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I would have made $1k yesterday on a GUSH call, I could have made another $1k on a GUSH put, now the 60 call is back to 2.00 but my other play that i shoulda sold earlier today is down as well...Oil is down as well...and I don't want to take a loss, what to do what to do...
I think they really mean it, gl.. DRIP$...
I agree, oil beat down by Covid and Russian/Saudi dumping...I look for WTI and Brent to increase in $ per barrel
That said, most people that know me have me on ignore
I thought so too, but the markets and oil wouldn't have rebounded the week after election results...oil will rebound to above 60s...DRIP is only good for near term...GUSH will be the one to get into for the long term...
New administration against pipelines, pickups, etc, buyer DRIP$ $19...
You cant play them all.
GLTY
boy I really missed out on the GUSH run-up but since then I made some $$$ elsewhere and put it in my special holding for now and playing with like $5K...DRIP may be going down for a long time until next summer...
The DRIP dial slope looked like it bottomed @ 37.60 closing price and curled up yet the pps has come down $9 since then...I bot more yesterday, DRIP gapped down, I want to buy more but market is on fire...and I don't want to sell with a buy indicator approaching...dial slope is @ 1.30 which is at lowest ever...I'm in same boat as you with BOIL...I was thinking of buying BOIL on the 19th...just gotta ride it out i guess...I'm at a loss with my TZA as well...I'd rather take that loss and buy more DRIP...I'll wait until tomorrow or maybe when DRIP hits lower 20s I'll buy more if that happens...
I just sold my GUSH 252 @ 33.25...I'm not seeing the same type of buying I saw on Monday...maybe bears are the way to go for next few days...I'm looking at getting into TZA, Russel 2000 is at all time high...
what about TZA??? it's paired with TNA...I'm thinking correction comming soon, but what do i know, aay???
This chart tells me it is/was time to buy the Bear FANG 2x and 3x ETF's early this week. Not too late to still get in.
Live link here; http://schrts.co/KJyPhEKY
The associated RRC chart is a day behind the individual xxxx:DIAL slope charts above. If you look closely, you can see the leading segment of each ticker line in the bottom left quadrant just starting to curl up. The RRC chart seems to provide good confirmation
Live link here; https://stockcharts.com/freecharts/rrg/?s=FNGD,SOXS,SQQQ,LABD&b=DIAL&p=d&y=1&t=10&f=tail,d&c=true
Note, you may have to copy and paste the RRC links into your browser to get them to work.
Here is the corresponding Bull FANG 2x and 3x ETF chart.
Live link here; http://schrts.co/HqBPCRpb
Again, the associated RRC chart provides confirmation a day or two behind the xxxx:DIAL slope charts. Notice the leading segments in the top right quadrant beginning to roll over. This chart tells me Monday and/or Tuesday of this week was the time to sell these.
Live link here; https://stockcharts.com/freecharts/rrg/?s=FNGU,TQQQ,SOXL,LABU&b=DIAL&p=d&y=1&t=10&f=tail,d
Here is a chart of the SPDR sector 2x and 3x Bull ETF's.
Live link here; http://schrts.co/mavfHuQA
...and the associated RRC chart.
Live link here; https://stockcharts.com/freecharts/rrg/?s=GUSH,RXL,FAS,DUSL,TECL,UGE&b=DIAL&p=d&y=1&t=10&f=tail,d&c=true
And lastly the SPDR sector 2x and 3x Bear ETF's that shows it is still too early to move on the GUSH/DRIP pair.
Live link here; http://schrts.co/BteKnzSe
...and the associated RRC chart confirming the same.
Live link here; https://stockcharts.com/freecharts/rrg/?s=DRIP,SIJ,TECS,FAZ,RXD,SZK&b=DIAL&p=d&y=1&t=10&f=tail,d&c=true
All this has been working well for me. GLTY
have you shared this with Duma on this board??? i'm sure those on that board would like to see how this works...I appreciate you taking the time to explain all this...thank you so much...
DIAL is a fixed-income ETF, not unlike a money market mutual fund. Stockcharts does not offer money markets funds for charting purposes (mutual funds typically have 5 letter ticker symbols, and money market mutual funds typically have 'XX' as their last two letters). Try a search in Stockcharts yourself. Oddly, you won't find any.
When comparing an ETF to a fixed-income fund on a slope chart, it will display a slope rising or falling compared to the same fixed income value day after day/week after week/fund to fund.
I found when I use the slope of the ticker 'naked' (not comparing it to DIAL) the day to day variations of the slope line often becomes too whippy.
You can see this for yourself when you look at the RRG rotation chart of the SPDR ETF's on Stockcharts. Link here;
https://stockcharts.com/freecharts/rrg/?s=XLU,XLE,XLF,XLV,XLI,XLY,XLK,XLP,XLRE,XLC,XLB&b=SPY&p=d&y=1&t=5&f=tail,d
Hard to make much sense from it other than what quadrant each fund is in.
The default 'Benchmark' for this RRG chart is SPY. On an RRG chart, Benchmark means this is what each ETF is being compared to.
Now make one simple change. Change the Benchmark fund from SPY to DIAL, and you get this chart.
Much easier for me to see side by side comparisons when DIAL is used as the benchmark
FYI, a Slope chart is basically a linear version of a RRG rotation chart.
All this took me years of trial and error to hone in on this simple method to steadily increase my retirement funds. 4-6 trades per year for each of the twelve 2x and 3x ETF pairs I follow, and I have been able to achieve a 50% to 100% gain/year for the past several years.
GLTY
why do you use DIAL??? I tried other tickers to see the difference, not much really...I noticed that GUSH is still a hold, and that's because CVX had ex div day, so CVX gapped down and kept GUSH from rising more, just like XOM did last week, but the day after XOM flew higher, so that's what I expect of CVX tomorrow, yet those EMAs are still pointed up with an extreme slope...
The GUSH:DIAL and DRIP:DIAL slopes told me it was still too early today to sell GUSH and buy DRIP, but the six SPDR BEAR pairs I watch did say to me today was the day to buy FAZ, SIJ, and TECS ... RDX too, but I didn't act on that one.
Live charts for you here;
http://schrts.co/CtPxAWVF
http://schrts.co/kNkeRaMc
GLTU
Its really interesting watching DIAL change from opening to know with DRIP gap up and GUSH gap down...now GUSH is + and DRIP is -...
charts do also show anticipated time of a peak...only reason why the previous cycle was adverted was election results over last weekend...market rally was an unanticipated event that created a who;e new cycle...I anticipate the previous cycle to finish by markets filling the gap up...but it didn't...as shown by dial slope...wow...really crazy stuff here...I anticipate a rollover after tomorrow or thursday at least...
I used to do the same. I thought I was so smart that I could see things in the chart that were not there yet, AND I was sure would appear soon. Time after time, I was wrong, and ended up kicking myself for moving too soon. Now rather than hoping the chart will go the way I predict, I simply follow what the chart is actually telling me that day.
http://schrts.co/gCanMRjH
http://schrts.co/WJjREfSi
On the DRIP chart (live link above), the DRIP:DIAL slope is suggesting a bottom is nearing. Possibly later this week, BUT WAIT FOR IT TO ACTUALLY HAPPEN. Watch for the GUSH:DIAL slope 'wave' to actually bottom and turn up. The first day after the bottom of the slope 'wave' ACTUALLY OCCURS will be the day to buy DRIP again. Ride the DRIP wave up, and then sell when the wave tops out and rolls over, then take the funds and move over to GUSH and ride the GUSH wave up. When DRIP:DIAL slope is at a top, GUSH:DIAL is at a bottom. When GUSH:DIAL slope is at a top, DRIP:DIAL is at a bottom. Jump back and forth with the same funds and watch them grow.
With this GUSH/DRIP ETF chart pair, you are not looking for home runs. Just consistent singles and doubles, BUT an occasional home run WILL occur.
GUSH most recently bottomed on Friday Oct 30th. The next day the market was open and I could buy was the following Monday, Nov 2, and I bought at $20. It closed today at $30. When GUSH:DIAL slope tops out this cycle, it will be a 50% gain for me, and that is a home run in my book.
GLTY
I ended up selling DRIP for a loss @ 39.11...breaks my heart but i bot 252 shares of GUSH @ 30.77...I don't want to bottom out on DRIP, and i want to take advantage of what GUSH might have in store for another gap up tomorrow...
this chart is pure technical w/o the politics and news...unless DIAL is based on that...I am a cosin wave trying to make it in a sin wave world, what my outlook expectations turn out to be opposite...this week we will see whether June's DRIP bottom will be worse or the same...I'm selling soon to wait it out, not getting into GUSH, my luck the something will happen and I'll lose more...
Here are live links for you;
http://schrts.co/gCanMRjH
http://schrts.co/WJjREfSi
The upper bar chart for each ETF has three EMA's, red, green, and blue. The 13 day EMA is the most important. The 8 is an early indicator, the 21 is a late confirmation indicator. The lower GUSH:DIAL and DRIP:DIAL chart is a 13 day slope of the equity compared to a stable value fund with the ticker symbol DIAL. What I pay attention to is the slope chart. I look for the first derivative of the slope to change from positive to negative, and again from negative to positive.
https://sites.google.com/a/g.horrycountyschools.net/shuford-s-site/ab-calculus/chapter-3/3-3
I buy the day after the first derivative from down to up is identified, and sell the day after the up to down derivative is identified. I identify the derivative with a red horizontal line, and identify the first day after, the buy/sell day, with a yellow highlight collum.
The actual performance of all this is measured as follows;
For the 3 month duration shown on these charts and starting with a $1000 amount...
$1000 - 16% = $840 (GUSH on 25SEP)
+7.1% = $899 (DRIP on 2OCT)
+6.8 = $960 (GUSH on 16OCT)
+8.8% = $1045 (DRIP on 2NOV)
Yeah, the past 3 months covered in the above charts shows I am up just $45 for every $1000 at risk. A paltry 4.5%. It has been a tough 7-8 months for the GUSH/DRIP pair. But so far this year, I am up actually ~30%. In years past, when the GUSH/DRIP pair were true 3x EFT's rather than the 2X they are now, I exceeded 100%/year several times.
This works with many other 3x ETF pairs too, such as FNGU/FNGD, SOXL/SOXS, TQQQ/SQQQ, FAS/FAZ, BOIL/KOLD, AGQ/ZSL, UCO/SCO, and LABU/LABD.
GLTY
chart is outdated from Friday's rally...DRIP
I read as much as I can, but pay the most attention to the charts. The GUSH/DRIP charts I use are below.
Here are live links for you;
http://schrts.co/gCanMRjH
http://schrts.co/WJjREfSi
The upper bar chart for each ETF has three EMA's, red, green, and blue. The 13 day EMA is the most important. The 8 is an early indicator, the 21 is a late confirmation indicator. The lower GUSH:DIAL chart is a 13 day slope of the equity compared to a stable value fund with the ticker symbol DIAL. What I pay attention to is the slope chart. I look for the first derivative of the slope to change from positive to negative, and again from negative to positive.
https://sites.google.com/a/g.horrycountyschools.net/shuford-s-site/ab-calculus/chapter-3/3-3
I buy the day after the first derivative from down to up is identified, and sell the day after the up to down derivative is identified. I identify the derivative with a red horizontal line, and identify the first day after, the buy/sell day, with a yellow highlight collum.
The actual performance of all this is measured as follows;
For the 3 month duration shown on these charts and starting with a $1000 amount...
$1000 - 16% = $840 (GUSH on 25SEP)
+7.1% = $899 (DRIP on 2OCT)
+6.8 = $960 (GUSH on 16OCT)
+8.8% = $1045 (DRIP on 2NOV)
Yeah, the past 3 months covered in the above charts shows I am up just $45 for every $1000 at risk. A paltry 4.5%. It has been a tough 7-8 months for the GUSH/DRIP pair. But so far this year, I am up actually ~30%. In years past, when the GUSH/DRIP pair were true 3x EFT's rather than the 2X they are now, I exceeded 100%/year several times.
This works with many other 3x ETF pairs too, such as FNGU/FNGD, SOXL/SOXS, TQQQ/SQQQ, FAS/FAZ, BOIL/KOLD, AGQ/ZSL, UCO/SCO, and LABU/LABD.
GLTY
I sold my DRIP at a loss 193 @ 46.55 gapped up @ openning, gaps usually get filled early on, and i bot 346 GUSH @ 26...will hold to over 27, 2 days ago high was 27.42...wel...Oil dropped quickly which sent the GUSH up trend to drop so I sold @ 26.405, was waiting for 26.7 or so but i made some $$$ and got a few more shares of DRIP 198 @ 45.985...as I'm wrote this GUSH went up to 26.87...oh well...boy this is really making me nervous trading like this wow...looked online for answers found this...seems like DRIP will be a good hold barring some wild rides like Monday's...
was today a reversal for DRIP from the premature pop in markets on Monday??? We will see, I'm hoping for a rebound to 80 or higher...its amazing the amount of cycles between DRIP and GUSH throughout a normal year...I'm going to experiment, looks like I bot in middle of cycles @ 62...
FYI, below is today's NatGas and Crude update from here - http://celsiusenergy.co/p/daily-commentary.html
DRIP follows Oil Producers which follow Oil prices...I expect Oil producer tax season sell off up to eoy regardless of oil prices...
where is DRIP retracing to???? looks fine to me, retracement starts on Jan 2, 2021...
Nice bounce up this week!
Don't ride it too long. This one quick to retrace.
bot 93 shares of DRIP @ 64.20 !!! still went down coulda got 1 more share oh well...lol... B/E of 193 shares is 62.0238 WOW!!! ooops I forgot that XOM gapped down today...ooops...
I bot DRIP 2 days ago @ 60...waiting for XOM gap to fill in the $30 range then gonna get out and get into GUSH...oil producers must rebound sooner or later, and when they do, it will be nice...
* * $DRIP Video Chart 06-15-2020 * *
Link to Video - click here to watch the technical chart video
since this went under 4 bucks though it will get a RS before long trade safe
so i hear fed wont be buying till wednesday,ill hold for a little bit longer.
things are lookn good on the one hour
welp looks like auto kick out for me.
i bet against the the fed and the fed . . .
Some 4.37 filled now
Starter here today. 4.51 and large position
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