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Re: bigworld post# 33449

Friday, 05/07/2010 4:54:50 PM

Friday, May 07, 2010 4:54:50 PM

Post# of 49890
Bigworld,
As luck would have it, I was traveling all this week and missed the melt down but pulled out of my short and small VXX positions today. The VIX over 40, in such a short time, yields me to believe a slight uptick may be in store next week at which point I will reenter stronger short and VXX positions. More market pain and toppling to come. I am still on board with the extended bear market but saw this week as a great trade op. I think next week allows me to reset after we see what new manipulation will come to this market after this weeks sell off. I rarely play options but I think this is the perfect time to enter puts into the heavily run sectors like the casinos and energy stocks.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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