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drchelsea1

VXX $16.25 / TIME FOR MARKET CORRECTION PROTECTION

Long
iPath Series B S&P 500 VIX Short-Term Futures ETN (AMEX:VXX)  
drchelsea1 Updated   
AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
Trend Analysis Wave Analysis Beyond Technical Analysis
11
0
trendanalysis waveanalysis beyondta
0. Notes to follow;

1. Time for correction protection, if you are leveraged, or can't for whatever reason handle a 10 to 20 percent back draft;

2. More notes after close;
Comment:
3. Chart is irrelevant. Can't be analyzed. It is derived. Also suffers from Contango/Backwardation as well. Options based, so it can run higher, or lower than the spot price depending on many factors.

Trade Idea: Use VXX to Protect Your Portfolio from a Massive Selloff

Older article, applies still.

www.moneyshow.com/ar...s/tradingidea-50344/
Comment:
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