ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[A320CA]

Boy it's the Doc and Stinger show! Not being sarcastic, it's a little over my head.

Anyways, I feel that the market is getting a little frothy here, so I've decided to not to use UVXY on this correction, or pull back period. Started building a position with SPXU - in 1/3rd position now. If we go up, add my other 1/3rd, etc. If we go down, I won't chase, I'll ride what I have.

Again, using this for 7,8,9% of the account against "traditional holdings". This past Friday, took the UVXY profit and put 50% of that into EMC. Still holding cash, been trimming on the way up. Done really well with LCC ;) - Peter Lynch, TRADE the company you work for.

Doc, I was a little curious as to why you would trade securites anymore. I like trading companies that I see everyday, but I respect your opinion.