03/22/2012 Intraday Watering

[TraderGirl]

Trader Vix. holy f***
i figured i could hold some positions from earlier in the year. just sit on em. but WTF?! its crashing on a day it should be flying?>!@#!@#$@#$%

You are rich, what do you care?! JK...hopefully it was a small position, sorry rich...

[uempel]

FWIW, I had posted a T-Theory chart that gave us two weeks ago as a top from 2003. Missing by 2 weeks is not a big deal as on a monthly it would say a top in March.

Be careful with T-Theory. In my experience T-Theory has a pretty spotty record in predicting the future (I have been following him since 2002). IMHO it is like EW; rarely right but never wrong!

Harapa, I'm a big fan of T, but I had to work on it. Only works if some basic requirements are met.

[DRL]

TVIX IV catching up TVIX : http://finance.yahoo.com/q?s=%5ETVIX-IV
11%

So, when does TVIX get to fair value??

It will get to fair value when they start re-issuing new shares and stop being a closed fund. Guess which way TVIX will go? IMHO it will quickly match TVIX-IV.
We are likely seeing the beginning of that today with TVIX down so much. That is why I have switched to UVXY.

[KENA]

Wow this rebound starting to stink. I'm out of UPRO.

It seems you trade alot of $ at any one time in the hi 5 and 6 digits.Do you trade $ or paper.Your trading pattern seems sort of random jumping in and out.

[Al_Dente]

[btran874]

Wow this rebound starting to stink. I'm out of UPRO.

It seems you trade alot of $ at any one time in the hi 5 and 6 digits.Do you trade $ or paper.Your trading pattern seems sort of random jumping in and out.

See the avatar? I print my own money at home.

[KeiZai]

TVIX IV catching up TVIX : http://finance.yahoo.com/q?s=%5ETVIX-IV
11%

So, when does TVIX get to fair value??

Tvix iv needs around +40% (4$)then they will be +- equal

[Jose]

Update on NDX 100

It has been the leader of this bull rally since December and still is. If it can close this hour above EMA 50 and above that "broken several times, but still seems nice" ex-channel top which is right there after, it would be great for the bulls.

[jimme]

Trader Vix. holy f***
i figured i could hold some positions from earlier in the year. just sit on em. but WTF?! its crashing on a day it should be flying?>!@#!@#$@#$%

You are rich, what do you care?! JK...hopefully it was a small position, sorry rich...

He was daydreaming about tennis. GLTA jimme

[KeiZai]

SPX mels update

[Cobra]

my wild-est-est-est guess.

[Al_Dente]

ZSL breakout 5min

[uempel]

Last chart, bye guys.

[TraderGirl]

Wow this rebound starting to stink. I'm out of UPRO.

It seems you trade alot of $ at any one time in the hi 5 and 6 digits.Do you trade $ or paper.Your trading pattern seems sort of random jumping in and out.

See the avatar? I print my own money at home.

[TraderGirl]

Last chart, bye guys.

66.png

What's your thinking uempel, down to bottom trend channel around 1380, or bounce from here..??

[Cobra]

this chart should be clear why I think there's one more push up. If a strong up then bear's game over AGAIN, so let's see.

[TraderGirl]

SLV, could be support around 28.80 to 27.20...

[btran874]

No strong push up please.... I am waiting to get in UPRO again at 1.618% level on SPX. 1381.34 to be exact.

[BullBear52x]

ZSL breakout 5min

some number to look to

[jimme]

SPY 20 day MA at 1382 and the 50 is at 1349. Have a good afternoon and thanks to All for your excellent stuff. GLTA jimme