What a ride! I'm not use to this ETF so after averaging down to $9.00 and taking some small losses I'm happy to say I was stoped out at $12 ... WOW, I thought with the SPX flat on it's lows that this wouldn't move that much more than $11.50 but I guess it's the fear hedge going into the weekend.
Good way to protect your portfolio if you"ve been long for the past 6 weeks