Replies to post #2889 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[A320CA]

Looks like I'll have to hold past Tuesday, ouch.

Nice call though, I wouldn't doubt it.

Still doesn't get me to 5% down for my sell trigger on SPXU or UVXY. Mid-week, Thursday.

There may be some of the "Sell in May" component that creates a self-fulfilling prophecy. Wednesday is May 1. There has to be a
catalyst. Lots of news this week, could be taken a few different
ways. Betting on volatility and weakness. We are too high, ALL time high on the SPX, really? 2% growth at best? .3% growth in England and they cheer cause it supposed to be -.1%? Numbers saying that China is slowing. Revenue on the companies reporting, 40% beating - usually is 60%.

Still thinking the same pattern, maybe even amplified, from the past few years.