RE: RE: RE: RE: RE: RE: RE: End of Week Hhatred, HVU lagged on the S&P's rise though. It should be at around $6.50 for how high S&P is but it's lagging about 5%. This lag will come out as the S&P drops. When S&P hits 1575-1580 the VIX/HVU will begin correlating with S&P moves more accurately.
This lag is because there has been huge buying in the VIX for insurance against the S&P's top. Shows the reversal is in full process.
@ItWas. Positioning doesn't get any better. You're supposed to buy low, sell high. HVU is low, and everyone is bearish on HVU bullish on the markets. There's no buyers of S&P left. Correction to occur in S&P, and the leftover money on the sidelines will head over to commodities. The market will realize we're in a currency crisis and the moderate inflation hedge of the stock market is not nearly as effective as commodities for an inflation hedge.