[John123]

I don't know the guy but am aware of the issue... this is not the "mom and pop" kind investing topic but is a very, very dangerous speculative trade that is hugely popular. Shorting the VIX means the bet is the stock market will continue to go up... and make a little bit of money because of the contango effect. However, the VIX can rise dramatically... very quickly if the stock market corrects, which can lead to huge trading losses/margin calls/bankruptcy.

[Eric in the Ozarks]

Does the name Tom Kivisto ring any bells ?