Replies to post #9666 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[DowDeva]

Hi Swampdude,

Thanks for your reply.

Not even looking to go long until big decline comes close. However, how to time it is always the key. Livingstone said he went broke four times calling the market correctly.

Shorting on spikes seems like a very good way to go for now. Bill Luby from vixandmore.blogspot.com talks about that quite a bit. I am even considering subscribing to his service.

Thanks again, to you and everyone here.

Swampdude? Interesting handle. Are you in Louisiana or Florida?

~D

[Marketwise]

Free fall or at least significant correction mode and one is long over due now. Would be a perfect time to get a much needed one underway. That would push this doggie higher for a few weeks, however, who knows if this current market has enough sense for such a thing?...lol.