Seeking Alpha
  • Dr. Kris
    Keeping it in perspective: How some things fared since Jan: Oil (OIL) -7.2%, Gold (GLD) +10.2%, S&P500 (SPY) +15.4%, Apple (AAPL) +68%.
    9/14/12
    Reply (24)
    • Bob de'Long: Back-of-the-envelope, I'm about +3.8%. I've been 30-50% in NFX, which is -6.7%, so I'm where I deserve to be.
      9/14/12
    • Glidr: UVXY -95.5%
      9/14/12
    • TruffelPig: NFX should come back. I am in 30+ positions to avoid things like that and biggest AAPL, COH, SBUX, NOV, etc. simple stuff
      9/14/12
    • Dr. Kris: Don't beat yourself up, Bob. You're still in the green, unlike some hedge fund managers.
      9/14/12
    • Dr. Kris: Glidr: I hear OceanMan shorted UVXY several months ago. Dontcha just hate him?
      9/14/12
    • TruffelPig: My account doesn't allow me to short triple leveraged ETFs......
      9/14/12
    • Dr. Kris: TF: I don't think anyone's does. Just pullin' your leg. A little Friday fun at OM's expense.
      9/14/12
    • TruffelPig: Oh.....lol. I would short them all! I do in my Fool Portfolio. Lol.
      9/14/12
    • 1980XLS-2.0: UVXY? not if you bought at today's lows and sold ah!
      9/15/12
    • TruffelPig: @Bob - The same that happened to you with NFX happened to me with ERF but it pays good divi. Maybe sell NFX and buy ERF? Similarly beaten.
      9/15/12
    • TruffelPig: ERF reinvestment plan avoids paying Canada tax and gives stock at 5% discount btw.!
      9/15/12
    • TruffelPig: You can enroll in US in it (I have a Fidelity account).
      9/15/12
    • TruffelPig: So I get 12% dividend really!
      9/15/12
    • Ocean Man: I have shorted both UVXY and TVIX this year. A lot of days shares are unavailable to short, but you can find them when people are skeered.
      9/15/12
    • Ocean Man: Oct 4th, 2011 (less than a year ago) UVXY $2,058 per share (split-adjusted). Dipped under $29 yesterday.
      9/15/12
    • Ocean Man: The funny thing is, long TVIX was my best performing stock in 2011. Learned the hard way in early 2012 what happens if you hold it too long.
      9/15/12
    • Youngone91: Up 28%... playing gold and silver mostly and some quality such as PM, NKE, RL
      9/15/12
    • Dr. Kris: OM: I don't recall ever seeing leveraged funds on my brokerage's short list. Takes guts to short these instruments.
      9/16/12
    • Dr. Kris: OM: UVXY falling so dramatically only emphasizes why most people should not be in these issues for any length of time, if at all.
      9/16/12
    • Ocean Man: ^Agree on the long side.
      9/16/12
    • Perkins Cove: UVXY...come on Doc. Let your hair down and take a walk once in a while on the wild side! Ok, its not as good as pie....
      9/18/12
    • Dr. Kris: Rialto: I hate to say it, but I do think the best way to play the VIX is to play the VIX futures directly.
      9/18/12
    • Perkins Cove: If you say so. I'm not an options guy. Hope you got a big chunk of money from your call last Fall on XIV.Triple? Cool! Cheers...
      9/18/12
    • Dr. Kris: Yes. Did well on XIV.
      9/18/12
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