VelocityShares Daily 2x VIX ST ETN (TVIX)

[Learner09]

I"m out of TVIX until middle of March due to some of the shares I sold I had a significant loss on. Long term holds if you can believe that, but I did buy enough lately that I did very well on so I didn't get hurt, just need to be able to offset the gains so I'm looking to trade with other vehicles for now and wti seems to be the baby for now. That and VXX I guess. TVIX does seem to be priced at a close watch/buy right now. If I could buy TVIX right now I think I would wait until I saw the s and p start drifting down again first. Although I was holding a 1000 shares at 8.27 and 1000 at 8.79 that I sold for 12.50. This thing like you know can have huge gaps up and down from one night to the next morning. Today very well could of been a great day to buy. We'll see.