Replies to post #3591 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[deadjim]

Just lock gains in.. Play in the direction , not necessarily sit on it for too long.

Honestly I see bigger than a 20% crash coming but I've been on the wrong side before and it's NOT fun !!

[Globaltrnr]

I wouldnt play either of them long, the decay will kill you. best way to play those is to wait for the spike and then do puts or go short - both are designed to go to $0.00 and playing the downside is easier then trying to predict the spikes. JMO

[T-R1]

That's what "long term" bag holders from 1+ year ago thought. I bet you there are people who are still holding.