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03/23/2012 Intraday Watering

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L_T
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Re: 03/23/2012 Intraday Watering

Post by L_T »

jarbo456 wrote:
jarbo456 wrote:
Richarab wrote:
jarbo456 wrote:ok...who wants to buy TVIX with me now?
lets do this! all in baby!
what an f'n nutty asset...is it now trading below implied value?
oh...i guess it's now at 7.01...so we still have 41 cents to shed.
Whoa that is so broken. Can anyone really trust it's "true" value after the beating and sketchy happenings surrounding it? Pure gambling IMHO.
stepture
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Re: 03/23/2012 Intraday Watering

Post by stepture »

Cobra,

Why does XIV increase so much? Does it mean something?

Thanks
TraderGirl
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Re: 03/23/2012 Intraday Watering

Post by TraderGirl »

potential H&S on ERX....
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Cobra
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Re: 03/23/2012 Intraday Watering

Post by Cobra »

guess no time to check my plan now. usually the Friday close is strong and keep going up in AH. Let's see if this has been changed or not.
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Cobra
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Re: 03/23/2012 Intraday Watering

Post by Cobra »

stepture wrote:Cobra,

Why does XIV increase so much? Does it mean something?

Thanks
no idea. I never figured out VIX and its futures relationships, so I assume they're totally different things. and VIX doesn't work nowadays anyway. :lol:

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Cobra
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Re: 03/23/2012 Intraday Watering

Post by Cobra »

2 small legged pullback already but not much damage, so I think it's still possible we see a rebound to close.
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xfradnex
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Re: 03/23/2012 Intraday Watering

Post by xfradnex »

tvix and s&P going same direction again-down past low of day. It is doing what it was built to do, F everyone. :evil:
Flip that coin.

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snakehead
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Re: 03/23/2012 Intraday Watering

Post by snakehead »

I am seeing a BEARISH DOWNSIDE TASUKI GAP on OIH, XLE, DIG, and other energy-related assets.
So I am dumping the rest of my energy holdings at the close. :twisted:

I also bought some out of the money puts on PCLN. :o

http://www.youtube.com/watch?v=uQPXrLWm7fE
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
jimme
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Re: 03/23/2012 Intraday Watering

Post by jimme »

Have a great W/E and thanks for sharing. Staying fully short here. GLTA jimme
stepture
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Re: 03/23/2012 Intraday Watering

Post by stepture »

Cobra wrote:
stepture wrote:Cobra,

Why does XIV increase so much? Does it mean something?

Thanks
no idea. I never figured out VIX and its futures relationships, so I assume they're totally different things. and VIX doesn't work nowadays anyway. :lol:
Thanks a lot for your reply.
TraderGirl
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Re: 03/23/2012 Intraday Watering

Post by TraderGirl »

Cobra wrote:
stepture wrote:Cobra,

Why does XIV increase so much? Does it mean something?

Thanks
no idea. I never figured out VIX and its futures relationships, so I assume they're totally different things. and VIX doesn't work nowadays anyway. :lol:
VIX products may be getting dumped because of the issues surrounding TVIX, people are getting nervous in holding too much risk, so they could be dumping. If we continue to have small moves in the mkt (10-15 spx pts) then volatility is not there, and these products may continue to go down. The best trades this year were probably shorting VIX products. I personally will be staying away until June/July and then assess at that time whether the instruments have any merit...
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KENA
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Re: 03/23/2012 Intraday Watering

Post by KENA »

Thanks for the week Cobra and everyone have a great weekend..I'm slightly bullish for Mon.
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Cobra
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Re: 03/23/2012 Intraday Watering

Post by Cobra »

AAPL might be a Descending Triangle here, so not good. Just a reminder, if you like my intraday comments, please "vote" and "follow" me here, thanks: http://stockcharts.com/public/1684859/tenpp
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Petsamo
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Re: 03/23/2012 Intraday Watering

Post by Petsamo »

I placed my bet for a Monday gap up. FCX @ 38.53, 100 shares
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johnnywa
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Re: 03/23/2012 Intraday Watering

Post by johnnywa »

This bear gonna go poop in woods,i think 1420 by 25th... :cry: :cry: :cry: :cry:
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Cobra
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Re: 03/23/2012 Intraday Watering

Post by Cobra »

strong rebound to close Friday as I said. guess that's it for today, bears still have some hopes the next week. thank you guys I'll see you the next Monday.
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Cobra
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Re: 03/23/2012 Intraday Watering

Post by Cobra »

TraderGirl wrote:
Cobra wrote:
stepture wrote:Cobra,

Why does XIV increase so much? Does it mean something?

Thanks
no idea. I never figured out VIX and its futures relationships, so I assume they're totally different things. and VIX doesn't work nowadays anyway. :lol:
VIX products may be getting dumped because of the issues surrounding TVIX, people are getting nervous in holding too much risk, so they could be dumping. If we continue to have small moves in the mkt (10-15 spx pts) then volatility is not there, and these products may continue to go down. The best trades this year were probably shorting VIX products. I personally will be staying away until June/July and then assess at that time whether the instruments have any merit...
the problem is most likely your broker won't allow you to short TVIX as it's almost free money. I did try but no luck, it's not allowed.

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snakehead
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Re: 03/23/2012 Intraday Watering

Post by snakehead »

This pic hits the nail right on the head, imo:

http://www.zerohedge.com/sites/default/ ... Master.jpg
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
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Harapa
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Re: 03/23/2012 Intraday Watering

Post by Harapa »

R2K ended regular session with all engines on fire. Wouldn't be surprised if it Gap up Monday. Have a nice weekend.
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stepture
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Re: 03/23/2012 Intraday Watering

Post by stepture »

TraderGirl wrote:
Cobra wrote:
stepture wrote:Cobra,

Why does XIV increase so much? Does it mean something?

Thanks
no idea. I never figured out VIX and its futures relationships, so I assume they're totally different things. and VIX doesn't work nowadays anyway. :lol:
VIX products may be getting dumped because of the issues surrounding TVIX, people are getting nervous in holding too much risk, so they could be dumping. If we continue to have small moves in the mkt (10-15 spx pts) then volatility is not there, and these products may continue to go down. The best trades this year were probably shorting VIX products. I personally will be staying away until June/July and then assess at that time whether the instruments have any merit...
Hi TraderGirl,

Thanks a lot for you sharing your thought on VIX products. It makes sense to me.
I used to think maybe people expect no big drop or large up and down in the coming days, so they dump vix. It quite lines up with what you say.
Many thanks.
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