ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[A320CA]

Sting,

5% correction on the S&P is 1474 from here.

I see that as a most likely senario - it's just how fast it happens. I can see the S&P at 1450 by mid-May.

1495 in short order would be good for UVXY, no?

I'm out of my SPXU position today, but I will be looking for an entry again around high 25 or low 26.

BTW, I did add to my EMC long today with profit from SPXU and added 1.5% to a long all equity fund.

You can't be right all the time!