Replies to post #4354 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[JDUser1963]

I believe the market will crash one week after Congress reconvenes. People will lose confidence and start transfering money out of 401k's and that causes problems for firm leverage. Domino effect which grows exponentially. To me the safest low will be 1st week of September. False front week. People will be on edge, but wait for the Feds to make a move. Feds are stalemated, they can't even get the US out of Sequestration. Nothing is done about the low % interest rate, they try to kick the can, but it's against the wall. JC Penny Chap 11, Detroit Chap 11-100, more city's Like Delaware to follow, Apple takes a hit, over condo building drives prices down and GC's can't meet the borrow or break even, market flooded with property again and Senator Corker and his new F&F revamp is throw into the gallows. I see Wallmart purchases as the canary in the mine. Forget about the Hindenberg effect, the reality is look out the side car window as you drive. Wat's going up? Banks, BJ's and Condos. Doesn't take a genious to see that we have a brick wall ahead. It hits this fall and for the same reason it did in the beginning the Federal Government. They caused the first crisis and they will cause the next one.

[DrContango]

According to the "know-it-alls," there is no way to predict when UVXY will go up, because presumably, there is no way to predict when the market will go down.*