ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[A320CA]

This is the only way I use this instrument. And I trade it by numerous factors - which when boiled down are nothing but educated hunches. I've done well with UVXY this year.

Currently I'm back at 75% cash on my trading account - 25% short, SPXU mostly.

Still thinking low 1500 (S&P) or even pierce 1500 on a down day by late June. Too much bad news and fluff in this market. 2% growth is good? Top lines being reduced. They havc squeezed as much as they can from margins....so, my educated hunch is we are set up for a
pull back - A REAL ONE - going into the summer.

Just my hunch!