VelocityShares Daily 2x VIX ST ETN (TVIX)

[gumbie05]

Here's what I've been saying for the past six weeks....the CBs (Central Bankers) are in desperation mode to juice the market as high as possible before the next recession! As with the best laid plans of men, soon they'll be introduced to the reality called..."gravity"!

My post a couple weeks ago;

"Re: Slyder009 Post# 15733
FYI- No Rate "Hike" this year!!! At this point there are only two possible outcomes:

1. The market has come up too fast- too soon from last month's sell off ("correction") and you get a pull back to give you one last chance to GET OUT of the TVIX's in the $8-$10 range...This scenario assumes that the markets WILL make new Highs by year end!!

or

2. The pending "recession" becomes obvious to most and the market fails to make new highs!! The FEd doesn't raise rates but instead tries to stem the slide by going "all in" under a QE4!!
- JMHO"