iPath S&P 500 VIX Short-Term Futures ETN (VXX)

[luisWinthorpIII]

Fed is excuse for mms to sell off

While everyone else sleeps. It’s bull crap because everyone has known about the fed for weeks now and it is highly improbable that policy is tightening now. Just an excuse for big fish to make more money as earnings continue this week.

That said I knew this was a good possibility but decided not to get back in last night. I would not take a position now though because as soon as fed comes back and gives reassurance- market will come right back. Would have liked to sell this gain though and turn around and buy more of the stocks I know are going to make big bounces.

Just missed the gap up by a day. There will be plenty of chances after earnings though. Just so hard to time this right.