claydoctor

VXX where there is smoke there is fire

Long
AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
3
Bollinger ready to spread, nice big green candles, MACD , RSI , and MFI looking good for this trend to continue, and opec cooperating nicely by staying pat on their production, sending oil even lower, and the markets are now correlated to that move, bringing SPY , IWM (but noted IWM did act weird yesterday with a mind of its own a little bit, watching that - I actually sold "some" TZA positions yesterday at their peak) finally down with its move, but for how long, where is the bottom in oil , wow the talk is all over the place, playing this trend for now. Really nice to know I wasn't nuts to have been preaching this would happen. Now my radar screen makes sense again, and my wallet is a bit thicker