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iPath S&P 500 VIX Short-Term Futures ETN Message Board

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  • papadop007 papadop007 Mar 7, 2011 12:28 PM Flag

    Let's see if POMO kicks in after lunch?

    When things get too hot (inflation) don't you think the FED winks at the Primary Dealers and let's them short stocks down to bring down consumer sentiment? So I wonder if POMO money amplifies the move down just as much as going up?

    I really don't know but i guess we will find out soon.

    If VXX closes near 34, then this market is going down faster than we think.

 
VXX
18.84+0.09(+0.48%)Jun 1 4:00 PMEDT