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ProShares Ultra VIX Short-Term Futures Message Board

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  • fiddlinginrome fiddlinginrome Jan 4, 2013 3:35 PM Flag

    Just bought

    How bout now? There will be plenty of time to jump in when the road gets bumpy but for now this UVXY road is downhill...get out now!

    Sentiment: Strong Sell

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    • good job casesuzz, at low of the day now with a rising s+p; should go lower into the close.

      fiddling is right, there will be a time to go long uvxy(probably 2 weeks before the debt cieling in march), but in january youre just losing money.

      • 3 Replies to leeholsenbeck
      • Oh well stop was hit - penny on the upside so Scottrade made the real money. Have no idea where Monday takes us so really couldn't hold over weekend. In the old days (two years ago) I'd hold over a weekend and not lose sleep. But when this puppy goes from $31 to $15 in four days of trading its to risky to hold over the weekend. Lost money today, but maybe my Redskins win on Sunday. Go RG3

      • I don't get why some people get in now for an event happening in a month+. This POS could do a reverse split by then. I hate to admit it but I do make a little dough off these guys. I go long into the close and then sell the pop 10 minutes into AH. I'm not sure if this pattern will hold but it has clockwork.

        Sentiment: Strong Sell

      • jondow69 Jan 4, 2013 4:06 PM Flag

        hey ceasar, what was your entry pt? what was your exit pt? and how wide was your stop? if it was less than 50 cents with this product, you really shouldn't bet on it! you need at least a 50 cent stop, w/o that margin, your wasting your time gambling with this junk. i still think it hits 15.80 a/h's! jmo and do your own DD. just an observation.

        Sentiment: Strong Sell

16.76-0.03(-0.18%)May 5 4:00 PMEDT