investing & flipping
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I wanted to get in under $10 so Monday looks like my second chance. It dipped below $10 on Thursday but I did not bite. I would not be surprised if we see below $9 tomorrow. I think this gold rally will be a short fizzle.
JDST
During the delusion faze I am going to prostitute myself out so that I can buy lots of JDST and DUST. Or just short NUGT if I get a margin account.
:)
NUGT
I say we see a small 1 to 2 day rally like we just had. I doubt we get much above $1220. I think $1225 is the concrete ceiling.
We might see high 12s here then back down we go.
NUGT
I think a few cruise missles could take Jesus and the 12th Imam out with no problems. Tomohawks are suppose to be able to hit a 3 meter target just saying.
:)
And what about Imams 1 - 11? Are they just chopped liver?
I am betting on a gap up on Monday for UWTI.
UWTI
RECORD 93,175,000 AMERICANS NOT WORKING...
Record 12,202,000 Blacks Not In Labor Force...
Record 56,131,000 Women...
January, February jobs numbers revised down dramatically...
Fed Cuts Growth Forecast to Zero...
WWW.DRUDGEREPORT.COM
Note the growth rate is at ZERO!
10 year bond dropped to 1.8%. The 10 year is the best test of the economy since the 1920s. A strong economy will have the 10 year yeild around 4%.
Still bag holding on UWTI but I am here for the long haul.
UWTI
PS How is that hope and change working out for you?
I went redical and played JDST off against NUGT and made $$$.
You should try it.
NUGT
I was right about us most likely not seeing $11 today. I said these usually run for about 3 to 5 days. I forgot however that the markets are closed Friday so the Jews can celebrate offing Jesus. JUST KIDDING! But I think the 3 day weekend might cause gold to cool off just enough to keep me bag holding in NUGT.
Still think we might get up near 12 tomorrow.
NUGT
Seems like JDST is making higher lows? First time I bought this this year it was in the 7s. Last purchase was in the 9s. I'd like to get back in under 10 with a bigger principle interest.
JDST
Sold my JDST yesterday at the closing ding dong for 23% profit. Still bag holding over here in NUGT at just over 11. I need $12.35 for profits but I doubt we'll see more than 11 today IF it holds. Hoping for 12 plus tomorrow. These swings seem to run for 3 to 5 days?
NUGT
Glad I sold yesterday!
Wow!
JDST
OUT AT $12.53! I had to put on my brass ones this morning after that drop. I was going to put a sell stop in at $11.96 but held off until after lunch. I bought last week for $9.96. So I grabbed about a 24% profit.
Still bag holding over at NUGT. Glad I put my hedge in over here.
JDST
I make 10 - 29% flipping these without any fancy trading tricks.
NUGT
My shares closed up with 20% profit. I am holding one more night. Hope I don't get hosed!
JDST
I am playing NUGT in the low $11s and got into JDST today in the high $9s. I have played both sides at the same time like this before and took profits on both (not at the same time obviously).
A $2.25 move up on either one of these gets me 10% profit or better.
:)
JDST
$1200.30 at 11:01pm eastern. 1200 broken. If this trend continues we will see high 12s tomorrow during power hour.
Profit taking time.
NUGT
I hope you are right.
I'm going off the rails and using JDST as a hedge even though my hedge shuld be in DUST. For the same $ amount I only need JDST to move $2 to make 10%.
Still hoping for profit on NUGT.
NUGT
I lowered my sell to $12.30 this morning but the high was $12.28. I put an advance buy order in on JDST as a hedge.
NUGT
I hope you are right since I am a giant bag holder here! I'm willing to get out at a loss of $125. Currently still down $150 after the pop.
GL!
BITCF
Pipe dream.
We'll be lucky to close above 12. I'm holding for $12.85 minimum.
NUGT
You called it.
Good call.
JNUG
I was waiting for under $8 but I think 8 - 9 like you say is more probable.
Watching JDST.
JDST
I dipped my whick and lost my azz. I am burried at $3.40 here. Planning on averaging down next month if we are still in the low 2s.
UWTI
$13 would be nice but I'll settle for low 12s. I was up 13% today but taking those profits would not have paid for dinner tonight. My wife likes to eat.
I can't wait to see how high this goes when the stock market blows up. I'd like to see that gap sooner rather than later.
NUGT
I need this sucka to go up about another $1.25 in order for me to take some profits. My shares did close green today but not enough to break even.
NUGT
Who would start WWIII on a weekend? Start it on a Monday since Mondays SUCK anyway.
I might average down but I am playing a little more with gold and Russia at the moment.
Bagging holding on UWTI at $3.40.
UWTI
Somebody smoking shares of his weed stocks. lol
Just kidding.
I don't know about $1400 but I bet for sure we will top $1300. The dam is starting to crack on this propped up market. The Fed can only plug so many holes.
NUGT
I need $12.35 to net a $50+ scalp.
If we go over 12 it won't be until next week.
:(
NUGT
Don't feel bad I am averaged in at $11.17. I should have averaged down when she dropp below $9. I could have taken profits today. Looks like I may have to wait for the next run.
Also should have doubled down on my Russian stock. Could have taken profits there this week too.
Oh well. Always another run.
NUGT
I bought JDST for under 8 and sold for under 9. Wish I had stayed in longer.
Bag holding over here on NUGT holding for high 12s.
NUGT
Leave it to the gooberment to screw with common sense. I think the SEC considers under 5 to be a penny. I think it use to be $3. Common sense would dictate under $1. But logic need not apply to government decision making.
I'll load more down the road. I still think we are going to wake up to a split one morning.
UWTI
So is Clay like the Grim Reaper or something around here?
I'm stuck here in UWTI so not much I can do about it but wait.
UWTI
Technically under $5 = penny stock.
I thought for sure they would have split this when it dropped below $2. They must know something.
UWTI
That will give me about 12% profit. Will have no complaints.
:)
FINALLY this board has some life back in it.
NUGT
2PM today.
Looks like I might be right about the $10+ COB today. $ just lost some air.
NUGT
Fed pumps the $ we see under $9.
Fed lets some air out of the $ we see above $10 close.
:)
NUGT
Guess I should not sweat my 431 shares at $3.40! lol
I want 1,000 shares before the move starts.
Good luck all.
UWTI
The $ is not done. But we might see a normal correction along the way to to higher highs for the greenback. Might be able to take some profits on UWTI if the $ backtracks a little. Gotta see what The Fed says this week.
UWTI
LOL! Peak oil has about as much credibility as global warming. Bigfoot and the Thunderbird have more credibility. I believe in Bigfoot by the way. Not sure about that Alaskan Thunderbird story. I think that one is BS.
At these levels I might have to load more. VERY tempting. Unless Putin lobs a nuke over the border into Ukraine I think we will have plenty of time to load OR time to hoard cash to load when you think this might start to move. What ever your strategy, oil is eventually going to go back to $70+. The question is how fast it will move.
GLTA
UWTI
The $ run won't last forever. The question is how much pain can you endure here waiting for the Greenback to correct?
I'm in for now. I need at least $4.20 to take at least a scalp here.
UWTI
Losses are part of the game.
My record...
2012 - no wins/losses
2013 - no losses/gains of 53 - 103%
2014 - $4,000+ is gains/$400 in losses or about 9%
2015 - 10 - 19% gains/no losses "yet". Key word "yet"
Bag holder on UWTI averaged in at $3.40
Good luck.
UWTI