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Crude oil support line: http://niftychartsandpatterns.blogspot.com/2011/11/crude-oil-support-line.html

Gerald Celente taken down by  the white shoe’s boy, Corzine heist ala MF Global Collapse:
http://www.infowars.com/gerald-celentes-gold-account-was-emptied-by-mf-Global/

VIX-piry was Wed. The next few days will certainly be a good learning experience.

Thanks ACP for the info. Correct me if I am wrong, I thought the vix options expired on a Thursday

After careful consideration, I believe we get a head fake 1st in the morning.( upwards) From their we head down wards to possibly the 1185 level. From their we shoot right up into the close to trap a lot of bears. But who knows.

FAT bearish signal on euro. Let’s see if the Bernank steamrolls over it by sticking a vacuum in the ECB.

I’m just trying to figure out the complexities of the manipulation. Why is VIX so stagnant? Are they going to drop it and rape ALL options holders, or spike it for one day before ramping the market back up. OR, it this a mini-crash that will seek to suck in as many put holders as possible AFTER ramping up the VIX, then slam it down to rape all options holders?

Put/call retail is higher for retail and lower for index today. I’m looking for a big down day tomorrow, but all the numbers confuse me. I’m not so sure.

The one thing you have to watch with ETFs is how the value is calculated (this applies only to leveraged ETFs). If they go in one direction, the intrinsic value compounds and can become quite large. If the criminals chop the market around like they’ve been doing, with a bullish bias, they can really steal a lot of the intrinsic value out of the leveraged ETFs while the market goes nowhere. When they decide to drop it, the criminals can go “all in” and make a killing, while the people who’ve been holding since the very top may make only 2/3 of the profits the criminals are making, but at least they make a profit.

I’ve been putting on shorts at a possible top, and have a tight stop. If it stops out, try again at another technical level. Eventually, you’ll be able to get your top, then wait it out. When the market has built up enough downside momentum and breaks the “line in the sand”, go all out. I’m not a part of the club, so I’ll never make a “full” profit, but patience is really the key.

I really think collecting a lot of data from indices that:

1) Determine absolute ETF value, and
2) Determine the “multiplier” (aka VIX, etc),

and creating an algorithm, would probably be the way to go.

I hope this all makes sense!

I am really caught here, I use ETFS because I can see down the road, options and futures will not pay out. But yet etfs can hold a lot of Fed/ECB BS as you said.  Any other ideas on how to play this market ACPZed?

Watch carefully! ETF holders could hold thru a lot of Fed/ECB BS, but they still have to power to DECIMATE options holders.

I like that 1185 level my self. If we go down in the morning and touch that level, I will bail and possibly go long. The option boys are certainly do not want to pay out those puts, they will ramp up the markets into the close. Lots of head fakes tomorrow.