I am looking at SPY bottoms and VXX tops since Aug. SPY keeps making higher bottoms, but VXX keeps making higher tops :eek: This can't last forever. How will this misalignment resolve itself?
So you ask a question about buying...and give yourself a pat on the back about it going up? Did you ever open a real money account?
Again: VXX new high, but SPY or QQQ both made higher lows Whoever has the best theory on this is gonna get very rich...
How could the theory make one rich? Are you offering a prize? I think I have a theory. I touched upon it sometime ago, when I asked some questions about spreads. The theory however would tell you that what you noted is the rule. and not the exception, for what has been happening in the market in this latest down leg.
The ETF's represent stock indexes, the VXX volatility. Other than stocks tend to take the stairs going up and the elevator going down, they're apples and oranges.