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re: 2 small bombs kill 3 people and the vix shoots up?

Posted on 4/15/13 at 3:21 pm to
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 4/15/13 at 3:21 pm to
I have a friend who has a position in UVXY and i told him to cash out for so long bc those erode so hard over time, and he came back and texted me jumping for joy how his inverse ETF shot up 30% after the bombing.....never seen anyone so happy to see a tragic event
Posted by C
Houston
Member since Dec 2007
27832 posts
Posted on 4/15/13 at 3:29 pm to
quote:

never seen anyone so happy to see a tragic event


I think it's best to ignore the indirect relationship between the two.
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