Back to www.cobrasmarketview.com |
Gotcha,sorry for leakCobra wrote:I cannot answer you directly because it's not fair to paid members (I know you're member), just remember the daily chart evil plan? The one I put as Big Picture, check that. Maintain the plan.johnnywa wrote:Cobra,any chance this is your 6.5% move down or do we test high one more time and if failure we setup short postion
VXX mess everything up.jinming wrote:Cobra, question about TVIX? I don't understand why it drops so much. Could you explain it ?
TVIX doesn't reflect VIX futures anymore, it's on its own because it's a closed ETF now.jinming wrote:Cobra, question about TVIX? I don't understand why it drops so much. Could you explain it ?
they should really change the name for TVIX...it's no longer a 2x VIX Short Term ETN anymore...Cobra wrote:TVIX doesn't reflect VIX futures anymore, it's on its own because it's a closed ETF now.jinming wrote:Cobra, question about TVIX? I don't understand why it drops so much. Could you explain it ?
I believe TVIX has been trading at higher premium than its NAV which is ^TVIX-IVjinming wrote:Cobra, question about TVIX? I don't understand why it drops so much. Could you explain it ?
Interesting read, could this explain the reason why we have these sudden vix drop of 5-6% for a few minutes then a quick recovery?jarbo456 wrote:they should really change the name for TVIX...it's no longer a 2x VIX Short Term ETN anymore...Cobra wrote:TVIX doesn't reflect VIX futures anymore, it's on its own because it's a closed ETF now.jinming wrote:Cobra, question about TVIX? I don't understand why it drops so much. Could you explain it ?
here's a decent and simplified explanation as to why these levered etp's have to be rebalanced all the time, and even when they are, they still tend to go haywire.
http://sixfigureinvesting.com/2012/03/t ... olatility/
I also recommend you this article http://seekingalpha.com/article/428511- ... pportunityshumushu wrote:Interesting read, could this explain the reason why we have these sudden vix drop of 5-6% for a few minutes then a quick recovery?jarbo456 wrote:they should really change the name for TVIX...it's no longer a 2x VIX Short Term ETN anymore...Cobra wrote:TVIX doesn't reflect VIX futures anymore, it's on its own because it's a closed ETF now.jinming wrote:Cobra, question about TVIX? I don't understand why it drops so much. Could you explain it ?
here's a decent and simplified explanation as to why these levered etp's have to be rebalanced all the time, and even when they are, they still tend to go haywire.
http://sixfigureinvesting.com/2012/03/t ... olatility/
TraderGirl, my supports are here:TraderGirl wrote:Today was a turn date, and I thought it would be to the upside, since all we have done is up, up, up, so looks like it was to the downside. Could be more down tomorrow if we don't hold support at 1390, next area of support is 1378/1380 on bottom trend line. Long term upper channel resistance proved to be formidable resistance zone at 1412ish with an over throw....
I prefer not to say who but let me say that on August 9th they crashed the servers purposely after the Fed announced (essentially) "we got nothing but low rates forever". O read that Nasdaq hit 92% of capacity at one point and 100%+ shuts them down to a reboot that they have never done and wipes all orders out.victorm wrote:I'm with Scotia iTrade brokerage, so, it's ulready 34 min their server is down. Can't login, can't do anything.... They apologise and have no idea when the service will resume. That's real fun ...