Tempting to buy volatility or puts

Discussion in 'Trading' started by blakpacman, May 21, 2014.

  1. No. That's just not true.
     
    #11     May 22, 2014
  2. With all that said, some of my models have VIX higher across all timeframes within the next year starting next week.

    All in all should be interesting.
     
    #12     May 22, 2014
  3. 1245

    1245

    Which part?
     
    #13     May 22, 2014
  4. londonkid

    londonkid

    FWIW I don't think a 'sure thing' exists in directional trading however I think we go higher here through the summer. Reason being lack of fundamental bad news out there, plus we have been grinding higher of late. IMO we have yet to reach a blow out top where the shorts get crushed and we get that vertical parabolic rise. I suspect we could print 2000 - 2200 in the S&P's and then a get a correction of 10%. Don't forget we are in a huge asset price bubble but politicians have made it clear they wont let anything fail they will just print, print, print. The only certainty is uncertainty.
     
    #14     May 22, 2014
  5. 1245

    1245

    I'm getting a little edgy now. We just go up every day and there is no fear. When it's too easy, it's time to look for the unexpected. I'm selling out 1/2 my longs at the close today, but not ready to get short.

    1245
     
    #15     Jun 5, 2014
  6. CenFlo

    CenFlo

    Things are looking very toppy at this point, that's for sure.
     
    #16     Jun 5, 2014
  7. Maverick74

    Maverick74

    Markets climb a wall of "feeling edgy". :)
     
    #17     Jun 5, 2014
  8. 1245

    1245

    I'm not bearish, just no longer see the risk reward to all in....
     
    #18     Jun 5, 2014