Barker

Interesting strength in the VXX w/ the S&P moving to new highs.

AMEX:VXX   BARCLAYS BANK PLC/BARCLAYS US CCP IPATH SER B S&P 500 VIX SHORT TERM FUTUR
112 views
3

Comments

hi Barker - what do you think of VXX now? I have a feeling market will crash next week...not seeing strength now to hold this level also QE is almost finishing in Oct so no more big catalyst seeing to pull market up after Oct i guess.
Reply
Barker LetsBeMillionaire
I'm not seeing any reason for the markets to crash. I sold my VXX position yesterday as we spiked to 29. I am buying back in today but only a 1/3 position.

The only reason I am holding VXX shares is as a hedge against my long positions. I do think VXX will be trading in the 30's though within the next couple weeks.
Reply
i believe you re still IN. i am going to buy in the money calls for Sep/Oct 25-26 C. Waiting for little weakness.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out