When I day trade an etf like this it's very important to stay on
top of the trade and bail quickly if it goes against you. The same
reason you get in should make you get out, don't second guess the
chart. Here is a new tweaked version of this VIX chart with
the SDS on top as it trades in the same direction as the VIX.
things just don't look that "dire" to me here. Vix is
laughing it off, soxs aren't that weak and how many times has the
market been excited over the "Euro" issue. Man that dog just
don't hunt no more....until it's the "big one" i guess!!!
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SDS out
Posted by ditch on 13th of May 2011 at 02:09 pm
lost 4 cents per share
Your chart was interesting. Thanks.
Posted by jamesl on 13th of May 2011 at 02:13 pm
Your chart was interesting. Thanks. You are a lot more nimble than I, but I will pay more attention to the 14 in conjunction with the 60.
Both you and Tom have helped me.
When I day trade an
Posted by ditch on 13th of May 2011 at 02:17 pm
When I day trade an etf like this it's very important to stay on top of the trade and bail quickly if it goes against you. The same reason you get in should make you get out, don't second guess the chart. Here is a new tweaked version of this VIX chart with the SDS on top as it trades in the same direction as the VIX.
things just don't look that
Posted by john9o9 on 13th of May 2011 at 02:20 pm
things just don't look that "dire" to me here. Vix is laughing it off, soxs aren't that weak and how many times has the market been excited over the "Euro" issue. Man that dog just don't hunt no more....until it's the "big one" i guess!!!