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Yup I playing them both. Bought the 48's in DUST and held then bought the 6.90's in NUGT and will play the scalps.
TY bro an GLTY as well.
NUGT is not reverse splitting anytime soon. See gold bounce? By morning it will be up even more.
Yup see the bounce? I loaded NUGT today by morning it will be up. Once people realize a quarter point interest raise is nothing, it had to happen. Big deal. If NUGT happens to go lower I will just buy another 2k shares no biggy. Bring it I say.
If it did but don't worry, see the bounce in gold? I loaded NUGT today. Once people realize a quarter point interest raise is nothing it had to happen. If NUGT goes down a bit further I will just buy more.
TBH I wouldn't be surprised if they don't raise the rate. JMHO
What they have to say doesn't mean a row of pins. The U.S. market is running on its own fuel. Up up and away to 20,000!
Who knows it just seems everything is contrary whatever you think will happen it most generally will be the opposite.
Gold shooting up and as I said a few days back it looking more like they might be thinking about maybe not raising rates.
Has a sound and looks as if maybe they don't raise rates this month and wait till the new administration gets rolling next year. Least that is what I am seeing with the dollar crashing down.
Yes I know that doesn't make sense. Usually when the dollar goes up gold goes down and vice versa.
Gold shot up to 1186 then fell back down to 1178 and now working back towards 1180.
I think it will go further down than that TBH. I'm thinking low 30's.
I've been chilled out in this mfer for months. I not buying nugt till it breaks 7.
Well look at it! Diving like a fucking rock. Hello???
Count on it because it will end up red.
Dollar goes up gold goes down most generally.
I totally agree it was a useless day. I don't even know why they even have the market open for a half day. It's a waste of time.
Yea we all been riding this nightmare train long enough. Time to take action like right now.Ditto too you as well bro!
Has the look of a giant NUGT bear trap. I'll buy NUGT if it gets in the 4 range.
Yup it tested 1173 and bounced back up.
DUST gets to the 60's sell it NUGT gets to the low 7's buy it. That is pretty much how I see it.
The .618 Fibonacci was hit yesterday ( 1182) and a gold bounce is in the cards. We will see what happens tomorrow on a short day. I'm thinking if NUGT goes down to that 7.20-7.30 range to take a position. We all know they will raise the interest rates next month. With that said I believe the interest rate raise is going to run out of gas early and as a a result the dollar will reverse sooner than later still with room to go a bit higher but once it reverses a gold rally will ensue. JMHO
Looks like it time to do a little dancing lol
Bingo looky looky the buck goes up gold goes down.
I don't think it will bro. I think the interest rate rally it over and out. I look to see gold start shining again. Of course when it does I will be looking and picking up a little more of that 30-40 dollar DUST.
Like I have been saying all along don't forget to keep your eye on the buck. If history holds true when the dollar goes up the gold goes down most generally.
Lol that is an understatement
Well when I look at the year chart the left shoulder goes back to last Dec at the 1055-66 level and the head goes to July 16 at the 1366 level and the right shoulder is at the 1200 level currently and to complete the right would put it back in the 1075-1100 area. The difference so far now is the dollar has crushed the all time highs and if it continues to do so that right shoulder area has a better chance of getting there. I agree right now the resistance is 1200 but if that should break then it will be much easier to complete that possible right shoulder. JMHO
It could but in high probability it will dance under 1200 today.
Look at the dollar today it has broken a 14 yr high. There is the writing on the friggen wall. Dollar will continue to go through 101 and gold will fall well under 1200. Make your play accordingly.
I don't care how anybody wants to read, infer, conjecture, debate, analyse, imagine, or ponder interest rate will be raised. PERIOD.
What do you think will happen? I think she will say everything but raising the rate point blank but all her minced words will shine towards a rate hike.
Bro they have to raise the rates. It will be better they do it now under Obumba since the idiot has single handily ruined the economy than anybody in recent history. We have to get rid of the "free" money bs. Let the economy work it's own magic.
I have always said don't forget the dollar. http://www.bloomberg.com/news/articles/2016-11-16/dollar-gains-on-speculation-rates-will-rise-on-economic-outlook
It's anticipation of a rate hike which will happen. Typically when the buck goes up the gold goes down.
Notice the dollar? Shot up over 100.
I wonder now if in fact they will even raise interest rates next month. If they do gold will dive and DUST will soar.
Right if gold bounces load DUST prolly in the 40 range then within a few days gold falls take the scalp. Rinse and repeat.
I agree I jumped in at the 31.50 and flew out at the 40. Was a great flight. Now I sit patiently and won't get back in until the 31-32 spot.