Replies to post #2080 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[T-R1]

LOL, Russian mafia gonna whack some Cypriots, or whatever you call them. Then they will load their planes with cash and leave

[stingray113]

Couldn't help but nibble a little at $22.52 for XIV.

I sold out at $23.27 this morning, bought back in at $22.52 equal weight, back to 90/10 inverse.

I'll likely go flat for the evening, as I was expecting much more "recovery" today. It will definitely be interesting to see tomorrow how the Cypriots (and Russians) react to the banks reopening. Remember though, the 2 big banks in question are still closed, so we won't likely see the full scope of panic withdrawals until they reopen on Thursday. Also, last I read they still have their ATM limits set until then.