Thursday, November 15, 2012

Holding.

All systems remain long. I'm still not quite interested in adding to my long position yet. It will require a spike in the VIX before I'm ready. The lack of fear seems to be what is missing, which basically means I think we are going lower in the short term. Because of the weakness in the VIX, at least our XIV position is holding up well... See ya tomorrow. J

6 comments:

  1. Picked up some more longs today.

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  2. Just imagine what things would have looked like had you chosen TNA instead of XIV..

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  3. Remember as I sit SFLY TQQQ and DUST long position from my early post still holding them and if APPLE closed below under 490.00 My system is going to go long for it .
    XIV closed at 17.01
    SFLY LONG
    TQQQ LONG
    DUST long since last week

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  4. JKH, nice call on AAPL. Was below June lows...

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    Replies
    1. Lotta peanut-gallery friends capitulated today... esp on AAPL... so, the masses are voting w/their wallets... and I'm still buying.

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