RE: RE: Yikes..... Understandable - I been there & done that several times in Oct-Nov thinking news would retest September 2011 highs. Was wrong a lot and it cost me.
It's easy to get cute with this ETF thinking you can play the 10 pt+/- swings and make out OK. Odds aren't favorable.
I went 100% out of equities when VIX was troughing out in the 17s and went full into HVU between 8-9. Nothing's a sure bet but so far it's proving to be a good enough entry to go long. Overall trend is up rising despite blips like today. GLTA