johnpaulca
12,036 posts
msg #120666
- Ignore johnpaulca |
6/11/2014 10:28:22 AM
GILD...riding this bad buy
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johnpaulca
12,036 posts
msg #120667
- Ignore johnpaulca |
6/11/2014 10:29:22 AM
VXX...pop
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guspenskiy13
976 posts
msg #120668
- Ignore guspenskiy13
modified |
6/11/2014 10:30:34 AM
VXX re-entered and got stopped out on short again...
honestly something I didn't expect. everything was setting up for a break to the upside.
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johnpaulca
12,036 posts
msg #120669
- Ignore johnpaulca |
6/11/2014 10:36:04 AM
This happens when you use a short time frame, you will be whipped around like a ragged doll.
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guspenskiy13
976 posts
msg #120670
- Ignore guspenskiy13
modified |
6/11/2014 10:39:32 AM
Even if you used 5-15-30-1h-2h; there is no way you could have seen that pop.
i know that it was getting squeezed from both sides, but it could have broken out both ways...
I look at 5 min SPY - and it looks just as bullish as on 1 min...
On 15 min it looks like there is room on the bottom...a little bit
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guspenskiy13
976 posts
msg #120671
- Ignore guspenskiy13 |
6/11/2014 10:44:41 AM
not calling bottoms - but that doji on SPY looks decent.
take a look at XIV - inverse volatility formed a triple-bottom.... idk how meaningful it is - but quite interesting.
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guspenskiy13
976 posts
msg #120672
- Ignore guspenskiy13 |
6/11/2014 10:52:26 AM
1 month ago they were saying we are about to get a 10% correction
just checked the news - "be fearful, 5% correction is coming"
....
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johnpaulca
12,036 posts
msg #120673
- Ignore johnpaulca |
6/11/2014 11:05:09 AM
dip still being bought
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guspenskiy13
976 posts
msg #120674
- Ignore guspenskiy13 |
6/11/2014 11:08:36 AM
VXX short @30.88
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guspenskiy13
976 posts
msg #120675
- Ignore guspenskiy13 |
6/11/2014 11:09:49 AM
dip is being bought and there is trend underneath.
QQQ will hit all time today no doubt
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