Friday, February 14, 2014

Long UVXY

VXX55 system is buying UVXY on the close today.   5% gain would be in the 64 range, (current price @ ~61) which seems like a reasonably achievable target considering it was over 67 just yesterday.   Will load up the boat on the close and will buy more if it gaps down next week. 

Thanks and good luck to all - whatever you decide.
J

9 comments:

  1. Hmmm... no stop... leaving room to add..... sounds strangely familiar... ;-)

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  2. nice trade J 2:2 so far...Very nice!

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  3. congrats, J... wake me when UVXY is back up to $100

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