Market is about to go into reality stage, has been in a dream world for years....A market that does nothing but go up, is a market that is prone for something major to happen...We are years over due, market has made news highs forever.....NO fear, VIX below 10 has always been the time to buy, eventually.
I think we will see a market that will tank hard in the coming weeks.....Some say most overvalued market in history.....When the time comes....When the time comes....And I think the FED is saying the time is here, analyst have tryed to say everything is perfect, and the market will go higher....They have no other course, they manage other peoples money, they can't be bearish. I would bet that their personal money is not in this market.....
my apologies to the longs who were suckered in this POS with fear and lies. every day its another poster saying they learned their lesson. only if the pumpers here would go away....
Made one bad trade with UVXY that wiped out all my gains plus more....I feel like having a heart attack every day with is POS. I'm out and a hard lesson learned: always short when this POS pops. PERIOD.
The Market is dancing today and crash tomorrow, big green is set to come soon. Low 22 is a good buy if S&P takes 1-2% dive.
market has so many insane runs long due for a correction
in 2008, uvxy went up by more than 10 times!
Looks like UVXY has a floor at 22 for now. I'm expecting a 1% selloff after the announcement today. I will keep tight stops. If the market just keeps going higher to the edge of the cliff, then I will expect next stop for uvxy to be a little below 20, with 19.5 as max pain. I'm assuming it will get there in 2 weeks, and first week of October is when I'm looking to be aggressive short. I'm also expecting North Korea to do something around then. For now, chase the market higher carefully and buy on dips, while slowly building a short position. The market looks pretty toppy here.
One of the BIGGEST RIGGED mrkts in history. Hopefully soon reality will kick in.
It looks like front month VIX closed at 10.69 This should put the close to for UVXY to 22.88
tomorrow front month should overlap spot VIX (10.15) If we get a bullish opening and VIX drops below 10, front month VIX will follow. That is about a 69 cents drop from 10.69, or 6.4%. Double that to match UVXY and UVXY should trade a few pennies below $20.
If spot and front month meet in the middle (most likely) then UVXY should trade around 21.70 by the end of the day.
NK strikes again, UVXY will hit $25
Short of the fed saying it's not raising rates again the market is going lower. We have retailers warning. We have major shipping companies warning. We have ford idling most of its plants until end of year. then after all these bad news we have market analysts and advisors saying things are not bad. keep buying the news could have been worse. No reason to panic. that tells me they want people to keep buying while they get out of their positions and go short. the fed is removing the punch bowl. the market is topping. the only temporary wild card is tax reform. personally I think it is a disaster for the American taxpayer to be cutting corporate taxes while running a deficit and massive debt. what moron cuts taxes to the rich and add more debt to the American public and call that making America great?? oh wait Trump does.
I WAS SO WRONG ON UVXY ! MOST OF THE TIME WHEN I SELL TO CUT LOSS, IT WILL GO UP. HOPEFULLY MY MOVE TODAY WILL HELP ALL LONGS HERE. Cons, you're RIGHT ON YOUR PREDICTION !
Get short, and stay short. Trade around a core; don't be too greedy. It's worked for about 5 years.
I think the good news is the market did not rally hard on the fed news. in fact it was pretty flat. tells me the market is very close to a top. only amazing earnings or corporate tax cuts could drive the market higher.
Many of us lost so much in this insane market we are now in this stage: I no longer worry about any more loss, just kill me with more insanity!
Please explain it to me as I'm new to this ETF. VIX is going up today and UVXY is going down? Is this ETF shorting VIX ?
Who buyeing UVXY put ???? Put look expansive !!!! Which one looked good ???
Here we go!
this is too easy to short. going to close my short position by EOW. UP OVER 50 PERCENT. waited 1 month, 2 nuclear war threats, hurricanes, Congress shutdown threats, etc. lesson is, don't let the media and historical trends sway your investments. patience is key. you'll never be able to time the market. markets can remain illogical longer than you can stay liquid. trade carefully my friends and GLTA.
PS. Lobster where are you man? Bagholder heaven??
This is stupid! all I can say
Tuesday is VIX futures roll over day. Front month turns from 11 to almost 14. By Friday uvxy should trade around $21 and below $10 by Christmas
if this market peaks already and corrects, it could drop 30-50%. uvxy would go up at least 10 times