Everything is on the chart. The trend has been speeding faster than before since the 20/05/14
Comments
KevinT
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Strange the EFT went down while the SP500 Index itself went higher Friday.
Babar
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its called quatruple witching
LetsBeMillionaire
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all these EFs are really scam. If you see VIX and TVIX/UVXY/VXX...These ETFs are suppose to move parallel with either 2X or 3X of VIX based on description. But it never follows. VIX is up a lot but these ETFs never move or move way lesser than VIX. At least SPY is following SnP that good news. Rarely u will see this kind of behavior with SPY. ETFs are literally SCAM.
Babar
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Try to understand how ETFs are made, first of all it seeks to replicate benchmark based on a single day, and second these ETFs are made with derivatives, and derivatives lose time value fast...those effects are a lot more significant with VIX ETFs...The conclusion is if you want to trade those tickers you dont have to be good but excellent...or just buy the trend! Look at XIV making +50%-60% on a two-three months time frame. I don't call that a scam, maybe you've been on the wrong side of the trade too long
Babar
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BTW here would be a goood time to buy some UVXY IMO
LetsBeMillionaire
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Thanks for your suggestions but UVXY, VXX, TVIX are really difficullt to jusdge when to buy and sell. Huge VIX calls for July has been bought on Friday. Market is at peak so i am sure its good time for ALL these ETFs. agree with u on that.
Babar
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i dont see another alternative but again i am still small because i completely agree with you difficult to judge so risk management for now