Seeking Alpha

"Not scared yet," asks a punter, putting up a chart of the VIX (VXX) going back a few years. The...

"Not scared yet," asks a punter, putting up a chart of the VIX (VXX) going back a few years. The "fear index" has sunk to the level from about where it makes a seemingly annual charge higher - yesterday's big move up hardly registers.
Comments (5)
  • I am average,common too, I just like them and the same as you.
    11 Apr 2012, 07:58 AM Reply Like
  • So, are we talking a "High" of 50 or [ OMG] 200?
    Saying it's gonna bust out is one thing,
    but how far?
    11 Apr 2012, 08:49 AM Reply Like
  • Don't try to call a 'top'- anymore than you can try to call a 'bottom'. Simply, is it going up or down? Greed will get you every time. Had you picked up TVIX around 7.50/8.00 last week and sold yesterday around 8.50/9.00- would you not be happy? Realize the extreme (Bottom/Top) was $5.44 and $9.77 within a 7 day trading window. Could anyone actually call it?
    11 Apr 2012, 09:53 AM Reply Like
  • TVIX a train wreck... trades at premium to NAV. Check out UVXY instead...
    26 Apr 2012, 03:30 PM Reply Like
  • Markets hate patterns. Once you identify something this clearly the market loves to break the pattern.
    11 Apr 2012, 02:04 PM Reply Like
DJIA (DIA) S&P 500 (SPY)