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Saturday, June 21, 2014 10:44:16 PM
Of course we'll get a correction, 10% or 20% sooner than later. But you don't want to be holding a bag full of TVIX waiting for that event to occur. The decay will ruin you. The speculation you want to make is NOT holding shares of VXX, TVIX, or SVXY but by shorting a leveraged general market bull ETP such as TQQQ.
Oh, laddered TQQQ debit put spreads are amongst my hedges for my TVIX short...
Doc
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