3309 Drysdale Ct
Edwardsville, IL 62025
https://stockcharts.com/h-sc/ui?s=UVXY&p=30&b=7&g=5&id=t57491464739&r=1361979193716&cmd=print
On the big day for the VIX on Monday (up 34%), UVXY was up about 27 %.
Pretty poor correlation, even for an "ultra vix" seems to me.
Jussayin' ...
splitting hairs a little aren't we?
Yeah, maybe so ... I know I was not splitting hairs, but rather smiling all the way to the bank with a 27% one day move.
But more than the correlation to the VIX, I guess it's the volatility of this volatility instrument that's not for the faint of heart!
Re: What matters is entry and exit ... guess I can't argue with that!
Happy trading!
hey like any good trade in the plus column with nice profits, like jack lord used to say in hawaii five O,
nice trade
BOOK EM DANNO !!
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UVXY wave pattern
Posted by roger on 27th of Feb 2013 at 10:34 am
https://stockcharts.com/h-sc/ui?s=UVXY&p=30&b=7&g=5&id=t57491464739&r=1361979193716&cmd=print
Tricky little instrument, this one
Posted by johnny1 on 27th of Feb 2013 at 11:20 am
On the big day for the VIX on Monday (up 34%), UVXY was up about 27 %.
Pretty poor correlation, even for an "ultra vix" seems to me.
Jussayin' ...![Wink Wink](http://breakpointtrades.com/tinymce/plugins/emotions/img/smiley-wink.gif)
UVXY wave pattern
Posted by roger on 27th of Feb 2013 at 11:23 am
splitting hairs a little aren't we?
Splitting hairs? I guess its all relative ...
Posted by johnny1 on 27th of Feb 2013 at 12:09 pm
Yeah, maybe so ... I know I was not splitting hairs, but rather smiling all the way to the bank with a 27% one day move.
But more than the correlation to the VIX, I guess it's the volatility of this volatility instrument that's not for the faint of heart!
Re: What matters is entry and exit ... guess I can't argue with that!
Happy trading!
uvxy splitting hairs
Posted by ghosttrader on 27th of Feb 2013 at 12:15 pm
hey like any good trade in the plus column with nice profits, like jack lord used to say in hawaii five O,
nice trade
BOOK EM DANNO !!