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iPath S&P 500 VIX ST Futures ETN Message Board

  • rock12077 rock12077 Mar 23, 2012 12:55 PM Flag

    ok not gonna see much more downside

    buy and keep buying if it goes to 17..... reasons 1) its way oversold 2) to much complacency out there ie: no fear of a market decline 3) 85% of leading indicators missing the mark 4)china slowing 5) TVIX now trading at NAV so no more overhead pressure to the futures 6) heavily concentrated upward moves in several key stocks propping up the market
    7) Fed ex warns... shows the direction of economic activity...

33.8101-1.5799(-4.46%)3:39 PMEDT