karennma
8,057 posts
msg #129603
- Ignore karennma |
7/6/2016 5:23:55 AM
JNUG & NUGT parabolic in pre-market.
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karennma
8,057 posts
msg #129608
- Ignore karennma |
7/6/2016 8:40:43 AM
Daytrading => BS.
I should NOT have sold NUGT.
Absolutely no benefit to daytrading these. None!
All they're doing is going straight up.
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graftonian
1,089 posts
msg #129611
- Ignore graftonian
modified |
7/6/2016 11:52:23 AM
PACB doing OK, a little profit taking at 1130. At least that is my take. Todays pick is IMN @ 1.21
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karennma
8,057 posts
msg #129612
- Ignore karennma
modified |
7/6/2016 1:04:04 PM
pthomas215
149 posts
msg #129597
- Ignore pthomas215 7/5/2016 5:02:54 PM
I think so. I also think DUST is going to make some noise tomorrow.
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Eventho' I sold JNUG, then got back in and made $$, I must say, this is really f*%#d up.
Parabolic rises like this never end well.
EDIT:
TYPO - I mean NUGT. I am really upset.
This is really just too much!
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karennma
8,057 posts
msg #129613
- Ignore karennma |
7/6/2016 1:07:18 PM
The daRn thing needs to pullback!
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karennma
8,057 posts
msg #129616
- Ignore karennma |
7/6/2016 2:38:33 PM
Time 4 DUST.
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graftonian
1,089 posts
msg #129617
- Ignore graftonian |
7/6/2016 2:58:13 PM
Karen, seriously? But then just a year ago it was pushing 400. I've been looking for any sign of action, to no avail. A short term EMA cross, a small increase in volume, anything.
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ahcsim72
151 posts
msg #129623
- Ignore ahcsim72 |
7/6/2016 8:06:55 PM
In $DUST AH...a risky move but I can afford it..signs are there but Bulls rule now..
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karennma
8,057 posts
msg #129631
- Ignore karennma |
7/7/2016 6:35:06 AM
graftonian
181 posts
msg #129617
- Ignore graftonian 7/6/2016 2:58:13 PM
Karen, seriously? But then just a year ago it was pushing 400. I've been looking for any sign of action, to no avail. A short term EMA cross, a small increase in volume, anything.
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Sorry, if I gave the impression I was going to buy DUST. I did not .. and will not.
My comment was in response to pthomas215 and Ahcsim72, who both got buy signals on DUST.
I held NUGT overnite. In & out 2X yesterday. Keeping positions small just in case .. as I can't afford anymore expensive mistakes.
Re: "looking for sign of action" --
The "action" is on the LONG side. IMHO. For that reason, I am not buying DUST. When gold pulls back, I will wait on the sidelines for a re-entry point.
:>)
BTW, if you're in commodities, best to get up B4 5AM to check the Futures.
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karennma
8,057 posts
msg #129632
- Ignore karennma
modified |
7/7/2016 6:41:31 AM
graftonian
181 posts
msg #129617
- Ignore graftonian 7/6/2016 2:58:13 PM
Karen, seriously? But then just a year ago it was pushing 400.
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Re: DUST
Yep. And as U can see from the chart, it's been dropping like a lead balloon ever since.
Like all other ETFs that collapse into the single digits, once it gets to $1, Direxion will prolly R/S 1:10 .. or whatever.
JMHO.
Edited: typo
Correction ... I meant 1:10, not 10:1
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