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Got out with a decent profit.
DJ Oil Prices Rise on Expectations of Continued U.S. Production Drops
Picked up NUGT with the world's tightest stop.
I'm down 15% on this round. Not fun but survivable.
They claimed they can withstand, but we'll see.
Something's up. Hopefully they are not planning to cut the dividend.
You know I'm pulling for it!
Somebody's determined to take it down, but to where? RIG and XOM are not dropping like this thing.
Anybody's guess.
MW U.S. crude oil inventories rose 961,000 barrels last week: EIA
You might be minding now! 9.05.
Wish I had waited! It's cool. I've done very well over time with it.
I was in @10.36 before this dip. Finances weren't great but I think some kind of shenanigans are going on with the price. I could understand it if they had canceled the divy but so far it's still in tact. Just hoping it bounces soon. Hope I don't have to ride it out until the divy makes up the difference. I would hold off until it's done with this range.
Came from a 1,500 deficit to plus 500 today on NUGT. Took the money and ran. Still holding UWTI.
High of 7.71. Next resistance 8.70.
Feels a bit like the old days.
There's a gap @49 on the daily. Just sayin'.
Holy shit...7.54
Busted through 7.20 with ease.
If stabilize means 50, I'm a happy camper.
MW UPDATE: Oil futures volatile after Saudi pledge to stabilize market
Back to 7. Welcome to the roller coaster from hell.
Nothing quiet about this spike. Can't find the catalyst though.
Turn off CNBC and turn on the chart. Life is much better that way.
must be a new contract.
Great get on NUGT!
WTI is @40.15
What the F was that gap down just now??
Either it bounces off of 40, or it doesn't. Stay tuned.
Congrats!
Good one. I loaded up on UWTI and took another swing at SDLP. Holding for now.
Fed minutes super non-committal. Silly talk.
Anybody's guess. I'm based on the chart. Hope Smelly doesn't spoil the party.
In for the Fed.
In UWTI. Good a time as any guess. Want to be in for the Fed. NUGT doesn't look like it wants to give up any ground!
Yep! I'll wait for a tiny back track.