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iPath S&P 500 VIX ST Futures ETN Message Board

  • lidmeyers lidmeyers Jun 1, 2011 4:04 PM Flag

    Holy cow

    Lol. I made some money on TVIX, lol. 10,000 at $19.46 but I never expected it to do this. Tomorrow will be really really interesting. After such a huge drop today and massive selling into the close I just can't see how the market doesn't go down tomorrow, even slightly, with this much downside momentum, it has to head down.

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    • Don't count on it. Bargain hunters far and wide will probably pour in along with Greece getting the bailout sometime in the next 12 hours which will sink the dollar and news networks will pump. I see a 100 point or more up day tomorrow. Be careful, this market is much more resilient than u you might anticipate.

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