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To: statesidereport who wrote (147)8/11/2014 10:14:06 AM
From: statesidereport  Respond to of 608
 
On UVXY - this will either pay-off by year-end or I will sell it at that point. These types of investments are only short-term vehicles to protect against near-term risk. If I'm wrong, this will lose value over the next 3-4 months even if the market stays at these levels. Similar to a call option.

stateside



To: statesidereport who wrote (147)8/11/2014 2:42:02 PM
From: statesidereport  Respond to of 608
 
Picked up another 100 shares of UVXY at $31.00 since fear is getting dumped today as the markets are convinced that the Dow is going to 20,000 and beyond.

stateside


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