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Re: dilwinkle post# 2080

Monday, 03/25/2013 3:35:05 PM

Monday, March 25, 2013 3:35:05 PM

Post# of 29924
Couldn't help but nibble a little at $22.52 for XIV.

I sold out at $23.27 this morning, bought back in at $22.52 equal weight, back to 90/10 inverse.

I'll likely go flat for the evening, as I was expecting much more "recovery" today. It will definitely be interesting to see tomorrow how the Cypriots (and Russians) react to the banks reopening. Remember though, the 2 big banks in question are still closed, so we won't likely see the full scope of panic withdrawals until they reopen on Thursday. Also, last I read they still have their ATM limits set until then.
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