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Analog Devices, Inc. Message Board

  • bakedinalready bakedinalready Feb 20, 2013 3:09 PM Flag

    Gotta Short VXX/UVXY Here......

    This is the correction we've all been waiting for.....

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    • it's still climbing. don't you think some overhang tomorrow?

      • 1 Reply to onedanelectroman
      • Well, I jumped the gun and shorted too early....but..with this, you don't have to worry too much. Over time, it only goes down. You have decay & contango, which is decay of the front month futures. Now since we have this debt "crisis" thing looming, it might be a little diceier than usual, but in the long run,basically, you can't lose shorting them if you just hang on. Also, it rebalances after hours, so you might see it change @ 4:15. I see it went up, but is now curving down a bit. If market rallys tomorrow, it will drop like a rock. We'll have to see what happens. And all this was a result of just a few sentences in the January Fed minutes about the POSSIBILITY of easing. Imagine what's going to happen when they actually stop pumping money every month. Then you are looking at a real crash, but that's at least six to 8 months in the future. When interest rates start to go up, this market will tank hard. The easy money has been made. Going to be more difficult from now on.

55.04-3.07(-5.28%)Jun 24 4:00 PMEDT