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  • Chines33
    The bet of the year could be long VXX in a big way over the weekend.
    6/8/12
    Reply (11)
    • 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
    • nedthebull: I hope you're right, but why should we expect fear in the next couple of days?
      6/8/12
    • TruffelPig: VXX is probably tanking until greek elections.
      6/8/12
    • briandiplacido: Which aren't really that far away.
      6/8/12
    • TruffelPig: Next week ;P
      6/8/12
    • briandiplacido: Just sayin'.
      6/8/12
    • TruffelPig: Critical days ahead, yes
      6/8/12
    • 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
    • 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
    • briandiplacido: .....the market, but the psychology of institutional $. That's what runs the show, or so it seems to me sometimes.
      6/8/12
    • phemale60: SO RIGHT! Learned my lesson. Sold 1/2 my position VXX pre-market. Foolish!
      6/11/12