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Re: Rock_nj post# 27499

Saturday, 07/23/2016 1:37:03 PM

Saturday, July 23, 2016 1:37:03 PM

Post# of 39190
Most definitely it was a short covering, thus, taking advantage of the weakness; however, that could be tell of direction of TVIX/VVIX/VIX. Meaning, a short with a huge position is under the impression that this is a bottom in the VIX and TVIX will hold and not R/S.