Replies to post #12919 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[Miracleman 1]

Sorry I forgot, capped market refers to indices like NASDAQ, S&P and DJIA. Many analysts have written that the DJIA is considered capped around $19,142. It looks to certainly bear merit. If you take the 30 Companies that make up the DJIA and chart daily pps, very few hold gains more than 3 days now. AAPL and MSFT make up 61% of the DJIA in terms of impacting the daily ups or downs of the DJIA because of their enormous market cap.