Leaving orbit

Re-entered a small position in AAPL at 255.30 and UNG at 8.25 (tiny position) afterhours. Would've liked a little bit of VXX, but I didn't move until the last 2 minutes and ran out of time. 

28% long, 72% cash. A 6% position in VXX would've been sufficient. I'll adjust accordingly when premarket begins on Monday. If the market tanks by Monday morning, I'll open a small position in VXX to hedge in case of a full-blown crash. That might actually work better, since my theory is that the market is likely to have a dead-cat bounce off these Flash Crash levels.


I finally got my AAPL shares below 260. A dip to 250 wouldn't be shocking. I'd be out before that and re-enter at a lower price, whether it would be 245 or 240. But the days of holding AAPL long term are gone. It just happens to be the stock I can actually count on fundamentally. A double dip in the market, though, would skewer every long position and fundamentals would mean squat. VXX is so key in this tumultuous environment.