Wednesday, May 26, 2010

Closing time

VXX pulled back nicely before the close of afterhours trading, giving up more than half of its gain after the bell (from 31.90 to 31.45). I opened a small position at 31.45. May add more in the morning or sell it back. Still not the price I wanted (sub 31), but it's a start.

If it opens flat in premarket, might open a position in AAPL as a hedge, strange as that may sound.

11% VXX, 89% Cash.

Another ride with the always dangerous VXXen


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