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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (18070)	4/1/2016 12:39:22 AM
From: Davy Crockett	Respond to of 33421

You are right obviously OX. Kudos... FWIW I got stopped out for most of my position (but not all) on VXX (sans UVXY)

To: The Ox who wrote (18070)

4/20/2016 1:57:50 PM

From: The Ox

1 Recommendation

Recommended By
John Pitera

Read Replies (1) | Respond to of 33421

Message #18070 from The Ox at 3/30/2016 9:31:00 AM

VXX all the way back to test the Nov/Dec lows....short term they may hold but I expect lower numbers over the next few days/weeks......

VXX recent history might suggest that the lows on this run will be around $12 or $13 and that the ETF will do a reverse split in that area of 4 to 1. The fall spike in 2014 dropped 58% over the next few quarters. Maybe the February 2016 spike will lead to a similar low a few months down the road, seeing as it's already down nearly 50%.