Replies to post #238361 on SPDR S&P 500 (SPY)

[d5wr59mfi8]

Thanks for brining this up, I'll be buying TVIX on Monday. Even if the price goes down the lowest it's been is 15.xx and it's only a matter of time before it's at least over $100.

I guess it was built specifically for hedging, which even $1500 would protect my entire 401k in the event of something, it's pretty brilliant, if you can sell them, but there's always someone wanting to short.

Now this is something I can believe in averaging down as there's always volitility spikes, although it may take a while.

The question is, will the market come back to what it was or is this the start. I guess I can always add more later when the price drops as it surly will.