BUY TVIX @ $16.25
Posted on February 29, 2012 at 18:48 PM EST
I decided to take a new position in VelocityShares VIX 2X ETN (TVIX) at $16.25. By luck I managed to buy just 5 cents above the low for the day. The True Strength Index (TSI) indicator read -0.90 at the moment of my purchase. Usually these kind of extreme negative readings lead to a bounce [...]

I decided to take a new position in VelocityShares VIX 2X ETN (TVIX) at $16.25. By luck I managed to buy just 5 cents above the low for the day. The True Strength Index (TSI) indicator read -0.90 at the moment of my purchase. Usually these kind of extreme negative readings lead to a bounce in price. Anyway, this is the chart I made just after my purchase.

Click on any chart to ENLARGE

I made this second chart of TVIX a few minutes ago to show where price traveled after my purchase and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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