Wednesday, July 06, 2016

POST Brexit, Pre july earnings , means SIDEWAYS market....

it's almost time to short again! SEE PREVIOUS POST SPY chart, short 2102, try to get a 2060 exit---- *** *** no more cabo says--- big position on UVXY. breakeven at $9.00 need a nasty surprise. polar replies All bets are off until VIX hits 13 once again. zstock--polar reply---or wait for spy above 2100---UVXY lost like 80% of it's value a couple of month's back, due to CONTAGION...I think the contagion (slowing) will continue until UVXY is at $5, at which there will be a 10 to 1 reverse split, and then UVXY will be $50. aaaaaaaaaaaaaaaaaaaaaaaaaa,bbbbbbbbbbbbbbbbbbbbbbb----------@ daButcher july earnings will be better than april earnings, look for slightly higher spx highs, Late july ,early august---and of course the books are fixed /Cooked...(in some cases, there must be 2 sets of books, or something), so look for 60%+ to beat the street.

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