Originally Posted by
boneil
We might get ourselves a flash crash tomorrow am.
There are some vix etfs going crazy in the after hours market. I'm not sure how to exactly describe the situation, but funds have been using different leveraged etfs to short volatility and those etfs are blowing up. There's going to be forced buying of the vix and vxx, and forced selling of others which will pressure the markets. Plus some of these etfs, will be terminated. So I think if you were long some of these things, your money is going to be gone.
Maybe the Fed will step in tonight.......