StockFetcher Forums · Stock Picks and Trading · Bearish News<< 1 ... 7 8 9 10 11 >>Post Follow-up
karennma
8,057 posts
msg #129603
Ignore karennma
7/6/2016 5:23:55 AM

JNUG & NUGT parabolic in pre-market.


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.



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

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.

===========

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!


karennma
8,057 posts
msg #129613
Ignore karennma
7/6/2016 1:07:18 PM

The daRn thing needs to pullback!


karennma
8,057 posts
msg #129616
Ignore karennma
7/6/2016 2:38:33 PM

Time 4 DUST.


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.

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..

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.

============================

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.




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.
========================

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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