AI
Tuesday, May 14, 2013 2:50:50 PM
BOUGHT UVXY at $5.85.*
The buy order was filled at 02:26:15 PM.*
So now I'm back again holding UVXY and waiting, (combined with the $6 shares that I got on Friday).*
They say that people like to buy stocks at the top of the market. When people see record highs being set, they dump huge amounts of money into it, as if they were saving up just so they could buy at the top. With all of this money flowing in, the trend could keep going for a while yet.*
The SPY shot way up, but UVXY refuses to go down. (Yeah, yeah yeah, I know they're not directly connected, blah, blah . . . ).*
But it looks like maybe UVXY won't be going down very much more from here.*
http://stockcharts.com/c-sc/sc?s=$VIX:$VXV&p=D&b=5&g=0&i=p09762636724&a=294107511&r=1361836435570
The buy order was filled at 02:26:15 PM.*
So now I'm back again holding UVXY and waiting, (combined with the $6 shares that I got on Friday).*
They say that people like to buy stocks at the top of the market. When people see record highs being set, they dump huge amounts of money into it, as if they were saving up just so they could buy at the top. With all of this money flowing in, the trend could keep going for a while yet.*
The SPY shot way up, but UVXY refuses to go down. (Yeah, yeah yeah, I know they're not directly connected, blah, blah . . . ).*
But it looks like maybe UVXY won't be going down very much more from here.*
http://stockcharts.com/c-sc/sc?s=$VIX:$VXV&p=D&b=5&g=0&i=p09762636724&a=294107511&r=1361836435570
A small gain is better than a big loss.*
