VelocityShares Daily Inverse VIX Short Term ETN (XIV)

[wz9ytp]

Difference between VMIN and the others it that it plays weeklies while XIV, HVU and all them play monthlies. Compound 4 times more per month gives better returns...

As far as the chart goes, being a derivative of $SPX/$SPY which in themselves are derivatives, I give the chart little credibility. Not even for resistances / tops / bottoms. Last time VIX was this low was in 1993, 4x sub 10 consecutive. We're up to 8 days in a row now; uncharted territory! I do believe we're (SPX/XIV) topping, I'm heavy in TVIX and HVU (Canadian TVIX), but basing these opinions on SPX action...

Next time VIX and Vx_f hits 20+ I'm going all in VMIN. I did get a piece of the action but not enough... if I had only one ticker to play ever, it would be VMIN. The contango on VIX is usually just out of this world!

I will be following your progress, though.

Great weekend!