Just covered half my 4k position in sds at 48.95, now my break even on the entire 4k is 49.2 for the other 2k of them. Will put an order in at 49.3 for tomorrow.
If the vix stays over 14 tomorrow, then the 21dma for the vix just turned up.
My gut says this decline stops at 3%, or at 1475. I would think about buying, cautiously, if other indictors line up at that price, but only for a run back to 1513 or so.
Have not been right often the past couple weeks, so best to ignore any and all advice from me for now!