I'm not saying it has to pay off (although the odds are growing very high in favor of it). After all, it is the nature of gambling to deal with odds, not assurances.
What I am saying is that you can bet the store, maximum margin, you name it, and still lose very little if it doesn't play out. Anyone who is asking for a sure thing, 100% chance, is asking for fantasy. It will never happen. But when the odds are very high that something will happen and your losses will be very small if you don't win the bet then folks, that is a gift. Place your leveraged bets, set your stops and walk away and come check it later.
Today TVIX completed yet another 1-2 stutter step at one smaller degree. That is no less than 5 nested bullish setups. You can now safely move your stops up to $7.22. One penny lower means that the bet is likely bust. That's only a 9 cent spread. It also means there is very little room for TVIX to go down with out invalidating my bullish model. The markets have been very nervous of late. Everyone knows the scam is long in the tooth. Everyone is ready to head for the door. The fish is very near the boat. It makes strong runs and pulls out line but it is well hooked and The Captain is patient. Each time the reel sings, he reevaluates how tight the drag setting on the reel should be. Yes, the line can always break but this captain has caught more than a few monsters in the past.
I say again folks, there is a great depression in fear and it is caused by government intervention, just like the solar subsidies set the solar industry up for a great depression. Depressions do not last! Never have, never will. Reversion to the mean is built into this game. The return of fear to the markets is the one thing you can be most assured will eventually happen.
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