VelocityShares Daily 2x VIX ST ETN (TVIX)

[idowonder]

Glad I bailed, brent green and wti almost back to 40, looks like this etn is doing what it is designed to do, return to zero and be R/S. The more I work with this shit the more I see the only way to play an etn is wait for R/S let it breath as it may continue up for a short time then short it down to the next R/S. Doesn't seem to matter what else happens all etn's will eventually return to zero and R/S they are designed to do that. CNBC has energy dropping, Bloomberg has it as one of the best preforming in the markets today. Makes you wonder when cnbc looks at their charts, oil going up as they say it was tanking. Idiots. Anyways this may go up soon but I don't hold much hope for that, some numerology types figure tomorrow, or Friday while giving examples of their calculations, others look at the market further out 20 to 22 days and say there is no recession today or in the charts for the near future, wish I could post the link to that one but cannot copy the links so won't post what is said. If I can get a link I will put it here as it is interesting to read, believable?? who knows as I don't think anyone can predict right now. 2100 has also become a possible 2700. Really??

I still watch but am not in right now and don't foresee jumping in anytime soon. But will keep my fingers crossed for those who have remained in.

GL to all. (Damn 3.55 started typing at 3.65)