VelocityShares Daily 2x VIX ST ETN (TVIX)

[gumbie05]

I think these bastards (PPT) will ramp up the markets leading up to (and certainly afterwards) the BLS Unemployment Report tomorrow morning! Good news will be interpreted as Good News and Bad News will be seen as a guarantee that the Fed will be on Hold next month! The real Question is whether the TVIX can stay above $5.50 with each pump up the markets try to attempt before September/ October! My bet has always been calling for a 10% correction by October! The proof in the pudding is how these POS ETFs react during each RALLY! If they "firm" up with each uptick, in the markets, then it'll mean real (smart) money are finally accumulating a position as a hedge!
- JMHO