Replies to post #96 on VelocityShares Daily Inverse VIX Short Term ETN (XIV)

[eric4x]

'Tips on the Stock Market' by eric4x.*

Now I'm stuck with a closet full of books to get rid of! Ten cents each at my yard sale. Get 'em quick, before the price goes down!*

I saw XIV at $15 and climbing. I said to myself, "It's going lower." Well obviously, XIV is not UVXY, and I have to remember that XIV tends to go UP.*

New rule:
If XIV is at an unusually low price and moving up fast, BUY IT!*

Well, at least we still have the debt ceiling crisis and spending cuts to deal with. Very soon, the Bad News Bears will get another chance to enjoy a Merry Cliff Mess.*

[The cook]

I've only traded uvxy and tvix a few times, but enough to realize...... you better be damn sure you know what your doing. I'm staying away from those ones for now!