VXX has risen above $14 triggering the initiation of a long call position in the Feb 21st $14.00C, currently at $1.02. Other strikes and expirations are acceptable, but I'll leave that to individual preference. The Jan 31st $14.00C is trading at 50c. EEM triggers a Short-Term Sell Signal under 44.80 at the bottom of the hour (currently 44.60). With a trading portfolio already loaded on the Short Side as a result of this morning's Sells on FXI, BIDU and WYNN, and this VXX Buy Signal, we just don't need another trade on Armageddon...we're covered.
