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iPath S&P 500 VIX ST Futures ETN Message Board

  • do.john67 do.john67 Feb 8, 2013 12:57 PM Flag

    Time for Another Cruise?

    Last year, I had enjoyed 2 of 3 cruises for the year by now. I haven't been on vacation since December now. I think it is time, although my returns year to date thus far do not suggest that I deserve one. But, I am back on the right track shorting UVXY, and think that I can at least take a domestic vacation, at least once the airports will allow it.
    All I need now is a big pop in vxx so that I can short a much larger UVXY position than I have now, so my vacation will be paid in full!
    This is an odd moment for me. I make money as VXX sinks lower and lower, but I actually want a huge spike in VXX so that I can feel more comfortable taking on a much larger short position.

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VXX
27.65+1.09(+3.94%)Jul 9 4:00 PMEDT

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