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iPath S&P 500 VIX Short Term Futures ETN T.VXX



TSX:VXX - Post by User

Post by guido1968on Oct 28, 2011 8:33am
277 Views
Post# 19189101

S&P 500....my bet back to 1255ish

S&P 500....my bet back to 1255ishconsequently sending VXX back towards $38ish and as high as $39-$39.50 intraday. Looks to me that yesterday market move was a little result of EU and US GDP mostly.

News this morning is not quite as good as yesterday and looks to me that day traders will most probably pull profits which will completely reverse yesterdays gains.

I'm playing friday market as a 1.5%-1.75% pullback, specifically S&P 500 and will judge my VXX sell on intraday spike as this is very volatile play.
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