Post by
manxcan on May 09, 2018 2:18pm
Tiny test position
Range bound in 1% so still no direction confirmed. I was nothing more than a change in direction and if positive add big to longside Tvix move it, I want to add. Mx
Comment by
manxcan on May 09, 2018 3:47pm
Entered tiny, kept it to a tiny test, as we say, indices in the green usually means heavy pressure on Tvix. Other than cost of a dinner, no damage here. Just a test of potential reversal. In cash for the reliable Thursday Friday bounce but again need almost perfect entry price. Cheers Manx
Comment by
LongGuy on May 09, 2018 4:02pm
No dinner tonight ...eh manx? ;-) What I don't understand is why does the VIX and tvix fall yet S&P500 not much movement this afternoon around 2698? Actually fell back from 2700. Thoughts? LongGuy
Comment by
DSurfer on May 09, 2018 4:52pm
Did a few trades but not a glorious day for me. MR, you did the right thing to enjoy the sun out for the day. I was fighting the trend all day. There is simply no fear in the markets. Vix down to 11 soon at this rate. DS
Comment by
LongGuy on May 10, 2018 9:07am
I hear you DS. Yes we all should have joined MR for few in the sun! The trend is not our friend with tvix at $6.04 this morning. I sold half my position...perhaps I should have sold all. Will use it to buy more dgaz if ng spikes before the report. Maybe another day to spend in the sun until the sun wants to shine for tvix. LongGuy