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Re: gldtimer post# 7221

Thursday, 12/11/2014 8:26:38 PM

Thursday, December 11, 2014 8:26:38 PM

Post# of 39190
Don't think so -- although I think it'll go higher than the guys who spew this contango stuff out on a daily basis, perhaps 4-10x its current price, its impossible for it to ever get back to where it was. I forget the ticket symbol, but there was another fund that tracked the VIX in 2007+ and the most it did was about 400%.

You will lose trying to play 10,000x on something that tracks the VIX