"Let's Rock and Roll this thing" Thorsten Heins. DATE?: the day I knew I was destined to lose a whack of money but coudn't bring myself to believe it.
isn't that from the "obvious " file? We knew that.....I need to know if it's going to be for MORE than $14 so I can get my money back. Methinks it's a big NO. Over $10 would be nice to start though. However...by nature of the company..this could be a real stink bid....
Ok Wes, decided that I would buy XIV at maximum Obama "fearmongering"..and I think I just saw it. Bought XIV $22.64. We'll see.
Agreed. I am getting ready to buy XIV.....which is not levered.....but as you, scaling in. However..I just don't short.....I am one of those who just doesn't want to be playing in an arena I am not used to. XIV long is defined risk in my opinion and really, same as being short VXX to a degree. Good luck.
Gotcha. Would you consider buying XIV? or no need with VXX short. Also, why not short UVXY instead of VXX...just the leverage?
Well done Wes...keep milking her. Question: are you still short VXX? The futures are in backwardation now and although I think we are getting CLOSE to Vol top.....aren't you a little worried about continuing to short until it reverses? Just curious as to your thoughts.
Hey Wes, congrats on how you have played this. Well done. I am still bleeding profusely and continue to get sucked in to every bounce like a loser...BUT, I do think I will get at least $9 maybe more. Very hard loss lesson for me....terrible decisions made on my part. However...doing well in many other areas. Very frustrating watching this play out. But well done on your conviction to the short side. You have been nothing but correct.
Hmmm, this is an interesting move. Watching closely, this looks a little "strong" don't you think Wes? I am long today 10.54 10.67 10.77 will bail if your 10:30 correction occurs...but I stand to make out handsomely IF this is 'the one". I sniff something. Good luck