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ProShares Ultra VIX Short-Term Futures Message Board

  • speeter4 speeter4 Mar 23, 2012 4:24 PM Flag

    UVXY will most likely bottom out next week around $13/share

    I believe end of quarter window dressing and big money juicing the markets for one last push before earnings warnings start hitting will cause the VIX to continue its epic collapse from November.

    I believe earnings will be weak for the next two quarters (unlike what all the BULLS are saying on TV) and I do believe we will see a rebound in VXX and UVXY after the first week of April.

    People, no question the media is lying to us. It's like all the worlds problems just vanished, and we all know that isn't true. With that being said, it's really dumb to fight the tape.

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UVXY
15.05+0.74(+5.17%)Mar 31 4:00 PMEDT