I did not issue a buy call on the VIX last week as it did not generate a short term buy signal. It should do so today making VIX derivative long products like UVXY and VXX long term buy and holds. SVXY will become a long term short and hold.
6/14/17 VIX volatility index update
8 years ago by joejustjoe (48)
$0.03
- Past Payouts $0.03
- - Author $0.03
- - Curators $0.00
actually you did say it was a buy and hold last week
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No biggie, just a retest of the low.
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How'm I doin with UGAZ? Toldja it would see a new 52 week low. :-)
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ugaz&x=52&y=12&time=18&startdate=1%2F4%2F1999&enddate=6%2F12%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
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nice, I wasn't playing it were you?
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Nope, just playing SPY, Q's, IWM and my only long is DRYShits. I'll post a spew on my Tessie 80 lb crash diet here before the day is through tho.
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