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Not for long. Multi year low in oil was just put in this morning right before our eyes. This will be our next “Very Explosive” trade. Big first move coming.

I still believe we have more market downside set aside for us, but was a nice profitable trade out of fear this morning.Oil looks to be bottoming here, If we don’t make new lows there as markets make new lows…UWTI(3X Long oil) may be next great money maker….Something to look at…GL.

Yes… good job. People certainly had plenty of time to average into short positions last week.

Well last week I advised to buy VXX and its family(TVIX/UVXY) stating they would be “VERY EXPLOSIVE”. I would call that the correct definition.

It’s amazing how many people didn’t see this coming and I posted about it 2 months ago.