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iPath S&P 500 VIX ST Futures ETN Message Board

  • do.john67 do.john67 Mar 6, 2013 9:30 AM Flag

    Another Market Rally!

    Ok,
    I expect to lose more money in my trading account today. I crunched the numbers though, and yesterday made 4 bucks in my retirement accounts for every 1 buck loss in my trading account.
    Maybe I should do more adjustments in my retirement account to lock in gains?
    Nah, I will let my retirement account go to the moon, and stay the course with my trading account, only makes sense to me. No tears here, but woulld like to see a pull back. Would be healthy for the market, and my trading account!

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    • John I am out of the market but I don't see much point in trying to short this. With no overhead resistance now there's really no predicting how high we can go. 1600? 1700? 1800? All those and more will likely be printed this year.

      • 1 Reply to con_law_misery
      • I hear you attorney. But, will only catch the correction, pullback, or crash if got skin in the game!
        Just have to have a strategy so not losing the farm while waiting for the inevitable.
        Sideline is not an option for me. My retirement accounts are making money hands over fists, and will give those gains back quickly if we have a sharp market correction. I would rather continue making money in my retirement accounts and have limited losses in my trading account, than sit on the sidelines with all accounts and make nothing.
        If, we ever get a pullback, then my trading account will offset some of the hit that my retirement accounts will take. I have a while before retirement, but time flys while you are making or losing money. Kind of stands still if you are sitting on the sidelines!

    • Too late just got your Money yesterday and getting more today!!! Go Long looser!!

      Sentiment: Strong Sell

 
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