GREY:BTTPF - Post by User
Post by
mdaffinon Aug 27, 2015 6:51pm
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Post# 24057653
We all know the VIX is rigged
We all know the VIX is riggedIt is always rigged for the house, so you should know that before playing.
It used to be buying the inverse was almost a garunteed winner - but apparently, the market manipulators no longer want us doing this.
Just some interesting articles with my interpretations.
https://blogs.barrons.com/focusonfunds/2015/08/24/vix-is-pricing-depression/
GS estimates fair market price for VIX is 19 to 22
https://blogs.barrons.com/stockstowatchtoday/2015/08/27/our-hero-dow-jumps-300-points-stocks-soar/
Predicting S&P 2000 VIX below 20
https://blogs.barrons.com/stockstowatchtoday/2015/08/27/risk-control-funds-may-be-driving-huge-market-swings/
https://blogs.barrons.com/stockstowatchtoday/2015/08/27/risk-control-funds-may-be-driving-huge-market-swings/
HVI traders crushed from fund selling pressure
https://blogs.barrons.com/focusonfunds/2015/06/24/is-the-short-volatility-etf-trade-running-out-of-steam/
Shorting VIX won't be as profitable now.
Patience is a four letter word in my vocabulary. Yellen removed the word and sucker punched me when I was holding HVU. Now JPMorgan talks about increased selling pressure and I am sucker punched holding HVI.