At Dl no, prior organization that was the proc. I don't do anything different with the FAA on board. Again if you don't have the fuel load, or it's incorrect you don't push and you keep everyone informed. We have a copy of the rel for verification, I'm sure none of us has pushed with the signed rel on board:rolleyes:

Ok here's a link to the five year chart on the VIX best known as the volatility index. every time it spikes it crashes, even in a bear market. What I do is wait patiently for a spike, then start buying SVXY and puts in UVXY. The puts I buy are at least 2 months to expiration. I bought 200 shares of SVXY when the VIX spiked over 21 last week and kept buyin in 200 share increments and now hold 1200 shares, with the last 200 shares purchased yesterday at just over 55. I am now also holding 85 put contracts in UVXY which expire in DEC, JAN, and MAR. http://finance.yahoo.com/echarts?s=^VIX#%7B%22range%22%3A%225y%22%2C%22scal e%22%3A%22linear%22%7D

I don't even begin to understand any of that. I will stick with my dollar cost averaging of index funds and rebalance once a year.

No one should be encouraged to trade volatility instruments without a full understanding of volatility.

While useful to an knowledgeable, experienced trader, these are not long term investment instruments. UVXY and SVXY are ETF's derived from VIX futures. In essence, these are derivatives of derivatives. The cost of the roll each month degrades these instruments. There is no way to get a head of or avoid the degrading of these ETF's. They reflect movement of the VIX futures, not the VIX.

This doesn't mean that you can't learn and perhaps master them. But, it requires a lot of education and practice. Paper trade these instruments. They are educational. Don't risk real money until you have a lot of experience with them.

WRONG! SVXY shorts the VIX futures. Look it up. UVXY is a derivative of a derivative. I short UVXY and go long SVXY when the VIX spikes.

Orvil and Dalad, where do you learn all that stuff?

Have fun with the taxes :D

All done in tax deferred accounts and a Roth. I have an accountant for my taxes anyway.

Oh. Well, I will say this, just beware reverse contango, that can blow up your account.

Exactly. Otherwise why have to sign it at all. They could just wave the magic memo wand and decree that all releases are considered "pre-signed" unless you call the proper superiors to recind. :rolleyes: