ahcsim72
151 posts
msg #129670
- Ignore ahcsim72 |
7/8/2016 9:43:46 AM
$TVIX... always feel like playing with a fire..
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shillllihs
6,090 posts
msg #129671
- Ignore shillllihs
modified |
7/8/2016 9:49:24 AM
Yes, I'm with you. I'm trembling inside thinking about it.
Then play Vxx, not as bad.
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shillllihs
6,090 posts
msg #129672
- Ignore shillllihs |
7/8/2016 10:31:13 AM
No mans land. I'm out till,
TVIX, if weekly IFT(2,1) goes over .90
or gap up over Lower Weekly Acceleration Band(20)!!!
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shillllihs
6,090 posts
msg #129673
- Ignore shillllihs |
7/8/2016 10:39:49 AM
2 to 4 weeks of sideways nothingness. You will see.
So until then, I'm out.
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shillllihs
6,090 posts
msg #129677
- Ignore shillllihs
modified |
7/8/2016 11:59:51 AM
Change of plan. First purchase of Tvix at 1.72. 12% position.
Looking to get in cheaper.
Started with 7g now worth 21g. This is cash I have no problem losing. I will let
it ride as if I am at a crap table in Vegas, the only real way to make money.
I don't go to bars and don't smoke cigs so no biggie.
My goal is to win Big within 24 months if I don't lose it all.
If goes as planned, could turn this into 700,000 by then...
Disclaimer: This system and the way I am playing it, is extremely dangerous if
you are a broke-ass and cannot afford to lose money... you & I will probably
lose all our gambled cash so do not try it.
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c1916
77 posts
msg #129680
- Ignore c1916 |
7/8/2016 1:26:40 PM
I've been legging into TVIX and UVXY over the past couple of months. Volatility WILL return to the market, it just seems to be a matter of when. I think the idea of turning 21k into 700k is probably a stretch (but I hope you're right as that would benefit me as well). The days of TVIX at $100 are unlikely to be revisited in my lifetime. I'm looking for a four-bagger here with a ten-bagger being the limits of my optimistic viewpoint.
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c1916
77 posts
msg #129681
- Ignore c1916 |
7/8/2016 1:28:29 PM
And, like Shills, this is play money. I'm about 75% cash. I do not trust this rally, and am not even thinking about buying into these gains with retirement funding.
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pthomas215
1,251 posts
msg #129682
- Ignore pthomas215 |
7/8/2016 1:52:26 PM
shillihs, I'm sure you know at $1.72 or less, TVIX is a gift.
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shillllihs
6,090 posts
msg #129683
- Ignore shillllihs |
7/8/2016 1:58:59 PM
Let's hope so. Why do you think it's a gift here?
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pthomas215
1,251 posts
msg #129684
- Ignore pthomas215 |
7/8/2016 2:18:17 PM
well, as you imply, we never know anything for sure. but Im basing it on support and resistance levels, history of not being in this range, reaching a new 52-week low today, and the lower acceleration band(20) was reached around 1.76 or so. I say its a gift for the type of swing trading Ive been doing. Most likely it will hit 2 bucks in a day or so and I will be happy with 30 cents. the odds of this cost basis being poor positioning seem to be slim, but who the hell knows ha
whats confusing the hell out of me right now is the relationship between the market, gold stocks like KGC and gold bear stocks like DUST. DUST is once again looking like a good buy, but if the market tanks on Monday KGC would most likely go up yet again. dont know what DUST would do.
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