Replies to post #71 on ProShares Short VIX Short Term Futures ETF (SVXY)

[eric4x]

SOLD XIV, ALL-IN SVXY, more next month.*

I logged in to my account again Tuesday afternoon, and saw that SVXY was trading. There was still a hold on XIV. So I bought SVXY with the remaining cash for $11.525, at 2:51:30 pm.*

After I bought the SVXY, then I saw that the hold was off of XIV, so I sold it for $7.85 at 3:05:58 pm.*

Then I bought more SVXY for $11.70 at 3:16:03 pm. After this I looked at the home page again and saw that the hold was back on to XIV.*

In any case, I will stick with SVXY, as long as it continues to exist. Any time I can put more money into the account, possibly as often as once a month, I will be buying more SVXY.*

If it goes back up to where it was before, this would obviously be a huge gain. Is that "too good to be true?"*
--*
When I say "all-in" this means with all of the money in my trading account, which isn't a lot. I'm not risking my house on this.*