Chines33 The bet of the year could be long VXX in a big way over the weekend.
6/8/12
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DettoTheSecond: I shorted VXX on its spike at SPY 126, this puppy is going DOWN big time! Fear in markets is dead when you have infinite bailouts and QEs!
6/8/12
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nedthebull: I hope you're right, but why should we expect fear in the next couple of days?
6/8/12
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TruffelPig: VXX is probably tanking until greek elections.
briandiplacido: As a beginner, it's so odd to me how the market does and doesn't respond to things. On one hand, there is a real "bad news fatigue"...
6/8/12
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briandiplacido: ....and nonplussed response to stuff, but on the other there are those days UVXY does 30%. Key for small player seems to be not figuring...
6/8/12
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briandiplacido: .....the market, but the psychology of institutional $. That's what runs the show, or so it seems to me sometimes.
6/8/12
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phemale60: SO RIGHT! Learned my lesson. Sold 1/2 my position VXX pre-market. Foolish!