VelocityShares Daily 2x VIX ST ETN (TVIX)

[gumbie05]

Agreed! Any "bounce" in the "markets" from these levels and you can see the TVIX drop into the low $7s in just one trading day....sold most of my remaining position in the $8.80s! What little I have left will most likely be Stopped out in any bounce, in the "markets", from these levels!!! The Fed (and CPs) have a vested interest in the "markets" holding steady when (IF) they announce the first rate hike in EIGHT YEARS!!
- JMHO