VelocityShares Daily 2x VIX ST ETN (TVIX)

[TheWallStreetPoet]

Cool, I like predictions with actual ETA's.

I figured that oil dropping 2% would be putting pressure on this exuberance. Moreover, drillers of the world are ramping back up with this exponential glut of 386 million barrels, e.g. this is going to put pressure on forward projections for those on the take. I really don't understand how the price of oil can command a price over 40 bucks a barrel.

The trading pattern that was developing between the Vix and Tvix is behaving differently. Looks like it wants to go lower now. Going to hold out for a day or two and see what happens.