iPath S&P 500 VIX Short-Term Futures ETN (VXX)

[DownWithPumpers]

Europe markets tanked over-night and I guess we're following them lower. Get stopped out of a bunch of stuff during the day today.

I pretty much never buy anything without a stop-loss. I get real moody having a bunch of positions that are under-water.

I've been talking on the SVXY board a bit. Obviously the VXX would/could go up huge if we finally get the correction everyone has been waiting for. I still don't expect it anytime soon, but who knows?

Someday VXX will jump back up 50% or more in the space of a couple days.