VIX up 5% and VXX up 2.3% today- PROOF VXX is going to fall hard
You might be right about that. I know what I know and I found out that I am not as quick and precise at you to pick bottoms and tops multiple time throughout the day. I just try to deal in absolutes when I trade and this is absolutely going to 0. I do not have to pick tops or bottoms.
I did pick a top in a stock called ABIX back in 2004 though! Only once out of 100's of thousands of trades. You are undoubtedly a lot smarter than me.
The people who claim to consistently nail the tops and bottoms are just liars. But your claim that 100% this will see new lows before 20 is just as stupid. Nobody knows for sure, but I would take the opposite side of that trade (and will everyday in fact), so we will see. I say 20 next week.