It's gonna be like this, the canary gets loose (inflated) then when the cat comes out of the bag the canary tires out. The packaged debt (what is truth) that's been stored away for years has to be dealt with again, until someone comes in to repackage the debt again the canary (market) get saved. We will make our killing when the canary suddenly has a fear of heights and has no where to perch. Signing off to a better serve another board. OFG!
This solidifies the 12-31-15 scenario. SOXL continues and YINN follow for a late daily double. Count it, we will have hiccups after FB's spike and before debt limit decision and FED mtg in mid-Dec, but that is it. This will end in the spinning top scenario on the last day of the year and FED action in late Jan will stir the market the wrong way (Late Jan - get in VIXers). In other words this is a complete fake out, the oil market proves with all the supposedly deep production cuts demand has slowed even further beyond expectation. This will create several catalysts and scenarios most of those who aren't keeping an eye on things, ie. example R is in S for two reasons (1) to disrupt and force OPEC & (2) land grab strategic pipelines before O leaves office. This is so obvious! GLTA Out!
Push the UGAZ move out 4 weeks - Keep shorting GASL. At this rate 2167 is breached before Nov 15th (VIXers would be completely reset and GDX hits the mark). It could all change if market expedites the run up (we could get that spinning top 3rd November). All in PPCH. Moving over to new board on the 2nd.
LOYS, I would cash in RDSH in the next few day (another 20% but it has to rest), RMBH has a few more legs higher (continue to hold for more). When GDX hits 17.66, short long JNUG and buy JDST for 60% move. 2067 will cause VIXers to agitate. Look to position for UGAZ/GASL to move after inventory report. Large RSX put last week into mid November (it's a hedge). Out!
Wow, LOYS, I wasn't ready to put that out there. Earlier statement bluntly says buy YINN in 4 days (let it come down a few first) and when that runs should also allow the market to run to 2060 preferably after FOMC next meeting . Not in any VIX trades until it hits the specific target of 1532 (hopefully it all comes together on the 3rd. GDX/NUGT consolidating (this is halfway point). Hope this help. Out till Tues.
Remember GDX hit 16 pulled back sharp & rebounded off at 15.5, then jumped a dollar by EOD. Hope this helps. Looking for VIX to hit 16.01 & YINN to enter W in 4 trading days. LOYS, more on P late next week.
Calling for 55.75, then pull back to 43.48 Monday, then 64.67 (more to follow next week) GLD has door open to 1245 (watch second leg in Platinum).
From the call, ya'll should have made 100% profit by now (this run will not end abruptly, we are halfway) and 75% profit from NVCR. I'm looking at a few others for next week as to the next scenario set-up (23rd, 3rd, 10th are key dates). Time to put on the big boy pants. GLTA
I'm rethinking to hold off on this short. The P/G pair trade is telling a story that $1245 - 1260 is possible, continue playing the high swing trade till then (a lot of coin available).
GIRTH good call on TVIX at $7 (just think that is short lived, either way you got a 15% max gain).
LOYS, hunch YINN continues higher into the 3rd (that's where I might concentrate in next to see how high to 4000). Everything is a go when these hit the targets. Stay flexible.
Raised to 58.61. The psychology on this now is two -to three more legs follows in the D wave (I'm not the only one - article over the weekend). This also intersects the idea of the spinning top on the last day of the year (the fuzziness is wearing away). Stick with it. Vixers will have to wait for these to complete. 20% hits 80, 5% hits 100. Buy some select stocks and take gains in late December holiday until proven otherwise, this gives way for FED to make adjustment Jan 27th. Gotta go.
The move to $41 wasn't the 20% selloff, however, it raises the chances of 60% it hits $60. Raise stops along the way up and you can't lose here. 12-31-15 has a crosshair on it now. Out!
GDX to float around 15.90 (these guys want you to get out before tomorrow). Move VIX to 14 area, the market has legs before Nov. 3rd. Stay on the right side of the trade (be flexible). Out!