TVIX creation units suspended by Credit Suisse.
http://vixandmore.blogspot.com/2012/...ion-units.html
Supply now a closed-system. Demand will drive the price now, we shall see what happens. Gold, Bonds, Equities and Oil all trading up atm. Strong sell-signal. Morgan Stanley released client statement speculating a
double-digit drop in the indexes that correlates with past historic performance in such scenarios.
Mact, What levels are you looking at for the sell-off? I'm thinking a double-digit drop in the indexes. 1260 (7% pull back) back to 200 dma for a conservative est, but 10%+ drop is viable near low 1200's.