pthomas215
1,251 posts
msg #131180
- Ignore pthomas215 |
9/15/2016 12:51:54 PM
Karen, what is your opinion on Jnug and Nugt gapping up overnight?
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karennma
8,057 posts
msg #131183
- Ignore karennma |
9/15/2016 1:36:03 PM
I'm flabbergasted!
When NUGT dropped below $18 (at theopen), I STOPPED watching and went on with my day.
45 minutes later, I looked at my screen -- and BAM! I couldn't believe it!
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karennma
8,057 posts
msg #131184
- Ignore karennma |
9/15/2016 1:58:48 PM
BTW, I do that all the time ... I'll look at a pic, think "it's toast", then walk away.
Basically, I've walked away from the buying opportunity.
It's all a mind game.
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karennma
8,057 posts
msg #131204
- Ignore karennma |
9/16/2016 7:29:36 AM
BTW, guys -- FWIW ...
Stockcharts has seasonality charts. Just enter $GOLD and click seasonality.
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johnpaulca
12,036 posts
msg #131205
- Ignore johnpaulca |
9/16/2016 9:15:05 AM
Thanks Karen!!
gold still range bound, getting close to bottom of trading range(1305), if it breaks then we hit 1280 support. Will have to wait and see what the dolla does.
Shorting Oil is still your best bet, cycle is getting a bit old, I exited in pre-market(SCO100.48) a bit too early ):
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karennma
8,057 posts
msg #131206
- Ignore karennma |
9/16/2016 10:04:00 AM
JP,
What's your target price for oil?
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johnpaulca
12,036 posts
msg #131207
- Ignore johnpaulca |
9/16/2016 10:12:20 AM
much lower than it is today, my best guess is about $33...without manipulation.
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karennma
8,057 posts
msg #131213
- Ignore karennma |
9/16/2016 10:57:06 AM
"without manipulation" ... uh? rofl!
JP, everything is "manipulated".
Isn't it?
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johnpaulca
12,036 posts
msg #131214
- Ignore johnpaulca |
9/16/2016 11:24:30 AM
especially oil hence the risk!! that's why sold SCO in pre-market, hit a low today $98.09, I bought it yesterday at 98.05 and sold at $100.48.
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