| StockFetcher Forums · Stock Picks and Trading · A Newbie's Journey | << 1 ... 6 7 8 9 10 ... 48 >>Post Follow-up |
| sandjco 648 posts msg #137732 - Ignore sandjco |
8/19/2017 1:57:15 AM XIV > $85 or < $72 VXX >$14 or < $12 Which one will move where? |
| mahkoh 1,065 posts msg #137739 - Ignore mahkoh |
8/19/2017 8:17:46 PM At some point in time VXX will definitely go below 12 |
| sandjco 648 posts msg #137753 - Ignore sandjco |
8/20/2017 10:39:55 AM VXX is due for the reverse split (4:1) on Aug 23rd. Every time it hits $25 and below, the issuer can reverse split the issue. This will be the 5th time since its inception in 2009. Had VXX been around since the 1900's, I would think that these reverse splits would happen regardless as the market has always gone up outside of the spikes that would have had happen during the bear markets. What Global event would trigger a "bear" market ala dot.com era or the financial crisis era? The common culprits so far are the Korean tension, terror in Europe, and the drama in the White House. One could arguably see the dot.com bubble as well as the financial crisis brought about by the ninja jumbo mortgages. Interestingly enough...both occasions, the realization came about from conversations with taxi drivers in Vegas. The dot.com one was my driver claiming to "day trade" on the side and the second one to claim that he was able to buy 4 houses. What is being missed this time? |
| mahkoh 1,065 posts msg #137759 - Ignore mahkoh modified |
8/20/2017 3:48:18 PM Well, right after posting I realized I should have said 'the only way to prevent VXX from moving below 12 is reverse splitting it..' What is missing? I think the Fed losing access to the printers would cause a bear market. |
| sandjco 648 posts msg #137765 - Ignore sandjco |
8/20/2017 9:47:45 PM "Fed losing access to printers...." I know this has been debated within the academia...however, it seems to me that in reality....the "powers that be" will almost always have access to these printers in order to placate the masses and forward their agenda. I may be wrong....the solution to the financial crisis was.....??? Not sure how you can wean off from crack (printers). |
| sandjco 648 posts msg #137790 - Ignore sandjco |
8/22/2017 10:39:14 AM While this wasn't part of the original plan...I'm gonna add to my XIV position at $80.64. Is this what's called "playing the bounce"? |
| Statman 2 posts msg #137793 - Ignore Statman |
8/22/2017 11:50:17 AM yea, but buying the dip would have been buying in the 70s. We're already halfway back up from the drop. |
| johnpaulca 12,036 posts msg #137794 - Ignore johnpaulca |
8/22/2017 1:13:28 PM That would depend on his risk tolerance. |
| sandjco 648 posts msg #137802 - Ignore sandjco |
8/22/2017 9:41:12 PM "yea, but buying the dip would have been buying in the 70s. We're already halfway back up from the drop." ...can you tell me exactly what you are trying to tell me? I'd prefer not to misread anything. and thanks johnpaulca. |
| sandjco 648 posts msg #137813 - Ignore sandjco modified |
8/24/2017 12:21:27 AM ACB of approx $76.90  To sell or not to sell. To let the profits erode or ...take whatever I can tomorrow? Was so undecided today. Plan dictates to take profit. Greed is tempting me to sit it out and see what happens....can't seem to push past the EMA(8). Closed out TZA short for a tiny profit. |
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