iBankCoin
Stock advice in actual English.
Joined Sep 2, 2009
1,224 Blog Posts

Nibbled on TVIX

We’re talking a fraction of a percent of assets here.  Which at these levels, could add 2-3% to my performance if we get a sizable sell off.

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14 comments

  1. JB

    where is your stop?

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    • Mr. Cain Thaler

      Um, zero?

      It’s barely .4% of my current holdings. My portfolio swings more than that daily due to volatility. If I make out a few hundred percent gain then I’ll have added a couple percent to my bottom line.

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  2. go2juupiter

    Cain, some stuff for you

    there’s been a suspension of new creation units in TVIX and this has fucked up the way its been trading lately. (its not been spiking as much as it should)

    also, bond yields breaking out to the upside finally? (what does it mean – where is the money going)

    coal has been tanking which shouldnt be happening with the spx rising (one of them has to correct)

    I hope the FBOOK ipo marks the top, that would be cool as fuck

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    • Mr. Cain Thaler

      Thanks for the information, Jupiter.

      That being said, the money does not necessarily need to be going anywhere. This isn’t like plumbing. Shorting treasuries is obviously going to be an excellent trade. It’s just a matter of when.

      The moment people think the Fed’s going to be on the sidelines for good, the shorts will start pushing yields. They’re testing Bernanke.

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  3. Cindy Bindy

    Classic Thaler.. not critical post… however your have been going the wrong way for quite some time Cain.

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    • Mr. Cain Thaler

      Look, I’m not going to rip on you. I have no business doing so, as I have been losing money regularly for almost 6 months now. You can speak your mind.

      But I’m not done yet. I elect to wait it out a little longer.

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  4. Cindy Bindy

    French President Nicolas Sarkozy edged ahead of his Socialist Party rival François Hollande for the first time since the beginning of the presidential election campaign.

    God Thaler.. Get off your old tired rear view mirror investing. If I didn’t care I would not be here reading you.

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  5. Cindy Bindy

    Nat Gas is hated.. reviled.. spit on.. shat on.. so? Do I have to shove it down your throat? BOIL! Now, I have done my part as retribution for my horrid critiques. I ask nothing.

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    • Captain Planet

      Still not sure what is going on with this post, but if it’s about nat gas doing well today… well… follow up with everyone in a couple of weeks and let’s have a second look.

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    • Mr. Cain Thaler

      Actually, I like Nat Gas. I’ll do some buying this summer, probably.

      It will be rear view driving when the trouble is actually behind us. Probably sometime this summer, I’ll call it good, for better or worse.

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  6. Hack

    Bought TVIX today before Ben talked, then sold +1.5% as he talked.

    Other than that I have no use for this POS.

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  7. MOTV8

    Well timed, sir. Being early in this can be frustrating, don’t ask…

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