Replies to post #31309 on Elite Swing Trades

[Wrinkles]

TVIX - well, it topped out lil over $3.40 today, so a pullback to $2.90's is pretty good. What is the lowest TVIX could go on this bounce, best or worst case scenario, lol? $2.60's? Not happening, jmo.....even if it did, I'd be thrilled to be buying $2.70's and on down as low as it could go.....Cause markets are not going back to alltime highs anytime soon, jmo.....So I have 50% of a full position so far, don't care if it goes lower, GREAT, if it goes higher after a .50cent pullback, GREAT, all good to me SK.....Owning TVIX in the $3.00 area is a good thing, whichever way it wants to go, I'll make best of it. CAUSE when real volatility comes and we see TVIX at $6 again and even higher, $3.00 will be a dream......Lot of economic issues here and abroad, so many geo political issues also, plus world govts are running out of fairy dust for all markets, clock ticking to real volatility and DEEEEEEP RED!!!!! Like 2009 type Deep Red.... ;-)