Very true - much better safe than sorry! I made a little $ with UVXY yesterday (in at $5.54 last week and out at $5.99 yesterday). Still trying to figure out TVIX. I sold off UVXY and hung on to TVIX - very bad move I think. For all that like to short, I should let you know what I buy into. You will all make a fortune cause once I get there the pps plummets.