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iPath S&P 500 VIX ST Futures ETN Message Board

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  • wes_w_weber wes_w_weber May 4, 2012 1:27 PM Flag

    VXX will be $14 by next Friday

    Oh I am admittedly an imbecile. Some used to say Mastermind ;) I say Master-Moron. Nothing to brag about there but it is an obvious trade.

    If you would like to see what this product will look like in a few year look at a chart of FAZ ;) or FAS for that matter. (FAS is a product that has had nothing but tailwinds and it is still down)!.

    VXX will eventually split adjust to $8000 and be trading at $10. I just would like to be somewhere in the $500-$1000 dollar range I hope in a few years ;)

    I am rooting for the longs because anyone that can go long and make money long on this thing, has my highest level of respect and are obviously wise traders!

    I was up 180k and then it was gone hehehe! You will have moments of gains and you will play enough to have them sucked away. You will never have that trouble holding short.

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