Today’s VIX:
Sold: CBOU 10.61
Added to longs: UA 49.28 … fearless.
New longs: ZNH 33.50 …Thumbs up for Chinese dip.
Wow crazy day today. Well we can’t go up forever. Anyway, VIX spiked up today, rising to 22.93 so there is measurable panic here, which makes today’s dip worth buying. Remember VIX 23? It’s an interesting spot. I’ll let you know more about it later. This market sucks, not used to seeing this much red in a while. I’m taking the rest of the day off before I start doing dumb stuff, like shorting AAPL.
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