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Called it...next test I think will be 16.50
PMI better then forecasted...expect to see 16s shortly
Still waiting to reenter
Theoretically yes, but clearly irrationality is still alive lol.
Actually it does....we trade on how miners trade not gold...miners can deviate from gold just like stocks can deviate from there sector and competitors...simple as that...just because gold is up does not mean miners are up. So it makes sense that because miners are down Nugt and Jnug are down...in this case gold is also down.
I'm waiting for low 17s on jnug. I think from there gold will take another bounce.
Aint this an interesting Friday
Waiting for Jnug to get into those 17s...looks like it wants to head back there.
I'm glad I sold the other day right before close...Waiting to see if this gets back to the 17s area...then I may buy.
Don't think so...once the FOMC starts talking, I see this going back down.
PMI didn't beat forecast as I expected so the above comment is likely not going to happen.
Debating about where to get back in.
gold falling..
I got out 2 minutes before close yesterday...I think the economic data is what is partially stifling this run...but I'll wait until stability returns.
Debating about getting into JNUG at this price...Can't see to much downside.
Very interesting movement
To buy or not to buy that is the question
In between gold will dip and if it doesn't blow through resistance, it will retest...may have sold a bit early but can't go wrong with taking profit. :) I'll be on the sidelines until entry prices come back.
Better than forecasted but we have a lot of data coming out today. Should be interesting.
Sold yesterday and made a nice chunk. We'll see if we get a dip before a rip today.
Already busted lol :)
Same here.
Exactly...once she shuts her mouth, we'll move up again.
I think gold is about to bounce off of pre-yellen meeting number...
Holding JNUG at 17.90 and NUGT at 19.40
Gold pushing 1340...Looking for 1350 EOD
Sold a little early...multi day run here now...should be a good week.
22 incoming
No rate hike confirmed.
I think the uncertainty is priced in..I don't think the full extent of a decision either way is...
Same...based on economic data and how their dodging anything until after President elected, if they were to rate hike, you'd see even more bad data along with a major drop in equity markets. There trying to avoid anything that can bias the election as well as keep the market stable...They should raise rates regardless, becuse there starting to set precedents which is not good.
2 est or right around there
Looking good so far, lets keep it going.
Might want to read what there doing. Don't expect DUST to have a good day unless they raise rates. Today is the day to be in Nugt.
Just wait. We should have a nice day today. All 4 indicators negative today.
So market data this morning has been negative. Way for gold to turn around.
Building permits lower than expected
Actually it's less than 10%. Fed us to chicken to do anything.
CHK loses appeal in 438M bond hearing.
September Rate Hike Odds at 9%
GDX turned and back up we go....hopefully the upward momentum will continue.