THIS ALERT IS GOING OUT TO ALL SUBSCRIBERS, CLASSIC & PRIME, SO IF YOU SUBSCRIBE TO BOTH SERVICES, YOU WILL GET TWO ALERTS. The DOW, S&P and NASDAQ are all breaking lower this morning. The SPY Apr $175 Put hit its stop on Feb 26th. If you are underweighted on the short side, consider this position as the place for new money. Also, UVXY is still Long in the Special Situations portfolio. That also is a place to put new money. Shorter-term traders: The VXX 180 minute model goes long above 43.80. With VXX trading at 41.50 that seems far away. But in a fast market, it can be reached quickly and the quicker it does, the more bearish it is for the market. Forget waiting for the time windows, if VXX 43.80 gets hit any time today, we will be buying the VXX Apr $45 Calls.
