OneLongTrade: 2 down days of 200-300 dow points in a row would bring the VIX above 26-28, and tvix to above 4. The double is possible... but unlikely.
8/24/12
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OneLongTrade: Sorry, 20-21 on the VIX I mean. 26-28 would require something else...
8/24/12
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Canary Cash: OLT thanks, I will add to that, if in this scenario VIX fluctuates TVIX dies an ugly death because of leverage, tho this is the time for fun
