I love your "fair and balanced" reporting! This is
the perfect venue for your nighttime charting and I for one, enjoy
it and appreciate it. Thank you MarketGuy.
You nightly post lots of good charts, and appreciate all your
hard work. VXX acts like one of those 3x ETFs as far as it
degrading much faster than most
ETFs. Have watched VXX since it was created,
and when the market goes up, it goes down at lightspeed, but
when the VIX goes up some days 10-20%, the VXX
doesn't go up anywhere near that. So you get the worst
of both worlds with this ETF, it's another hard to trade stinker
like UNG with an added bonus (not) of the 3x ETF
degradation.
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I love your "fair and balanced"
and from....
Posted by Peridot on 13th of Sep 2010 at 08:45 pm
I love your "fair and balanced" reporting! This is the perfect venue for your nighttime charting and I for one, enjoy it and appreciate it. Thank you MarketGuy.
Agree!!...
Posted by saturn6 on 14th of Sep 2010 at 03:52 am
Marketguy - You have become one of my daily 'must read articles'for quality under the hood analysis of the general markets.
Ditto - much appreciated!
Posted by pebs on 13th of Sep 2010 at 08:55 pm
Ditto - much appreciated!
thanks.....just wish I didn't own
Posted by marketguy on 13th of Sep 2010 at 08:54 pm
thanks.....just wish I didn't own it!
I agree about VXX and your charts too
Posted by curtis on 14th of Sep 2010 at 05:30 am
You nightly post lots of good charts, and appreciate all your hard work. VXX acts like one of those 3x ETFs as far as it degrading much faster than most ETFs. Have watched VXX since it was created, and when the market goes up, it goes down at lightspeed, but when the VIX goes up some days 10-20%, the VXX doesn't go up anywhere near that. So you get the worst of both worlds with this ETF, it's another hard to trade stinker like UNG with an added bonus (not) of the 3x ETF degradation.