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ProShares Ultra VIX Short-Term Fut ETF Message Board

  • mcgiver844 mcgiver844 Feb 14, 2013 11:00 PM Flag

    Like a thief in the night; Dow -200 tomorrow, UVXY $11

    Trying for a repeat: Bought 6500/$9.84 on Monday and sold Tuesday @$10.24. Bought again this afternoon, 6500/$9.74 and hoping for a real pop tomorrow. The ice is getting very thin under every economy right now. Anticipated a pullback by month end but could very well come tomorrow like a thief in the night.

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    • Looks like Asia and Europe both selling off and it will carry through this time to the US market. I don't think investors realize how bad things are in Europe right now, plus it does appears the sequestration might just happen. Tea party Republicans say bring on the cuts to Medicare and Defense and down Deep the Democrats are saying - OK will take a 50% Defense cut any day of the week. Now the question is how will the market react as we get closer to March 1st?

 

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