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DownWithPumpers

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Re: wz9ytp post# 29908

Tuesday, 01/17/2017 12:21:02 AM

Tuesday, January 17, 2017 12:21:02 AM

Post# of 39190
I read this when it came out. Very well written.

In 2011 XIV fell from 18.96 to 4.88. During an extended bear market it could have an even larger percentage drop. I'm a big believer in being short volatility, but I wouldn't invest too much in it. Some day it's going to fall 80%, 90% or even more.
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