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.





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