Counting with Doug: Financing a trip to Lake Tahoe solely with blackjack winnings?

A missed opportunity

In Market Recap on 23 May 2011 with no comments

With the big opening gap down today, VIX started the morning at almost –but not quite — 20, which I what I need to maximize my bullish-on-VIX option position. But from the open, VIX steadily eroded:

while the market as a whole never recovered:

I think we need to see a swift reclamation of that 50 day moving average, or the big dip will be coming soon!

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