Member
Posted 25 March 2020 - 12:04 PM
As long as VIX still stays at highs the market is not out of the woods and re-rest of lows is almost a sure thing...................
note VXX has collapsed
VXX trying to gain a foothold back above 1 min 900 right now...
IF it turns back up here shortly, could see sizable move back up for a bit.
YES, but you do know that even a 50 point SPX move up result in a VXX implosion!
I want to see a bit more buying and a ST buying exhaustion before shorting.
Member
Posted 25 March 2020 - 12:06 PM
Taking a 4% gain on my VOO and XLF LONGS
Keeping BAC
Looking for a good LONG entry position in SMH
and a good entry position for SHORTING cruise stocks
Will buy VOO and XLF lower, whenever that is
Member
Posted 25 March 2020 - 12:09 PM
Incredible how ETFs such as VOO and SLF are moving so quickly up and down... in normal times these hardly move more than a 1% a day (of course the underlying did not move more than that but I rarely watched those ETFs except on my hourly chart)
Now you can daytrade those with 5% or more intraday!
Member
Posted 25 March 2020 - 12:24 PM
closing all BAC for 12.8% profit
Member
Posted 25 March 2020 - 12:32 PM
Moved my stop from my 2190 buy to 2470 now and taking profits on my sold 1500 put for $13.00 and 2000 put $30.00. That is a years worth of put profits right there in 3 days, amazing, never seen that before!!
Member
Posted 25 March 2020 - 12:42 PM
SOX clears the March 13 ramp high...
The Force is strong with this one.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 25 March 2020 - 12:43 PM
3X SOXS getting slaughtered...already back to Feb 20 levels
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 25 March 2020 - 12:45 PM
VIX still not backing off.
Likely getting fairly close to swing top here...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 25 March 2020 - 12:59 PM
Watch RCL here...back below 42 now could signal this ramp in the Cruisers is about done for now....what a ramp it was though!
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 25 March 2020 - 01:20 PM
As long as VIX still stays at highs the market is not out of the woods and re-rest of lows is almost a sure thing...................
note VXX has collapsed
VXX trying to gain a foothold back above 1 min 900 right now...
IF it turns back up here shortly, could see sizable move back up for a bit.
VXX is up almost 6% today .............
