Been buying the VXX afterhours at around 29.30ish.
For the small port, added 200 shrs vxx 29.33 ... wide stop, might hold for weeks not days (though will take profit in days if it presents itself)
vxx put in a bullish hammer today (unconfirmed....needs close tomorrow over todays hi to confirm)
i interpret vxx as "it broke out on tues and backtested today... with more up to follow... putting in a type of dbl bottom adam/eve.
target mid-term is 37.73
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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