03/22/2012 Intraday Watering

[TraderGirl]

I thought I had a good grasp on TVIX, but I don't understand how it can fall 25% today though. Took it on the chin, but well before the waterfall. Could have been really bad.

Were you notified in any way that the fund would be closed to new shares and that CS would not be supporting the price??

[BullBear52x]

Be careful of 1388 on Spx... Neckline break could see a sharp move down.. Target 1362 ish.

Yes, but I'm not sure about support 1360. 1370ish is very strong.

zz.png

You think they gonna let us play the second easy? gap! no bounce off or roll down but GAP

If this is the beginning of a trend change, I wouldn't be surprised with a little chop here , flat Friday ... With a gap down Monday. Fwiw.

140.00 is magic number for me as far as price, Trend is officially down per my time frame. That is MA5

[MrMiyagi]

look at Transports ($TRAN).

[rola]

IV TVIX /you can found that on yahoo finance/ is only 8,5 , that is why TVIX is today so down, but I do not understand why yesterday was 15??!!

[rola]

I mean yesterday market price was 15 not IV. IV today up for 0,9!!

[Al_Dente]

Tvix is eating all stops

If any one take heed on your warning about VXX-iv thy should be safe. the VXX so mess up no sell on TVIX (per VXX) until this morning, thank to you.

Baron
TVIX is down -26% today
VXX is up +5% VXX
Do not confuse TVIX with VXXXXXXXXXXX

PAGING ALL PEOPLES ON PLANET COBRA
Best not be trading TVIX until Suisse “unlocks” her
http://stockcharts.com/h-sc/ui?s=VXX&p= ... =258329999

[snakehead]

This is what I posted yesterday:


<< Alright, time for my 2 cents. I am new to the board -- and if anyone remembers my first post it was
to the effect that I would be selling at or around the new moon (today/tomorrow -- to be exact at something like 10 am EST tomorrow), with a fairly tight stop to the upside.

I've been tuning in that evil financial cable television channel (can i say the call letters here) (the one that features the bald carnival barker that seems to be mainlining meth-amphetamines). Let me put it this way -- I saw and was seen. I cannot keep count of how many times they said 'now is the time to buy stocks'. It was as if someone put out a memo this morning (boiler room style) and said PUSH STOCKS to the sheeple. It is almost comically how desparate they are to 'put lipstick on a pig'. They don;t even try to hide it anymore. And how about that call by GS ('now is the perfect time to buy stocks -- having to do with the global PE levels.)

SO, that settles it for me, I am OUT of the market starting at today's close (but not aggressively short, unless it breaks down a bit -- 1388 on $spx is my magic number to start buying puts). >>

The SPX almost triggered my 1388 put-buying strategy, but we still have the last hour of trading
Looks like the Bradley dates were more accurate this time around than the lunar cycles -- Thanks @ TraderGirl !
I have a gut feeling that we will be seeing a major breakdown here.

For SWalsh: http://www.youtube.com/watch?v=uQPXrLWm7fE

[BullBear52x]

look at Transports ($TRAN).

Another evident of "Always sell that Double top"


Thanks Cobra and everyone, I am going for a walk nice day out, got to wear shade.

[OverUnder]

FAS testing 105 again. Triple leveraged ETF or not, it's one of the keys to the market, earlier today stopped dead cold at 105.00

[wayne0708]

so far goes as planned, this is the 2nd leg down already.

What is your target, Cobra?

[KeiZai]

Tvix is eating all stops

There's got to be a lawsuit here, I wonder if they notified all of the investors of CS's actions of not supporting the market on this instrument....??? If I were in this thing I would sue!! I used to work for a pretty well known hedge fund, I sued them, they settled...wusses!

They are probably preparing to re-open issuing new shares, that "action" was only matter of time...at 8.5 Im buyer strange that trade is not halted

btw CS is a good timer my 2 cents are they expect either trend change or more down days

[Cobra]

back to support again. I'm still neutral.

[Richarab]

Trader Vix burning down.. amazing. and to think i had so many good memories there...

[Cobra]

so far goes as planned, this is the 2nd leg down already.

What is your target, Cobra?

I've posted this already: I HAVE A DREAM

[BullBear52x]

Tvix is eating all stops

If any one take heed on your warning about VXX-iv thy should be safe. the VXX so mess up no sell on TVIX (per VXX) until this morning, thank to you.

Baron
TVIX is down -26% today
VXX is up +5% VXX
Do not confuse TVIX with VXXXXXXXXXXX

PAGING ALL PEOPLES ON PLANET COBRA
Best not be trading TVIX until Suisse “unlocks” her
http://stockcharts.com/h-sc/ui?s=VXX&p= ... =258329999

Who confuse? here is buy and sell chart for TVIX I posted since last week. I don't think people lose money because of charts, it's a person who chose not to see what is. remember it is what it is.

[uempel]

Be careful of 1388 on Spx... Neckline break could see a sharp move down.. Target 1362 ish.

Yes, but I'm not sure about support 1360. 1370ish is very strong.

zz.png

That’s a nice one Uempel thx ……Amy… http://www.youtube.com/watch?v=namFjcOg ... re=related

PS: Kezai thanks for that bernank live link

Thanks Al, have not been listening to Amy for quite a while. Sure sad that the best vocalists get beaten to death by life.

[BullBear52x]

Last chart, the lead man say, take that ice cream money intraday freaks LOL! peace.

[Tek33]

I thought I had a good grasp on TVIX, but I don't understand how it can fall 25% today though. Took it on the chin, but well before the waterfall. Could have been really bad.

Were you notified in any way that the fund would be closed to new shares and that CS would not be supporting the price??

I haven't received anything directly from CS, but I knew it was closed. It's my own fault. I just didn't think the price would erode this sharp on a day like today. Like I said, it could have been a lot worse.

[TraderGirl]

FAS has some support around 103 and 98, but financials have had a pretty good run up based on what..?? Are the banks and financial firms really doing that well???

[Cobra]

test the day low, key time.