Are you happy yet? I think not. Looks like you were wrong again. And it looks like the market continues down, and UVXY continues up. "hopium" is not an element on the periodic table. Should have covered for a smaller loss this morning when it was @ 31.37. If you covered and went long at that time, you would be even, and could short this at 34-35 tomorrow. Shorts here have gotten way too cocky, and hence the squeeze we are experiencing now. Everyone is short, and the slightest move down in the market, and this rockets up. It's almost $2 off it's low of the day, and appears heading for $35 by Friday. Another 100 point drop, and this goes to 35-36 tomorrow.