Replies to post #17590 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[OmegaMoney29]

Agreed have a nice day

[keekee]

Yep, you have to be a lionheart to play this. But another is patience. Usually, once it starts going down, they sell it as though it must RS. But, in this case, gold ought to be headed up as a safe haven and not down. So, I was going to jump in on Thursday at about $8, but held off. So when I saw it yesterday at $3.66 premarket, it was a NO-Br. I had to get some at $3.69. Bad news is that a could have done a couple. Ore thousands. But I thought it would come to $3 during regular. So, I am stuck with my entry number. $15 TARGET

[Montanore]

Yes, JNUG is very volatile with huge swings. It's why some won't take tight stops--if you do that you will get stopped out every time and miss the big upswings. This is a good stock for flippers or swing traders if you can get in low. Trouble is, sometimes it keeps going lower.

But not today!