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jimnoles126

jimnoles126
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  • The #1 Stock In The World [View article]
    jchevali: What is your definition of "really beaten up", because we're already down 50% from the highs. Hopefully we'll get another decrease like we saw in 2011 for you.
    Aug 31, 2015. 03:52 PM | Likes Like |Link to Comment
  • The #1 Stock In The World [View article]
    Probably somewhere in the middle...
    Aug 30, 2015. 09:04 AM | 1 Like Like |Link to Comment
  • Get Ready For The Second Round Of The Market Downturn [View article]
    Correct me if I'm wrong, but in the corrections of 2010 and 2011, the s&p fell sharply, then had a significant bounce (5-9%) and ultimately hit a lower low (which became the actual bottom of the correction).
    Aug 29, 2015. 03:43 PM | Likes Like |Link to Comment
  • The #1 Stock In The World [View article]
    I like the way you think Pythagoras3! Here's hoping for some great opportunities to average down and make some money next year!
    Aug 29, 2015. 03:05 PM | 1 Like Like |Link to Comment
  • The #1 Stock In The World [View article]
    You're absolutely right, XIV is acting exactly like VXX these days. 1) Sure XIV 'could' make a new all time low, if the vix futures stay in backwardation for long enough. Even though that's terribly unlikely, that would be a fantastic entry point! Why would it not be? In 2011 XIV dropped -75% from 20 to 5, I'm sure people panicked and said "this thing is going to go down forever, I'm never putting money into it". And then guess what, it went from 5 to 50 in 4 years. That's a 1000% gain!!! 2) Historically speaking, vix futures are in contango like 85% of the time. I don't want to hear any complaining when that 15% finally rolls around from time to time. Odds are it'll be in contango again soon, even if it goes down -75%. Just average in to whatever $ amount you're comfortable with and you'll be fine ;)
    Aug 28, 2015. 09:36 PM | 4 Likes Like |Link to Comment
  • The Beginner's Guide To Volatility: ZIV [View article]
    Nathan: What are your thoughts on what is to come in the next few weeks/months with ZIV and XIV? Think we'll see some more backwardation like we did in 2011? Or do you think that the correction is over and we are off to the races? Did you get to buy some ziv or xiv? I did, but I wouldn't mind buying some more at a lower price, even if it means the S&P has to go down some more ;)
    Aug 27, 2015. 05:48 PM | Likes Like |Link to Comment
  • The #1 Stock In The World [View article]
    You should try to buy in the aftermarket. I think they were trading at 51 10 minutes ago.
    Aug 25, 2015. 07:37 PM | Likes Like |Link to Comment
  • The Case For A 300-500 Point Correction In The S&P 500 - And Still A 'Secular Bull' [View article]
    I love all the panic. As of yet, the S&P 500 has still not had a closing 10% correction in 4 years! Maybe we'll get one tomorrow, or later in the week, but still, people are freaking out over something that was long long overdue. In 2011 the market went down 20%! We aren't even half way to that point yet, is everyone going to be throwing themselves into traffic if we actually get there again? These are called "corrections", the stock market has them once in a while. They range from 10% to 20%, they happen every couple of years. People forgot they existed...
    Aug 24, 2015. 01:17 AM | Likes Like |Link to Comment
  • The Case For A 300-500 Point Correction In The S&P 500 - And Still A 'Secular Bull' [View article]
    Tack I hope you're right! But I've been waiting 3 years for the s&p to actually have a real 10-15% correction. Forgive me if I'm a little hesitant to believe that this time it will actually happen.
    Aug 21, 2015. 07:47 PM | Likes Like |Link to Comment
  • The Beginner's Guide To Volatility: XIV [View article]
    hoepki1: Sure, it's a great time to buy...unless we actually see a correction in the S&P 500 which we haven't seen in only 4 years! Then you'll be wishing you waited. Just buy incrementally I guess. =)
    Aug 21, 2015. 01:48 PM | Likes Like |Link to Comment
  • The Case For A 300-500 Point Correction In The S&P 500 - And Still A 'Secular Bull' [View article]
    You think their are too many bears now? Wait till after we finally get a 10% correction! People panic when we are 3% off our highs.
    Aug 2, 2015. 05:03 PM | 3 Likes Like |Link to Comment
  • The Case For A 300-500 Point Correction In The S&P 500 - And Still A 'Secular Bull' [View article]
    haha, if you end up finding out maybe you should go with uvxy. More leverage. ;)
    Aug 1, 2015. 08:09 PM | Likes Like |Link to Comment
  • The Case For A 300-500 Point Correction In The S&P 500 - And Still A 'Secular Bull' [View article]
    Here's to hoping...
    Aug 1, 2015. 08:06 PM | Likes Like |Link to Comment
  • The Beginner's Guide To Volatility: ZIV [View article]
    Nathan, thanks again for these articles, I've really enjoyed reading them. I have been waiting a very long time for a 'great' risk/reward in XIV and ZIV (I probably missed my opportunity back in January, but that's besides the point). Even though I agree with you when you say "now is not an opportune time to invest" in ZIV or XIV, when I pull up a 5 year chart on ZIV, even if you invested right before it went down 40% in 2011, long term you would still be up over 175% today. Despite the fact that we've had abnormally low volatility over the last 3 years, if you were planning on holding ZIV or 3-5 years (and adding on dips), there seems to never be a bad time to initiate a position. Am I missing something? Thanks again.
    Jul 29, 2015. 09:30 PM | Likes Like |Link to Comment
  • The Beginner's Guide To Volatility: XIV [View article]
    Sure feels like this is somewhat of a top in the market (although I've been wrong before). Is it too much to ask for a legit 10% correction to get some good trading going? ;)
    Jul 27, 2015. 03:01 PM | 2 Likes Like |Link to Comment
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123 Comments
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