SPX
Edited by tommyt, 22 May 2013 - 09:47 AM.
Blowoff
Started by
tommyt
, May 22 2013 09:38 AM
6 replies to this topic
#1
tommyt
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Posted 22 May 2013 - 09:38 AM
Call it what you want, but the swings will pick up now as we come into a trading high...VIX doesnt go down. This stage not for the faint of heart. Its time to own premium
SPX
SPX
#2
10Shekel
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Posted 22 May 2013 - 09:53 AM
If I was a fund manager or conservative value investor for a big time shop....I'd have to be saying to myself, "all-time and multi-year highs...sure would look good on that annual report about now...maybe we should take a profit here?"
I'm ready to rumble 
!
!
Edited by 10Shekel, 22 May 2013 - 09:58 AM.
#3
arbman
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#4
tommyt
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Posted 22 May 2013 - 10:03 AM
It looked like a huge squeeze so far...
Arb, if I am right, June gonna be some wild month.
#5
PrintFaster
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Posted 22 May 2013 - 10:56 AM
Some mutual fund who sat on the sidelines the last 6 months and "desperate to make their year" is now up 122% on this low float screamer, LOL...
[attachment=20904:clnt0522.png]
#6
orange
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Posted 22 May 2013 - 12:19 PM
Call it what you want, but the swings will pick up now as we come into a trading high...VIX doesnt go down. This stage not for the faint of heart. Its time to own premium
SPX
The VIX remaining flat is not bearish.
We just made new 52 weeks highs, again. Definitely a sign of a top forming.
"When your position is underwater, average down" - Professional Trader
#7
tommyt
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Posted 22 May 2013 - 12:26 PM
Call it what you want, but the swings will pick up now as we come into a trading high...VIX doesnt go down. This stage not for the faint of heart. Its time to own premium
SPX
The VIX remaining flat is not bearish.
We just made new 52 weeks highs, again. Definitely a sign of a top forming.
not a top yet...but a pick up in volatility happens before a top. Traders are also fearful of holding premium into the long weekend...again, VIX has not gone down over a month with the SPX up big.
Edited by tommyt, 22 May 2013 - 12:35 PM.
