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Analog Devices, Inc. Message Board

  • bakedinalready bakedinalready Jan 24, 2013 12:52 PM Flag

    Look @ UVXY/VXX. Skying On An "UP" Day. Counterintuitive.

    Never saw this before. Market way up, but these ETFs making significant gains, whereas they usually go down on "Up" days. I actually covered my VXX short yesterday in AH, thinking that the APPL debacle would crash the market, but the opposite happened and market went way up. So, I made the right move for the wrong reason. Sometimes, it's better to be lucky than good. This might be a good shorting opportunity, or it may be a prelude to market correction/crash.

 
ADI
48.25-1.24(-2.51%)Oct 1 4:15 PMEDT

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