Tx for the headsup on the VXX. Money flows have been too bullish, the masses are getting juiced, and the breadth was abysmal today, too, so more fuel for a retracement. Great day to get some TNA shorts at some super nice prices... got some off over $55! Also put on some futs shorts, too. Got some TZA in my IRA down around $17.10. Give me a one day mkt dump, though, and I will start covering my lower basis stuff.... and the game continues. Damn, this is fun.
You are too much. :) I hope this trade works out for us. With my latest purchases, I'm averaged in at tza 17.77. I'm down to 25% cash so I need this market to dump like yesterday. Or ill be in some pretty harsh pain.
Thx, JT! Again, the early post has allowed for some strategic tweaking into the close...
ReplyDeleteNo prob. Forgot to point out that VXX up w/ Market up usually spells trouble for the bulls. I'm appropriately positioned and ready.
ReplyDeleteTx for the headsup on the VXX. Money flows have been too bullish, the masses are getting juiced, and the breadth was abysmal today, too, so more fuel for a retracement. Great day to get some TNA shorts at some super nice prices... got some off over $55! Also put on some futs shorts, too. Got some TZA in my IRA down around $17.10. Give me a one day mkt dump, though, and I will start covering my lower basis stuff.... and the game continues. Damn, this is fun.
ReplyDeleteYou are too much. :) I hope this trade works out for us. With my latest purchases, I'm averaged in at tza 17.77. I'm down to 25% cash so I need this market to dump like yesterday. Or ill be in some pretty harsh pain.
ReplyDelete