[tradingjournals]

Quote from shortie:

Again: VXX new high, but SPY or QQQ both made higher lows

Whoever has the best theory on this is gonna get very rich...

How could the theory make one rich? Are you offering a prize?

I think I have a theory. I touched upon it sometime ago, when I asked some questions about spreads. The theory however would tell you that what you noted is the rule. and not the exception, for what has been happening in the market in this latest down leg.

 

[Lucrum]

Quote from shortie:

Again: VXX new high, but SPY or QQQ both made higher lows

Whoever has the best theory on this is gonna get very rich...

The ETF's represent stock indexes, the VXX volatility.

Other than stocks tend to take the stairs going up and the elevator going down, they're apples and oranges.

 

[tradingjournals]

Rewrite his question in your words - you may however not include insults.