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UVXY........ETF that I'm killing it on
Posted on 5/30/13 at 10:59 am
Posted on 5/30/13 at 10:59 am
I've been buying 3000 shares of this at 5.73 the past 2 weeks and selling off at 6.10......
If you are looking for an ETF that plays off volatility and can play as insurance for your portfolio better get in under 6 bucks and wait for the DOW to drop to around 14000s again........
If you are looking for an ETF that plays off volatility and can play as insurance for your portfolio better get in under 6 bucks and wait for the DOW to drop to around 14000s again........
This post was edited on 5/30/13 at 11:01 am
3
Posted on 5/30/13 at 11:01 am to L S Usetheforce
im starting to fall in love with MLPs
Posted on 6/3/13 at 1:53 pm to L S Usetheforce
Great risk analysis ...
Posted on 6/4/13 at 12:05 pm to L S Usetheforce
Can someone explain why the price of UVXY goes up when the markets are down and vice versa? Is this some kind of inverse ETF? How do you know an ETF does this?
Is there an ETF that doesn't have a negative correlation to the market but has high volatility just like UVXY? I am a glass half full kind of guy. I hate betting against something. I'd rather root for something to go up.
Is there an ETF that doesn't have a negative correlation to the market but has high volatility just like UVXY? I am a glass half full kind of guy. I hate betting against something. I'd rather root for something to go up.
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