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Thanks! Did you add to your TNA position at all today by chance?
Thank You. We are also working on a VIX sell equity buy daily signal. We will see. Have been watching the XIV that you are using. I had heard that it trades it's own mind and doesn't follow even it's counter part. So I stay away from it.
Lana, There's been an extensive discussion of the issue you raise here: http://dontfearthebear.com/. The bottom line is that you needn't feel you must stay away from XIV.
Thanks Algyros, will check it out.
Trading XIV during periods of contango gives you a little added bonus and peace of mind that the market can continue going down while not necessarily taking down the price of XIV.
PS - Thank you Mario Draghi! :)
I agree, J. BTW, have you thought about seeing how XIV would have performed using your systems? I know, I know, all you need is more homework. Still . . .Alex
Trading XIV rather than TNA during contango periods, then turning around and using VXX rather than TZA during backwardation sounds like a solid strategy. Not sure how to test that, but it sounds good. Know of a way to identify past contango/backwardation periods?
Might this work: http://vixcentral.com/?
It might. Thanks!
Wow, what a great site! Thanks again.
not looking really bullish after the gap up today especially iwm, J, is the JTS still looking for a sell signal?
JTS is definitely holding this long position. I think CCI is going to try to short this... I'll brb with the official word, but I think the Comp is heading to the sidelines.
Out XIV @ 12.26. (In @ at 11.15)I have sort of an unwritten rule... when a stock goes up 10% from my entry within a few days...take profits! :)
Watching XIV today certainly was not as volatile as TNA or Upro. Really interested in this vehicle using your system. Monday will switch over. ThanksWe have a Vix buy equity signal today.
Lana, What's a Vix buy equity signal?
VIX pierces up through the upper BB then drops back down. That's the VIX buy equities signal I've always heard. And I believe it happened on the 25th. Unless Lana is using a different BB setting?