Replies to post #12845 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[MJ moneymaker]

I agree with everything you stated

[Miracleman 1]

Lol....The real problem is that as long as the US keeps printing money it's easy to find buyers. NASDAQ broke-out on Friday and possibly has paved the way for other indices as well. Even though NASDAQ is more technology and internet based and even more volatile than some other indices, still there is carry-forward impact in an economy that just keeps printing more money. I've flipped and made great money on this one but I think it's another month or so before I will get back in. This coming week's bell weather for the DJIA will be on earnings reports. AAPL, MSFT and IBM, amongst others, likely bring excellent earnings reports and the DJIA likely will breakout above $18,200, imho