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GMOTruths
Aug 12, 2015 1:50 PM
VXX — Short
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AMEX:VXX
iPath Series B S&P 500 VIX Short-Term Futures ETN
Arca
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Aug 12, 2015 1:50 PM
Backwardation means eventually it'll come down. So I'm shorting it on this bounce up, even though it's the opposite of what everyone else is suggesting.
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GMOTruths
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Aug 14, 2015 3:39 PM
Still more room to come down.
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