Mactheriverrat 3,172 posts msg #141845 - Ignore Mactheriverrat |
2/4/2018 2:33:59 PM
Looking at XIV using the crossover should get one out with minimal damage. One could trade a filter symlist with say just 50 stocks ( say JPM,WFC,BAC) if he could get and get out with minimal damage.
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pthomas215 1,251 posts msg #141849 - Ignore pthomas215 |
2/4/2018 3:14:31 PM
You guys are great...thank you. Davesaint, yes, the stratasearch system. I am intrigued and somewhat obsessed with the concept of it....changing the mix of holding of XIV in accordance with price action and consolidation....brilliant. Just not sure if a few sell signals out of 40 on a 20% plus drop in value is enough to say the XIV mix is optimal when we are not going up up up. I think XIV could see more carnage by March too.
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karennma 8,057 posts msg #141851 - Ignore karennma |
2/4/2018 3:33:28 PM
pthomas215
1,129 posts
msg #141834
- Ignore pthomas215 2/4/2018 12:40:05 PM
""it is a bull market so buy more on the dip". this mentality could clear out an account if valuations drop significantly.
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This is true ... sort of ...
I've been "holding" since mid-October and recently lost about 16% of my gains, mainly because when I had a relapse (a daytrading relapse), I bought some speculative crap that I shouldn't have.
At least, now I know the "dogs" in my portfolio.
I'm gonna stay the course and see what happens ...
Time will tell.
:>)
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Mactheriverrat 3,172 posts msg #141853 - Ignore Mactheriverrat |
2/4/2018 4:28:53 PM
Simple chart
Just waiting for a buy signal

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pthomas215 1,251 posts msg #141855 - Ignore pthomas215 |
2/4/2018 4:36:11 PM
@ Karen.....i was referring only to holding XIV....a model that doesnt adequately have you exiting positions at times could be risky imo
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davesaint86 726 posts msg #141857 - Ignore davesaint86 modified |
2/4/2018 5:40:41 PM
If you look at XIV what do you see over the last 14 months? I see a 45 degree upturn. How many short-term downturns have there been since that time? Has XIV achieved higher highs and higher lows? What was the average drawdown from peak to bottom for each new breakout? How many days on average did it take to go from peak to bottom? How long on average does it take to get to the previous high?
What has changed fundamentally in the overall market? Why didn't Gold go up on Friday if the talking heads on CNBC are talking about inflationary concerns. I vividly remember the 2008 crash. The gloom and talk of doom talk started in 2006 from what I remember. As the Fed raised interest rates more and more bad news gradually starting being announced. As of now I do not see the same scenario yet.
My gut tells me the downturn in XIV is just about over and that is going to go to a new high. With that said, that is only a projection by me of what I want the outcome could be. Let's think about people like Harry Dent, Peter Schiff and Gerald Celente. They have been talking about Doom and Gloom forever. One day each of them will be right. Everyday Markewatch prints articles that the sky is falling in the markets at the same time of printing how great things are. It's all noise. What really matters is price at a point in time. Using a indicator like the MA(18) or DMA8 is not perfect and never will be. I do believe it will keep you out of harms way as long as the market is not whipsawing in an all of trades.
I just analyze XIV. It looks like it's down 23% from it's high. Back in Aug/Jul the downturn was also around 16 days and the drop from the peak was around 25.9%. In 2016 there as a 36% drop.
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karennma 8,057 posts msg #141859 - Ignore karennma |
2/4/2018 6:24:24 PM
davesaint86
376 posts
msg #141857
- Ignore davesaint86
modified 2/4/2018 5:40:41 PM
Let's think about people like Harry Dent, Peter Schiff and Gerald Celente. They have been talking about Doom and Gloom forever. One day each of them will be right.
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OMG no! (eyeroll.) Not the 3 jackasses.
Remember The Three Muskateers? I call the 3 doom & gloomers above "The Three Jackasses".
Even a broken clock is right twice a day. Their track record isn't even that good.
IMHO, Schiff is a malcontent, sadly, like his dad -- who died in prison while serving time.
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karennma 8,057 posts msg #141860 - Ignore karennma |
2/4/2018 6:31:23 PM
davesaint86
376 posts
msg #141857
- Ignore davesaint86
modified 2/4/2018 5:40:41 PM
I just analyze XIV. It looks like it's down 23% from it's high. Back in Aug/Jul the downturn was also around 16 days and the drop from the peak was around 25.9%.
In 2016 there was a 36% drop.
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Really!
No wonder I thought we were in a bear market. LOL
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Cheese 1,374 posts msg #141863 - Ignore Cheese |
2/4/2018 9:04:30 PM
Lots of misinformation and wrong terminology on Twitter, so I would like to learn the proper things from you guys and other sF experts.
1. Apparently, SVXY prices have been reflecting short vol more accurately than XIV.
Trading SVXY means complicated tax forms required for IRS.
Do you monitor SVXY for any trading value info?
2. Currently, XIV has been trading below its indicative value (IV).
Many days ago, XIV traded above its indicative value (IV).
Sometimes, some people refer to IV as intrinsic value, sometimes as NAV net asset value.
I am guessing that NAV is the wrong terminology here.
When XIV traded above its indicative value (IV), some people said XIV traded at a premium.
Now, XIV traded above its indicative value (IV), some people also said XIV traded at a premium.
When do we say "XIV traded at a premium" and when "at a discount" ?
3. Some people went a step further, and said "premium should come off". Does this "above IV"
or "below IV" have any useful info value ?
Thank you for any light you can shed on the above.
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pthomas215 1,251 posts msg #141895 - Ignore pthomas215 |
2/5/2018 5:33:41 PM
XIV is 28 bucks. Is Kevin's system showing any sell signals yet?
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