Thursday, August 04, 2011

-7.07% as of today's close

Well, this is the day I thought last Friday would be (-4.31%). Anyway, it's here, as promised. VIX needs to be up around 60 or higher. It settled at 31.66 today.

Start buying in the 9000's, if it gets there. Sooner, if you have really deep pockets and can stand some abuse. You may have to ride it down into the 7,000's or so and you may have to own it for a long, long time.


Post a Comment

<< Home