ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[Montanore]

Glad to hear you made money. Not always easy with UVXY.

I'm sensing a sea change here, though. I will hold because the Fed should have already stepped in and backstopped the markets, and for a long while the big name stocks seemed as if they were only allowed to be green.

I'm wondering if the Illuminati/Fed/Central Bankers want to crash the markets ahead of the election in order to damage Trump's chances.

Trump loves to brag about the stock market going up, but it's not based on any sound economic issues. The economy has been badly damaged. The biggest beneficiaries of the rising market have been the top 1 percent, who own a disproportionate amount of stocks. In other words, Trump is bragging about helping mega billionaires becoming mega mega billionaires. The Fed's money pump has not benefitted the poor or middle class, who are jobless and hurting.

The mega rich can't stand to lose money, so they've either gone short or this downside event is just a blip and the QEs will again resume soon. In which case, you were smart to sell.

Just my 2 cents.