Buy TVIX premarket 6.6 limit Stop 6 Target 1 8.50 Target 2 10.50 Anyone remember Bookstabber's Demon of our own design? This Ukraine- Russia situation seems innocuous enough if you are American but not if you grew up in Europe, and not if you are a student of US-Russia relations in particular, and global politics in general. The situation is escalating and it will be increasingly difficult to put the genie back in the bottle. We are talking about a very complex system here with lots of interests (moving parts), with no real mechanism for easily arriving at a simple solution. If we are very lucky things don't ratchet up further, but I think that is a low probability outcome at this point. I not suggesting WW3 or anything like that, but I am suggesting a significant economic destabilizing event. The trade may be a week early but I don't think the stop will get hit even on earnings and numbers related rallies this week, and this situation could get hot at anytime. FD: I have a position in TVIX
http://finance.yahoo.com/news/56-old-engineer-45-000-124550722.html Interesting story ....tough to make a bet on an instrument that may or may NOT reflect the underlying it is supposed to reflect.... perhaps better off trading the vxx