39 replies to this topic

[TTrader47]

The VIX today is going insane. Could be an interesting close here... Have to see if the markets break their lows. Looking to book profits before too long...

[Mr Dev]

YES it is ...my bold 13.24 target was just surpassed at 13.57 and a 13.64 HOD... now looking for RuT 1134 ..targeted here at the board... about a week or two ago.


but the haters wont care....they will reffer to a missed call i made back in 2012 or something like that.

but enough ...they are not spoiling the party today....but i hear them waiting for.. another 30-50 point decline in the SPX to see if this sell off is real...

i personally aint got that kinda time...to wait. id always rather be early ...and sometime wrong (with stops) than stupidly late and lose big time.

Edited by Mr Dev, 17 July 2014 - 02:14 PM.

[TTrader47]

YES it is ...my bold 13.24 target was just surpassed at 13.57 and a 13.64 HOD... now looking for RuT 1134 ..targeted here at the board... about a week or two ago.


but the haters wont care....they will reffer to a missed call i made back in 2012 or something like that.

but enough ...they are not spoiling the party today....but i hear them waiting for.. another 30-50 point decline in the SPX to see if this sell off is real...

i personally aint got that kinda time...to wait. id always rather be early ...and sometime wrong (with stops) than stupidly late and lose big time.

I appreciate your work. I usually compare it to what im seeing on my charts... The VIX though! WOW! I thought the market could potentially try and squeeze out a high as I was shorting volatility... Until it didn't. Was flat on the SVXY position that I had for a couple days that I closed this morning... Flipped long UVXY as posted earlier

[Devastator91]

Appreciate your work as well Dev. My slight issue is you sometimes hedge your calls by bringing up POMO, which is a coin flip as to the actual effect it has on the market at best. Otherwise, your reasoning and thoughts are pretty sound, and you're not always calling 50 point drops, then inexplicably changing such a bold call 2 days later. FWIW, good luck to everyone's trades and their analysis.

Edited by Devastator91, 17 July 2014 - 02:52 PM.

[Mr Dev]

holy crap this DAY is SWEET !!!

[Mr Dev]

you got me confused with blu I never call 50point drops...i dont closely follow the SPX ...(which must refer to a 50 point drop as in the INDU means nothing)..

and i dont trade the INDU ..

i only trade the RUT EEM and GOLD...sometimes vix

drops are not given in points or targets as i wait ...and trade off of buy signals ...and sell signals...i have little awareness (imho) as to where markets want to wiggle with prices...so i wait

because its easier to SEE and figure out.

so a quick apology is in order but you dont need to post to me...anymore.

haters usually remain haters. . and ill make fools of them most of the time.

Appreciate your work as well Dev. My this game is you sometimes hedge your calls by bringing up POMO, which is a coin flip as to the actual effect it has on the market at best. Otherwise, your reasoning and thoughts are pretty sound, and you're not always calling 50 point drops, then inexplicably changing such a bold call 2 days later.

FWIW, good luck to everyone's trades and their analysis.

Edited by Mr Dev, 17 July 2014 - 02:59 PM.

[Devastator91]

What do you see as the ST and then IT on RUT and then IWM. Seems like IWM stops its descent the worst RUT gets. Surprised the March-May swoon kept it over 100. Your thoughts?

[Devastator91]

Never said you made those 50 point calls. Anyway, I see what kind of mind frame you're in, butI'm not a hater, but whatever. Just wanted to give my appreciation for you actually being brave enough to make calls and they're more accurate than most. KB

Edited by Devastator91, 17 July 2014 - 03:03 PM.

[SemiBizz]

1127-1130 by the close today would not be a surprise..

I think what we gonna see now..

Is this news...

Sets up a Synaptic Decline.

No matter what else happens, this event will keep popping into the collective consciousness of the market.

Security Threat with no answers now.

Is it gonna be safe to fly or not?

Well, it was ugly today, but it could have been UGLIER...

Once 1146 was broken...

The die was cast.

Maybe we'll get a bounce, but we don't have to...

[Mr Dev]

RUT 1133.60 ....which only missed MY 1134 target by .40 cents ....obviously MrDev is doing his homework..


next stop to watch is 1113 ...THE WEEKLY 50 Day NOTHING ELSE IN BETWEEN REALLY MATTERS NOW.

any bounce while the MoMo is in this Extreme Territory is just a bounce....before lower prices.

SPX INDU NDX all started their daily sell signals today...almost two weeks later than the RUT.. means more pressure for the RUT to come.

Edited by Mr Dev, 17 July 2014 - 03:14 PM.