Replies to post #32195 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[slmlrd]

R/S's from my past experiences with other etf's. The market did drop significantly recently, but tvix did not move up like it should have. I can't point my finger on it, but serious research is needed for me to be in this for more than a scalp. If we knew, then we would be rich. Sidelined until after r/s maybe the best LT strategy for now. Maybe I can catch a close on a gap or two, but I'll let a blowoff occur first. I'm no pro for sure. Only success to you.

[huka]

I have my eye on SPY at 280 for a pullback. Let's see how the week plays out. I agree with everyone else that talks about the danger in holding this anything other than short-term. At the moment it is only good for bounce plays or scalping plays as some would call it and those have been few and far between. There will be a time to ride it high.