Saturday, August 4, 2012

TVIX trade update.....

I apologize for the delay. The clients who receive email already acted on the update. We sold TVIX a couple days ago at $3.63. The reason was purely technical in nature. One of our new resources showed us an "inverse head-and -shoulders" formation in the market and our computers displayed a breakdown in the TVIX trade. We cleared about 10% on the trade. We are now in cash and will update soon. Please check emails for trade ideas.