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  VelocityShares Daily 2x VIX Short-Term ETN - NASDAQ

10/23/2014, 3:18 PM ET
  • The_American | Send Message 30 Dec 2011

    Now may be a good time to dip a bit into the TVIX or VIXX & HDGE some bets. If XLF or KBE banks rally they will RUN. Can't see it with EUO
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    • The_American | Send Message 2 Jan 2012
      : If the Euro banks are starting to freeze up their money markets & Merkel coming outright w/outlook for 2012 we trade on emotion. Not Logic
    • The_American | Send Message 6 Jan 2012
      : I know. I've been cost dollar averaging on BAC so I feel nice at 5.75. I think it goes to 7 but if EUO continues I hope to see support at 6
      TVIX vs. ETF Alternatives
      TVIX Description
      The VelocityShares Daily 2x VIX Short-Term ETNs (the “ETNs”) are senior, unsecured obligations of Credit Suisse AG (“Credit Suisse”) acting through its Nassau branch. The return on the ETNs is linked to twice (2x) the daily performance of the S&P 500 VIX Short-Term Futures™ Index ER less the investor fee. The ETNs provide traders with an exchange traded instrument enabling them to efficiently express their market views on the short-term futures contracts on the CBOE SPX Volatility Index® (the “VIX®”). The ETNs do not guarantee any return of principal at maturity and do not pay any interest during their term.
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      Country: United States
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