thanks. I don't think those ETNs are much of an indicator of anything --- anything but a lot of people losing money. VXX has gone straight down since inception -- must have made a lot of shorts very rich stockcharts.com/c-sc/sc?chart=VXX,uu[1380,650]dacayiay[d900][pb200!b50!b21] stockcharts.com/c-sc/sc?chart=VXX,uu[1380,650]wacayiay[d900][pb200!b50!b21]