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I am a 41 something year old male. I have worked for UPS for over 20 years. I am investing for financial independance and the joy of finance. I believe in Nanotech, Robotics, and the next revolutionary technology. I learned to invest before the internet bubble (with no money), and started... More
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  • Volatility 0 comments
    May 20, 2013 10:04 PM | about stocks: TVIX

    I'm holding 2000 TVIX now with a stop of 2.5.

    My tech's and the market are plowing upwards but volatility is not crashing. This does not bode well for the medium to long term.

    I'm going to add 2000 more TVIX if things stay this way.

    God help us if the FED stops the hopium unexpectedly.

    I am going to start preserving profit on all my holdings with a stop loss strategy. I'll satisfy my long term goals by getting right back into the long position sans the big PCT drop if it happens.

    I still need to get some SSYS but I am still waiting on a dip.

    Disclosure: I am long TVIX.

    Stocks: TVIX
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