ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[mrPiNK]

Very good point. Its a trade, not an investment. I read a good article today about how the only thing pushing the stock market higher is the Momo players. They don't care about anything but momentum. The SmartMoney began exiting two weeks ago. That is some of the volatility you saw. Low volume on the buying all day and heavy volume on the selling last 10 minutes. That tells me we should see some correction early next week. As such, I went in all the way on this baby this afternoon. Only thing that can happen over a weekend are politics and global events that can hurt the market, not help it. I may get bit but I'm playing the odds and the odds are we are very close to a correction. GLTA. This pig is Oversold and I'm in.