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

vix over 30 is unsustainable

[starman1975]

sell

[ROIcrusader]

Unsustainable over the long term, yes. But I believe we will see much more hurt in the short term, vix 40 has happened twice since vix 60 in 2008. Remember those days, market opens in the red 4%, ends the day down 8% every day for weeks? I remember. GLTA

[starman1975]

I have to admit I sold too early today. ViX looks unstoppable near term. 

[blackwolf25]

One can never sell this one too soon or too fast. #Take profit.

[ROIcrusader]

YOu know how I know you're right? I've been buying HVU call options on and off for a year and felt so much pain I stopped. Dow currently nearing 1k to the downside, macro forces at work here, I expect to see more down days in the near future.

[oceaneleven]

Congrats to the big money pay out today...I wasn't able to play in casino today...see what goes tomorrow but I think we have another BLACK FRIDAY event and take each day as it comes...when all is trying to calm the nmarkets telling everyone to take advantage of this sell off, you know their jobs are at risk...some of these companies eg. Manulife, Sunlife etc are sendin g emails to their

[driller1a]

On and off this monster for 7k profit today but sh@tting my pants the whole time. This bad boy is the crack cocaine of trading stocks. Safely in cash now. Whomever has the balls to hold this over night I hope it gaps up to $50-$60 for you. But, get the heck off as soon as you can.