guspenskiy13
976 posts
msg #120023
- Ignore guspenskiy13 |
5/23/2014 2:50:41 PM
its gotta pop
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johnpaulca
12,036 posts
msg #120024
- Ignore johnpaulca |
5/23/2014 2:54:22 PM
in a sideways market indicators will keep resetting giving false readings. Stick to the trend and you will be on the right side, predict what the market will do and it will eat you up...that's a fact...
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guspenskiy13
976 posts
msg #120025
- Ignore guspenskiy13 |
5/23/2014 2:55:31 PM
I guess it did for today... I hate days like this.....slow grinding slow grinding fck that
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guspenskiy13
976 posts
msg #120026
- Ignore guspenskiy13 |
5/23/2014 2:56:58 PM
I dont think SPY has upside tho. so overbought. only crazy would buy... 8 cents from previous high like 1.5 weeks ago..
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johnpaulca
12,036 posts
msg #120027
- Ignore johnpaulca |
5/23/2014 3:03:54 PM
SPY...is not overbought on daily still has room to run, that's the scary part if you're a bear....Trend is still intact. no sign of weakness...technically.
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guspenskiy13
976 posts
msg #120028
- Ignore guspenskiy13 |
5/23/2014 3:06:03 PM
JP do you know how many times VIX stayed lower than 12 in past two years?
that fcked me up.... I was expecting a drop yesterday, expected a drop today....
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johnpaulca
12,036 posts
msg #120029
- Ignore johnpaulca |
5/23/2014 3:06:07 PM
My reason to short with UVXY is purely mean reversion.
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johnpaulca
12,036 posts
msg #120030
- Ignore johnpaulca
modified |
5/23/2014 3:07:15 PM
so was everyone but it wasn't reflected in price action, every dip was bought.
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johnpaulca
12,036 posts
msg #120031
- Ignore johnpaulca |
5/23/2014 3:12:16 PM
TNA...just sold cuz we're at the top of the channel...see 2-hr chart with BBema(125,0.1)
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guspenskiy13
976 posts
msg #120032
- Ignore guspenskiy13 |
5/23/2014 3:16:09 PM
VIX has been at this level 2 times during 2 years...
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