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Old 05-18-2012, 10:27 AM   #7526
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FAZ 5 year chart is insane, peaked at 10093$ lol.

Yes TVIX 52 week range was the main reason to buy for me, it's not like the Eurozone is any better off than it was last summer/fall.. so I'm expecting a decent return on this Let's hope so cause I have 60k tied up in it lol...
You're not worried about what workaround that may transpire in the G8 meeting this weekend ?
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Old 05-18-2012, 10:34 AM   #7527
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You're not worried about what workaround that may transpire in the G8 meeting this weekend ?
Greek Election > G8 Meeting
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Old 05-18-2012, 10:46 AM   #7528
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FAZ 5 year chart is insane, peaked at 10093$ lol.

Yes TVIX 52 week range was the main reason to buy for me, it's not like the Eurozone is any better off than it was last summer/fall.. so I'm expecting a decent return on this Let's hope so cause I have 60k tied up in it lol...
Keep in mind that FAZ resets (i.e. R/S) every so often because of its inherent decay factor. So the 5 year high has that factored in.

TVIX is leveraged on the VIX so definitely gonna have a wide price range.
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Old 05-18-2012, 12:03 PM   #7529
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Grrrrr hate how gas has been like ~$1.45/L in the GVRD lately only to see that crude is at $91.48
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Old 05-18-2012, 12:15 PM   #7530
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15 Billion lawsuit for FB on IPO day...
Facebook Inc (FB) Faces $15 Billion Lawsuit on IPO Day | ValueWalk
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Old 05-18-2012, 12:29 PM   #7531
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LOL anybody guess it'd be just at the IPO price?
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Old 05-18-2012, 01:09 PM   #7532
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^38.38.. LOL
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Old 05-18-2012, 01:39 PM   #7533
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^38.38.. LOL
It likely would have dropped below IPO price if the Underwriters did not step in and buy... The question is how much below would it have went before it found support? Also interesting that the volume exceeded the amount of shares issued in the IPO... Looks like everybody wants to trade it, but nobody wants to hold it lol.
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Old 05-20-2012, 09:13 PM   #7534
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too bad the cdn markets are closed tmr...futures look so nice and green..
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Old 05-21-2012, 06:49 AM   #7535
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Facebook not looking so hot @ 33.75, down 11.75% today.
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Old 05-21-2012, 10:02 AM   #7536
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Facebook not looking so hot @ 33.75, down 11.75% today.
Tvix getting slaughtered! Hope you got out!!
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Old 05-21-2012, 10:09 AM   #7537
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Tvix getting slaughtered! Hope you got out!!
Sure did at 10.61 this morning, crazy part was that i almost bought back in at 10.80 lol

Lookin to get back in...

So here's a good one, does a guy jump in and pick up some TVIX at the end of the day.. and hope for some horrible Euro-News to come overnight? lol

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Old 05-21-2012, 01:08 PM   #7538
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Sure did at 10.61 this morning, crazy part was that i almost bought back in at 10.80 lol

Lookin to get back in...

So here's a good one, does a guy jump in and pick up some TVIX at the end of the day.. and hope for some horrible Euro-News to come overnight? lol
i wouldnt markets gonna bounce this week
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Old 05-21-2012, 01:44 PM   #7539
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i wouldnt markets gonna bounce this week
I think my new investment strategy is going to be simply this:

Good news: Buy XIV on the way up, Sell TVIX immediately

Bad news: Buy TVIX on the way up, Sell XIV immediately

It's unreal to me how one sentence from any given politician can sway the markets one way or the other...
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Old 05-21-2012, 01:50 PM   #7540
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Markets did well today. Hopefully tsx follows suit tomorrow. Tvix down 19%. Will wait until the next euro mess hits the news before buying.
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Old 05-21-2012, 05:44 PM   #7541
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Old 05-22-2012, 12:43 AM   #7542
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Emily Chang.. yummy...
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Old 05-22-2012, 01:30 AM   #7543
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psychology behind a trend.



if you take a look at ES M2 or.. SP500 DAILY chart, it looks like a bull trap right now. i'd say it would retest the ~1333.00 level.

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Old 05-22-2012, 02:09 AM   #7544
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Fuck japan downgraded
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Old 05-22-2012, 07:32 AM   #7545
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I think I am in love with TVIX and XIV.. wish I knew about these funds a long time ago lol...

So experts, when is the shit gonna hit the fan again?

BTW, do any of you regular posters have a formal education in investing/finance/commerce?
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Old 05-22-2012, 07:45 AM   #7546
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And the FB selloff continues...

I think when the dust settles, it would be around 18~20, giving a valuation of 50B or so given its revenue+some hype that remain in retail investors.

I just wish the options are coming up soon enough.
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Old 05-22-2012, 12:31 PM   #7547
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All you smart folks, bullish or bearish tomorrow?
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Old 05-22-2012, 12:52 PM   #7548
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Greek banks rumored to get around 18 billion Euros which makes me lean towards bullish... but who knows.
http://business.financialpost.com/20...ailout-source/

Saw TVIX start to swing around noon and bought in at 8.63 Sold at 9.41
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Old 05-22-2012, 04:27 PM   #7549
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off topic, but:
Sunpeaks Ventures Inc: OTC:SNPK quotes & news - Google Finance
oh sunpeaks (from couple pages back) from $2.xx to $0.14 - hilarious
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Old 05-22-2012, 05:36 PM   #7550
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bearish for tomorrow... fuckin greekz
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