iBankCoin
Joined Jul 30, 2008
2,107 Blog Posts

Mini- intraday Vix spike.

For my day traders:

After the +4% spike from 65-68+ market recovered +150 points, or half back.  Bears can get scared, therefore I am currently shorting FXP off that mini-spike:

 

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9 comments

  1. Gio

    Vix is about to go green playahz. Grrrrr! I just shot a bear with a tank.

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  2. Gio

    cursed swings. anyone else’s charts looking like a lie detector test machine?

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  3. Gio

    Covered FXP.

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  4. Gio

    I also sold EEV and covered SKF ( +20% and -20% how gay is that)

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  5. Gio

    Just covered GEOY short +13% …lovely.

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  6. Gio

    Okay, lets see what happened so far:

    After the mini-spike intraday, market filled the ENTIRE -300 point gap on the Dow. I posted it CLEARLY before the intraday rally. I shorted FXP at 84 covered 77 in about 1 hour of trading off that mini-Vix spike…

    …so, without going to deep back in history, I ask you again: Can the Vix improve your trading? Go ahead and pull out some historical data to prove me wrong… i’ll just rebut you with a trade or two. You’d call me crazy for shorting FXP when the Dow was down -300… I call a 7 point gain on a day trade crazy.

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  7. Gio

    Aw crap. FXP still falling and market still moving up. 😉

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  8. Gio

    CLR racing up. That’s my only long.

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  9. crude_oil

    Gio,are you going to hold CLR?

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