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iPath S&P 500 VIX ST Futures ETN Message Board

  • daveparker0808 daveparker0808 Apr 5, 2013 10:26 PM Flag

    Seeking Alpha - Shorting VXX is a crowded trade with a bad ending.

    Shorts being hedged off one another. Seems like the direction is down for now, but if we get a large sell-off the article's writer is probally correct as it makes sense at this level. Always hard to walk from something that has been working for so so long. Hard to say when it will occur, but this country has a lot of problems.

    Sentiment: Hold

15.78-0.24(-1.50%)Aug 3 4:00 PMEDT