hedge1fader: "MESSAGE TO ANY MORONS THAT ARE SELLING TODAY, HOW F ING STUPID COULD YOU BE Now is the time with all of the negative headlines out there and new quarter starting that the market is setting up for a big sell off, and you bone heads are selling for peanuts."
Fader: Welcome to the TVIX board. Nice use of the English language!! Those of us who are short TVIX are most appreciative of being called "morons" "f ing stupid" "bone heads".
My pets and I have always had the utmost respect for those orators who could summon such words. We will certainly heed your esteemed advice and close our short positions today.
Oh, BTW, real-time ask as I speak is $3.45 (down 2% from close). I hope you kept some powder dry. That's a new all time low. Even a better bargain for you than yesterday!
With all due respect,
Bustin, Contango the boxer, Backwardation the kittie, and RollYield the ferret
PS: Do you need a ride home from school this afternoon?
Its a known fact that market markers almost always shorts the market before earnings season, that's why I traded TVIX today and made money. Now I'm on XIV and TNA making money on the rally
When earning season starts you want to trade long. Historically the market is almost always up during this time.You either have zero trading experience, be a newbie or a complete moron to short the earnings season. Look at TZA chart and board, plenty of losers who short the market all the time and every earnings season and wonder why they're always losing money.
Anytime you see a profit sell, that's your duty and resposibility.
Anytime VIX falls below 13.50, close to its 5 yr and all time yr low, buy. Make money on the volatility, don't marry the stock; trade it.