Big unwind continues in these dangerous products. Market is flat to up and SVXY and XIV are getting hammered heading into the weekend. Firms tightening requirements I hear as well. Gundlach nailed it.
Edited by tommyt, 11 August 2017 - 02:19 PM.
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Posted 11 August 2017 - 02:26 PM
Just posted this on another thread. UVXY up 50 some percent since last the NYSI turned down seven trading days ago.
Posted 11 August 2017 - 02:35 PM
VIX above 15 puts the market in a corrective mode. Question each time is does it reverse and continue the advance or continue to the 25 bear-market level?