Buying the dip in the VIX (VXX -8.2%) is MKM Partners' Jim Strugger, who says we're...

Buying the dip in the VIX (VXX -8.2%) is MKM Partners' Jim Strugger, who says we're still in the midst of a 5.5 year cycle of elevated market volatility which began in 2008. He expects one last "high-magnitude" event in the next few months.
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Comments (9)
  • bbro
    , contributor
    Comments (11237) | Send Message
    After the outperformance of the VXX and particularly TVIX in 2011 some got badly hosed in 2012.....
    2 Jan 2013, 11:58 AM Reply Like
  • lovermann
    , contributor
    Comments (186) | Send Message
    high magn. event. what do you mean?what kind of event do you think will be happening? crash or soar?
    2 Jan 2013, 12:15 PM Reply Like
  • MarcJoli
    , contributor
    Comments (85) | Send Message
    it is foolish to buy any VIX based ETN or ETF on this dip as is suggested by this Market Current. Read the article: Jim Strugger did not say that he is buying this dip!! The timing is not right. it can go down quite a bit more before it ramps up to another "high magnitude" event. A wise investor or trader will not listen to this headline but would look at a chart of VXX and start buying only if and when it re-establishes an uptrend. The December uptrend is severely broken at the moment.
    2 Jan 2013, 12:17 PM Reply Like
  • barrry
    , contributor
    Comments (56) | Send Message
    This is the biggest Sucker Rally that I have ever seen! It's 2008 all over again, buy the VIX dips, stay strong and long! When the s..t hits the fan there will be no cover! A 30 percent drop in the next 60 days is very likely especially when the U.S. debt ceiling is reached!
    Good luck to all, patience is all that is required!
    2 Jan 2013, 12:44 PM Reply Like
    , contributor
    Comments (217) | Send Message
    i believe we can count on the tea party to cause another big drop in the market over the DEBT CEILING...obama is not going to cave this time...obama may let them shut the government down to show how STUPID the republicans really are..
    2 Jan 2013, 12:58 PM Reply Like
  • Managing
    , contributor
    Comments (314) | Send Message
    These derivative ETN and ETF products are dogs. Only suitable for day trading.
    So what on the call of a "high magnitude" event? In other news: "water is wet." No actionable items here.
    2 Jan 2013, 02:54 PM Reply Like
  • novamack
    , contributor
    Comments (3) | Send Message
    by the dips, I think this is a sucker rally also, poorly run gov.
    2 Jan 2013, 06:15 PM Reply Like
  • adijoe
    , contributor
    Comments (3) | Send Message
    class action suit to come?
    2 Jan 2013, 06:31 PM Reply Like
  • Laurent1962
    , contributor
    Comments (100) | Send Message
    The only sure Winner with VXX is Barclays .....
    5 Jan 2013, 12:16 AM Reply Like
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