Do Not Be FooledThe first parabolic always comes back. Moving well up above prior close with plus 10% are easy moves for HVU. Breaking out requires 25% to shake up market and produce the catalust to drive for a 50% -100% return.
I did not resist selling at $17.73 and blew it re-buying 4% fall off day high $17.88 at $17.08. Below aomewhere $17 required patience.
Fully invested but still think volatility until we get to $19.32 the 25% breakout confirmation off yer low UVXY $19,46..
If Europe and Asia weaken US cannot carry the load on it's market bubble high. Overs horrt does not occur and we see the 100% return. Canadian consumer debt is $2 trillion, highest ever, and debt of $1.67 for every dollar of disposable income. Yikes!!! and US is far worse!!!
GLTA, may you see a 125% - 200% gain in 2017 on Vix trade, definitely doable. Cheers Manxcan