Replies to post #4390 on Velocityshares Daily 2X Vix Medium Term (TVIZ)

[77steel]

http://www.zerohedge.com/news/2017-10-17/one-biggest-fears-i-have-i-miss-it-there-sudden-rush-open-long-vol-funds

FOMO 2.0 , this time it's a legitimate fear as a number of legitimate shocks may come into play. As a result, a number of names are going long volatility.

"While buying volatility has been a widowmaker trade in recent years, the fund managers Bloomberg spoken to by Bloomberg couldn’t be more optimistic:

I, myself, believe we are at the doorstep of Black Swan season.

Is a Yuan devaluation possible this fall? I think Rickards made mention of it earlier this week.