iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

THE VXX DIARIES

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I’m contemplating turning this into a weekly segment. I’ll protect the names of the individuals I quote, as to not be a total ass. I look at this as friendly-fire and returning the ball after being blasted for my perma-bull behaviors.

I created a journal of dozens of comments like this. I figure they’d be great for entertainment not long after they were posted.

VXXDiaries

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59 comments

  1. MattiMo

    Knockin traders on, knockin traders off

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  2. ecchymosis

    As they say in Sicily, Revenge is a dish best served cold.

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  3. Trent

    OA- Apologize if you answered this in After Hours over the weekend, I haven’t gotten to see the recording yet. You still holding the RHT? I have some NOV calls up over 110%. Wondering if I should lock in. I still like the look of the profile, just don’t want to miss out on a good trade.

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  4. Dr. Fly

    Oh my. I am jealous for not coming up with this idea first.

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  5. operator1

    I just woke up and read this and almost choked on my coffee. LOL!

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  6. matt_bear

    that dude essentially made a crash call….and the worst possible outcome is to initially think you’re right. all his gains are gone and now he’s in deep losses.

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  7. linmoo

    I remember that quote vividly too. Wonder what happened to that guy. Actually, no I don’t.

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  8. matt_bear

    the VXX gorilla does what it always does….ripped his arms out and beat him with them.

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  9. Dr. Fly

    I HERBY DEMAND TO KNOW THE EXACT WHEREABOUTS OF A CERTAIN SETHSTER, LAST SEEN CAROUSING AROUND UVXY.

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    • Option Addict

      He has to be lurking. Do you take a cavity cleanse like that and just walk away? Or are you hiding in a corner waiting for an uptick to provide a little confidence?

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    • UncleBuccs

      The sethster is doing a “dick-tuck”.. The most severe form of tucking tail.

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    • matt_bear

      he kicked the chair out from under him Friday evening.

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  10. longview

    Unpleasant as some of his posts were, really wondered why he didn’t just declare victory and take his winnings. This last(?) post of his was a stunner.

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  11. speerothekid

    No, please, keep the blind in the dark..

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  12. lplongo

    He might make some of it back if he goes balls deep in JPEP

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  13. cat

    I thought any of the VIX siblings were really only meant for a day trade. Obviously the guy whose chart comments you posted didn’t get the memo.

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  14. Mr. Cain Thaler

    Brilliant

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  15. berniecornfeld

    LMAO. Perhaps Sethster is busy making his final campaign push for tomorrow?

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  16. Brushfyah

    Jeff you holding BABA into earnings?

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    • Option Addict

      I don’t know. I want someone to tell me. I think I’d be more pissed off if I sold here and missed the win, than to wake up with a smaller gain tomorrow.

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      • Sia

        I already sold half at 100, I think I will sell all now. I’d rather be kicking myself tomorrow than be long into such a hyped up event and possibly lose a lot of my gains.
        I still have YHOO though!

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  17. bchu

    maybe a 2nd chance for jdst soon

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  18. WB

    “a safer investment is VXX”…what was VXX being compared against? If he compared it against NYMX, then genious it was, that ones getting crushed and could use a viagra

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  19. canalsrb

    Anybody else looking at DSW? Right at the bottom of the recent range. Today’s low makes for a good stop.

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  20. chiefton15

    sold 1/2 PLUG calls +300% May hold the rest through earnings. This thing could be a monster.

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  21. Brushfyah

    Re: $BABA. My gut tells me most people stayed away because they bought into the BABA top thesis, then when it started to rally held off buying in front of earnings and are hoping to get in on a earnings related dip, which means the stock probably pops, forcing people to chase post earnings. I’m holding.

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  22. mr

    Hi Jeff,
    Any thoughts on NFLX .. will fill the gap before end of the year ?

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  23. matt_bear

    So gold futures are actually red today, down 0.25%…but JDST is down 15%!!! Triple levered beasts ultimately turn and try to kill their masters. lol

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    • Steve

      GDXJ being up is why JDST is down.
      miners aren’t 100% correlated with the metal.

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  24. chiefton15

    Oil is still a short imo. May buy some puts at the close.

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  25. azulgrana

    too F’n funny. if he didnt know the meaning of the word ‘decay’ then, he certainly does now. maybe some $GDOT for the pocket push after it digests this last move

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  26. UncleBuccs

    I keep looking over at XLU… it’s whispering “don’t put the entire length of your genitals on the chopping board”.

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  27. chiefton15

    should have bought those puts in oil before the close!

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  28. operator1

    I think we may need to have a look at LULU tonight after hours.

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    • Option Addict

      LULU and UA were my favorites from last week. Found ZQK too…looks interesting.

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      • chiefton15

        LULU does look good. I’m thinking of picking some up but want to see how we close. That ZQK is a nice find.

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      • operator1

        I’ve been working too many hours. Ok, sorry I missed it. I remembered the UA though. Indeed that ZQK does.

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  29. Trent

    Not sure if you saw this (or care) OA, but maybe we are nearing a GLD bottom?

    http://thereformedbroker.com/2014/11/02/the-riskalyze-report-advisors-buy-the-dip-in-gold/

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    • Option Addict

      “I would posit that this was a rebalance trade by the multitude of advisors who keep a symbolic 5 percent slug of their portfolios in gold or precious metals – to show their bearish clients that “they get it”. Not that having 5% of anything is ever going to really hedge anyone, but that’s another story \.”

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      • Trent J

        Good pt. Prob not nearly enough to move the needle higher. My GLD puts are working out nicely.

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  30. operator1

    I hit that QIHU short we discussed today and am enjoying some green already.

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  31. chiefton15

    Bought Nov calls in LULU and AEO and TVIX shares.

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  32. bchu

    Wow! i’m buying back some JDST right here.

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  33. pyromonoxide

    hell, there is a brilliance in doing this as a self evaluation, writing my own predictions as time stamps on notes/charts and then reviewing. esp for the trades I pass over and the times I pass over booking gains or cutting losses. I don’t always remember the timing of those “do nothing” decisions.

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