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  • eabyrd
    Never since its inception has VXX been cheaper... Cheap insurance!
    3/20/12
    Reply (14)
    • jdub2788: don't bother.
      3/20/12
    • eabyrd: We're one news headline away... Markets have became complacent and forgetful. I just don't see it able to move much lower.
      3/20/12
    • eabyrd: Most active options today around lunch were SPY puts and VIX calls...
      3/20/12
    • cshanahn12: The only reason people are growning about the VXX is because they prob bought it at 30. I really like the buy here..Forget CONTAGO!
      3/20/12
    • cshanahn12: The only reason people are growning about the VXX is because they prob bought it at 30. I really like the buy here..Forget CONTAGO!
      3/20/12
    • Rubenov: Lunch bears never fail.
      3/20/12
    • eabyrd: Market momentum has be waning since mid-January... When we wake up to a bad headline one morning, owning VXX at $19 will be a blessing!
      3/21/12
    • cshanahn12: Depending on your risk tolorance I'd buy at least 100 shares here and just hold it..Risk/reward is tremendous upside compared to 1,900 loss
      3/21/12
    • cshanahn12: We should reach the debt ceiling by fall, we are already at 15.5 trillion; 16.2 trillion ceiling..UNCERTAINTY in coming!
      3/21/12
    • cshanahn12: 16.4 trillion*
      3/21/12
    • jdub2788: Didnt we have a $200+B monthly deficit. We definitely hitting debt ceiling by Summer IMO. I think it only gets worse.
      3/21/12
    • eabyrd: @12 & jdub - Agree with both of you... Besides the known: China, India, Iran-Israel, high gas, incredible debt/deficit - unknowns lurk...
      3/21/12
    • eabyrd: Who could have predicted the tsunami? Or the Arab "spring" (winter)? The stuff we don't know is why I'm playing VXX...
      3/21/12
    • eabyrd: Lest we forget the end of world is close... something about December? lol. :)
      3/21/12