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Forum - Wall Street Pit (VelocityShares Daily 2x VIX Sho - TVIX)    Stock Due Diligence for All

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From: stormcat (Rep: 443) reply to supadupaDate: 08/12/2017 17:21
Forum: Wall Street Pit - Msg #2686779 - List TVIX msgs Thread #673945486 (Rec: 0)
Re: way outside the bollis. parabolic RSI.

ya know SUPA you r so correct as lot of traders have no clue how quickly this mkt. can turn and owning a small portion of VIX volitilty can pay huge $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$. i remember the old days waking up and every day the markets were red and i mean DEEP RED like the Dow down 400- 600 points and the Naz. down 80- 100 points.. them days are coming back but when .

Reply to supadupa - Msg #2686776 - 08/12/2017 10:41

Re: way outside the bollis. parabolic RSI.

And it could go even more outside it's bollis. I think some have gotten way to comfortable in this market and forgotten what a real VIX move looks like. This VIX move is tiny compared to past moves.

That being said, I only hold a small portion of my original buys. Just in case VIX goes super parabolic.

And if global tensions escalate...a super move is not out of the question.

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