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#1 TTrader47

TTrader47

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Posted 01 July 2014 - 11:54 AM

Like clockwork. Market opens lower. Dip gets bought into Euro close. Fad's the rest of the day. SPY leading today.


Again. Buying the dip. A little VIX squeeze today. Max pain possible. Looking forward to final estimates of Q1 GDP on the 25th... A couple weeks ago I thought we had finally made a more significant top, but that was quickly shot down (or bought up ;) )

Looking for ATH for DIA, SPY, QQQ. IWM still has a long ways to go...



SPY and QQQ both have made another all time high. Looking for IWM and DIA to finally do that as well and have them all agree with the ATH. Quite the incredible run for the small caps!

Staying in some cash but continuing to short uvxy. Pretty profitable now. Next week could be rough. And by rough, I mean that volume could taper off later in week with holiday...

Even with low volume, the Vix looks like it might get pushed down at least one more time...


Will look to tapper this position to lock in gains. Looks like Vix getting pushed down again. Whether this is the last time that it drops below 11 is yet to be determined.