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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 south...it 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. ...no, 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?!?

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