i am long XIV till may 1,2013.thats when the markets will tank.a 10% drop from 1589 to 1430 its also the sp500 1 year chart trend channel support line.
Nice Call! (Not)
Don't speak so soon. Lets see if XIV stays above 19.70 tomorrow. I think he is spot on but that can change. I'm glad that I got in today. I think we will go past 21 tomorrow.
Sentiment: Strong Buy
Sounds good to me. I got in today. Hoping that we hit at least $24 by the end of April before I sell.