May be it's time to quit. UVXY is not the problem.
The poor jobs report demanded a huge market selloff and the VIX to close on a high. Something is terribly wrong. I'm at the point to believe to go to 100% cash. This is nonsense, no logic, inconsistent. Computers must be running the show. Something just ain't right. All the right decisions of past experience are the wrong decisions. Very unsettling. Very confusing. Now, I am nervous about our entire economy. With all my experience, there is no way that the market would only be -40 on the DOW with the bad jobs report and the world's situations. Time to invest differently. This market doesn't share in reality, and I can't share in it's insanity, anymore. Good luck everyone. The market is being run by lunatics, don't let them make you crazy. Good-bye
VIXY/UVXY were designed to screw retail investors. Yes markets are run by lunatics, Eurozone, Japan, UK no different. I believe there is much more to propping up the stock market than just finance and profits. Seems the wonderful Western status quo has something a lot nastier in mind for the general public than just screwing them financially. No idea exactly what that might be but 2008/09 will seem like a day at the park in comparison. Good luck.