10/08/2012 Live Update

[Al_Dente]

These are my long choices at the moment:
In this order, top to bottom:
No
No
No
No
No
This will change quick if/when the bears start covering like honey badgers

[joe-gamma]

es futrs 10 hour bars, look to consolidate in todays range for a few days, with a slight bias to sell upticks, look for volume to develop down towards 1443.50ESZ

area early this week,
GLTA and thanks for all the great charts BOARDIES!

[uempel]

This is very speculative and for fun only. I draw these kind of charts when I'm bored

[joe-gamma]

This is very speculative and for fun only. I draw these kind of charts when I'm bored

990.png

Your BOREDOM keeps us wildly enteratined AND INFORMED!

i'm thinking buy rut or naz now for a lunchtime pop, then re evaluate the 2pm signal?

[uempel]

harapa
here is the 15 day view of invisible VIXes with ribbon MAs (inverted except for XIV ribbon is not inverted)
based on the bb52x version, but different MAs

108vix15.png

I guess harapa left us. Presume he was bored to death, like me too...

[Cobra]

volume surge, may see a pullback here, then we'll see.

[Harapa]

Hi Harapa

May I ask: what time frame do you use on the inverted vixes which you showed us over at the blog on Saturday? Were those dailys?
Since I post different variations of these relationships it would be easier to answer if you were to ask this question on the chart of interest/or paste a copy of it .

I read here that you saw a sell signal Friday afternoon on a 5 min inverted VIX on SPY. So my second question is: did you backcheck the success rate with a 5 min, does it have the same positive results as with those other inverted vixes, the ones you showed over at the blog?
Here are results of two diffrent setups in 5 min time frame going back to March of this year. Does these look impressive? For max/min a negative number would indicate a loss, lack if it means there was no loss. May be I should have labelled this as max/min gain

I'm asking these questions because those charts you showed us were quite impressive

I've been in this business for quite a few years without giving much attention to vixes. Why? For me buying vixes is like buying fire extinguishers. And I don't necessarily see a correllation between fire extinguishers and fires. Of course, vixes do show a fear factor, but we don't know if it's the owners of real estate who buy the fire extinguishers - or if it's just some big boys who want to play/corner the fire extinguisher market - i.e. guys who buy naked speculative positions.
It's a bit like the oil market - we never know what's for real and what's the speculative side.
My back testing of these show a remarkable ability of VIXIES to identify entry exit points in various time frames. This makes me to think that even though this is the game of Big Boys, it is played with a purpose.

Harapa, I liked your charts very much and I might have to review my opinion
May be or may be not
Thanks for your input.

Appreciate your interest in the charts. My responses are above in blue. I also like to credit AL who's presentation of inverse vix inspired me to look at their use in this way.

[Al_Dente]

harapa
here is the 15 day view of invisible VIXes with ribbon MAs (inverted except for XIV ribbon is not inverted)
based on the bb52x version, but different MAs

108vix15.png

I guess harapa left us. Presume he was bored to death, like me too...

uempel just don't be mean to VIX
she can hurt u

[victorm]

that's it, it make me nervous, selling TZA and wait...

[uempel]

This is very speculative and for fun only. I draw these kind of charts when I'm bored

990.png

Your BOREDOM keeps us wildly enteratined AND INFORMED!

i'm thinking buy rut or naz now for a lunchtime pop, then re evaluate the 2pm signal?

Thanks, I'm only checking up on SPX and DAX at the moment. No idea about those other two. But note that RUT or NAZ should have others signals, I'm quite sure about that. Whatever, I don't like gambling and today is Casino day. Faites vos jeux... I'm really bored and I guess I'm going to switch off the monitors for an hour

[Harapa]

harapa
here is the 15 day view of invisible VIXes with ribbon MAs (inverted except for XIV ribbon is not inverted)
based on the bb52x version, but different MAs

108vix15.png

Wonderful, I was wondering about this.
Thanks for sharing these.

[Al_Dente]

harapa thanks for kind words
luv u

http://www.youtube.com/watch?v=kHs-6xnMEdE

[uempel]

Wow Harapa, thanks so much. I was just about to switch off the screens. And I didn't see your name down at the bottom so I presumed you went out for coke and cheeseburger (if you're a Michelle O fan it's hard bread and a salad )
And thanks to Al too, I really appreciate your input. I'm kind of glued to my little systems and I'm very thankful if somebody presents ideas which work

[MrMiyagi]

[MrMiyagi]

[Al_Dente]

harapa
here is the 15 day view of invisible VIXes with ribbon MAs (inverted except for XIV ribbon is not inverted)
based on the bb52x version, but different MAs

Wonderful, I was wondering about this.
Thanks for sharing these.

the bb52x version is probably better, but don't tell him i said that

[Cobra]

consolidation instead of pullback, looks like a small ascending triangle, so it's a little bit bullish biased.

[victorm]

Thanks MrMiyagi, I'm ready...

[Al_Dente]

Is it too much to ask for one full day when we don’t have to do the honey-badger Macarena
nydec is 1840
I think she’ll fail
but just in case, get the sqz goggles ready, not yet

[Cobra]

up indeed, now looks good for bulls.