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

[risk on]

Because.... There are still plenty of puts being held out there right now. The failure of VXX to plument as it would have earlier this year, given the spy rise, is very telling, and supports what I keep saying , there has been a sea change. The other thing it tells me is spy is getting ready to collapse. This am, VXX and spy both rose together. When a warm air mass collides with a cold air mass,well, ever see the movie " twister"? The recent spy drop will prove a pothole, compared to what's coming. All IMO