Replies to post #11328 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[nathanial]

Depends on how fast the correction is, I would say yes. The faster the correction, the more volatility.

[deadjim]

it won't be volatile the whole time. being long a short etf on say the S&P would likely out perform TVIX/UVXY.
I'm waiting to play those ie FAZ SPXU TZA etc but I need a confirmed market top and those issues to spike and prove their range first.
people just guessing top up here for now

[Learner09]

Easily $3.75 on a %15 correction if it drops steadily building on the VIX everyday. The key I think is if it drops and stays there. Up to now the bounce back to new highs has been a given. So if we see a real correction of %15 to %25, $5+ should be easily reached.