/biz/ - Business & Finance

Feels good to be back in SOXL now that SOXX is back above the 200 day moving average. We had a scare back there semiconductor bros but at this point I'd say we're back. Now let's fuckin GO back to $72 oooooOooooooOOOOOOooooo

Pro tip: the market will never go down again. I know this because I plan to short the VIX next time it goes above 30. In the meantime I am taking out small VIX futures shorts on every little pop like the one we had today. The plan is foolproof you see. I will continue making small daily scalps in anticipation of the big move that by virtues of me being ready for it will never come. The thing about VIX futures though is that they are always in contango when they aren't pumping so my short scalps are guaranteed to work out as long as I hold a few hours or days at most. The scalps are with so few contracts so even if VIX futures pumped to 100 (they won't) I wouldn't be liquidated. So there you have it. To keep me from making big money on a large short from VIX 30 or 40, the Bogs will have to allow me to get away with scalping small shorts at every opportunity. It's the easiest money I've ever made. The only upset would come if a whale shorted the VIX at a low price and the Bogs could make more money liquidating that whale than they would lose allowing me to sneak in a large short on the VIX spike. Either way heads I win, tales the Bogs lose. I'm basically a genius and the bull market is now locked in