Yes – I saw the one on the Qs and IWM during the day as well … one more reason why i bought the TZA call into the close as I cannot day trade and wanted to be able to sell them tomm …
For the contrarions out there, Cramer just said he doesn't trust the rally today because all the news coming out was very bad for the US. Surprising since CNBC itself and every other MSM outlet said we rallied today on good news. What a joke!
VIX did not hit the print of 24.1. If we get to that I think it will correspond with SPX in the 1130-1140. Outside of the market crashing from today's close, Bears best bet is that it continues to about 1030 (50% retrace of April High to May Low) to 1150 (61.8% retrace). If that scenario plays out, then way finish a Wave 2, with Wave 3 Impulse from there to new lows.
Sorry if anyone had trouble accessing the site in the last 30 minutes. I had too many scripts running on the server, and my hosting company shut it down temporarily, to prevent damage to their servers.
I had to remove some of the plugin's, but will re-activate them later, after I change the “refresh” time on them. I De-activated the “Stock Quotes” and “StockTwits” plugin's.
I don't know if anyone was using them, or even cared if they were there or not? Maybe I should take a poll asking if everyone found them useful, or not?
I use median lines and that is where I have support. Many time frames. Could be a little rip before that. Lots of put selling near the bottom and that dumped the VIX and moved the market up.
Personally I don't think the market is going anywhere for years, It's in a range. The range is big.
Really? I didn't think the VIX went that low today? OK then, where's the next downside print on SPX or SPY? How about 900… as that would make me happy. LOL
Illinikap – can you tell me how do you remove the account tab that shows on the default of ToS … so you get the full screen view vs 2/3 of it ?
Yes – I saw the one on the Qs and IWM during the day as well … one more reason why i bought the TZA call into the close as I cannot day trade and wanted to be able to sell them tomm …
Nope it didn't ….
Newbear the fake print to 24.1 was the one monica caught a number of days ago – today's low on the vix is 25.68 …
That's not a bad play.
http://www.screencast.com/users/dreadwin/folder…
At least your stop loss level is pretty obvious.
Rallied on good news… LOL
For the contrarions out there, Cramer just said he doesn't trust the rally today because all the news coming out was very bad for the US. Surprising since CNBC itself and every other MSM outlet said we rallied today on good news. What a joke!
VIX did not hit the print of 24.1. If we get to that I think it will correspond with SPX in the 1130-1140. Outside of the market crashing from today's close, Bears best bet is that it continues to about 1030 (50% retrace of April High to May Low) to 1150 (61.8% retrace). If that scenario plays out, then way finish a Wave 2, with Wave 3 Impulse from there to new lows.
Sorry if anyone had trouble accessing the site in the last 30 minutes. I had too many scripts running on the server, and my hosting company shut it down temporarily, to prevent damage to their servers.
I had to remove some of the plugin's, but will re-activate them later, after I change the “refresh” time on them. I De-activated the “Stock Quotes” and “StockTwits” plugin's.
I don't know if anyone was using them, or even cared if they were there or not? Maybe I should take a poll asking if everyone found them useful, or not?
What do you guys (and gal's) think?
I use median lines and that is where I have support. Many time frames. Could be a little rip before that. Lots of put selling near the bottom and that dumped the VIX and moved the market up.
Personally I don't think the market is going anywhere for years, It's in a range. The range is big.
Really? I didn't think the VIX went that low today? OK then, where's the next downside print on SPX or SPY? How about 900… as that would make me happy. LOL