Some of you are wondering why VXX cannot turn around and go up. there is too much optimism in the market. the market should actually be much lower than where it is, but market intervention by Fed is keeping things at the levels where things are. Unless there is a sizable decrease in the SP500, the pain will continue to eat away VXX.
This is non-sense. You think GOOG will roll over and let YHOO take the search business away from AAPL. By the way, YHOO does not even have a search engine. No way in hell, GOOG will let the deal go to MSFT's Bing. YHOO is dead money. This will be highest level you will see YHOO.