investing & flipping
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Oil might make a nice climb as well.
NUGT
Made 26% and 13% shorting the S&P over the past 60 days. Lost 7% as well but net gain overall.
S&P gonna retest August lows and head on down to 1550.
SPY
I agree on the QE-4, it's coming.
NUGT
Made 13% this week on SPXS
SPXS
I am bag holding so bad here!
UWTI
In a death dance.
UWTI
Market gonna blow up this Fall. Gold will lead us out of the bear cave.
NUGT
I play NUGT and JDST depending on which way gold is going.
NUGT
So you handed your balls over to the boss to keep in the lock box over the weekend
?
Hate when that happens.
NUGG
I am averaged in at around $6 so I feel yo pain.
GO NUGT!
I am averaged in at around $6 so I feel yo pain.
GO NUGT!
I was leaning towards 0.25%.
My NUGT position just took off.
NUGT
Big drop in DWTI in August. MACD isn't even close to crossing over. Short term rally coming to oil perhaps?
DWTI
Me too! After lunch I was like !$!$!$! then I realized it was a split and my price on Scott had not balanced out yet and then I was like :(
UWTI
I think this thing has to go to like $3000 for me to break even or something. lol
Going long not by choice.
UWTI
They talk about anything and it's gonna be QE forever. Markets gonna eventually raise rates on their own and then it's on for real!
Long on UWTI
That 10% correction we just had was the warning shot by the bears across the bow of the bull ship (almost typed it wrong lol!). I have a short position on the S&P and a bull position on NUGT. Might put a hedge on JDST just in case the manipulators do a Sunday night reversal on us.
NUGT
I'll be happy to get in under $10. Looks like low 9s now. You might have to get in after hours for sub 9s.
JDST
Made 26% on SPXS this week.
Can't wait to play again next month.
SPXS
I hope it doesn't. I want to get back into JDST under $9 for a flip.
JDST
Fizzle sticks! Oh well. I think the correction this week was the shot across the bow. After the next drop I think gold will lead us out. I made 26% shorting the S&P. Losing my arse on gold, oil, and Russia.
Long on NUGT.
NUGT
Gold going lower short term but the new uptrend target is $1206 down from $1250. So assuming it does hit $1200 I am guessing that puts us around $7 here?
NUGT
I thought for sure we would hit $1190 on Friday.
I need $6.85 to net 10% profit.
NUGT
I bet we see $1190 EOD tomorrow. $1200 Monday morning.
I need $6.85 to take profit$
NUGT
lol
I'm hoping for $3.91 at this point. Sheesh.
Guess they are dusting off the split key.
UWTI
I think Rick Ackerman has been calling for $817 now for months but that call is for next year.
NUGT
Scott showing allot of green on the volume for the past two days.
Go NUGT!
I doubled down on my principle yesterday at around $3.85 bringing my average to $6.02. I was going to split my second principle investment in half just in case we got a drop today. Looks like I should have done that since we set a new 52 week low! I could now be averaged in at under 6.
Oh well. Sit and wait I guess.
NUGT
Closed GREEN finally!
NUGT
I don't like the looks of the chart but since I had a hedge at $10.50 I decided to average down at $3.85. I'm averaged in now at $6.03. Might put a sell stop in on my new shares but we'll see. Damn thing could gap up crazy at any time if their is a short squeeze.
NUGT
Correction, I just checked. I averaged down FOUR times on both before making the 10 and 16% profits.
NUGT
I held NUGT last year for 60 days and averaged down twice to squeeze out 10% profit AFTER fees but BEFORE taxes which is 27% for me.
Just made 16% on JDST a few weeks ago after holding 58 days. The 16% was after fees and before taxes.
NUGT
I had to average down last year on NUGT 4 times to squeeze a 10% profit. Then this year I had to do the same on JDST. Made 3 good trades on JDST but effed up on the last one. But I was able to squeeze 16% out of it after holding for 58 days.
I am going to average down on NUGT when the chart gives me the chance.
NUGT
I said gold had an $1140 date before it will see $1200. I was right. And you sir are right about $1300 to $1400. However, gold has a date with $1000 before we see $1300 to $1400.
Get ready for a bear market rally, then a crash, then a bull market in gold.
NUGT
Glad my forward buy order of $6.25 did not fill yesterday.
Not sure if I am going to put an order in today or not.
Eying $5.50 to $5.75 as an entry point.
NUGT
What, are you a turkey?
Gary Savage is calling for I think $10.50 to $13 here on NUGT.
NUGT
I put a forward buy order in at $6.25 after lunch with no bites.
$1140 before $1200. Watch the volume.
NUGT
I don't doubt that we will see $1200 again this year. But we will see $1140 first. Then, sometime next year (2016) we have a date with $1000.
I have a hedge here at $10.50 so I think I am going to have to average down if we get down around the $6 mark. My target average is about $8.
NUGT
Waiting for that gap-up to fill from July 7. Then I will load up again.
JDST
Stopped out at $22.85 for a 10% profit.
Will play again later.
RUSL