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Don't you mean all bets are off for any pull back if they bomb NK submarines or anything NK war related?
Interesting? How so? They dive like clockwork almost every day.
Right but I wasn't tryin to rub salt in the wound bro. Tradin this sheet is so dam tricky it can go either way in the blink of an eye. I not hoping for rockets to fly but IF they do yes gold will soar like an eagle. However I agree with you on the "gold buzz". Good chances that it will fall back a little bit since we are at the resistance level it was at last time and yes don't chase because you know what always happens lol.
Unfortunately DUST was not the play today. Stay with NUGT and or GDX! With all the tensions with that idiot in NK and dragging Guam into the mix as a potential attack point uncertainty most always drives gold up. 5k shares NUGT riding for gold to shoot up in August. So far right on target. Be nimble be green. JMHO
Yup it never fails lol. When you buy, it goes lower when you sell, it goes higher. This happens 99% of the time.
More like pathetic. It's boolsheet on the bullshit. That's fine I will wait. Take it down to 26 and I will just load more again no biggie.
Believe it if I see it. They have great news last night but it still dives like a rock.
Ok gold is going up dollar is going down yet NUGT is going down and GDX is barely up. Really??? This is some real BS.
As a matter of fact, just this morning the company re-iterated its commitment to its growth in the eSports space, announcing it will be attending the Star TrekTM Convention in Las Vegas, which runs from August 2-6.
In anticipation of the release of Pocket Starships: STAR TREK Borg Invasion, SPYR will be participating in the following three separate panels at this year's convention:
Thursday, August 3 @ 4:30pm in the DeForest Kelley Theatre
Two Universes Collide Panel
Friday, August 4 @ 11:45am in the DeForest Kelley Theatre
Inside Trek: Star Trek Gamers & Their Games
Friday, August 4 @ 3:30pm on the CBS All Access Stage
Inside Trek: Ralf Adam, SPYR GAMES
"Our participation in the Star Trek Convention will allow us to get the word out to Star Trek fans about the soon to be released Pocket Starships: STAR TREK Borg Invasion," said SPYR CEO & President, James R. Thompson. "We hope that they become as excited about the game as we are!"
Although the news is nothing earth shattering, if the company's soon to be released game, Pocket Starships: STAR TREK Borg Invasion, is extremely well received in the gaming world, we could be on the verge of a whole new ballgame for SPYR.
That is Eastern Time and basically the old bag gonna be around Wednesday and Thursday with her bag of crap.
Yellen opening statement for her testimony to the House Financial Services Committee will be released in Washington 8:30am. Then she will give her semiannual monetary policy testimony before the House Financial Services Committee at 10:00 am. She will also testify before the Senate Banking
Committee in Washington the next day at the same time.
Yes the wicked old bag lady comes to the stage tomorrow and Thursday. I sold my 28 positions and kept my 25's and 26's. Maybe the old bag will let me get some more 25's or lower. We shall see. GLTY
No 7's are 28's and 5's are 20's. plus when I had the 7's I had full boat shares. I agree if I had full boat shares at 28 and it fell to the 20's yes that would be suicide and lose a ton of money. This time I not riding full boat shares. If it fell to the 22 range and I used the rest of my shares to buy them then I would be full boat. Of course if it fell below 22 it would be a nightmare. The hope is that it bounces back up and gold shoots back to the 1300's. It a gamble.
The 7's are now the 28's bro. Follow me? It the same difference. I'm not talking about buying actual 28's and the etf falling to 7. Mercy noway that would be a different ballgame and I would never do that.
Well I tell you. $22 would be the low end of the target with $25 most likely where it will go on this drop. I hold this ETF for 3-4 months playing for the long term bounce back to the $40's. I have been waiting a while to even get the 27's with an initial target of 28.90. As you know gold has a mind of it's own and can turn on a dime in either direction. Last time I played this I was in around 7.20 (pre spilt of course) and it in fact fell to the 5.51 figure. True I wasn't real darn happy but I stuck with my conviction and it worked it's way back to the 13.70 high. It just so happened to be a good call and was lucky. The way I figure you have to get on somewhere and if I can get on the train lower than what I originally was willing to get on for then it a deal. The difference is I don't go all in at one time I stage it in so if you get say some 27's and maybe some 25's and maybe the low side of the target I am then averaged in on the low side. You know and I know nobody can ever pick a bottom nor top but if you want to have a chance to make any money then you have to step aboard and take the gamble.
I bought the 27's for 40% of position I had before Easter. Will look for the lower 20's to complete. I told ya'll don't chase let it come to you and that is exactly what it did today. I look to see gold drop even further possibly the December lows and that is fine. Will be all loaded up and wait for August.
Exactly right and while you are waiting set your play. That being upper 28's. No need to rush into it. Let it come to you don't chase. Hook bated GTC. JMHO
Italy elections only 50% showed at polls. Gold dives 15 bucks.
Remember what I said yesterday about the trigger in the Nasdaq and that there was a good chance it would sell off? Well two days in a row it has done just that and as I said if that happens gold will shoot up along with NUGT and GDX.
I not buying this BS. I say this drops to mid to upper 28's low 29's before it is over.
Yep and the dow sold off as well. A day doesn't make a trend however if the market continues a major sell off look for gold to go up as well as GDX and NUGT.
There's the trigger. Market selling off therefore gold goes up.
The market needs to get back positive to continue from yesterday. Remember I have said it several times before, that when the market keeps breaking record highs most probably gold goes down. Whats hurting today is the Nas. The bottom line is if the Nasdaq closes below 6193 today, that will be the first sell side trigger. If it holds it's a wash. If the flush happens chances are usually good from here to close. I am betting we close NUGT close to 29 or a little below say 28.90. JMHO
Yea I know the flush could take it to 28 but what I did was take the average of 29 and 28. If it hits in that range at least I back on board.
Same here order in 28.50
Getting ready to bust into the 28's shortly.
You too Citrati and happy fathers day to all the fathers.
Well honestly I do know the dollar has been fading all day and usually when the buck goes down gold goes up. However gold is holding in that 1254-1255 range and so if the gold goes below this range then NUGT will follow suit. My guess is NUGT will close around the battle front of 30. JMHO.
Well I told everyone when I sold back just before Easter @ 11.45 pre split and I am glad I did because it hasn't come close since. I had an offer to buy 10k shares on the table for at that time, the all time low was 7.20, for several months. It hit back in December and continued to go even lower to 5.51 which I doubled down on. I held those 20k shares until just before Easter when I sold the whole lot. Do the math. Green trades for everyone.
Excuse me but if you look at all my posts l have been very accurate with what I have posted and as again, I told you earlier, the 20's are just around the corner which they are in fact here. I am here not to argue over BS but to trade and make money, which I happen to do very well, and to enjoin with other traders views pertaining to this ETF.
Just for your information I am not a kid. Chances are my kid is probably your age lol.
I know the truth hurts but don't shoot the messenger with your idiotic comment.I have been trading this ETF for years and have never lost with it.
Ok kids the 20's are just around the corner.
Take a look back pres-spit when NUGT held 7.20 as the all time low. I had an order on that for months. Guess where it ended up at after it hit? Smh all right lolol
Also in case nobody noticed the market continues to break all-time highs yet again. This has been one of the longest bull runs in history and as long as the stocks keep going up most usually gold will go down. I check the small cap and micro cap etf's and if you notice they have broken to the upside rather quickly. Have a look at the two charts of IWM and IWC - one tracks small caps and the other tracks micro-caps. See all of the sideways trading activity for weeks and weeks? Just this week, both broke to new all-time highs. Be careful I have my bottom traps set in the 22-23 range for NUGT. I am in no rush to buy back but the orders are in at the low side. JMHO and GL to all.
Yup and I hate to tell you it is going lower.
FEYE has been on a tear lately and all of a sudden it takes a major dump today. Bear trap at its finest lol
Not very weak right now gold is pushing towards 1300.
More like 1% and I agree the risk reward isn't there, at least currently. I sold out just before Easter and NUGT is still far below what it was then which was pre split 11.50 and now would be 46. Until I see the 28's I will continue to be on the sideline. I will never force a buy on anything. Sitting waiting with cash in the bank is far more comfortable than sitting holding something under water hoping for it to go up. JMHO