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About to get a bounce in Nugt.
Should get to 30-32 before the next leg down.
This target should be reached within the next 30 days.
Is there a way to post a chart from stockcharts here?
https://stockcharts.com/c-sc/sc?s=NUGT&p=5&yr=0&mn=3&dy=2&i=p91059795267&r=1472309274006
Watch gold, if it breaks it's low from last year then gold will officially be dead. Dust will blast past 40 initially before a minor pullback. And then the real fun will start with dust breaking possibly 70 while gold goes sub 1000!
This will then bring an epic buying opportunity in nugt.
Boys and girls there is lots of money to be made here. Let's go get it!!!
Next stop 23.89!!! Last call, all aboard the dust train!!!
Dust is about to blow up, 19+ coming soon!!!
I been burned many times, I will start scaling in on Tuesday as well.
I got in at 15 and got stopped out at 14.50 after hitting 18, this thing sure moves fast. I got burned in the after hours and could not sell for a profit!!!
I have learned with 3xetf, you have to have your stops planned even before you buy or else you will get burned real quick!
Dust should be 30 plus if you can wait 2-3 months.
But I am going to make sure this time and wait for gold to drop under 1250 which should signal a trend change before diving in big time!
GLTA
18.5 is a lock tommorow,
Could possibly reach 19 before the reversal.
Will sell tommorow in the 18.5-19 range.
Will buy back in the mid 17 range.
got in at 15.05,
16 looks reachable today,
will reload on the next dip (50-75c), because this sucker is going to shoot up bigtime after the next dip, probably 18+++.
GLTA
Looking at the 3 year chart, it looks like dust follows an alternating ABC pattern.
Right now we are in a C of a bear pattern.
We should be starting an A of bull pattern soon. I think we have some more down to go, maybe 12-14 before we start the upward thrust.
I will start adding positions once we go under 15 and hold long.
I am pretty sure we will hit the 50's again this year.
Can it be this easy!!!
GLTA
Its obvious that the market will be heading down hard after this fake bounce within the next few days.
Just curious as to what price target range do you all have for the tvix during this next market correction.
I will be buying TVIX next week for sure!!!
GLTA
Well so much for the gold bounce!
Closed my positions in nugt for a loss, and went long dust at 28.50.
Gold going to get hit hard, dust to 40!
GLTA
Seems like lots of people are calling for a gold bounce next week before we head down again at the end of the week.
What are you guys thinking?
I have been scaling in to nugt, I got in mid 25's and upper 24's, will buy some more near the bottom on Monday, might get it in the upper 23's.
Going to hold on till end of the week and then switch back to dust for some real money!
Yes, pretty wild day, can't get a good read on where we are going.
But my hunch is, nugt will be going down tommorow, 2-3 more waves down.
Will pick up nugt at the low and go long, I believe a rally is coming up! Four more waves up, might end tue-wed of next week, then I am going long dust 100% with no hesitation.
Its gonna be great, that is of course if everthing goes according to plan, which never happens! LOL!
sold 75% of my position in nugt
taking a chance I can get a better price tomorrow, maybe low 26's, or upper 25's.
hope it works out!
I would like get out of nugt at 30-32 and get dust at 22-23, then get out of dust at 30.
Money in the bank!!!
I am in nugt 26.09, here we go!
Will be scaling into nugt tommorow, will try to catch the bottom.
Lot more upside to nugt now, short term bounce of course before gold tanks to 1180.
Any buy on nugt now and you will be in profitland by end of next week!
I will of course wait and miss the bottom!
Triple top!!!
I am out!!! 23.70
Too scary for me!!!
I have a feeling we done yet, should get a pull back and one more blast, possibly to mid 24's, then i will sell dust and head over to nugt.
Holding on man!
Very tough to not take profits here!
Hoping for a huge wave up for dust tommorow, then will defect and join the dark side (nugt) for a week long bounce.
I think we all are pretty much on the same page, lets see if we can time it right!!!
I am hoping to reload at around 21.30-21.50. Hope we don't gap up!
Boy, gold is sure moving fast.
I think next week i might be riding the nugt train for a few days.
Yes, we are looking pretty good now, I got in at 20.75 (33%) and then could not get to the computer until the last 5 min, missed the blast off! It looks like another uptrend is confirmed, we should be getting another 2-3 major waves up.
I will be buying all dips, looks like 24 is going to be a piece of cake!
GLTA
Agreed!
Tough call ahead on when to go long, we may not see the teens again for a very long time!!!
Looks like the minor correction is over and the next wave up or down determines which way we go next, either up to 23 or down to 17-18.
The chart agrees with you so far. But i will wait for confirmation, another wave down before pulling the trigger.
Seems like we are due for a pullback either tommorow or wednesday. The chart looks like its screaming for a pullback after one more high, maybe 21.
I'm out till after the meeting, too confusing.
What will the dust price be at the end of year?
My minimum price is 25, max would be 38.
Somewhere in between would be great!!!
Talk about easy money!!!
GLTA
Get ready for the drop, buy at the low! Blast off next week!!!
My guess is gold is headed to 1220, going to reload in the morning, going long dust and gonna ride this wave till completion. Bounces are not working right now for me.
GLTA
Keeping my fingers crossed that you are right, it my reverse late tommorow
Finally!!!
Mistimed it by 2 days this time. Oh well, picked up some nugt at 32.40 and keeping my fingers crossed.
Will go long dust on monday or tuesday for a major ride up past 21, (gold to 192O)!!!
I picked up nugt (33%) yesterday at 34 thinking I had the bottom, and watched all of the profits wash away today. Still holding, I am hoping you are right about the next 2 days!!! Will add more once I feel like we are moving in the right direction!
Looks like gold is headed to 1240 and dust to 21+
Great idea, much more upside on the dust side! After this bounce gold will be heading to 1240.
Just hope I can time it right this time for the next ride up, next time we will break 21!!!
How far down do you think dust will go, and when will you start buying?
I am thinking low 18's is when I will be getting back in.
Just pulled the trigger!!!
Gold bounce starts tommorow?
Will wait for confirmation before pulling the trigger.
Guessing that we will start.
GLTA
I think gold will go under 1200 in 3-6 months.
I have sold everything. Just waiting to see what happens next.
Real happy with the profits!
one more wave up and i am selling!!!
19 here we are!
Will try to time the top, hopfully upper 19's.
Will sell remaining 33%
GLTA
Sounds like a good plan.
Gold is definitely going down, but when is the question?
I will be watching dust closely on monday. If we continue futher down and maintain under 17.85, I will be joining the nugt train for 3-4 days, then will jump back in on the dust train hopefully in the mid to upper 16.
Of course I will miss the bottom entirely!
If we go up on Monday, which i doubt, I will sell off 33% near the top and re-evaluate the direction of dust by watching what it does in the next couple of days.
Made a nice profit this week, but hope there is not a gap down on monday since I still have some shares left.
Enjoy the rest of the weekend everybody and thanks for all your input!