ProShares Ultra VIX Short-Term Fut ETF Message Board

Market will sell off into close and Vxx will be green. Futures expiration date today and things look very bleak in Europe, China and now U.S. with bombings and May coming up - which is typically not a good month for stocks. Thinking Vxx could be around $35 plus a share at the end of April.

Hard to pick the right time to go long but I think its now. Looking forward I don't like what I see in May and June. Instability in Washington DC, Europe and now China. North Korea not backing down and who knows where the next bombing will take place. London has a huge marathon scheduled for next week - wonder if that should be cancelled. Market in my opinion is way a head of itself and May as we know is usually not a good month to stocks.

Guess we have to jump 20% to get a few more posters here. I mean DZZ and maybe GLL are the best "shot gold" ETF's around yet this board sleeps on. Oh well - maybe people wake up when gold drops below $1000 an ounce.

on any slight uptick (in a falling gold correction). Shorting GLD now is the right play but better yet just buy DZZ and watch it triple over the next few weeks/month. Mother of all gold corrections has started.

"What we now see is panic selling, perhaps triggered by the Fed's stimulus view. The Fed has given the signal that there's a possibility to reduce QE and that took a lot of trust out of gold," said Dominic Schnider, analyst at UBS Wealth Management.s "As the Fed becomes less reflationary and ECB not willing to end its deflationary policy, the balance towards inflation is shifting dramatically. And people recognise that in an environment where you have no inflation is a powerful driver to get out of the metal now."

While policy doves currently hold sway over Chairman Ben Bernanke and the majority of Fed policymakers, minutes from last month's policy meeting suggest the quantitative easing programme could draw to a close by year end, earlier than some economists had expected. Thus the Gold correction kicks in and it could be a very long ride down, probably below the 400 an ounce level.

Wow, the number keeps jrising. Come Monday morning Cyprus could dump over a billion in gold on world markets already petrified of a massive gold correction. And just think what is going on behind closed doors of other countries. You got it - they also are dumping gold as fast as they can.

Gold prices in India have significantly dropped, marked by the end of the fiscal year. As a result, growth of assets under management for gold exchange traded funds in India have dropped 18%.“ Relative economic tightness on account of slowdown has also led to a decline in net gold consumption,” said Chirag Mehta, of Quantum Asset Management Company, in a Reuters report. Gold is expected to fall further in India.

“People are now very skeptical to put their money in gold as prices are likely to come down by another 12%-18% in coming weeks due to signs of improvement in [the] U.S. economy,” said Hareesh V., a senior analyst with brokerage Geojit Comtrade Ltd. It appears over the next several months there will be more gold sellers, then buyers and this sell off trend could continue for the next year.

Gold has faced stiff headwinds lately as investors abandon alternative investments to chase record-high stock markets. Probably the most significant has been the major selling hammering the flagship GLD gold ETF. It has suffered such intense differential selling pressure that its custodians have been forced to dump enormous quantities of physical gold. What are the implications of this flood of new supply?

The amount of gold bullion GLD has hemorrhaged recently is amazing. To put it into perspective, earlier this week the rumor that embattled Cyprus may be forced to sell its official gold reserves made news. The Cypriot government owns 13.9 metric tons of gold. But on a single trading day alone in February’s gold capitulation, GLD had to sell 20.8 tonnes! The supply recently added by GLD dwarfs everything else.

Gold has faced stiff headwinds lately as investors abandon alternative investments to chase record-high stock markets. Probably the most significant has been the major selling hammering the flagship GLD gold ETF. It has suffered such intense differential selling pressure that its custodians have been forced to dump enormous quantities of physical gold. What are the implications of this flood of new supply?

The amount of gold bullion GLD has hemorrhaged recently is amazing. To put it into perspective, earlier this week the rumor that embattled Cyprus may be forced to sell its official gold reserves made news. The Cypriot government owns 13.9 metric tons of gold. But on a single trading day alone in February’s gold capitulation, GLD had to sell 20.8 tonnes! The supply recently added by GLD dwarfs everything else.
Gold has faced stiff headwinds lately as investors abandon alternative investments to chase record-high stock markets. Probably the most significant has been the major selling hammering the flagship GLD gold ETF. It has suffered such intense differential selling pressure that its custodians have been forced to dump enormous quantitie

: "No willing buyers seen." And that will be the pattern next week, the rest of April and well into the summer.

Yahoo is in play now. As a stand alone company with a bright future and "push all the right buttons" CEO. Its also a takeover target with big boys like Apple, Microsoft and even FB looking very closely at it. Could be last day to buy under $25 a share today. Thinking maybe $29 to $30 by the end of next week

Sentiment: Strong Buy

on news the North Korea is a non event (as if it was ever), more analysts call for gold correction and U.S Dollar firms. Now the question is where is the bottom $70 or $80 a share?

and you all know its going to carry over into next week and beyond. Add some resolution to the North Korea flare up and DZZ could be flying over $10 a share headed for $20.

See everyone at $141 at close. Could we open at $136 Monday???

I think today sell off (Gold off $50 now) is just a prelude to a major sell off next week. Cyprus opened up a huge can or worms for gold bugs, since its now quite appropriate if not necessary for countries with huge debt to sell off their gold holdings. Don't try to catch a falling knife guys - this thing could be $100 a share before you knew what hit you.

Sequester job cuts coming this spring. summer and fall. Add North Korea crisis for some "spice" and you have a major correction cocktail coming.

Market selling off into open. And everyone knows if we see another market sell off today (after 111 point drop yesterday) a correction trend could be starting. You never know where the bottom is with uvxy, but at 7.70 it might be time to buy hand over fist.

More people filing for unemployment and guess what. Sequester layoffs have not even started. But they soon will with close to one to two million federal workers and private sector workers who contract with government getting laid off. Throw in North Korea crisis and forth coming (Sell in May and go away) and you know have to the perfect time to go long UVXY.

If world financial markets like this news, things are whacky. Japan and South Korea are on edge yet world markets act like nothing is new. That is a mistake since there is a 28 year old nut-job leading North Korea military which means "war" could break out at any time.