Replies to post #15899 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[Newyorker]

If you expect it to go to $3 you could buy twice then what you have if you sell now.

When stocks go down I sell. When they go up I buy. I used to do the opposite and my money wouldn't last. Such is life.

[wz9ytp]

All in good time. The market will indees be erratic shortly. This is just a technical bounce I think.

I don't know how many I have. 3000 some. I bought 11's. I bought 10's. I bought 9, 8, 7's. No sixes yet. Probably tomorrow, we'll see. But as the RSI gets closer to 30 i see the price getting ready to bounce. Be patient. It will go up. Soon.