ProShares Trust Ultra VIX Short Term Futures ETFArca
Description
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Last week I warned the market was in process of completing a top which I expected would be tomorrow. Be out of most stocks and equity mutual funds and only in special situations such as RAX & FXC. Can speculate on the pending decline with UVXY (very speculative& highly leveraged)To avoid any confusion, Short the stock market, long UVXY.
Comments
Tyzing
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If you think the top is in then why are you shorting UVXY?
chartsmaster
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Not, site has the button for long, neutral or short, I am negative on market, long on UVXY. I edited my post immediately because I knew there would be confusion. Thanks.