Hum? best leave it at 4% at risk right here wanted more, but just sit and wait with this speculation.
from seeking alpha, "One of the most important stories in the world of volatility so far this year is the tale of General TVIX. After outstanding performance in 2011 and a rise to prominence following the Debt Ceiling debacle and Europe / Greek catastrophe, TVIX was the vehicle of choice for many that sought to trade volatility. For a good portion of 2011 and into 2012 there was a running theme found in the Stocktalks here on Seeking Alpha regarding the movements of "General" TVIX and his fight against the market forces bent on his destruction.
Sadly, it appears that the opposition forces have gotten the upper hand and TVIX has been demoted from his command position. Upstart UVXY has taken up the slack with additional interest going to less leveraged alternatives like XIV, VXX and VQT. Gone are the days of the charge of General TVIX, and rightly so."