The FED's balance sheet is 4 trillion dollars..........where do you think it is?
See you in the 20s
These volatility ETFs and ETNs are ALL designed to go to ZERO.
It says so right in the prospectus.
There will be a LOT of FOOLS losing a fortune in these vehicles......UVXY....VXX...VIIX....TVIX
That's a pipe dream, sport.
Read the prospectus on this ETN.........it's designed to go to ZERO.....it says so right in the prospectus.
This ETN will never see the old days of going way up.
The greatest trade in this is to go short on any rally......because none of the rallies in this ETN will every last.
The 30s are coming back quickly.
Big money is easing out of this ETF today......so the bottom doesn't fall out......but look out into the close.
China doesn't matter sport. We only export about 6% of our goods to China.
Right now, this selloff is strictly based on FEAR.......and nothing else........irrational FEAR.
You DOPE.......Bush had ZERO to do with forbidding short selling back in 2009.
Get an education you MORON.
The FED called that shot.......and short selling of financial institutions was banned........and then, IBM, CAT, GM, GE, and a host of other companies, totaling around 146 if I remember correctly, filed charters to become banks, and they couldn't be shorted either.
You're an IDIOT who doesn't know what you're talking about.
LOL, sport. Following your thesis, you should be BUYING every stock you can........because Cramer,
Piper Jaffray, the Fast Money gang, Gartman, El-Arian, Marc Faber, and virtually 90% of the analysts and hedge fund guys that come on CNBC are ALL saying that the market is going MUCH LOWER.......
........therefore, according to your thesis, you should be BUYING EVERYTHING, you MORON.
Where did you get your crystal ball, sport?
Buy it on Ebay?
You have no idea what's going to happen with the UVXY next week, next month or next year.
But I will give you a clue.......all of these type of ETFs and ETNs are designed to go to ZERO.
Forward P/E over 100x is insane.
This stock is worth $70 tops.
How do you know what I've done, sport?
Are you looking over my shoulder as I trade?.......NOPE.
LOL...sport. I DID buy PUTS, AND SHORTED this bloated stock this morning, when it was positive right after the opening.......
........and I've made more today in this bloated PIG than you will make in the next 3 years.
And THAT is a fact.
Almost 6 digits, sport.......and THAT is a fact.......in ONE day.
The perfect storm is forming......and this market is going to get hammered.
You heard it here first. Don't say you weren't warned.
The U.S. could become like Greece in an instant.......and everyone is ignoring it.
Just watch and see.....it's something out of left field that will absolutely hammer this market....and this stock.
Investors are leveraged to the hilt, and the VIX is getting buried.
Just wait fools.......there is a day of reckoning coming......and it won't be pretty to be long in this market.
LOL....that was said "tongue in cheek".
It won't be just the dollar. The commodity market is crashing and the stock market is going UP......that is VERY VERY RARE......and WON'T last.
On top of that, this stock is just plain and simply ridiculously overvalued.
It's a MOMO play and nothing more.
SKX, NKE, UA, FL, FINL, LULU, ........You'd think they just invented footwear last month.
You long fools are going to get destroyed.
....and ALL of you pom pom shaking MORONs will lose everything.
I've seen it happen hundreds of times.
I've got OCT PUTS in this POS.......and I will be making some serious money on those PUTS.
.....And the FED can't hold this market up forever.
Watch and learn, rookies.