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$tockfather

05/16/13 9:41 PM

#73612 RE: $tockfather #73611

UVXY- Playing it again, jumped in today @ 5.90

I think we are nearing a decent pop up in the short term(hopefully by next week).imo

It looks like it might have found a bottom ATM, not to mention market index's are simply way over bought.

We shall see;-)



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BeamMeUpScotty

05/19/13 3:47 PM

#73650 RE: $tockfather #73611

Yup that's what I think too. Once there's been a run and not the expected news about return to the private sector, the traders who traded it up will sell out and open a short, to rise both sides of the run.

I'm looking to get into FNMA and FMCC when some of my other plays come in then just hold for a couple of years.