VelocityShares Daily 2x VIX ST ETN (TVIX)

[gumbie05]

This has been the easiest play (trade) in the last six months:

Market rallies into a Fed meeting. Shorts think that it's a "Sell the news moment"...on the day of the announcement - but the market actually rips higher- killing the Shorts! The next day or two the market gives up ALL the euphoria from the announcement and then begins its next leg down.
The trade: Buy TVIX in the mid $5.50s and hold for two to three weeks and make a double!
- JMHO