I bailed into the close today because I counted 5 down on the Dow and 5 up on UVXY. I'd like to buy back in the 44-47 range on Monday but I know I am taking a big risk that DJIA could gap down badly at the open. Still loss of profit is not nearly as important as loss of capital so I will take my chances and not hold over the weekend.
Friday, September 18, 2015
[UVXY] update
In the backlink the model expected UVXY to begin moving up.

I bailed into the close today because I counted 5 down on the Dow and 5 up on UVXY. I'd like to buy back in the 44-47 range on Monday but I know I am taking a big risk that DJIA could gap down badly at the open. Still loss of profit is not nearly as important as loss of capital so I will take my chances and not hold over the weekend.

I bailed into the close today because I counted 5 down on the Dow and 5 up on UVXY. I'd like to buy back in the 44-47 range on Monday but I know I am taking a big risk that DJIA could gap down badly at the open. Still loss of profit is not nearly as important as loss of capital so I will take my chances and not hold over the weekend.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment