johnpaulca
12,036 posts
msg #118059
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2/5/2014 12:48:08 PM
I used a 1-min chart with VIX and XIV on my screen. I knew the VIX is ripe for a pullback(daily chart) and still is, so the risk is not so bad. First sign of weakness on the VIX 1-min I entered XIV, sold when the VIX became oversold....nothing fancy or complicated, it moves darn fast thats for sure.
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Kevin_in_GA
4,599 posts
msg #118060
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2/5/2014 1:03:21 PM
The relationship between the VIX and XIV is pretty weak - look at yestersay's ~12-13% drop in VIX and the tepid move in XIV. Same thing today. Marginal VIX movement up (about 2.5% at the time of this writing) versus the -3.5% drop in XIV.
Not a good proxy for the VIX - seems to be designed to take money, not give it.
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shillllihs
6,102 posts
msg #118062
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2/5/2014 1:11:38 PM
Star Scientific, Inc. STSI
0.69 Up 0.1194(20.93%)
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johnpaulca
12,036 posts
msg #118063
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2/5/2014 1:24:30 PM
Thanks for the heads-up Kevin.
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Kevin_in_GA
4,599 posts
msg #118064
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2/5/2014 1:46:11 PM
More of a cautionary tale - I bought a few hundred shares of XIV right at the close on Monday for 26.61, and despite the big drop in the VIX yesterday the stock barely moved. Really frustrating.
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shillllihs
6,102 posts
msg #118066
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2/5/2014 1:59:44 PM
You would be crazy not to snag DGAZ 5-7 bucks in 4-6 months.
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shillllihs
6,102 posts
msg #118069
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2/5/2014 3:00:09 PM
I switched all XIV to UVXY. It drops harder.
I went thru some charts a few weeks ago & over a year it fell about 50% more on entries exits. Try it instead.
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shillllihs
6,102 posts
msg #118076
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2/5/2014 10:54:49 PM
I tweaked this a bit What do you'll think.
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shillllihs
6,102 posts
msg #118077
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2/5/2014 11:19:33 PM
Or
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shillllihs
6,102 posts
msg #118083
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2/6/2014 9:45:32 AM
(TVIX)
10.63 Down 0.60(5.33%)
Needed that...
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