Velocityshares Daily 2X Vix Medium Term (TVIZ)

[gldtimer]

First of Two PSQ Hedges Placed.

PALL:PPLT pivot cross me the first today.

I'm now hedged 1 PSQ : 8 UST short.

Once gold officially rolls over and my pair (HYG:JNK) signals 'lookout below' I'll repeat the 1:8 hedge. I'm projecting this sometime next week if the trend in prices holds.

In all honesty I don't want the market to go down, at least not dramatically.

On Monday the 1,200 point drop caused a one day run to UST which hurt, if only for a day.

If another plunge happens PSQ will soften the pain a bit.

In a perfect world the market actually goes to new highs proving to the Fed it can withstand a hold bunch of rate increases.