Replies to post #1324 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[stingray113]

Yes, UVXY could be a very good buy at $11, but not likely at this time. I think the best way to look at UVXY is to be more concerned with WHEN is a good time to buy, rather than at what price. This fund can double in days and revert even quicker. I don't think that the TIME to buy is now. It's coming, likely sooner rather than later, just not likely yet.

Keep watching for now, you'll know when its time to buy. And don't be afraid of missing the peak either. Worst case scenario you can ride SVXY back up as volatility normalizes.