WELLLLLL....Japan just announced they are back in recession (Breaking News) the futures are all red......
how do you figure that is going to happen?
Check out Aug 18th and Sept 17th on the SNP...that will give you an idea of what could happen. I have been long for 2 days (Heavy) in TVIX. Added AH....
I'm Long from 5.60...I can't imagine there are many holding from that high level. This is a short term trading vehicle from both directions! I'm sure there are some people here that have account graphs that look like the left side of Everest. I'm sure some longs shorted all the way from 13 to 6.00
Actually,they did wait that long. It got down to .75 at the split to go to 7.50
I'm aware of how this thing is structured...I swing it back and forth. That was just a polite way of
saying MAYBE TOMORROW