I'm buying TVIX, because I think its just a matter of time before Vix goes up. Looking at the 1 yr chart, the norm for Vix is between 15 - 7.50. The media are staying the market is on top, that its overbought. So its your decision. So if you think this market is going down, buy TVIX and ERY, the cheapest 3x inverse etf in the market. Unless your the type to buy TNA and ERX on the pullback.