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  • Perkins Cove
    UVXY @ 5.00 is still not a safe level, given contango. While VIX may level off @ 15, the undertow from contango is strong. Right Josh K...?
    8/17/12
    Reply (5)
    • Perkins Cove: With the VIX flat, its time to go to plan B (backup trading plan), and let the VIX derivatives decay....IMO
      8/17/12
    • realornot: The entire market is no longer safe as it is approaching to peak out! UVXY will rise ahead.
      8/17/12
    • det9: I am going to stick with Real on this..
      8/17/12
    • Perkins Cove: I understand det9. Good luck.
      8/17/12
    • briandiplacido: Started nibbling @ $5.
      8/17/12