This could reverse ...too risky
Bad time to short. This thing could pop to $40 with budget battles. But if it does I'm gonna short it.
I am now short 18% of my money with 23.80 cost basis. If it goes up I will short more. Following Wes Weber.
I think you will regret going against your original call of VXX 30.
That doesn't make sense. Contango is now bigger than it was yesterday when you shorted.
This market is not making sense. I am going to take advantage of the volitility in both directions until it stabilizes.
Covered mine also. Shorted at 26.70 yesterday. I may go long if it goes to 23 bucks.