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@mr_derivatipes

Stock Market Commentary. Long/Short Ideas. Technical Analysis. Occasional Rants. Sprinkle of Humor. Not Financial Advice. Other channel: @Heisenberg_100k

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calendar_today25-12-2013 01:33:59

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Heisenberg (@mr_derivatives) 's Twitter Profile Photo

Worth repeating: If VIX hits 40-45 or god forbid 50+, something it hasn’t done since Mar ‘20, short the bejeezus out of it. Either $VIX, $UVXY or $VXX puts. Not saying all in, but in segments. VIX loves to fall once it reaches parabolic heights. But first it has to get there.

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It’s ok to have a few short cyclical bear markets in a long term secular bull market. In the long run, I can see $SPX hitting 8,000 before the end of this decade. But first we need to reset a little bit. Not even a lot a bit.

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There will be a generational opportunity to short the $VIX. No way it stays at 55ish. See you back at 20 at some point this year. Mark it.

Heisenberg (@mr_derivatives) 's Twitter Profile Photo

$SPX Ok this chart update won't have a directional arrow today unlike the last two days. Price will keep on bouncing between 5,500 and 4,800 until something breaks. With a VIX above 40, these wild swings can do just that within the day. So yes the range is wide, but it is

$SPX Ok this chart update won't have a directional arrow today unlike the last two days.

Price will keep on bouncing between 5,500 and 4,800 until something breaks. With a VIX above 40, these wild swings can do just that within the day. So yes the range is wide, but it is
Heisenberg (@mr_derivatives) 's Twitter Profile Photo

Key levels on the $SPX next few weeks: 5,500ish This is a retest of the failed double bottom support from a few weeks ago. A break above with conviction you got the 5,671 gap fill in play and the 50 and 200dma slightly above that. 5,100ish This was Thursday’s low. A break

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Next 10-20 years will be the greatest wealth transfer in human history. ~$100,000,000,000,000 ish to be passed on to the next generation. Better treat your parents right or they might leave you out of the will.

Next 10-20 years will be the greatest wealth transfer in human history.

~$100,000,000,000,000 ish to be passed on to the next generation.

Better treat your parents right or they might leave you out of the will.
Heisenberg (@mr_derivatives) 's Twitter Profile Photo

Nothing will ever beat the go-go 90’s in the S&P500 performance (divi’s included). Those were the days…. PS: We all know what happened after though.

Nothing will ever beat the go-go 90’s in the S&P500 performance (divi’s included).

Those were the days….

PS: We all know what happened after though.
Heisenberg (@mr_derivatives) 's Twitter Profile Photo

$TSLA Chart for bulls 👀 only. If you take the last 6 mid March to early May lows occurrences in TSLA and took that trough to peak the next 5-6 months out these are the gains you would have got. Seasonality is a thing with this name it seems. Are we due for another pamp soon?

$TSLA Chart for bulls 👀 only.

If you take the last 6 mid March to early May lows occurrences in TSLA and took that trough to peak the next 5-6 months out these are the gains you would have got. 

Seasonality is a thing with this name it seems.

Are we due for another pamp soon?
Heisenberg (@mr_derivatives) 's Twitter Profile Photo

Tomorrow’s playbook: $AAPL looks to be a +5% gapper at morning so far. There is some technical resistance around $210-$212.50. I would take a flyer short and play for a gapfill back down towards $198-$200. Just my GIG indicator.

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The stock market is a marathon not a sprint. Every time I try to sprint it kills me. Every time I take it nice and slowly, I never felt more alive.