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Looks like they are waiting for the housing data like you said yesterday. So quite, either we found a bottom in gold or this is going to get real bad real soon. I put my money on gold for the win.
Looks like gold miners loose money no matter what happens
IMO dollar could push gold to around 1236-1238 low side. But I feel that 1240 is good support. For JNUG I still see about 17.30 as good support. I didn't mind buying there.
There is good support at 17.30 and it hit that so I bought. There is a first time for everything lol
I got so lucky with the low today. I bought back in. Hopefully I'll make up my lose from the fed trade.
You'll be fine . We will see 18s in a heartbeat. Just hoping to get in soon
There's the trend line from May lows that supports the 17.30 level. I can't buy yet because I went all in on the FED rate hike. So I hope it chills out in the 17s
I'm waiting for some clarity or some 16s.
Fu GDXJ sold
There are my 19s
Thanks man. I'm just a regular guy that doesn't have time to troll some board. I post and read for insight not hating.
Dude yesterday you told me to buy or get left behind. What's your deal. I told you there was a shake out coming before the fed hike. And now your selling jdst to buy JNUG. Sure
This the pre fed shake. I thought it was going to happen yesterday into today and got it wrong big time. As they say " to little to late"...
I also rode NUGT in January then flipped to JNUG in march but then JNUG lagged behind and no one knew why until van eck disclosed the GDXJ BS.
Hoping for 40-50s this trip up would be insane. Would could get to 30 today with FED decision today.
And by the way I bought in big at close yesterday. Wish I bought sooner but I was coming off my JDSt position and building mining rigs at the same time. GLT
Did you buy in already (long)?
It's suppose to fly after the rate increase. But nothing is a 100%
The reason I thought it would go down before the Fed announcement was because JNUG went down before the fed announcement in March. but this time it is a totally different beast.
I'll try to get some high 19s at the end of the day and if it goes a little lower tomorrow morning I'll add. JNUGs a beast again. I'm loving it.
Tomorrow I'm looking for a drop in price before the Feds decision and then fire works. Hope I'm right because I missed out on those 18-19s
JNUG the Monster
Unfortunately I sold for maximum pain unable to comprehend the move in JNUG compared to GDX and nugget. so unfortunately I did not get any money out of that last trade. I unfortunately got greedy this morning thinking it was going to say read and it went green big time
I sold for max pain. FTS
I hate being right with the direction of miners and gold and loose on a trade. This is just over the top. Guess all the rebalancing is over. JNUG to the moon. But only after I get out of jdst lol
Yeah I'm in jdst wtf
Sorry to hear your sick. Going to sell my jdst today. Wow what a wild ride. Up big to no profit. GDX red and GDXJ way green. Guess they have rebalanced by now with these numbers.
Averaging down doesn't sound to bad with the Feds interest rate hike on Wednesday. I don't think we are going to see sixteens again. I'm going to sell my JDSt when JNUG hits 17-17.50. Then back into JNUG early Wednesday.
Nice because I've been waiting for some strength for months. And can't wait to ride the real JNUG train up to its former glory
Gold down 30 and JNUG only down 8%. These guys really make you work for your money.
Golds 1271. I don't see this being good for the miners. Watch out guys. Looks like the big boys are crushing gold into the FED rate hike. Jdst now, JNUG Fed rate hike. Good luck
lol, my little boys are 11 months and the other one just turned 5. I know what your saying. The 11 month old just learned to walk omg
I'm going to sell either today or tomorrow. Most likely tomorrow. And it's going to be Jdst around 70/ JNUG 18. Watch to see what's the low in JNUG and then buy before the fed. Hope it works out. Trying to get some money out of that last JNUG pop I missed out on.
Lol not with that close
Yeah looks stronger then I thought. But I'm going to stick to my initial trade parameters. I'm looking for at least a 3% down day today. And should have sold early when it hit about 5% like you said. But I missed that number
I'm thinking of holding till Friday. After comeys testimony doesn't produce anything gold will cool off a bit and then Friday's rebalancing should help.
Re-balancing starts the 9th and ends the 16th. Van Eck has to sell thousands of share over the next week. Which should bring GDXJ down and I don't know if GDXJ will sell shares of GDX because they bought into that fund to. Which I thought was messed up when I heard that. So all the miners should take a hit.
I'm a little nervous about the dark side (jdst). But I thought that 18% is a little over the top for one day after 2 months of nothing. Hope you all made a ton of money.
With the rebalancing of assets on Friday. I truly believe the mm's pumped this puppy up to have something to make big money on the way up and down. I haven't seen JNUG or NUGT move this much on a 15 dollar gold move in 3 months. I bought the last gold 12 dollar move and was left holding the bag. By the way what day is the FED rate hike?
I should have not of sold my NUGT 32.80s yesterday. Now I had to buy jdst. Please pray for me lol
I'm thinking they let this pop today so that on Friday (rebalancing) they have something to crush. After rebalancing we should see better days.
Hellooo is anybody out there. Hellooo
Old zombie film. Looks like low volume on a 10 dollar move in gold.