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I agree CJ and thanks for everything!
GOODFELLAS for LIFE
Awesome buddy! lets keep it going next week, cheers
Have a good weekend all!!
Smart trading bud! you are holding some good ones at the moment and locking in gains along the way, congrats!
UGAZ will have it's time to shine soon enough...IMO
Have a good weekend all!!
NUGT- I think that is the right move as well. Waiting for it to come down and test support at the 50dma. If it does and it holds I'm buying;)
I'm expecting it to happen because It hasn't come down and tested the 50dma support yet since breaking out from double bottom lows.
We shall see
Ok I'll be sure to keep you and the board posted on any NUGT entries going forward.
I just hope I'm not being too hesitant with it like I was with RUSL the other day and missed the move from $16 to $20.
I'm waiting for dip to test the 50dma, then I'll consider jumping in. i hope it's the right move;)
TVIX- Nothing wrong with locking in some profits but this one is heading for a much bigger move soon...IMO
TVIXit bounce beautifully off the 50dma as predicted. This one is trading very healthy at the moment and bullish ascending triangle pattern continues. Watch for a major breakout in the coming days/weeks ahead...IMO
TVIX +11% KABOOOOOOM!! Yes once again it bounced beautifully off the 50dma support level as predicted. This one is trading very healthy at the moment and bullish ascending triangle pattern continues. Watch for a major breakout in the coming days/weeks ahead...IMO
UDNT- Not very volatile at the moment as the money flow into this ETF is very low right now, however when the time comes to bet against the US dollar watch how quickly the volume will surge on this one...
I agree, holding off for now. Thanks for your thoughts and opinions
$TRIN- Arms Index Introduction
Also known as the TRIN or Short-Term TRading INdex, the Arms Index is a breadth indicator developed by Richard W. Arms in 1967. The index is calculated by dividing the AD Ratio by the AD Volume Ratio. Typically, these breadth statistics are derived from NYSE or Nasdaq data, but the Arms Index can be calculated using breadth statistics from other indices such as the S&P 500 or Nasdaq 100. Because it acts as an oscillator, the indicator is often used to identify short-term overbought and oversold situations. A moving average can also be applied to smooth the data. The terms Arms Index and TRIN are used interchangeably in this article.
I am going to go over this some more this weekend.
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:trin
Interesting... I'll have to research this a little bit more to get a better understanding of how the indicators work. Also going to follow it from now on. See you learn something new each day, cheers!
hey you cued the TVIX rally monkey.lol
Cheers;)
NUGT- Was eye balling it in low $16's today and didn't pull the trigger, d'oh!
alrighty!! how much you wanna bet.lol:)
TVIX- Next wave upwards takes it to $4+
Ascending triangle pattern beginning to tighten up. Watch for a major KABOOOOOM in the days/weeks ahead...IMO
I wish you luck on holding but I don't recommend it, today is profit taking day... Hopefully I'm wrong, BOL;)
Nope, markets are heading for another big dip...IMO;)
TVIX- Buying at the 50dma support level has been the golden ticket for weeks now.
Buckle up for another swing upwards...IMO
Ascending triangle pattern continues:)
UWTI- Congrats on another awesome day, but don't push your luck. Good area to lock in gains today 3.70-3.90 range...IMO
TVIX- buying at the 50dma support level has been the golden ticket for weeks now.
Not only are the markets up and the dollar is ripping again today, but TVIX is now in the green.
LMAO WTF is going on???
LOL so did I buddy, but when it comes to TVIX we are usually too early. we got itchy trigger fingers.
Adding on this dip isn't a bad idea...IMO
Well I've been trading for nearly 20yrs now and I've never seen such a blatantly manipulated markets like we have seen in recent years.
Nothing makes anymore sense with the markets and it's never been so impossible to predict. Why I often say " same game but the rules have changed"
imo
No not yet but It seems to be holding right around the 50dma where it had found a bottom on the last two dips. let's hope we get a bounce off it today.
I think It's pretty clear to see and simple to understand. The markets are completely artificially manipulated by the 1% now.
Retail investors(main street) have no control over anything on wall street.
The game is rigged!!
It looks like the markets heard me yesterday, TVIX falling hard in PM on good jobs report. What a shocker!!
UWTI @ 3.65 in PM trading