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Don't look now lil buddy but as I type it has peeked up above it. The real question is can it hold through the night and keep on truckin tomorrow?
That's right and remember in the good old days when we had a rate hike NUGT would go down when the rates were announced and the next day it would rocket up. Now a days not sure that will happen but maybe it will. Yes currently swing trading is the way to go and scalp what you can. We all know they will raise the rate next week. They pretty much have to.
Well sorry to say but the lead balloon rides are back in operation. Jump on for a ride under the 13's.
Yup same ole sheet now they slam it down. HOD is in and down this pos goes.
Yup definite trend change. Usually when gold goes down, when the dollar goes up and when the market is up big, NUGT tanks big time. NOT today it held very well and including it was up.
Yea hard telling with what will really happen with China tariff news. One would have to imagine they will absolutely have to come to some agreement because Trump will not back down. It is truly in the interest of everybody concerned to make an agreement. Mean while back at the gold miner ranch I will just be laying low and try to sniper some 11's in NUGT and call it a day. My accumulation mission will be totally complete and will wait for the day when the gold sector runs back up. Green trades to all chow.
NUGT shoots to 12.36 in a blink of an eye and as soon as you blink again it slams back down below 12. Really? WTF!
Sub gold 1200 here we come! When that happens the bottom drops out look out below. My chance to again hammer some low NUGT 11's and even 10's weeeeeeeeeeeeeeeeeee!
Don't forget the buck it down as well.
Don't forget the buck it down as well.
Let me tell you the joke so you will understand. There were two gals sitting on a park bench one evening in Minnesota one a blonde and the other a brunette. The brunette asked the blond which do you think is farthest away the moon or Florida? The blonde looks at the brunette and then glares at the moon. The blonde then says "Hello do you see Florida?
Nope we all idiots like you said lol. We don't know sheet we just buy thousands of dollars of worthless stocks and etf's so we can go bankrupt. Hello do you see Florida?
Yup and meanwhile gold is at it's low of day 1202 yikes. Let's hope it stays above 1200. If not then I will be gunning to buy more NUGT.
I totally agree weazel. Just because somebody disagrees with an opinion doesn't warrent a personal attack. Actually weazel is right more than wrong and I appreciate the charts you post on the board. But hey that's just me remember I am an idiot lolol
Nope gold is diving like a rock and NUGT will fall faster when gold falls than it rises when gold skyrockets up. Totally out of sink. Usually when the buck goes up gold drops but not today. They both swan diving together. I actually look to see NUGT back in low 11's but hey our guess is as good as anyone's with this crazy market.
There you go deep sea diving at its best. Took less than an hour to wipe it all out. Guess it's time to go fishing lolol
Market surging as the buck and gold are diving together.
Nope they walking it down toot sweet. So much for that 2 day rally.
Amen be glad we gettin some green. It been a long friggen time.
Yup with frustrations exacerbated further when rates are raised and this will be down even further. I totally expect to see 10's today and 9's staring at me a few weeks down the road. Not many choices here. 1. Sell 2. Buy more 3. Hold on.
Yea instead of the stair way to heaven it is the stair way to hell lol
May be might be an understatement. This pig will be in the 10's before we know it. Pathetic boolsheet.
Like they say even a blind squirrel finds a nut once in a while.lol
Fasten your seat belts kids this is coiling like a snake! Will strike you when you don't see it. JMHO. PS I did get lucky and picked some 11.15's pure luck. I had a feeling for 11 and took a shot at 11.15.
I already told you last week this thing is going down and unfortunately it not done so kudos yourself and ask me if I care if you iggied me? See you in the 11's Mr. Kudos lolol
Down of course. Look real close at the chart. Down is the way it's been going for weeks. Really?
Yea I was called an idiot for calling NUGT to be in the 12's I suppose if I call it to be in the 11's what will I be called then? lol
The buck is running like a priest in a room full of alter boys.
Yup they greedy bastids lol
I tried to tell you guys it going to the 12's but I get called an idiot. Yes this is some funny stuff all right. The whole friggen gold market is some "funny" boolsheet. India gets hit with a record flood and that's why gold is going down? Ya right.
ROTFLMAO! Good one weazel.
Well all I can say is when somebody calls you and idiot I will be the first to agree with them that they are not my friend. Least I know now. I do know I am not a rude person and do not call people names. Yes NUGT could do a reverse and I have seen it several times however I doubt it will reverse before it hits the 12's. I see this as a prime buying opportunity IF it gets back down to it's lows. Nothing more or nothing less. Hoping that it does get there is by no means a reason to call names to somebody. Period.
Gee thanks so much for being a friend. Unbelievable!
I might be crazy but I guaranfu##ing tee you this crap gets down to mid 12's I will buy more.
I know exactly what NUGT is ffs. I been trading the shit for 5 yrs. Really? I use the price of what gold does as a barometer. I know fine and well that NUGT does not follow gold. ROTFLMAO. Jesus Christ give me a friggen break. I've made more money off NUGT and DUST than probably half this board but thanks for the news. Now back to our scheduled program of BS miners.
Nope gold gonna take a swan dive and NUGT will be in 12's shortly. Backing truck up stay tuned.
IT's called "lead balloon syndrome" no flying experience required. Come on 12's I waiting for ya!
Sure as hell you sell then it will zoom up.
Looks like free lead balloon rides are back in action. NUGT will close below 14 today as gold takes another swan dive even as the buck slides as well. Hey looky even oil is down. This day totally makes no sense.
Yea I know and yes frustrating is an understatement. I will just wait and pick up more when it goes down and just keep building my position at these all time lows. It is what it is and I think we all know that. Blue skies will be back maybe not today but there will be the day.