BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU

Many on this board should stay away.....

[trader009]

very few people/traders have any idea how HVU works.....

It's quite obvious that if HVU only went up marginally compared to SP500 downside that the SP500 move to the downside was not based on extreme fear in the market.....More of a calculated move to the downside without any sort of fear/panic is what causes muted HVU moves to the upside...

I'm not prepared to go into the metrics of HVU and what it tracks.  The internet is a powerful tool, use it to your advantage when deciding to take a position in these wild and crazy overbought markets......

[rick666]

very interesting; as an example recently whit the geek crisis we were on the upside; as soon as the problem was terminated the fear factor not there and on the downside in two days; monday if they buy the dips hvu will crash; if the china stock market looks very bad or if there is a panic for a good correction whit the earnings season the vix will be higher and hvu will follow; if it is real bad

[MayorRobFord]

Whoa, hey, who's still playing this crud? A pretty good gain today. Guess everyone is staying away, or only seeing their losses reduced?

[mdaffin]

I could have made up my losses on this, but lost my courage and sold way to early. Think they are going to screw down the VIX, so trying HVI.

[MayorRobFord]

Did my taxes for previous years and found out I actually made a little bit of money overall on this junk. But was definitely not worth the stress holding sometimes. Much more reliable plays out there in my opinion, and definitely doesn't suit my trading style. HVI suits better.

[relativenewby1]

Good call on that one - time to sit out on HVU for a couple days until we're back under 3 again for the next run up when China tanks.

[MayorRobFord]

What a joke. Anybody bought HVU late yesterday expecting a further correction?

[mdaffin]

I was born a sucker and bought a few at 3.13 based on the MACD 5 minute. It suggests it will move up, but the S&P had a strong bounce. Its tough to call when the next market correction will occur, so holding small makes me feel I won't miss out while not bankrupting myself while waiting. Was going to buy BIS, but the 30 minute trend said not so fast. End of day has turned green, but I

[mdaffin]

I forgot that the high priestess of markets, Janet Yellen and her merry band of theives, is on stage tomorrow. Worst time to hold this is when the FED speaks (typically). Be afraid in the sense they want to destroy volatility.

[MayorRobFord]

ya, especially when 50% of analysts are saying they expect the first rate hike in September, and the language is more dovish.

[mdaffin]

I detect a conflict - a doveish rate hike. If they are real doveish, more QE and reinflate the markets more. I am begining to doubt if they will ever increase rates - at least above 2 %. They have printed so much debt, that it prevents to return of typical interest rates. Then you get old fools like me playing the VIX instead of Canada Saving Bonds (ok, I would never play with that, but find 3

[MayorRobFord]

i mean 50% expect a rate hike, but the language may be more dovish, sounding more like december for the rate hike, and markets go berserk.