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Better late than never. I got in at $15.75.
Buy low sell high. Buy high sell higher. Short.
All the above methods result in $$$.
DUST
If oil drops below $35 for any length of time the stock market is going to blow up in a bad way. Mega tug-of-war is going to break out in the markets as the plunger team tries to keep the balloon inflated going into the election year.
Scary.
SPY
If oil drops below $35 and stays there for any length of time the stock market is going to crash.
Keep some $ on the sidelines to short the S&P and buy gold (paper, physical, or miners).
NUGT
When the chart sets up add new shares and use the FIFO rule to take profits on those new shares. There is an advantage to keeping red shares. You can sell the new green shares and report them as though you sold red shares for tax purposes.
NUGT
DUSTy might be green again today. You see that 1.4 mil purchase this morning?
DUST
Agreed but not yet.
NUGT
I got out Friday for 13% tax free profits. Went over to DUST today.
NUGT
Sold my shares using the FIFO rule so it looks like my profits are tax exempt and deductable.
NUGT
Tonight's message, probably the go signal for the sleepers.
SPY green tomorrow.
SPY
I hear ya on gold. I made 13% today on 3x gold. And due to FIFO rules the profit is a tax write off.
I am still short the S&P.
SPY
Gonna pull back a little before next leg up. Made 13% today on some tax free FIFO shares. Gonna write the profits off.
NUGT
OK, I sold at $31.28 (in at $27.49). Made 13% gross (7% net). Dinner money.
See you all next week. Good luck if you are trading after hours.
NUGT
I don't trust holding these hedge shares over the weekend. I plopped down $500 at $27.50 so it takes allot of climbing for me to pull dinner money out after tax and comish. I have bigger eggs in other baskets. I am looking to make 10% (7% net) on this this week. They'll probably run gold down at 2am on Monday and then everyone will have non-sellers remorse.
NUGT
Bollinger Bands starting to squeeze this sausage. I have been running a stop on and off all week. Kept wanting to gap down below my stop before the opening bell. Been running a loose stop all day so if she drops I basically break even after tax and comish. I tightened up the stop a little from $2 to $1 but I may be running it real tight after 3pm with the plan of taking profits before the ding dong.
NUGT
I doubled my shares this week but only plan on taking profits on half since my other half are buried in RED. Of course if I do this I think it makes my average on my remaining shares go up? NUGT been good to me this year until she gapped down below my stop and I got trapped.
NUGT
Oh I am averaged in around 30ish. Lol
I am so screwed!
UWTI
This has to be the most hopeful group on I-hub.
I'm a bag holder so your hope is appreciated.
UWTI
I LOVE broken key support levels when I am betting against a stock or ETF.
SPY
Article 5 is just a peace of paper.
SPY
WOW is right! I am showing the VXX chart to my friends that want to start trading. This has all the classic indicators of what a buy signal looks like well defined.
SPY
So you think power hour might be buy bot hour?
Looks like it might be turning now. Shorts covering?
SPY
Shot right through 206 like a downed Russian jet.
SPY
Chart now is having all kinds of gyrations. Mega bear and bull flags all over the chart. I might put a stop back in on my new shares.
NUGT
LOL! I needed a good laugh. Been fighting this cold for a week.
Glad I kept my shorts on.
SPY
Hello fellow bag holder. We need to see if there is a bag holders anonymous that we can join.
T-bone Pickend fails to call it again.
Oil $50 MOS 2016.
UWTI
This needs to hit about 7 cents for me to break even. We are up 200% today. Not sure if you could sell or not with this scam action going on.
ELRA
I got saved with my stop on the S&P but got hosed on a 3x gold position that opened well below my stop. This has happened twice before and I ended up having to wait a few weeks but made profits in the end.
SPY
Awesome! Looks like miners are up 2-3% today. Now if we could just get the market to blow up.
NUGT
QE forever.
JNUG
I stopped out on 1/2 of my S&P bear position today. Keeping the other half in case the world ends.
On an unrelated note, gold miners launched today. Not sure what this might signal other than a bottom for miners. Food for thought.
SPY
I got stopped out on 1/2 of my S&P 3x bear shares today but still have a core position just in case the world ends.
Doubled my shares on NUGT today. Looking for some profits on these new shares hoping for 4 or 5 $ a share. But since I got in a little late due to me not liking the technicals I might have to settle for less.
NUGT
Damn MACD refused to cross!
No Bull flag, no MACD cross, no volume, then I don't buy. Got enough of a cross for me to add some shares with a tight stop in on those new shares. I got in a little late at $27.49.
NUGT
All I know is the 10 day and 1 year charts look like crap.
NUGT
Scott does the same thing. Don't worry though, they already took all your monies.
ELRAD
We seem unable to claw our way higher. I have also noticed that the banks have run out of stops to run on gold. Each midnight takedown seems to get smaller.
SPY
I hope you are right. I am riding a 3x China bull overnight with no stop. Gotta get my stop in before the opening gong.
SPY
Futures today are green pastures. All mega over-seas markets closed green. I still have a short on the S&P just in case.
SPY
Just bought in today at 4:10pm today for $20.12.
Anyone else in?
YINN
Is 20 cents the floor? Check out the 2 year chart. Sucka has bounced off 20 cents four times. Looks like a good solid floor to me.
TLTFF
5050 here. Gonna have to hit 10 cents for me to break even.
ELRAD