% | $
Quotes you view appear here for quick access.

VelocityShares Daily 2x VIX ST ETN Message Board

  • ggray1956 ggray1956 Nov 19, 2013 6:20 AM Flag

    TVIX NAV still dropping

    Personal analysis. 85 billion not stopping anytime soon, so what going to happen in my opinion is this. You make a little on down days (sometimes), and lose the majority of NAV on market up days. That's a recipe for eventual zero. I climb in short near Christmas and 50% short (stocks, since these ETN's are a scam) close to the next kick the can down the road calamity that will happen in January. Not sure if we will have hyper-inflation, or deflation yet when things unravel, so I will limit my Gold and Silver allowance to 20%

3.45-0.30(-8.00%)May 6 4:00 PMEDT