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Seeing as how oil is dropping so hard, I'm thinking 2.45.
Glad I didn't pull the trigger yesterday.
Sounds good to me. Also watching the insane moves in WTI. I don't believe most of the traders on UWTI board are catching the trades like they say they do.
That's where I would buy it. You must mean a stop sell order.
Another dollar to go.
I was thinking 2.65 if Earl bounces off of 28.80.
I was eying it too. When it jumped a wee bit at the close, I thought I should have bought. Oh well.
You have a plan on getting in?
Gap @16.60. NUGT @21.70ish
Yep, and this will go down with it.
Not sure about 26. That's only slightly lower than the low. To be a bottom, I would expect it to be lower or to form a double bottom slightly higher than 27. That's whay my target is 28.80.
I'll target 28.70
Maybe Earl goes another dollar lower from here.
Hit and fell through. Earl looking mighty weak.
I'm not in. Looks very weak to me. I think going lower.
I was hunting it, but it didn't back track to my buy point.
The more I look at the chart, the more it looks closer to 2.10ish.
With a 50 cent difference, one of us is horribly wrong. ;)
30.90. That's my guess.
I'm thinking 2.18
Not surprising. Anytime you see a long naked candle on the chart, you know it will be retraced. Just a matter of time.
32.60. Great minds think alike. I was looking at 32.80 or possibly 32.40.
Thing is, it hit the gap pre-market so the gap is still on the chart. Tells me there are some massive swings still to come unless SA really does decide to cut. That is doubtful.
If you didn't dump, you're back even.
Yeah, I did. I would have gotten killed big time. I did squeeze out a tiny profit on a rebound.
226 now. The gap is at 220.
I'd be happy if it just got back to 12.
Remember "Peak Oil?" It was a farce. The glut may be a farce as well.
The DOW and oil have been joined at the hip so if it continues to drop...
Good goin'! I have been on the wrong side a few times this month.
Well, that didn't work.
I'm on the dark side with a tight stop.
Ah yes. Since you replied to NUGT post, I wasn't sure which target.
I forget. What was my target?
But, Oil looks like it wants to head back to 28. That might be the spoiler.
Broke open. Might go to 32.