Velocityshares Daily 2X Vix Medium Term (TVIZ)

[gldtimer]

What I'm Doing Today.

First moved 10% out of FXY and into UUP with UUP now being 60% of my currencies and FXY 40%.

Interesting that the LB (TLT) is still not a buy, but SLV if prices hold at current levels is.

If this is a gradual meltdown there will be time to buy as the slope of hope steepens. Look for this weekend to be one of endless soothing words out of the mouths of the ruling global elites and their lackey central banks.

At the close today I'll be 30% in risk-off currencies, 1% in VXX unhedged, and .5% in SLV.

This next week 'could' have me shorting Asia/Europe (EFZ) and free up to 2% VXX unhedged.