Replies to post #6958 on Vlispxpert's Underground

[$tockfather]

TVIX- Flirting with support right now. If it closes below 2.75 then It's likely to come down further and possibly test recent bottoms again.

We shall see

[otterman]

Take a look at this chart. Some quicker indocators are needed since TVIX moves so fast. Everything pointing down at the moment. The hardest this to keep in mind is how this market keeps turniing on a dime. Everything could be rosy and then boom a few days of 300 point drops. 60s should be a safe bet. I am looking to average down as well.

http://stockcharts.com/h-sc/ui?s=TVIX&p=D&yr=0&mn=3&dy=0&id=p70252196259