VelocityShares Daily Inverse VIX Short Term ETN (XIV)

[tmorr55]

Good to see you're back at it, MJ. I thought we'd lost you! Made a chunk on UVXY which I bought yesterday and was all ready to ave down a second time when it tanked to the low 9s in AHs only to have the vote go the other way. Luck of the draw this time around. Had I been out from under yet another crappy trade restriction, I would've bought XIV upon sale of UVXY in pre mkt in the 21s and made yet another killing the first hr of trading today. Bad time to be restricted as events and volatility like this are rare indeed! If XIV is still in the 20-22 range come mid week, I'm going in big, but I suspect it will be much higher. Here's an interesting read btw.

http://www.marketwatch.com/story/the-dirty-secret-about-the-brexit-vote-its-all-a-sham-2016-06-21?mod=MW_story_recommended_default&Link=obnetwork

Market insanity is alive and well!