Monday, December 24, 2012

JTS Buys. JT Comp 100% Long

The JT Composite moves to 100% Long XIV or TNA. It's personal choice for which ETF to use. Small caps are favorable this time of year, and volatility futures remain in contango which favors XIV. Personally, I'm buying some of both. :) I will also exit the rest of my SPXU on the close...which is 1pm ET. Have a great Christmas! See you on Wednesday.
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3 comments:

  1. JaredDecember 24, 2012 at 12:42 PM

    Merry Christmas to you J and thank you for a great year!

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  2. AlgyrosDecember 24, 2012 at 1:01 PM

    This is an exciting way to settle down and wait for Kris Kringle. Take care, J, and all.

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  3. JKHDecember 24, 2012 at 2:12 PM

    Put on some more longs today... ES YM.... still have stops in on some shorts of TNA FAS. Could paint this thing any way from here, so, moving more neutral overall.

    Today was very very easy to figure out where to buy... classic thin-day action.

    I'd really like to see some BS gap down open Wednesday... that would help figure out which way this is going to go. We really haven't had a washout that makes the long play here very low risk.



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