TVIX - VelocityShares - NYSE

[Vegas]

52 week low here, once the bears take over this should move up quickly. When will that be is the question. Every time the I think the market is heading down it jumps back up 

Same here Stretch. I bet I have been in and out of this a half dozen times anticipating a down turn in the market... Everytime I buy, the Feds pump more funny money in to it and it goes up...

[Stretcher75]

This is starting to look better and better as it falls. It has to rebound soon IMO.

[Anthony]

Be careful with this one,it already did a 1 for 10 R/S earlier this year when it went below $1.00.

[Vegas]

Be careful with this one,it already did a 1 for 10 R/S earlier this year when it went below $1.00.

Agree... Tricky... I have never bothered to figure it out but I think I have lost more than I have made trading this one...

[Shaka_Zulu]

Took a small position at the end of day, first target 2.14, second 2.50ish.

5weeks of gains and now time to come off a wee bit.

[Anthony]

Took a small position at the end of day, first target 2.14, second 2.50ish.

5weeks of gains and now time to come off a wee bit.

What did you do,short TVIX? About the only way to make $$ in this one in a 5 week time frame.

Uncle Ben has been propping the market through the summer,if it weren't for that,TVIX should of been a good summer play,but because of that it isn't.

If there is some kind of maket "correction" that takes the maket down,will probably be when it is suppose to start going back up,the way it has been acting this year.(down is up,out is in,cold is hot,and so on?!?!?!?!?)!!!

[Shaka_Zulu]

I liked the close. Nice candlestick, I think it may start to pop tomorrow. It's set up perfectly.

[Anthony]

Don't think you can use the actual chart for this one,you need to look at the Dow and the S&P charts,and when those go down,this one goes up.

Anyway,goodluck.

[Shaka_Zulu]

Well - 2Q GDP is estimated to be 0.8 percent tomorrow - which is terrible, The Fed is caught either way, to continue to print or begin to taper, the 10yr is going to go to at least 3 percent. China is not meeting there growth forecasts, the world is slowing. Fridays Job report forecasts 150k - 180k, still weak.

Even if they still print money, and even if the INdexs make new highs, the Bond MArket is going to realize that printing money is not the solution, the ponzi scheme must stop sort of speak. so I say there is limited upside here compared to the downside. I'm ready for a 25 percent move down. Still see 2000 dollar gold price by EOY.

Remember the market is up 150 percent since the lows.

Get ready for a break hard in either direction. Tomorrow will be fun.

[ad_man]

now its pinching it looks like, let's see what the contango / rolling yields become during october/november.

[Dr PennyStock]

Looks like a run to 2.00 - 2.14 may be possible in the next days.

[Shaka_Zulu]

Over 20 million shares traded yesterday, the highest since late June - So much uncertainty going into the Fall. Volatility is back. This is ready to not just "pop" but explode IMO. (i realize this maybe broken to some, since its debacle awhile ago) Still ready to go to 2.14 first. Higher interest rates are gonna come come to roost back in the USA after it first goes all the around the world.

http://stockcharts.com/h-sc/ui?s=TVIX&p=D&b=5&g=0&id=p75660821933

[budfox1986]

I prefer trading UVXY personally. These are structurally flawed however (just look at that 52 week range!) so any pop usually comes crashing down you need to be quick

[Anthony]

Oh look,another 1 for 10 R/S,what a big steaming POS!(P is for pile,not piece) So now its a $20.?? a share so it can go back down in the $1s for another one!

On the other hand,it may be a good short,for anyone that sells short?

[Dunadoni]

Time to get in TVIX??