MarketsCJR

just checked investing.com, seems like $15.10 is the bid on spot $VIX, if correct +14.8% RUH RO $UVXY

stocktwits 48 minutes ago

MnArooler

$UVXY haha right now market look stupid like this http://y.ahoo.it/hwzbgvpo

stocktwits 3 hours 42 minutes ago

RichesToRags

@nyweatherguy We all have our $UVXY war stories. I m absolutely horrible playing this long...But can short it blindfolded & make money. : )

stocktwits 4 hours 27 minutes ago

nyweatherguy

$UVXY I bet big both days, and it dropped 20% both days. Stupid me back then. Now i know to load up short. Live and learn!

stocktwits 5 hours ago

nyweatherguy

$UVXY @richestorags You know that i lost a good deal of money, a while ago, cause i thought the VIX FUT gapped up and UVXY would go higher.

stocktwits 5 hours 1 minute ago

nyweatherguy

$UVXY Assuming its a somewhat controlled drop. Not in 1 day. It would go to 7.50 if we dropped 65 points in one day, i believe.

stocktwits 5 hours 13 minutes ago

nyweatherguy

$UVXY Believe it or not, SPX can drop to 1600, and UVXY will not go higher then 6.50 because of VIX FUTURE of 15.10 now.

stocktwits 5 hours 15 minutes ago

nyweatherguy

$UVXY In fact, it already kicked in. It s on the chart now. I just saw it.

stocktwits 5 hours 16 minutes ago

nyweatherguy

$UVXY JUNE VIX FUTURE kicking in monday, and it s 15.07. Spot VIX is 12.45. UVXY going down unless market tanks!!!

stocktwits 5 hours 17 minutes ago

nyweatherguy

$UVXY If it drops to 5.30-5.50 i will cover and re-evaluate.

stocktwits 5 hours 19 minutes ago

nyweatherguy

$UVXY I shorted 2000 shares at 6.00 at the close thursday. I covered 1000 shares at 5.68. If it pops back to 5.85 monday, will add 1K short.

stocktwits 5 hours 19 minutes ago

RichesToRags

$UVXY Shorting pops & covering drops with same pos size is GOOD. But re-shorting w/larger pos size each time is where it s at (if U R good).

stocktwits 5 hours 21 minutes ago

nyweatherguy

$UVXY until bear market ends. This is coming in the next 2 years, IMO. Until then, short UVXY on pops or add to position.

stocktwits 5 hours 23 minutes ago

RichesToRags

$UVXY Anyone *smart* enough to short this from the get-go kept pouring profits back into new shorts all the way down. Rich beyond belief!

stocktwits 5 hours 23 minutes ago

nyweatherguy

$UVXY Now, when this bull market ends, this will have the opposite effect. It will turn the corner and go from 5 to ~ (in theory).

stocktwits 5 hours 24 minutes ago

nyweatherguy

$UVXY and add as you accumulate funds and your money begins to climb exponentially. They are all rich, i m sure of it!

stocktwits 5 hours 25 minutes ago

nyweatherguy

$UVXY fund opened, purposely, after the debt ceiling debate of 2011 (i believe). The VIX was 40-50. It was a no brainer short.

stocktwits 5 hours 26 minutes ago

nyweatherguy

$UVXY Assuming you owned 1000 shares right here and it did a 10/1 RS.

stocktwits 5 hours 27 minutes ago

nyweatherguy

$UVXY You can, but you have to make sure to add 900 shares [on 10/1 RS] so you have the original 1000 shares at 50 price. Coming soon!

stocktwits 5 hours 28 minutes ago

RichesToRags

$UVXY But you can t just short it and hold it, R/S after R/S. Anyone doing this is screwing themselves out of profit.

stocktwits 5 hours 29 minutes ago

nyweatherguy

$UVXY Not counting taxation...

stocktwits 5 hours 29 minutes ago

nyweatherguy

$UVXY They all probably made 1,000,000 on a 100,000 bet. In 3 years!

stocktwits 5 hours 29 minutes ago

nyweatherguy

$UVXY Trust me when i tell you that many bank participants, hedge funds, and others who knew how this worked when it first came out did this

stocktwits 5 hours 31 minutes ago

bruno4048

$uvxy - If you short this at these levels it is also a possibility you could go broke on a hugh vix spike. Smoke that awhile.

stocktwits 5 hours 31 minutes ago

nyweatherguy

$UVXY another ~45,000 at this price. That would be almost 200% profit. If this happened 10 times, then 900%+ profit.

stocktwits 5 hours 32 minutes ago