I have a lazy friend whose entire strategy for UBER-LONG TERM is:
Long stocks when VIX is below 24. Exit longs when VIX is above 24.
Period. That’s it.
That means he’s been long stocks for 27 months, and exited yesterday.
Gain of approximately +64 SPY points (plus margined)
I’ll have to check in with him to see if he sold yet…..
BullBear52x wrote: bears afraid I'll jump the camp
Papa won’t cover here
The VIX futures bears are going bonkers now that they are out of cantango
That’s the second-green-squeeze bar that made TWO POINTS each 5min bar in the last hour on UVXY, oy, not sure how long that sqz can last...
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BullBear52x wrote: bears afraid I'll jump the camp
Papa won’t cover here
The VIX futures bears are going bonkers now that they are out of cantango
That’s the second-green-squeeze bar that made TWO POINTS each 5min bar in the last hour on UVXY, oy, not sure how long that sqz can last...
Today is the day I see more signs of life in da bulls, but this is not a snare flu, it might be a Ebola
My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x wrote: bears afraid I'll jump the camp
Papa won’t cover here
The VIX futures bears are going bonkers now that they are out of cantango
That’s the second-green-squeeze bar that made TWO POINTS each 5min bar in the last hour on UVXY, oy, not sure how long that sqz can last...
Today is the day I see more signs of life in da bulls, but this is not a snare flu, it might be a Ebola
The green mountain is fading fast but bulls still have NY advancing volume = 2x declining volume, so a comeback is still possible, until that disappears
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
$VIX hourly is still with the bears, exhaustion gap down and reversal tomorrow will be nice, max out the fear and reverse. well, just my wishful thinking.
My comments are for entertainment/educational purpose only. NOT a trade advice.
...while the other crowed is not...
This is in contrast to last several days when both were net seller.
Smart money mostly leads the buy campaign while the other side is master of the sell...
You can track smart money activity on Stockcharts using Negative Volume index.
or FreeCharts which has both Smart and not so Smart Money Index.
vol surge, possible 4 push down, so hopefully a rebound here first then we'll see.
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