Replies to post #2788 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[ThoroughBread]

finalal buy today at 6.20. think we going to get a correction soon

[eric4x]

Sell limit raised to $8.00. Also buying today.*

There seems to be a consensus here that UVXY will be shooting up soon. I changed my sell limit to $8.00, and I think I should buy today also. The pre-market high was $6.82, but it has dropped quite a bit since then. I guess I don't have to buy right away, but it's hard to pick a price. Half the money will bring me a profit, (after buying at $6.31), but I don't want to miss out on the other half if I can help it. This will probably reach $8 before it reaches $6.*