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Re: Wrinkles post# 59895

Thursday, 06/15/2017 9:16:44 PM

Thursday, June 15, 2017 9:16:44 PM

Post# of 62488
Oil, NG, Gold/Silver, Uranium swing update:

Oil $44.38 - this is ready, any moment to run back to $49/$50 area, if it goes above $51, then, $60's coming...I assume Oil fails in $49/$50 area and down to $42/$38 area is coming.....I have been adding various oil plays all day for anticipated ride back to $49.....once back to $49/$50, I will get short oil then and use $51 barrel as my stop, if $51 breaks, I'll cover my oil shorts and get long oil for ride higher....

NG $3.058 - bullish report today, who cares, after a lil bounce, going down $2.90 to $2.65 area to LOAD for a big run north in coming months, back towards NG $4.....can't wait to be loading my favorite NG plays on the cheap....

Gold/Silver $1255/$16.70 - these are VERY close to popping again, maybe tiny bit more downside, but good time to be avging into positions, was building positions all day today in my favs...Expecting Gold to make a big run well over $1300 on next move.....

Uranium been building positions in URA, CCJ, URRE for ride up over the next 30 to 45 days....

LASTLY: I want to have a position in (bite my tongue) UVXY, yes that %#* ETF......I know govt and central bankers have been propping mrkts up forever feels like. Entire mrkt grossly overvalued, jmo....Bubbles galore, would love to at least see a correction, a stinking 10% move down? Used to be a healthy thing, lol....my gut says a crash, FANG/Apple gonna get spanked soon....already have gotten spanked some since my initial post couple weeks ago on them, much more to come....Would like to try and time 2K shares of UVXY for the fall....yesterday Yellen announced inverse $600B QE to fix balance sheet, mrkt does not have this priced in. She wants a recession sooooooo badly it isn't funny before 2018 midterms, she can't raise rates fast enough suddenly since the Nov 2016 election, with a 1% GDP and a republican President I might add.

Good luck to all.....$$$$$......

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