VelocityShares Daily 2x VIX ST ETN (TVIX)

[gldtimer]

Launch Date Pushed Up to Friday...

Estimate is now that launch will occur 10/3/2014, or T minus 4.

The last launch lasted one day as the rocket exploded on the pad the following day. Oh well, NASA has blew up plenty of rockets in their day too--but not any more--since space has been privatized. If at first you don't succeed you lick your wounds and try again. Where is the joy in celebrating if you haven't experienced setbacks.

Anyway, the conditions for the launch coming up are much more favorable since the economy has moved from boarderline spring/summer phase in Feb. to a full fledged winter market environment today.

At the launch I will have a full position of TVIX and not sell a share until the 21,42,0 turns negative.