Timing is patience. When I last wrote on HVU board it was 'Critical Timing'. I want to trade patiently and line up probables to support the trade not force the trade. If one does, we are forced to exit. Yesterday I took HVU / UVXY two days inadvance of my Feb 15th target. I needed to allow for the Q4 results to play out . Jan to Feb bullish market was required to exhaust as over buying the equity markets.

This was partially my post in January.but a key to my patience on this trade. Timing is testing the base range which I entered Tuesday on UVXY in advance of Feb 15th target pricing. Downside risk was apparent, but diminished as earnings reports came forth and a monster stock APPL declined. Financials appeared over bought advancing well ahead of other sectors.

We will see how this trade plays out into March.

GLTA Cheers Manxcan

The better time frame on HVU trade is possible Feb 15 Fri to Wed Feb 20 as March 1 is one deadline date on the Democrats / Republican fiscal issue confrontation. Thereafter it is May 19th as the crucial date. Thus HVU may trade well to upside April 20th to May 19th, and possibly beyond.