Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

THE WORLD IS COMING TO AN END! GOLD TO $5000. NUGT TO DA MOON!

EVERYONE'S GONNA BE RICH. TOLD YA GOLD WAS GOING HIGHER (IN HINDSIGHT, AFTER ACTION HAS ALREADY HAPPENED). LMAO.

OK, since this is the type of hot-take 'analysis' that is apparently looked for on this board these days...guess that's my signal...I'm out.

I'm sure NUGT will start "behaving" and just following Gold up/down like it always has and/or cuz folks want it to. **snicker**

PS- I encourage folks to actually go back and READ what I've posted the last week or so. The action in NUGT has been damn near spot on to what I've stated...but since I didn't nail the exact bottom (i.e.- it didn't make it all the way to the 200 MA) and I didn't accurately predict the intraday whipsaws that are the whole reason I've stopped trading it, I was wrong. LOL.

Here's a good starting point...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151916737

*Reads post*

OH, what's that, they tried slamming it down towards 200 MA first before whipsawing it higher on Fed jargon. How long ago was that post? OH, almost a week ago. And now, NUGT is attempting to move higher off a head-fake and good setup. "Weird"...who could've predicted that...???

**rolls eyes**

And the PSS from post 45087 is playing out exactly. Even though it was a long shot on Monday when posted, it shook folks out and never made the negative cross.

GL!