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Wait for the end day to see if its good to stay or out. Looks like it wants to close out the day down in the 2.70's. Any close in the 2.00's isn't good.
Man the longs just cannot catch a break here.
To be honest I think the best right now is to not buy anything, if you are in then average down but, it is best to wait till Monday and deal with it, yes you might miss a bit of a run up but I doubt this weekend will be the high bust out people are hoping for and there will still be other drops coming you can flip to get more shares without adding more capital. but at least you wont be down more. So don't buy today watch. All indications right now are down. And no I don't recommend Dgaz just in case.
Jmho
gl all.
No just more RS not uncommon to see 2 in one year but within 3 months think authorities should be looking into it. May just be people are listening to neg reports and don't want anything to do with stocks in general especially these etn's more dangerous than others and designed to fall.
The board members are most likely sitting around the board table talking when the next RS is to be implemented, at this rate before the end of year if we get anywhere close to low 2.00. Any thoughts on this happening or does anyone see this getting that low? I am leaning towards the "hope not" the "no way" has kind of evaporated when in what 3 month we go from an RS to 8.10 down to here. Anyone else?
It doesn't look like pre market tomorrow is going to be of any help. Seems to be pretty weak right now.
Edit:
ng down to 2.240 closed at 2.253. See what tomorrow brings.
watch the After hours and the pre mkt, we may hopefully see an answer as to when this POS will be ready to go up.
The actual question is to guess will this continue to drop over night as it seems to have finished its day now and wants to move sideways to end of day and will they continue to drop this to the 2.00's if they do are they intending to go for another RS before end of year. You know before the cold weather starts.
last time it was down here 3.30 - 3.31 held as resistance and a bottom, then went back to 4.00, lets hope it does again. If not then don't be surprised if we hit the 2.00's. There is no valid reason for this drop. But some don'
t want to believe there is manipulation in these etn's, etf's.
Well mid day rally turned into a mid day flop, Will have to wait and see what next week Monday brings. Hopefully the people on holidays in Florida get back home by then and finally realize it is getting colder out. lol
GL everyone.
gonna take longer than it should have to go back up.
Buy and hold may be the best thing to do at this level and time, it will go up some time. ( Jan maybe if not then June when A/C comes on. LOL LOL).
3.30's cumming
Looks like the AH's want to drop this back to the 3.30's
There you go... now that should do it. Lolol
Again it looks like the best time to trade this is pre-market. Was up nicely then.
looks like it wants to give up all its gains.? Hopefully a rally in the aft. and into next week.
"I'm not a big gambler" Now that's a contradiction, if you are trading in these ETN's you are well suited to gambling. LOL
gl
Now that would be good. Soon enough it will be time.
resistance is at 4.07 would be nice to blow past that for a close today. Can always hope.??
Unfortunately we have a gap from 3.48 to 3.60 I hope we fill it before moving up, I would prefer no reason to drop back down later. Just saying it would be nice. Up is a good thing as well.
finally we are for now. Hope it keeps going.
Just looking for other interests, missed on Tsla options, too involved with the other pos, main stock went up 22.00 plus today. Oh well it will do it again in time.
gl
Thanks Otto, take care hope this works out for you, I don't have a clue about tvix so am starting to study it. Seems to be deadly unless you know what you are doing.
Otto, serious question, how are you making out in tvix, thinking about it myself but seems to have more problems than ugaz. You making any headway? it is more volatile so may have better opportunities for the nimble investor.
Man that was awhile ago, brings back memories.
wow 3.52 5 attempts and still holding, don't see any support there, anyone else have an idea?
Nice gap btwn 3.47 and 3.58 would be good to fill that before we go up.
can you elaborate.
3.31 - 3.32 seem be acting as support for now. 30th opening was the only drop below it. Would like to see it hold and move up from there. Time for something other than down.
Gap closed lets see what happens.
3.85 is second level of resistance.
I have a buy at 3.60, flexible will change if need be but would like to get some more a little lower then let it run.
we have a gap in the lower 3.60's would be nice to fill that before we go up so we don't have a need to drop back later.
Wow... fighting to go up? Lets see what tomorrow brings after the reports. May get a felt sorry for ya bounce before going down. Still would be nice for a buy in 3.20 but don't want to see it in the 2's.
the November contract being done today, what do you expect this to be at tomorrow?
good find thanks Otto
so what do you expect for Thursday?
I am looking for a new entry hopefully lower. Will watych pre market , mean time here is some reading for all.
http://www.msn.com/en-ca/money/technologyinvesting/solar-and-wind-just-passed-another-big-turning-point/ar-AAf9JuJ
I am going to pull the pin on this for the weekend, I do think it is going lower and might as well avg down next buy in. If it goes up I will deal with it then a few less shares but not much longer of a break even point. Lets face it I don't see it bouncing up any great amount over the weekend (hopefully not) .20 to 30 would be ok. Mean time downside could be worse.