That's just not true. What is true is they want you to believe there are major issues to resolve issue and there isn't. That why TVIX is flat to down.
TVIX gives. This market is still run by the flow of $$$. This flow does not have $$$ allowed for TVIX long positions, yet there is plenty to short any inverse funds. Its a fixed market, and there are only 3 things that will change it. The flow of $$$ stops, Interest rate rise, or WW3. Anything else will not move TVIX much...If at all!!! Market is fixed. If you play logic in this market you lose, if you play $$$ flow or the lack of it as it relates to interest rates you win. If you glow at night, it would be safe to play TVIX.
If you short TVIX and hold it long enough it would have been possible in the past. Now that its established some sort of base and pattern around $3, you could actually lose down at these levels....or is losing currently at these levels.
Dude...Either you have just got in or you have been luckier then God. Its extremely hard to believe you have never lost trading TVIX. If this is true, I am sure most of us would trade with you. So as time goes by, let us know when your getting in and getting out and we will make $$$ together.
I think you need to re-word your posts. You should not post that people hate America just because they are short the market. Logically they are right on paper, yet its still in the hands of easy money longs. That's what you should be concerned about. Not who plays "short", but the reasons why more and more people are. It has nothing to do with the love they have for there country.
Mohamed El-Erian, chief economic adviser at Allianz, also tells CNBC a Greek exit from the euro would cause "short-term chaos," but it would not bring the global economy to its knees.
The VIX closed at 14.69. That is a figure reserved for some sort of contentment, and this Global situation is everything but that!!! If the VIX was at a realistic level, TVIX would be much higher. Even with all the recent problems, the market is poised to move higher...Greece or no (Euro) Greece!!!
Wall Street acts like it does not care, but it does. If Greece abandons the Euro, their is a fear others will also and that would put a damper on any European recovery!!!
Wall Streets baby did take a dump. I got out on Friday when it was up over 2 bucks and never looked back. Down today pre-market!!!
So you like it long...here? Its not LOCO to enter here at $24.07, but it will probably move lower closer towards earnings. Good Luck!!!
Greek talks have broken down and the market is flat to down...AND TVIX is flat!!! Hard to believe!!! Obviously Greek issue is not going to create an issue with the markets...SO FAR!!!. If the Greeks abandon the Euro others may also. This should create chaos with European markets, but the US market just blew it off. Its all about the easy $$$ flow and as long as it continues the scam will continue.
There is one thing to be concerned about...This move is also going to make it easier for insiders to dump stock if they wanted to dump more then average. Having the strong earnings report, higher stock price, and the excess of shorts that have not covered yet is a perfect environment to dump blocks of stock. Keep an eye on insider trades. If its relatively high, then its probably a clue that future guidance may not be as strong as company forecast.
Another special dividend was a smart move by the company, because short interest rose quite a bit prior to earnings, stock still appreciated, and current stockholders are happy with the current stock price, which was a result of a lot of covering (pre) and (post) earnings.
Some stocks may be different, but REIT's and other investments I've had always go down the day before or day after. It is funny when they say they are giving you a DIV, but the stock goes down in paying it...So technically, you were giving yourself a DIV.