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2 small bombs kill 3 people and the vix shoots up?

Posted on 4/15/13 at 3:01 pm
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 4/15/13 at 3:01 pm
so let me get this straight, the market was down on gold being hammered, it was down down 100-125 pts, then a small bomb goes off killing 3, yes sad but still 3 people, and the vix shoots up and the markets loses another 150 pts?

damn we're sensitive to news, love the buying opp created, but watching the media talk abt the flight to treasuries for safety is
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/15/13 at 3:12 pm to
emotions be cray
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 4/15/13 at 3:18 pm to
I'm kinda disappointed my buy point for AAPL hasn't been reached... but I guess I should be careful what I wish for...
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 4/15/13 at 3:21 pm to
I have a friend who has a position in UVXY and i told him to cash out for so long bc those erode so hard over time, and he came back and texted me jumping for joy how his inverse ETF shot up 30% after the bombing.....never seen anyone so happy to see a tragic event
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 4/15/13 at 3:29 pm to
quote:

never seen anyone so happy to see a tragic event


I think it's best to ignore the indirect relationship between the two.
Posted by kennypowers816
New Orleans
Member since Jan 2010
2443 posts
Posted on 4/15/13 at 3:45 pm to
i got absolutely worked today...
Posted by weagle99
Member since Nov 2011
35893 posts
Posted on 4/15/13 at 3:56 pm to
Is the consensus that the market is going to dive tomorrow on this?
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 4/15/13 at 4:11 pm to
quote:

i got absolutely worked today...
Posted by LSURussian
Member since Feb 2005
126942 posts
Posted on 4/15/13 at 4:16 pm to
quote:

Is the consensus that the market is going to dive tomorrow on this?

Only if more bombs are detonated, IMO.
Posted by SouthOfSouth
Baton Rouge
Member since Jun 2008
43456 posts
Posted on 4/15/13 at 4:28 pm to
quote:

i got absolutely worked today..


Me too.
Posted by SouthOfSouth
Baton Rouge
Member since Jun 2008
43456 posts
Posted on 4/15/13 at 4:30 pm to
quote:

I'm kinda disappointed my buy point for AAPL hasn't been reached.


I bought at 455 then averaged down to 438. I don't think I wanna put anymore $ into iCompany right now, but I really feel like it will have a big run pretty soon.
This post was edited on 4/15/13 at 4:31 pm
Posted by AUtigerNOLA
New Orleans, LA
Member since Apr 2011
17107 posts
Posted on 4/15/13 at 4:38 pm to
I don't think so. I think it's a short cover tomorrow.
Posted by LSURussian
Member since Feb 2005
126942 posts
Posted on 4/15/13 at 6:10 pm to
quote:

Is the consensus that the market is going to dive tomorrow on this?


The DJ futures are positive at the moment, +12 net of FMV.
Posted by TJG210
New Orleans
Member since Aug 2006
28335 posts
Posted on 4/15/13 at 6:35 pm to
quote:

i got absolutely worked today..



+1
Posted by NHTIGER
Central New Hampshire
Member since Nov 2003
16188 posts
Posted on 4/16/13 at 12:44 am to
quote:

it was down down 100-125 pts, then a small bomb goes off killing 3, yes sad but still 3 people, and the vix shoots up and the markets loses another 150 pts?



Your numbers are off. It was already down 168 at 3 PM when the news first hit at CNBC. After that, it was only down 195 at 3:48 PM. It then dropped off another 70 in the final 12 minutes.
Posted by Jed Zeppelin
Maurice
Member since Feb 2010
1049 posts
Posted on 4/16/13 at 8:42 am to
quote:


I'm kinda disappointed my buy point for AAPL hasn't been reached


C, just curious. What is your buy point?

I am long AAPL for a couple of months.
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 4/16/13 at 9:57 am to
quote:

What is your buy point?


Honestly, before the earnings report unless it shoots up above 440. My buy right now is 418ish.
Posted by Jed Zeppelin
Maurice
Member since Feb 2010
1049 posts
Posted on 4/16/13 at 1:44 pm to
Damn, it nearly got there yesterday. Good luck!
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 4/17/13 at 9:02 am to
quote:

My buy right now is 418ish.


I hope you slept through $418 today...
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 4/17/13 at 9:07 am to
I'm confident in my buy. Always nice to hit the bottom but as long as its a good quarter I'm going to be in the money.
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