Replies to post #16901 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[gumbie05]

Never underestimate the power of the CBs!! They have (had) this market rigged (for a long time) and can rally the markets 1,000 points within a matter of "days"!! They ARE going to try to mark the market up towards its highs! Your job (in playing the TVIX from the long side) is to take a position (in the mid $5s) WHILE they "attempted" to do so and by protecting your down side with a Stop Loss at $5- just in case they (CBs) succeed!! Good luck
- JMHO