Quote:
Originally Posted by Carl Johnson
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No offense, but if you are 100% invested over an weekend in an instrument that is a derivative of a derivative you are no better than the people who were buying EU peripheral debts a year ago.
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Sorry let me clarify: In referring to that TVIX trade, I was playing with the high-risk portion (10%) of my portfolio. I was sitting on 90% cash, though I sold my TVIX so now, as I just posted, I am sitting on 100% cash. USD specifically. I don't recommend anyone go "all in" on any leveraged ETF. Hope that clarifies things up, cheers.