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Post# of 19856
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Market_Fest4

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Market_Fest4

Re: None

Thursday, 06/10/2010 11:05:23 PM

Thursday, June 10, 2010 11:05:23 PM

Post# of 19856
Bigworld,
VXX was so high for the last 3 weeks, I couldn't cover my SDS shorts. Now that the market is rallying, I can cover, but won't bother because my SDS longs have just slipped out of the money and I expect a rally until June expiration.

Do you have any expectation that the current euphoria will evaporate by Monday? I sure need a new low soon. 2 weeks from now is too late.
MF4
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