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Bill Luby sees BUY SIGNAL for TVIX.*

	eric4x			Tuesday, July 03, 2012 5:06:10 AM
	Re: None			Post # of 5868

Bill Luby sees BUY SIGNAL for TVIX.*

http://etfdailynews.com/2012/07/02/chart-of-the-week-vix-reversal-signal-coming-soon-vxx-vxz-tvix/

"With the VIX in the low 17s as I type this, bulls and bears alike should be on the lookout for signs of a bottom forming in the VIX – and be prepared to position their portfolios accordingly."*

This is the man who constantly bashed TVIX throughout February. Now he says it might be time to buy. I find that significant.*

For comparison to the present article, see my past comments on Bill Luby:

"More naysayer advice from Bill Luby."*

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72359944

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72009873

P.S. After looking at his chart, I don't see why now should be any better than the end of March.*

A small gain is better than a big loss.*

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