Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

This post right here proves you are 100% full of $hit...

My target was adjust due to the DATA changing.. Not that hard to figure out.

REALLY??? So, what "data" changed from your 7:09 pm post last night stating "Looking for $29 if possible" to 7:55 am the next morning??? I mean, other than you waking up seeing you were wrong??? I'm guessing the data is still changing now that NUGT has spent a large portion of the day below your $27.50 target? LOL

This is why short term trading in this market is a joke and those that attempt equally so..

Again, from your own words...if you would still be holding from August/September...you'd be right back to square one, watching all of your profits disappear. Yet, somebody who trades and booked those profits along the way, still has all of those and then some. NUGT. IS. NOT. A. LONG. TERM. BUY. AND. HOLD.

Market cycles only last 4-7 yrs its been 10 and manufacturing is in serious contraction and debt has EXPLODED..

The market doesn't care about what you THINK...it cares about what is actually happening. BTW, manufacturing is NOT in "serious contraction". It's not as hot as it once was, but it's far from serious contraction.

Can't believe I really have to argue this.

'Fed' is selling our kids and grandparents down the river and people want their 2%-5% short term trade gains w/e.

You honestly believe this can go on indefinitely..?

And herein lies the beauty of all of your ignorance...

I have NEVER said I thought any of that. In fact, it's actually quite the opposite. Ever hear the saying "don't fight the Fed"? Guess what...that's exactly what you're doing. Their billions/trillions will outlast your pennies every time. There is money to be made in NUGT, no doubt. But ignorantly throwing money at it staking "guaranteed claims" of price action is madness.

Call me crazy, I'm on the otherside thats definately not following the lemmings..

Don't worry, the gov't loves you.

Betting against this isn't even betting..

This is sad.

The only thing sad is knowing you're the latest in a long line of folks who have come here claiming all this same stuff over and over and over and over again for years. Eventually, they all lick their wounds and walk away.

You take what the market gives you...you don't tell the market what you want. Especially when dealing with 3X ETF's.