What can go wrong, fuckers?
This is the thesis.
The low vol environment had ended. The era of the Bear has begun. With that in mind, I believe we’ll see heightened volatility on a permanent basis, just like post 2007.
See the lull pre-financial crisis?
Now look at current lull. Same shit.
Yeah, that’s going to end and bring forth a new era in extreme panic. Also, I sold TNA and FAS for 4.5% gains. Also, I sold PYX for a single day 7.3% loss. The TNA and FAS positions were doubled weighted, 10% holdings, so that was a nice gain, especially for the holding period.
My cash is now 65% and I just bought some fucking TVIX, with an initial purchase at double weighting, at 10%.
The fear, naturally, is for a total and complete give back of yesterday’s gains. That would suck; but what would suck more if it happened and I didn’t own TVIX.
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Dam fly your shredding in the waves. Nailed the last couple turns. Your a pretty good swing trader when the shot hits the fan.
Wild how muted the drop in vix with the massive algo ramp yesterday. Vix to the moon after breakout of 20.
Have you read the prospectus?
https://2deaa804a6dc693855a0-eba658c6bc03668a61900f643427d64d.ssl.cf1.rackcdn.com/Documents/product/velocityshares/prospectus/prospectus-velocityshares-us-volatility.pdf