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Re: corwatcher post# 28592

Monday, 09/14/2009 4:55:26 PM

Monday, September 14, 2009 4:55:26 PM

Post# of 57998
Corwatcher,
I put a stop loss in at 52, as I didn't want to lose anymore than 10k on a quick trade. Sucks. It will probably base now. Volatility is a funny thing. The markets could go down with stability and still not provide the VXX a huge run up. We would need a fairly major sell off to drive VXX to the 80 level, IMHO. I'm waiting on Cor and have some cash to reenter on a pullback. That is the strategy I should have stuck with but got greedy trying to wager the pullback. I am heading into nat gas probably late fall and then maybe gold on a pullback. Otherwise my money is on Cor and the Packers. F4T.

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