Replies to post #28873 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[DeerBalls]

You called it, but no explanation...?

[Amikik]

Yeah boss I totally agree it wasn't just a sample though actually it was a warning to bullish people and just like a trailer of avalanche falling movie of market . So there would be no point of people to say that they didn't get warned prior to the crash ... Big crash coming when FED acts soon end of this month I believe ..... your views on that Sir ?????

[nwsun]

What kind of drop in the S & P are you anticipating? I can see into the 2040 range as that would close some gaps from last June... but to close those gaps from the beginning of the year would be be quite dramatic( but the low 1800s doesn't seem impossible). I just don't see TVIX ever trading in the $225 - $300 range, which is where it be if the S&P dropped to fill those early in the gaps. Back in 2011, this moved over a 2 month period, about 800% from its Aug low, but even then, it never went over $80-90 at its top if I recall correctly.