Replies to post #9337 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[ottoman]

that's why I was only considering $1000. and just leave it short forever. lol.

I have a feeling that when no rate hike is announced, market may initially spike, but fall back.

I think the FED will have to sound very hawkish on a December hike.

If they sound too dovish, it will be another confirmation of zero FED credibility, AND reveiling that the FED is scared chitless about this super-crummy global economy. (they must see something coming that the rest of us don't see)

the market is all about looking forward, and September
"kick-the can" non-hike is already baked in mostly.

market probably gonna tread water till December? maybe.

but I'm usually wrong, so.......

;-)