Replies to post #12787 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[creede]

Thanks. Just wish I would have doubled down in the 19's. Would have made the trade a whole lot sweeter.

You might be right but I am not so sure this COVID thing is going to be all bad.

After Obamacare was passed I really thought that would hurt the stock market big time.

Businesses cut the fat and adapted to having more of a "part-time workforce". To my surprise earnings actually went up and businesses grew stronger. That caused the stock market to rise when I was predicting a crash (boy was I wrong)

I think we will be seeing the same thing in 2021.

Almost every business in the country learned how to work remotely. A remote work force is easier to scale and lot less costly. You do not need a massive building anymore. Nor a massive budget for stationary and supplies.

What doesn't kill businesses/capitalism typically makes it stronger.

Just my 2 cents. :-)