Replies to post #13139 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[tmorr55]

Well...if the VIX stays in the 24s are say we are good to go and do you really see the mkt push much higher? I understand that it can get even more phony, as you say, but how much more phony? How are futures indicating a 12.50 stop, btw? Is it a gap fill issue? My feeling is EU will sell this Asia pump off, let's see. It says the VIX is down, but I believe it was in the upper 23s when UVXY was under 13.00. Look at the VIX chart and see the gap up even though it says it is .59 down atm. It is a gap down from 25+ but I don't believe it was that high at the cash close on Friday.