ProShares Short VIX Short Term Futures ETF (SVXY)

[Sgreg]

VIX won't stay over 30. Actually it will go below 20 within a week or 2. Inflation is here however and this is a new market. Forget about VIX at 10 or under. Those days are over. The economy is doing well so the stock market will be ok but there will be swings now. Like there used to be. VIX at 10 is never normal but VIX over 30 isn't either. VIX at around 15 is normal. With a new inflationary environment I think thats what the VIX mean will be for now on. VIX futures had been suppressed for 2 years, an explosion was destined. VIX futures can not sustain these levels though. VIX will cool off and VIX futures will too. I expect VXX to cool off in coming weeks and I actually think SVXY is a good buy right here. Got to have guts though. I'm going to start nibbling.