Replies to post #3141 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[Leomessi77]

Wait it will go down soon

[Globaltrnr]

Has little to do with the DOW, Read Doc's and Stingray's posts on how this trades. If you are not well versed in this you can go broke - Do some DD.

[gw323]

If you look at a long term chart of the S&P the VIX was increasing as the S&P was increasing at the top of the 2007 Market. I'm not saying this is the top in the market, but when the VIX is rising there is obvious puts being bought by the Big Boys to hedge their current positions.