Don't forget UVXY did a R/S about 2 yrs ago and it was at $2.00 when it happened and it came out of the R/S in the $80.00's the next day....I was watching closely and playing UVXY, until it got that low I laid off....surprised TVIX has not done one as of yet.....
I've been thinking about the R/S, as a matter of fact I've been thinking a lot about the R/S. I'm not saying it's a good thing but in the end I believe it's going to be a blessing in disguise if the timing works out well. It all comes down to timing.
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