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Longer dated VIX didn't go at all as market move up, so it is nice hedge for longs.
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I would rather long vix than shorting spy
Here's a chart that I didn't post on Monday's newsletter ...
Posted by qsong2000 on 14th of Oct 2010 at 04:33 pm
Longer dated VIX didn't go at all as market move up, so it is nice hedge for longs.