thats why he speaks at colleges, because they are all to young an naive to understand hes got his hands on their wallet why he acts so cool and funny. Fairness he says LOL everyone should play fair. Its the smart and people with balls that make money. Has nothing to do with fairness. Every american already has the chance to do well, its up to the individual to educate and take risks like the rest of us.
if SP closes solidly below 50 day ma - more downside to come. Thats all I can really be sure of atm. The markets are pretty crazy this year.
Loving these last few up days! But the sp 50 ma is almost here, I would expect a bounce at 1368-1369 if it falls and closes under VXX is golden to the long side
Whats the word from Bernanke?
thats what i am thinking as well. vxx almost always trades lower to close i am not sure if i add here or wait until after bernanke spews his verbal garbage tonight and wait till tomorrow
its because these vix ETFs are trading debt along with volatility. thats why they keep going down after they pop. please do your research and understand what you are trading. there is lots of money to be made with these vehicles, you just need to understand how they work and you can make money every day trading them.
You are worrying about Something that will happen 3 days from now. It could all reverse by Monday morning. Just have to wait till then. Don't let it ruin your weekend check the futures Sunday night and if they are still down take your loss per market. Then look for another entry. Even if vxx is up huge Monday morning there is always a dip to buy or a top to short it's the easiest to day trade period.