I short and the stock goes up. I buy and it goes down! Just been making some bad mistakes on timing though. For a newbie, maybe this is a good time to just sit back and watch and learn :eek:
In general there is an inverse relationship between volatility and price movements. Have you ever tried just buying ATM/ITM vix calls as a hedge? A couple others are trying it out right now.
I might agree with the others, disagree with GLD. GLD is a sell, gold has quite a bit of downside left in it imo.
Well my first market calls that were made under this trading form... Yesterday's bottoms of CME, ISE, NDAQ, NYX, GLD, ICE (ICE and GLD are the underperformers...They are only up 2%...and ICE hit a lower low today, but it don't matter to me cause that was the one I sold near the open) So here are some charts....Most are up over 5% since I pointed out the bottom yesterday.... This was posted under Forums--Journal--Trading for a living--Want to share 05-24-06 01:36 PM Bought NYX@55.46 Looking for oversold bounce in these exchanges Attachment: nyx.gif This has been downloaded 5 time(s). 05-24-06 01:37 PM Bought CME@420.00 Attachment: cme.gif This has been downloaded 4 time(s). 05-24-06 01:39 PM Bought ICE@53.40 Attachment: ice.gif This has been downloaded 8 time(s). 05-24-06 01:38 PM Bought ISE@35.08 Attachment: ise.gif This has been downloaded 13 time(s). 05-24-06 01:33 PM Bought NDAQ@27.48 Attachment: ndaq.gif This has been downloaded 8 time(s). $COSTAverageMAN