RespireRx Pharmaceuticals Inc (RSPI)

[bigworld]

OT to K-G: Acting on my thesis that the market is due for a consolidation and viewing the volatility indexes (VIX and VXO)that have dropped top far, too fast....I picked up a nice chunk of VXX (the IPath S&P VIX Short Term Futures ETN) at $66.02. I think volatility is bound to pick up over the next two weeks, with some action to the downside for equities worldwide and a brief rally to Treasuries. You could also buy some TLT and ride that for a couple of weeks as well. But I hope to get a nice 20% profit on my VXX over the next two weeks. We'll see how it goes. It's a gamble....but no risk, no reward. Have a good weekend.