RE:RE:Over 50% dropI agree with Steven. The market is not foreseeing a big correction in the next two months, and it likely won't unti a catalyst emerges. However, historically August has always been a volatile one so if you are already down 30-40% now, you might as well think positively and hold it for August to see what good/bad can happen.
I rather to sell HVU at a loss, when VIX is over 20, than to take the hit now, when it is only 13.
Many of you have pointed out, HVU eroding faster than we would have thought and that it has become a new norm. We need to be patient here and get out fast when the next wave comes.