| Log In | Register Now
As proposed in our initial purchase of iPath S&P 500 VIX Short Term Futures (VXX) this is one flawed instrument, much like the double and triple ETFs. I wanted to see how it would act on a volatile day... yesterday the VIX jumped 7%+, and VXX gained just over 2% cheating me out of nearly 5% of return (yesterday alone!) and defeating the whole purpose of this instrument.
Phillip Phillips: Things You Need to Know, His Girlfriend and His Victory at the American Idol [PHOTOS & VIDEO]
Aishwarya Rai To Attend Cannes 2012 Amidst Baby Weight Gain Controversy [PHOTOS]
World’s Largest Pool, The Crystal Lagoon Chile, Wows Guests At San Alfonso Del Mar Resort [PHOTOS]
Top Ten Happiest Countries in the World in 2012 [SLIDESHOW]
Suarez Must be First Victim of PFA Racism Ruling
Are Record-Low Mortgage Rates Hurting The US Housing Market?
Free Edition
TAKE A TOURWe value your privacy. Your email address will not be shared.
