Diary of a Financier

Playing Safe: Treasuries More Likely to Collapse than Vol

In Capital Markets on Wed 2 Nov 2011 at 17:52
I wanted to put a picture to the words I posted on a StockTwit this morning while I was doing some jockeying in my positions today:

Refraining fm buy of $TLT as all fractals are analogue of Jan 2009 top. However, I have low limit buys in for $UUP and $VXX

Both my US Dollar Index ETF (UUP) and Volatility ETF (VXX) limits executed this afternoon. I wanted to highlight the VXX position in particular.
The most glaring difference between 2011 and 2009/10 is the current momentum of the monthly fractal.

VIX modern tops- most glaring difference between 2011 and 2009/10 is the current momentum of the monthly fractal.

That will be all.

–Romeo

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