volume surge plus biggest red bar, hopefully a rebound of some kind here.
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While I am long TVIX which is essentially short the market, this is getting dangerous here... I don't want a full blown systemic meltdown, but I am starting to actually worry somewhat with the behavior being exhibited by the markets lately.
rebound as I expected but it's much stronger than I thought. Another very strong close? Unbelievable.
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Cobra wrote:rebound as I expected but it's much stronger than I thought. Another very strong close? Unbelievable.
Looks to me like every Wave we have been getting terminates as an Ending Diagonal. One more leg up then the bigger pullback. Probably bad news tomorrow.
better yet, let's run up 90 cents, to then fall again a dollar. hahaha...we'll just have to wait and see what happens...they're looking for a direction that will make the most people lose the most money.
Da Boyz sold zillions of Sep puts at a HUGE premium, due to the high VIX. Now ...they want all the guys who bought them to lose big time at OpEx , when those puts would expire out of the money.
Makes sense???
cougar wrote:Da Boyz sold zillions of Sep puts at a HUGE premium, due to the high VIX. Now ...they want all the guys who bought them to lose big time at OpEx , when those puts would expire out of the money.
Makes sense???
the wagon is hard to move when there are too many passengers on board. WS tries to dump little bears, it seems.