8/15/17 After hours update: They drove UVXY "slightly" higher in the after hours so I'm going to tone down my "aggressiveness" on overall market shorts and not even place a trade with an open limit in the VIX or SPY. It depends on what UVXY is trading for in premarket trading. If it is up you may as well take the day off. That's what I will do. So I will update this tomorrow in the AM but I would definitely just lower the limit entry on UVXY down to $29 from the current 29.50. I will be looking to short the SPY but it will need to trade thru at least 247.30...ish. :-) I don't think you will get kilt by buying UVXY at $29 even if they decide to take out "final" highs that still need to get taken out in SPY. UVXY would "likely" fall to a new 52 week low if that happens. I'm going to ass-oom the VIX sees sub $10 one more time. If it rallies now tho...UVXY pays you 57.689655%...to be eggzact!... from the $29 area. Upvote this spew to $25 and I'll give you the numba teh SPY has to see for the market to top out...at a level that is lower than the previous high. I'll take cash too...and credit cards. Just get me to $25. Got shit you would normally throw out? Let me know...I might take it! :O

Here she is peeps...the sexy VIXen that is just itchin to steal your wallet

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=uvxy&x=58&y=21&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11