Replies to post #27239 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[TheWallStreetPoet]

I think that is the only true way to make money on this dawg, i.e., observe the trend and volume and place big trades for small moves w/extremely tight stop outs in both directions. One would have to be extremely disciplined, observant, in the know, and intelligent.

[Ican]

5cents makes me 500 here. you do the math.

Parabolic SAR is on top of the SPY 60min chart. Looking for short term resistance at 216.4 on the spy if so, then 213 will print by end of week

Make no bones about it, i still expect this market to climb higher