[ejheverest]

Got slaughtered yesterday, we'll see how high the market gets pumped up from the news.

[Vanity]

Europeans still believe in Draghins to appear and burn all the shorts! Well, that was one hell of a short squeeze, it truly was! But now that the DJIA is up over 1,000 points in a couple days on rumors.... I'm going to short this. "This time is different", I don't really think so myself.

Hope the guys here rode the wave up though? I got in XIV at 10.99, what a timed buy! I noticed today though it looked like the vix was showing the readjustment of big institutional portfolios, so we shall see. And yesterday's rally had one of the lowest professional participations of the year... Food for thought.

[stylinexpat]

We could see new highs this year from here on with this new QE3

http://www.bloomberg.com/news/2012-0...september.html

[Vanity]

Originally Posted by stylinexpat

We could see new highs this year from here on with this new QE3

http://www.bloomberg.com/news/2012-0...september.html

?

[Hisam135i]

Hi guys, sorry been out of town! hows everyone doing

[Vanity]

Originally Posted by Hisam135i

Hi guys, sorry been out of town! hows everyone doing

Pretty good myself! Today the Dow was down only -0.4 points, and I had been day trading again (been doing that for the last month). Squeezed out a 4 figure gain on a flat day. Good in my books any day!

[Hisam135i]

Originally Posted by Vanity

Pretty good myself! Today the Dow was down only -0.4 points, and I had been day trading again (been doing that for the last month). Squeezed out a 4 figure gain on a flat day. Good in my books any day!

Very cool! I didn't have much time today but got a quick trade in and made $200 in about 10 seconds! haha day trading is the way to go in this market

[Hisam135i]

This is not going to end well, I wonder if Mact is right and we're going to rally until vix hits $10... Now that would be something to see

[Vanity]

I went long UVXY when spot vix hit 14. We have a gap to fill at 17.57. What it does after that is anyone's guess.

[stylinexpat]

I have always liked and loved Silver. Silver looks poised for another run. I am buying SLV for this run and will be loading up on real Silver if QE3 passes. $40-60 Silver if QE3 passes

[phikap36]

If you want to Learn to trade stocks this guy is a very good instructor.

http://www.jasonbondpicks.com/dap/a/?a=1695&p=http://www.jasonbondpicks.com/blog-posts/labor-day-special-free-trial-friday/

[mact3333]

Originally Posted by mact3333

Stay bullish guys...dont let the European disasters distract you...this mkt will grind out new highs soon enough...we will climb a wall of worry once again.

Guys, do yourselves a big favor...plot 1 and 2 year chart with SPX, then overlay the chart with the VIX...when VIX gets below 15(think int term top) you unwind your longs and start to accumulate some shorts...when VIX spikes above 25-ish you start to re-accumulate longs...when bull mkt finally peaks I believe the VIX will be near 10 level(think long term top)...if it ever reaches this level, you better run from your long positions as the bull is likely over.

The answer is likely in the charts!

Hope all is well everyone...I last posted on here 3 months ago...hope you agreed with me...we will be be making new highs...europe was a just a distraction...metals showed the QE3 move a full month before it actually happened.

Still fully loaded with AGQ, GDX.

When the VIX gets crushed towards 10 level(not below 15 as i originally said as adjustments have to be made for QE3) and TVIX below a buck, then we are getting close to the final top...dont think "top" until well into next yr(second half most likely)...this bull run will get tired sometime next yr...then most of the easy money will be made on the short side.

Metals still have an explosive move to the upside , then it will get crushed like all bubbles eventually do.

I will be bullish until SPX takes out 1600, then I become slightly cautious...wouldnt surprise me if we touch 1600-1700 before implosion happens

[mact3333]

Originally Posted by stylinexpat

I have always liked and loved Silver. Silver looks poised for another run. I am buying SLV for this run and will be loading up on real Silver if QE3 passes. $40-60 Silver if QE3 passes

Hope you traded on your own advice...I got into gold and silver right about when you posted that.

[mact3333]

I will be cautious once we hit 1600 SPX...wouldnt surprise me if we touch 1600-1700 before the final top next yr...when the top hits, it will become very volatile again...the final push will have to lead by the ones who have stayed out of the mkt, when avg Joe comes in, time to get out!

[Vanity]

Originally Posted by mact3333

Hope all is well everyone...I last posted on here 3 months ago...hope you agreed with me...we will be be making new highs...europe was a just a distraction...metals showed the QE3 move a full month before it actually happened.

Still fully loaded with AGQ, GDX.

When the VIX gets crushed towards 10 level(not below 15 as i originally said as adjustments have to be made for QE3) and TVIX below a buck, then we are getting close to the final top...dont think "top" until well into next yr(second half most likely)...this bull run will get tired sometime next yr...then most of the easy money will be made on the short side.

Metals still have an explosive move to the upside , then it will get crushed like all bubbles eventually do.

I will be bullish until SPX takes out 1600, then I become slightly cautious...wouldnt surprise me if we touch 1600-1700 before implosion happens

Mact, if you ever become interested in trading volatility, take a look at XIV's performance since LTRO back in Nov. 2011. Over 200%. Not bad to add that gain alongside your metals

And considering unlimited Bond buying, QE3, and BOJ QE, I'm sure XIV has another 1-200% in it left till implosion.

[stylinexpat]

Originally Posted by mact3333

Hope you traded on your own advice...I got into gold and silver right about when you posted that.

Then you should be doing well because I posted this a while back ago as well Silver is good to buy on all dips and pullbacks.

[stylinexpat]

Been bouncing back on all dips. S,SLV,MCP and BAC have been doing pretty well when bought after pullbacks. I still see good time up ahead for Silver.

I'm thinking we see $40-50 within 6 months. Let's see how this plays out.

[phikap36]

This guy is beating Wall Street

http://www.jasonbondpicks.com/dap/a/?a=1695

[Inspired]

Is this some sort of scam? But damn, $397 per quarter...

[Hisam135i]

If you want to learn about trading search for the stock technical analysis thread, good times

[Hisam135i]

Originally Posted by Inspired

Is this some sort of scam? But damn, $397 per quarter...

If its to good to be true odds are its not true

[Inspired]

Originally Posted by Hisam135i

If you want to learn about trading search for the stock technical analysis thread, good times

Was already following that but it is dead now.