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iPath S&P 500 VIX ST Futures ETN Message Board

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  • diabeticinvestor diabeticinvestor Jun 19, 2011 8:07 AM Flag

    Will VXX go to 30 by July 16?

    If GDP comes in this week lower than expected vxx could see $30. Don't listen to anyone that says "no" because they are the same idiots that were running around this board screaming "vxx will NEVER see $24 again". The % move from 25.25-30 is much smaller than the % move from 21-25. Contango is and will continue collapsing as more an more puts get bought for protection. You could see vxx move up even if the market moves up in backwardation.

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