Issue #162
| For all subscribers who own shares of VXX:
1. SELL HALF of your shares of the iPath S&P 500 VIX Short-Term Futures ETN, symbol VXX, at the market and change your protective sell stop to $28.00, good till cancelled for your remaining shares. |
Dear Member,
The U..S markets have been volatile lately and that has been great for your VXX position. Now, it’s time to take some profits off the table. I recommend selling half of your position at the market. Don’t forget to adjust the sell stop on your remaining shares, per the above..
Continue to hold all other positions, with their related stops, and stay tuned.
Best wishes,
Larry
