Just trying to prove you have no skin in the game! A simple 50K wager of play money should be no problem, unless you're a guppy. Now let your mom use the computer and go make me a sammich.
I will match any amount you care to wager that VXX will print 55.55 in 2014. Since you just said if ever there was a time to short UVXY I'm sure you're happy to take this bet.
Too bad we don't have a bank vault where we can put your trade RIGHT NOW and then open it to see how much you lost. You said short UVXY heavy at 76.50, let's see what happens. When it's 100 I think you're going to refuse to own it.
So you won't take the bet, thanks for clarifying.
I think you are not worried in part because your position may be fictitious.
I figured from your other Soros message you were long VXX. Here's what I am thinking. We are very overdue for a 10% correction in the S&P which has not happened in like forever. There have only been 2 10% corrections since VXX has begun trading. In each one, VXX doubled. So I expect that VXX will double in a month or less *at some point* in 2014. Now when does it start? Did it already start? Does it start next week, or next month, we cannot know.
What do you think about VXX hitting at least 80 this year, I am pretty confident. If I were VXX long I'd be a little worried they haven't closed this over 48 on this Ukraine nonsense which they have tried twice now, but maybe they do it by today's close.
Funny thing about China I also had a Chinese meal recently where my fortune said 55.55, which to me means VXX will hit 55.55 and that is a minimum target.
The train keeps a rolling. Just relentless, always trying to beat it down and they cannot do it.
That's why he never posts actual trades. If you read between the lines based on when he posts he has not done well.
What does Tuesday have to do with it? You talking about VIX roll? If you think this is just another mini spike, man look at those November VXX calls. The 95 are going for $4 and even the 105 are 3.50 if you were looking to sell calls. I think this is a real correction coming though.
You hit it on the head- lot of lying a_s dogs here. Notice King never posts when he buys puts and what he paid? It's because he's not making money doing that. His "rules" should have had him loading weekly puts on yesterday's spike.
I say VXX is going to hit at least 50 next week and maybe 55.55 which is my magic Chinese fortune cookie number. What do you think about 55.55?