Replies to post #37794 on Vlispxpert's Underground

[vlispxpert]

only when market does big rug pulls, then you'll see it go crazy...it's purest hedge out there imo...more violent the rug pull, the higher this flies...we really haven't had a major multi-day correction..but when it comes, this one is the one to be in imo...good luck!

I rolled half of yesterdays profits into UVIX/TZA, gotta keep the hedge in place...wish we didn't have to, but I think it would be very foolish to think this market doesn't correct at some point...stay tuned ;)

[vlispxpert]

LOL, talk about good timing...better to be lucky than good ;)

[vlispxpert]

Just this little market slip made UVIX jump .50+, imagine a real dump out...so let's say market does a MONSTER dip with day after day dips...if UVIX breaks $81 on a major correction, it's equivalent to my whole account value...in other words, even if everything I hold is worthless, my account still stays right where it's at now...this is exactly what I'm after...

some may scoff, pfffft, $81, but last correction in April took it to $105

I can hold my stocks/calls and be aggressive buyer until I see a real correction...until then I stick on bullish side, ride it up, but keep that safety net 5' under me as we walk the tightrope market 1,000 floors above the pavement below ;)

safety net was 30' before add today, so I'm liking tighter closer net here ;)

stocks/calls gained +15% since last week, bummer I have to hold hedge at all...but it can all come crashing down in an instant & that's what I fully expect at some point jmho

My hackles started rising last evening...I felt euphoric, that's my signal to get bearish again lol

[vlispxpert]

UVIX telling us it's almost time...big jump...let's see if $14 pops...market still hasn't really dumped yet, just a little slip...warming up though..tick tock

[vlispxpert]

UVIX round 2, ding ding ding ;)