Making money grow by finding bubbles and shorting them
Saturday, June 7, 2014
Now it's time
Update on VIX: I wrote earlier that it looks interesting but I'm not quite ready to short it yet. Well, now I am. As always when trading BOTs I'm hoping for an overshoot as the perfect time to move in. Actually I already started but only with a minor amount. It's also interesting to think what this implies for the general market. A sharp correction coming? I'm going to play this by shorting XIV (inverse VIX). If it goes against me I'll add UVXY (2X VIX).