"and remember the vix is goin back to 8.....:>)"
http://www.siliconin...t=vix goin to 8
2009
Started by
da_cheif
, Nov 03 2017 10:52 PM
8 replies to this topic
#1
da_cheif
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#2
fib_1618
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Posted 04 November 2017 - 02:35 PM
To give a sense of where we've been and where we are right now.
It's amazing that there is so much order in what many believe to be unpredictable.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#3
da_cheif
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#4
opinionated
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Posted 05 November 2017 - 08:34 AM
Thanks Chief, Fib...
It did not fool everyone! You two and a few others called this long ago. Those who did not, have not made a mess of money are those who simply did not believe. (Myself included) Not sure why these mental blocks exist. Honestly as you point out these parabolic times the majority miss the move and not only miss it but loose money and fuel it by constantly shorting it. Not sure if it makes sense but it did when I started writing it!
#5
fib_1618
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Posted 05 November 2017 - 10:05 AM
Not sure why these mental blocks exist.
Because it's human nature to fear what we can't control or don't understand.
And even when can or when we do, we're always looking for a way out...just in case.
This is why technicians use analytical data...and leave the worry of how high is high to others to sort out.
The prime directive here is to make money on a consistent basis...up or down, it doesn't matter.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#6
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 05 November 2017 - 10:43 AM
Thanks Chief, Fib...
It did not fool everyone! You two and a few others called this long ago. Those who did not, have not made a mess of money are those who simply did not believe. (Myself included) Not sure why these mental blocks exist. Honestly as you point out these parabolic times the majority miss the move and not only miss it but loose money and fuel it by constantly shorting it. Not sure if it makes sense but it did when I started writing it!
As Marty Zweig always said "Don't fight the FED". In these times it's "Don't Fight Global Central Banks"
My opinion is when this ends it will be a pool of tears.
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#7
da_cheif
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Posted 05 November 2017 - 11:15 AM
Thanks Chief, Fib...
It did not fool everyone! You two and a few others called this long ago. Those who did not, have not made a mess of money are those who simply did not believe. (Myself included) Not sure why these mental blocks exist. Honestly as you point out these parabolic times the majority miss the move and not only miss it but loose money and fuel it by constantly shorting it. Not sure if it makes sense but it did when I started writing it!
As Marty Zweig always said "Don't fight the FED". In these times it's "Don't Fight Global Central Banks"
My opinion is when this ends it will be a pool of tears.
the only way this ends is a severe drop in the worlds population.....fear has and always will rise with price.....
#8
12SPX
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Posted 06 November 2017 - 08:37 AM
vix hit 884 today https://finance.yaho...com/quote/^VIX/
No it didn't that was in July but lowest close, 9.14.
Edited by 12SPX, 06 November 2017 - 08:38 AM.
#9
da_cheif
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