FookYew
So the S&P has broken through 2119 support line intraday.

its now dancing on the 2111 line.

My thought is, if it breaks thru 2111 on close.... time to buy NUGT.


I just sold NUGT this morning for a quick 24 hour 14.7% gain and i hate to buy it again..... but I will if things align in that direction. (dollar, S&P fear, GBP, ETC)


anyone else in line with this thinking?
Quote 0 0
ibnate777
Added shares of NUGT and SQQQ. 
Quote 0 0
FookYew
ibnate777 wrote:
Added shares of NUGT and SQQQ. 


Good so its not just me [biggrin]

Initially when I bought it Monday morning I looked at the on deck recommendations for GORO & GDXJ.

I figured if those gold miners are a buy right now, then why not go big with NUGT and win/lose 3x.



Was your thinking along those same lines?
Quote 0 0
AbovetheGreenLine
ibnate777 wrote:
Added shares of NUGT and SQQQ. 


Be careful Shorting just yet... Small Caps are the Weakest, and they might Pop once more on a Final Wave 5 Up (bounce off Green Line) or possible HRC victory in just 5 trading days!

Many Leaders in Green Zones, and VIX high says maybe 1 more Short Squeeze POP.

IWM.png 
Good trading, and tell your friends!
Quote 1 0
FookYew
ibnate777 wrote:
Added shares of NUGT and SQQQ. 






I wound up buying DUST this morning on a early dip.

I was a bit early for the daily but, i was liking the overall direction things were going using slow stoch and MACD's, so I decided to jump in.

I intended to hold it overnight (risky i know) and hope for the premarket POP.

well it went from being 7% down this morning to being 7% up when i sold it this afternoon.

So i decided take the profits and dont be foolish. locked in 13.69%.

Im pretty pumped about this week..... I beat the Bulls & the Bears within 3 days.


ibnate, I hope your trades this week were just as successful or even better.


Sooooo, I think its donation time to the ASPCA!!! [thumb][wave] (and i'm more than happy to do it)


Quote 1 0
AbovetheGreenLine
Great!  

Thanks for your input!
Good trading, and tell your friends!
Quote 0 0