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I doubt it will go much above 5K but that number is not out of the question. I'm here to make $ so I will have no complaints if yellow hits 5Gs. If the price does drop below 1K I will be out on the paper side and will purchase more physical.
GLTY
NUGT
I would like to see $12.52 soon. That would give me 9% return but I always strive for 10% on NUGT and DUST.
$13 would be nice though!
NUGT
How about 0.25% rate hike plus QE-4? That ought to make it REAL interesting.
:)
I agree though when the dollar corrects UWTI is gonna go up.
UWTI
Udjusted my buy down to $9.75 then to $9.50. Got filled at 9 1/2. I hope we ride up from here. I said we might see below 9 today. LOD was $9. I'm averaged in at $11.17.
Ya'll think this is goona hit the 13s or what?
NUGT
Looks like the rocket is smoldering on the launch pad.
I have a buy stop in at $9.75. Looks like we might get a second chance at shares under $9 today.
NUGT
Between Clay Trader and Phil Grande I am going to be rich some day!
Clay, I love your chart vids. Very infomative.
Tomorrow gonna be interesting on Nugget. :)
NUGT
Since I am bag holding here anything under $10 is a bargain for me.
I put late buy orders in for $8.64 and $8.99. Neither got filled.
I still think gold may go a little lower. The bugs are now calling for $1134 for a bottom, then a climb to $1226 with normal corrections along the way. I don't know where they dig these numbers up but they know more than I do.
I think I will grab something tomorrow after the morning rush assuming gold climbs over night. If she tanks again if and after I buy I'll just average down like I normally do. I really don't want to average down over $10. Ihub is calling for NUGT to climb to $12 - $13 before a correction. We'll see.
So far in the past year I am 5 for 5 on profits with NUGT, DUST, and JDST with profits in the 10 to 29% range. ZERO losses. My sell timing is usually withing $1 of the top but my buy times SUCK! I need to get better at charting on the buy side.
GLTYA
NUGT
I will gladly scurry off to my hole but I want to gobble up some of these sub 9s first.
:)
NUGT
Sorry, I meant gold gonna bottom out around $1130.
I might average down today on NUGT.
NUGT.
You wish Shorty!
Gold gonna bottom out around $1030, then move up.
I'm a bag holder here. Gonna average down today, maybe.
Took 11% profit over in DUST yesterday.
NUGT
Scott postin' the stock is up 49,900%. lol Really Scott?!?
I'm a bag holder here.
CBMC
Looks like the bear is waving that bear pennant like a big dog, er bear!
NUGT
Out of DUST with an 11% profit at $22.36.
Gonna jump into NUGT now and average down my 13s! OUCH!
This thing is so over-sold!
NUGT
Out of DUST for $22.36 with a 11% profit!
Woohoo!
Gonna play NUGT now.
DUST
Should I stay or should I hold now! I can hear the lyrics, modified for stocks of course! lol
Missed a chance to make 10% twice today. Guess I should put my sell order in.
DUST
Not unless I buy then it will drop.
lol
Watching NUGT.
The voices in my head, I mean on the radio and Internet have been saying for a while that we might hit $1130 before we hit $1300. I don't see gold dropping below $1000 any time soon. The bears are yelling $1130 and the bulls are yelling $1300. All I know is that I want to be yelling PROFIT either way.
NUGT
Probably be like rapping the Death Star in duct tape just before it blew up. So no, I don't think it will help. We'll be on a downward trend until October.
I'm in a $13 and some change so I am feeling the pain here as well.
NUGT
I hope there is support oh around $5. lol
I want to bag me some profit over in DUST before I jump back in over here.
NUGT
W on the 10 day, over-sold, MACDaddy crossing over and moving up?
$$$???
NUGT
Looks like a nose-dive on the Pre chart. I'd like to see us climb another 40 cents from yesterday's close.
UWTI
I think $1220 is the ceiling. We'll hit $1150 before we hit $1300 again. I am playing the other side for now.
NUGT
Oh shut it! lol
I have tried twice in the past few weeks to get more below $14 but have been to slooooooooow on putting my orders in. I am keeping a buy order in for $13.99 until she fills or my current shares make me a 10% or better profit.
Someone here said about a month ago that there is a gap around $22 or $23 that needs to fill? I could not find it but I need this to hit $22 unless I average down.
GLTY
DUST
I want to see oil drop to $0 and see how that affects pump price.
I bet UWTI start moving after first quarter.
UWTI
I'm bag holding over at DUST. Tried to average down today with no luck.
I made a profit on JDST last month so there is hope!
I won't be back in JDST unless she drops below $7.
JDST
lol
I'm out on NUGT and JDST with profits. Stuck bag holding on DUST and UWTI now. :)
But yeah these 3Xers are way more fun than some boring ol' conventional stock. The only thing more fun would be a penny.
I'm holding out for $13 here on UWTI.
UWTI
I have been playing 3Xers over on gold. The positions that I held for 5 to 10 days are the ones that got me up to 29% profit. But the longs that I held because I got stuck holding the bag never got me more than 15% at best.
UWTI
From what I am learning is if oil goes from $40 to $80 rapidly this stock will hit $30+ easily. BUT, if oil climbs slowly from $40 to $80 then the best that we can hope for is $13+.
My goal is to accumulate 1,000 shares at an average price of $3 and when she hits $13 to pay my hybrid off.
I KNOW! I KNOW! I should not be allowed to buy UWTI because I own a hybrid! WHATEVER!
UWTI
The $ is topping in its current cycle. If the $ corrects we could see a bounce in to the $4 range easily.
UWTI
My bad. I meant RUSL not RUSS.
Back on topic I think the short play is DWTI and the longer play should be UWTI.
UWTI
RUSS dropped to $5, split to $10, then took off to $20+. I tried to get in under $4 but no luck.
I am loading UWTI. I am betting on making more with the climb on oil than I will lose on slippage.
Gambling it FUN!
UWTI
Like I said, quick bounce over $4 possible this week. Scott reporting high over $4.00 today.
:)
UWTI
Canadian Pacific Railway which is a mega crude hauler in Canada is going on strike this week. Libya announced crude delivery issues due to rebel activity. And I think US iron workers at refineries are still on strike.
Point is we might see a temporary bounce over $4 for a quick profit taking this week.
UWTI
Me and my partner in crime are hoping for $4.20. Rinse and repeat until oil stabilizes.
UWTI
I normally hold 5 to 10 days. Longest I have held NUGT is 60 days. Made 10%.
NUGT
W formation on the 30 day.
MACDaddy has crossed over but not sure if it is going to head up.
Money flow is in the overbought range.
Keeping my fingers crossed.
DUST
I held a 3x gold fund last year for more than 60 days, no slippage. Made 10%.
Will be the same here for the longs. Not sure when any fees kick in but the upside should out way any little bit of slippage which is what? 8% annually?
UWTI
The whole market is schizo! $ up, gold up (over all). Then when gold pulls back a little so does DUST and JDST. I wm like WTF too!
JDST
My first play here grossed me 21%.
JDST
$30 long slippage be damned.
UWTI