Is there specific reasoning that could back up a future surge of TVIX?
Data is promising; Greek deal is expected on next Monday; SPX finally broke out after consolidation? Almost everything points to a bullish rally, could you give some reasons to justify your action?
Thanks!
BullTart wrote:
Al_Dente wrote:
BullTart wrote:TVIX chomp chomp time is here... 2500 @ 18 to see how good this meal is.
preciate that chief
I’ll be right behind u…..little bit later
Got a killer TVIX chart for yr fans today?
Added a little more on this tiny downdraft @ 17.9... too busy to post charts now.
VIX futures not down as much as it should be if S&P us up 12 handles. VIX itself is approaching the midpoint of its BB band.
Plan to hold this overnight, depending on close. Let's see what happens.
I thought I would have a look at the monthly SPX using my 5 minute chart settings. I'm now I am a bit worried. Given latest news re Greece etc, I am expecting a big drop, however, the monthly chart seems to signal we are now in an uptrend so Buy the dips. What do you think? When close above below the grey cloud, has been a trend of approx 300 points. Price at 1350 means possible price of 1650 between 6 months to 3 years from now. Support seems to be in the 1100 area.
Last edited by Travelfrog on Thu Feb 16, 2012 4:15 pm, edited 1 time in total.
ClarkW wrote:WSJ Alert: ECB to swap it's Greek Bonds
"The ECB has moved to protect it's 50B Gree-bond portfolio from losses by swapping the bonds for new ones issued by Greeks."
WTH does that mean?
It must mean buy gold miners Check out NUGT today. I had the finger on the trigger of that one earlier today, but decided there were better opportunities
[quote="FinancePhD"]Is there specific reasoning that could back up a future surge of TVIX?
Data is promising; Greek deal is expected on next Monday; SPX finally broke out after consolidation? Almost everything points to a bullish rally, could you give some reasons to justify your action?
SPX isn't the only index... Has the RUT and the NDX made a new high yet?
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"
This ain't intraday - but a break above the BB13/1 on a monthly closing basis (now at 1351) is bullish, period. But only unless something happens, which Wallstreet does not anticipate
Last edited by uempel on Thu Feb 16, 2012 4:29 pm, edited 1 time in total.
bulls still not looking bad, already 2 (small) legged pullback but still in consolidation area.
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