Crude oil is up-Vix below 20-SPX at support dollar -mehh-buys SPX low on the dip
sneaking in with the other NYSE rats before the crowd does-low risk level anyway but the sheep say they buy low they never do-to scared
spx 1342.50
the one single truth people dont know is regardless of what you invest in you are a spread trader meaning you buy an asset against another correlated one
dollar up oil down
interest rates up gold gets massacred
stocks up safe haven assets down-that is all you need know before planning to invest-trouble is these correlations get whacked and they move quickly so you really cant plan long term you can only hope to scalp some profits here and there
- Bold play: UVXY (emphasis on PLAY .... LOL) (no text) ---RichAndPretty ( Jul 09, 19:40, 2012 )
- )Good bet with that pos there is a place for it-me had to hedge mien with spy etf puts and short jcp and pot ---Shaka_Zulu ( Jul 10, 14:22, 2012 )
- chart backs me up ---Shaka_Zulu ( Jul 10, 14:13, 2012 )
- yeah im right-look at a chart of vix last five days over that other pos uvxy ---Shaka_Zulu ( Jul 10, 14:00, 2012 )
- forgot the devil in the details -when VIX is trading 10% + or - 10 day ma ---Shaka_Zulu ( Jul 10, 13:55, 2012 )
- You're a sharp mofo but a betting one to be paying these arcane volatility instruments ---Shaka_Zulu ( Jul 10, 13:33, 2012 )
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