Replies to post #21760 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[Sampleandhold]

All I know right now is that we all should sell any time we are higher than we bought. Because this thing is going lower. I am guessing but I think Thursday will be the big planned market crash where it all goes down and TVIX goes up. When SPY ad SPX crash all the shorts have to buy TVIX while it is shooting and that makes it shoot faster. I am hoping it will be this week. Instead of holding and keep buying more at lower spreads, I sell all everytime so that when I rebuy, I am lower with more shares. Right now I am at 4.84 so I will sell these in the 4.90's in after market today. Tomorrow hoping to get some 4.6's and try to figure out if that is really bottom or now. The key is to sell all of it and have all your money back again. Unless you are hoping for lower taxes on gains and try to hold for a year which is crazy for TVIX.

Sample

[weedresearch]

personally, I think everyone talking about the 2100 number is not as relevant as the VXX....after taking a hard look at the charts.

I'm not going to give my estimates, but these charts are almost identical, except VXX has a lower support level going back to 12.3.15 and 11.3.15

these also correlate to 2100 on the S&P by the way. The reason I would think the TVIX is lower % wise is decay.

I'll let you guys do your own chart study and come up with your number, not because I am being a dick, but because I am holding substantial shares and there's enough doom and gloom talk in here already.