Wes, you said a couple of weeks ago that you bought at 28 and change. Are you still holding that 10 k shares? Just curious, no flame here as I'm now beginning to doubt the veracity of your posts. You always seem to be on the right side of all your trades. BTW, are you still long RIMM after it's 50% retracement?
I do not think it was 28. I thought it was 26 to 24 actually and no I sold that and took the loss but I have purchased the VXX for 6 days now (Held for 2) - the other days I traded it and sold out intra-day.
I would not follow my strategy with this admitedly. I am fast and fickle and just feel VXX stands a chance for a pop on some instability and an imminent pull back. I have barely broken even from the loss early in the month.
This is ONLY a short! Always! Probably strike someone as odd I'd be buying it hehe but hey I also bought RIMM this morning as well averaging a cost down to $13.57 from the other day...