VIX could double or triple and this could be down substantially. Crazy to be buying here.
GREAT CALL !
if you added at the open like i did, you already made 2% off it.
when there wasnt a bank run in europe, you should have known this would blow over and bernacke is coming around again to say he's not killing qe anytime soon. i'm thinking back over 90 wed.
mm: "VIX could double or triple and this could be down substantially. Crazy to be buying here."
April futures up 4.5% as I type. That's the only # that will affect VXX/SVXY etc today.
SVXY certainly will fall. Bidding 85.70 as I type. Down ~ $5.50. Not the blood bath you predicted. Just pre-market numbers, but a good indication.
You're numbers are way way off.
Gotta go. The pall bearers are outside. But don't bogard that joint. It'll help pass the time in my casket until I'm dug up when this "crisis" blows over...