I bought 10,000 [[VXX]] in the $19.20’s.
Okay, let’s hear about how terrible VXX is, with all of its fucked up contango.
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FIG. Who would dare question you? Have you not proven your demi-god status?
I concur.
OMG … do you two spit or swallow?
GS support at 157 looks like setting up a squeeze to 164.Could bounce all the way to 167 by Friday,but should resume downtrend after.
But id only look at it as a scalp, and only with a small position.
http://www.youtube.com/watch?v=85cL1HisrNc&feature=related
Just bought a trial order on GS. Would not mind loading up if it doesn’t close under 155 for the next few days. Yes, yes I hate the motherfuckers but if anyone can figure out how to get out of the mess they’re in, it’s them.
On the other hand, I am really nervous about EU and the potential for them to unravel and sort of take the global markets with it!
$US is going higher. While the market can handle .84-85 on the $US, higher numbers, like .89 can really mess up our fake/Chinese manufactured rally party we’ve been having.
VXX is probably a good bet. I am too chicken to play these instruments though, in volume anyway.
Oh, my kids remind me that it’s earth day…
Fuck you all and your low grade opinions in this bountiful EARTH DAY!
Noooooooooo! But it DOES show your flexibility…
How about that ISLN!!
VXX is terrible, with all of its fucked up contango.
I think he was joking on the discussion of it…..but this covers it….http://seekingalpha.com/article/200056-vxx-the-new-ung?source=email
I had already read THAT on Seeking Alpha dear but thanks. An I am still looking for a play where there is LONG term protection on the downside slide of the market and VXX isn’t IT according to THAT article.
Best check out Adam Warners take at: http://www.dailyoptionsreport.com/
Sr. Tropicana, have you been getting advice from T.K. at SOH?
But…but…but Fly! VXX is not representative of ^VIX!
oh shit!
What does it represent then, pure fuckery?