johnpaulca 12,036 posts msg #130519 - Ignore johnpaulca |
8/21/2016 11:13:27 PM
paper trade: trying to swing the very bottom...
VRTU($21.35)....long for an oversold bounce...target $22.40
|
johnpaulca 12,036 posts msg #130532 - Ignore johnpaulca |
8/23/2016 10:33:57 AM
johnpaulca
9,976 posts
msg #130519 8/21/2016 11:13:27 PM
paper trade: trying to swing the very bottom...
VRTU($21.35)....long for an oversold bounce...target $22.40
***********************************************************************************
hit price target at $22.40
|
karennma 8,057 posts msg #130541 - Ignore karennma |
8/24/2016 9:24:55 AM
NUGT & JNUG breaking down.
|
johnpaulca 12,036 posts msg #130542 - Ignore johnpaulca |
8/24/2016 10:25:58 AM
karennma
6,278 posts
msg #130541
- Ignore karennma 8/24/2016 9:24:55 AM
NUGT & JNUG breaking down.
*******************************************************************************
it's about time, was patiently waiting for the retracement to buy. Will start buying closer to 1280.
|
graftonian 1,089 posts msg #130544 - Ignore graftonian |
8/24/2016 1:04:07 PM
made a few bucks on DUST yesterday and this morning, waiting patiently for gold to turn around.
|
BarTune1 441 posts msg #130546 - Ignore BarTune1 |
8/24/2016 2:10:44 PM
A couple of my more reliable filters are signalling a buy on the gold miners ... will likely wait till the end of the day to make a decision.
|
johnpaulca 12,036 posts msg #130547 - Ignore johnpaulca |
8/24/2016 3:03:27 PM
mean reversion filter is telling me long GLD and short DUST. I would feel much better with a little more shaking out. One of my support line failed today so more downside is expected(retracement).
FYI..Monthly is still a buy.
|
graftonian 1,089 posts msg #130553 - Ignore graftonian |
8/24/2016 5:50:04 PM
Could anyone explain the correlation between gold and the S&P 500? I offer this crude comparison. Is there a piece of the puzzle that I am missing?
|
BarTune1 441 posts msg #130554 - Ignore BarTune1 |
8/24/2016 5:55:45 PM
Thats interesting JP .... i was long GLD and short GDX ... as well as long SLV and short SIL ... exited both positions yesterday and today for some decent profits .... they have moved alot lately ....
|
johnpaulca 12,036 posts msg #130557 - Ignore johnpaulca |
8/24/2016 8:29:07 PM
graftonian
188 posts
msg #130553
- Ignore graftonian 8/24/2016 5:50:04 PM
Could anyone explain the correlation between gold and the S&P 500? I offer this crude comparison. Is there a piece of the puzzle that I am missing?
****************************************************************************************************************************
correlation between SPY and GLD is -0.44
|