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03/16/2012 Intraday Watering

BigTurtle3
Posts: 6
Joined: Mon Nov 14, 2011 5:01 pm

Re: 03/16/2012 Intraday Watering

Post by BigTurtle3 »

You mean sell the Vix or sell the market?

Turtle -
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BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/16/2012 Intraday Watering

Post by BullBear52x »

BigTurtle3 wrote:You mean sell the Vix or sell the market?

Turtle -
sell SPY only. Buy TVIX
My comments are for entertainment/educational purpose only. NOT a trade advice.
stucap
Posts: 994
Joined: Thu Jul 14, 2011 12:25 pm

Re: 03/16/2012 Intraday Watering

Post by stucap »

I think the rumor that shocked the market down 2 points was that the Israeli Cabinet approved war against Iran.....

Brent went up to 126 if you all haven't noticed...
BigTurtle3
Posts: 6
Joined: Mon Nov 14, 2011 5:01 pm

Re: 03/16/2012 Intraday Watering

Post by BigTurtle3 »

I have been buying VXX - TVIX seems almost too crazy even for me - $VIX down TVix way up VXX unchanged .... any thoughts? Never seen that before ... ever ...

Any advice on VXX is welcome - I know it has bad contango ... but i believe TVIX is double levered?

Turtle -
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Cobra
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Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/16/2012 Intraday Watering

Post by Cobra »

divideby9 wrote:I follow that daily. I hope you keep doing it. It gives me an idea of the overall market.
Cobra wrote:
EFA wrote:
Cobra wrote:funny, market is falling while VIX collapsed. :lol:[/qu

UCO buy stop filled! Great... have a fantastic week-end!
hmm, I guess someone does read my daily portfolio update. I almost give it up because it's too damn hard to do 5 systems at the same time. :roll:
OK, I'll. That's the whole purpose of making it public - to force my self not to give up easily. :(

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SWalsh
Posts: 1266
Joined: Thu Dec 29, 2011 5:07 am

Re: 03/16/2012 Intraday Watering

Post by SWalsh »

BigTurtle3 wrote:Is it me or has someone figured out how to totally manipulate the $VIX and is just shorting instruments like VXX to make money off it ? I have never seen the Vix move this way before -

Turtle -
I said it earlier, and some may disagree, but I think we are seeing the death of public participation in the mkt so it's not a risk to premium writers.

Plus, the summer is coming and the Fed will be sure there is money to buy as only the template for full government control is in place. Implementation will be a drop in the market that has more people relying on government, but that has to wait until the coup is firmly in place. So no market makers feel any fear. And they might be right. Anyone seen any real risk to being long?

We are Greece with a media as a 5th column saying how great things are and delaying the recognized death of the US as a hegemonic power. All Colonel Obama needs are chevrons, sunglasses, a thin mustaches, and a tiny military cover for his tiny head. If that offends anyone I can only ask you to wake up. Were it not for there being no political party in opposition we would have had an impeachment by now and the banks wouldn't fax in the daily rules.

If you read that GS executive's letter there wasn't a word in that I didn't know more than 10 years ago, and a whole lot more. They will take every penny until the casino is closed. That's what 100% lack of regulations, enforcement, and prosecution brings. They know the Golden Goose might die, so they will kill it first. Writing premium each week/month, CDS, and 2x-3x vehicles they walk into zero is done without regard to any consequences. "Masters of the Universe" all, who need to be taken down. But Diogenes of Sinope is carrying his lantern, and downtown Manhattan is not to produce the honest man necessary to stop what Professor Black, prosecutor of the S&L bandits, called, "The Greatest Financial Crimes in History".
"I told you...................bring me everyone"...http://www.youtube.com/watch?v=MrTsuvykUZk
luckystar2006
Posts: 113
Joined: Tue Mar 08, 2011 3:41 pm

Re: 03/16/2012 Intraday Watering

Post by luckystar2006 »

I were wondering if Cobra could create a conspiracy thread with full admin access for SWalsh so he can bash any government, central banks or anybody that he dislikes???
I've been a MOMENTUM trader over a decade & I only trade setups ranging from scalping, day or swing trading for living. My posts on here are ONLY FOR FUN & therefore not recommending anything to anyone. GLTA.
mozart
Posts: 126
Joined: Sat Oct 15, 2011 9:42 pm
Location: Toronto

Re: 03/16/2012 Intraday Watering

Post by mozart »

Some people are saying that this smell like 2008.
They are talking even about it on BNN.
VIX is acting strange.
Greece is the old story, yet there might be more of the untold story there.
Wonder what kind of surprise is in the cards!
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