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ProShares Ultra VIX Short-Term Futures Message Board

  • king_phisher123 king_phisher123 May 29, 2013 5:49 PM Flag

    if US markets doesn't march upwards...

    'every single day' like it has been for god knows how many consecutively...and takes a day or 2 must mean a correction is coming and UVXY about to shoot to the MMMooooOOOoNNNNNNnnn.

    markets 'must' rise everyday to prove to me that we are not going to collapse., I'm not an extremist.

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    • Markets don't go one direction all the time. Corrections in asset valuation are not only necessary, but healthy. If a trend goes too long in any one direction the correction (when it finally occurs) can be devastating. The S&P has gone straight up since mid-November without a 5% pullback. It's overdue. Who is willing to buy stocks at all-time highs?!?

27.46-4.69(-14.59%)Jul 28 5:10 PMEDT