TVIX - VelocityShares - NYSE

[Anthony]

Maybe when the DOW is at 17,000 and or the S&P is at 1,900? Unless their is some sort of world disater news or Fed tapering news that would tank the maket,I would wait. GL

[Shaka_Zulu]

This has made a double bottom on the daily. And the weekly is showing a nice rounding base forming.

Anthony… S&P near 1900.. on watch here.

http://stockcharts.com/h-sc/ui?s=TVIX&p=D&b=5&g=0&id=p59072680710

[Stretcher75]

I'm in at $7.71

[Shaka_Zulu]

Nice, I may initiate a position very soon. This may be an easy double to $14 if it runs to RSI 50 on the weekly. Watching for it break RSI 50 on the daily. I see some weakness ahead across the indexes here so this may the solid play. Or a quick hedge.

Daily - http://stockcharts.com/h-sc/ui?s=TVIX&p=D&b=5&g=0&id=p62202296036

Weekly- http://stockcharts.com/h-sc/ui?s=TVIX&p=W&b=5&g=0&id=p42765253312

[Stretcher75]

This was a bad buy on my behalf. I will look to get out this morning as I don't see the Dow being red today.

I'm in at $7.71

[ad_man]

I would only say that yesterday the candle made was to fill the the gap made earlier six days ago. I would keep the position on. I think we will see a green to red day with some big swings. China data sucked. TLT is marching higher… I am willing to bet you see some nice price action to the upside. Even if it goes against you this morning, to touch the par sar, its going to retrace higher. It's all set go.. I'm jumping in

[Shaka_Zulu]

Already showing signs of strength even though the market is up this morning, I this divergence.

[Anthony]

I'm still waiting,I still think this is a bear trap to catch a bull.

Maybe in a couple of days when the new short borrowing rules come out,the market will "pullback" and thats why the new rules were made?

The new rule;

APPROVAL OF RULE FILING (SR-NSCC-2013-13) – DISCONTINUE NSCC’S STOCK BORROW PROGRAM

Quote:
A#: 7676
P&S #: 7346
DATE: FEBRUARY 7, 2014
TO: ALL PARTICIPANTS
ATTENTION: MANAGING PARTNER/OFFICER, OPERATIONS PARTNER/OFFICER,
COMPLIANCE OFFICER
FROM: GENERAL COUNSEL’S OFFICE
SUBJECT: APPROVAL OF RULE FILING (SR-NSCC-2013-13) – DISCONTINUE NSCC’S STOCK BORROW PROGRAM

On January 31, 2014, the Securities and Exchange Commission (“SEC”) approved1the rule filing file no. SR-NSCC-2013-13 (“Filing”), which was filed with the SEC by National Securities Clearing Corporation (“NSCC”) on December 10, 2013 pursuant to Section 19(b)(2) of the Securities Exchange Act of 1934, as amended. The Filing proposed to amend NSCC’s Rules & Procedures to discontinue its Stock Borrow Program.
The proposed rule change described in the Filing will be effective as of Friday, March 14, 2014.
The full text of the Filing may be obtained by visiting the DTCC website at www.dtcc.com.
Implementation of the proposed rule change will be announced by separate Important Notice.
Questions regarding the Filing may be addressed to your Relationship Manager.

1
See Release No. 34-71455; File No. SR-NSCC-2013-13 (January 31, 2014).

[Shaka_Zulu]

Well I don't know anything about this. So I really can't comment. As for the chart. I am confident the stock will poke it head above the 50MA again, and sooner rather than later. GLTU

So far 2014 has been choppy and I like this so we may again see some bigger swings..

[Anthony]

Well I don't know anything about this. So I really can't comment. As for the chart. I am confident the stock will poke it head above the 50MA again, and sooner rather than later. GLTU

So far 2014 has been choppy and I like this so we may again see some bigger swings..

The new rule is suppose to eliminate naked shorting after Mar.14th,should be interesting in the market going forward?

Everyone that trades should be aware of this new rule,it could be a game changer? But I'm sure MMs will figure out another way to dupe retail investers and traders. Expect more paid bashers on message boards maybe?LOL And maybe more S/A article short thesises.(or is it thesisi?)

[ad_man]

Looking good. I think this has lots more upside. More inflated corporate earning and share buybacks… really means the real economy is weak, and has been all along. I agree things are gonna get choppy.

[Shaka_Zulu]

Looking great. Love this volatility.

[Shaka_Zulu]

Short Term target $9.95 then I will reevaluate. I think equities are done for the year until maybe the second half of the year. Time to go short.

[Shaka_Zulu]

There is a previous gap between 8.75 and 8.87 that will get filled before i think it breathes...

[Anthony]

Par sar flipped to the upside for the SPX run to 1,900 +? Maybe this year will be a go away in May and time to buy TVIX at the new 52 week low in the coming days or weeks?