That's interesting. Also interesting that you're bearish on mining shares.
Sorry to hear about USO, at least you're honest about this stuff boss. Thanks for the update man.
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That's interesting. Also interesting that you're bearish on mining shares.
Sorry to hear about USO, at least you're honest about this stuff boss. Thanks for the update man.
Shit, why not be honest? I play for the "mythical" 1000%er...the $100 bet that becomes worth $1000...and the faster the better. I'm just like everybody else in that I buy five $20 tickets and lose $100 periodically. The thing that makes me different is that I am going to "consistantly" post trades that generate 100% gains...and one recent trade (can't remember what it was but I think it was either the DIA trade or a gold trade) generated 700%+ if held until my target was hit. Methinks the trade in the sexy VIXens offers that kind of return. And 2 days ago I said >>> "UVXY coming all the way back to retest the 52 week low at sometime in the future." Just be patient and wait for the "proper" setup. If it doesn't come...no biggie...next! :-) I toldja this shit was easy. See how much better you are already...in like 3 weeks? Hope you understand the reasoning behind my JCP update. I was "hoping" for more but now the odds are looking like it would just be better to abandon with a small gain..."if" I even get that. If I don't...you then know why I said "this trade isn't really even worthy of consideration" when I posted it in the first place. I'm concentrating on long VIX and short gold via either GDX short or DUST long right now so check my blogs on those.
I'll open a new JCP blog when it signals the next "event." :-)