Again. When this begins to move it is swift. I will be waiting for some kind of sign - a pop of atleast 10% in the month to come and that should provide a good starting entry point. Never place your short VXX bet in one single day, space it out during times of volatility to get the best average price!
A- rabid bull retail investors
B- fund readjustment inflows
C- glut of foreign investment into US equities
D- FED buying all day every day
E- oil under 100
F- S&P PE's under historical average
G- market collapse and armageddon- already happened see 07-09
H- wars over
More bearish propoganda. I short with weekly puts every week ZERO exceptions. If vxx went up every week for the next 3 months straight I would still be up $100k's. Pull up the 5 year vxx chart and tell us what u see.
Great strategy, I also wait for moments of volatility to add into a position. There were moment when I was 100% in a VXX short last year. It was wonderful.
No, the problem with $27.50 is that we have decay. +5%, -5%, +5%, -5%, such that when you finally have a 10% day it is 2% higher than the first day you made the bet hehehe.
To go long is to lose. (I am long right now though).