Index and $VIX Tops and Bottoms (No Pennies!!!!)

[442 oldsman]

Thanks you really do your homework. I found the post #1802 I was thinking about but no charts.

It makes people serious cash now if you are not in love with it.

About 3 years of data...
Averages around 82% on major spikes - one spike of 105%, one spike 153%
Mundane spikes average 32%

Then consistently falls 69% from previous spike high

Out of the last 1000 days, if you held it the right 6% of days, you have done rather well. The other 94% of the time, not so much...

Being a fishbum, I look to hold it the right 6 days maybe 2-3 times a year...take the money and go fishing the rest of the time (or ride XIV). It teaches you patience...

Can be 3-8% intraday if you are into playing just to be playing (I am not!)

Pairs well enough with XIV. JMHO of course.