The only thing that worries me about this product is contango. I do like the fact that the forward vix is rolling into May at $14 - the last couple of months when the market was 6-7% lower she was rolling over at $15+
so here we are at 1600 s/p and 14 vix - risk vs reward is much better now- 10% downside and as much as 100% upside - even 50% to a 21 vix is possible on any real pullback of 8% in the market
I called it two days ago we were going to hit.
I think you may be entering at a good point.
11AM Sun EST is when I suspecta ctivity in North Korea.
Could possibly open in the 7s Mon
mgftzgd • Apr 10, 2013 5:48 PM Flag0
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Reply will hit $6.25 before any rebound IMO.
This is based on Jan 23 and Feb 19 lows and extrapolating
Didn't think this market had the legs it has after ISM and payrolls
Unfortunately I am in for 10000 @ $7.01
Any thoughts on long this bull can go.
It has to be funds from Japan and Europe fueling this.
When does this liquidity bubble become old news? Less