JTH's Account Talk

[JTH]

Seems like the Ukraine crisis is driving the pre-market today. Will be interesting to see if it drives the market come open.

Agreed, I've got limit orders in for TZA, NUGT, & UNG. We'll see if Gas & Gold get a bid...

 

[jkenjohnson]

Agreed, I've got limit orders in for TZA, NUGT, & UNG. We'll see if Gas & Gold get a bid...

What is your limit price on TZA? Just curious.

 

[JTH]

What is your limit price on TZA? Just curious.

Jump in @ 15.93, if it gets triggered.

 

[jkenjohnson]

Jump in @ 15.93, if it gets triggered.

I got in @ $16.22 last week.

 

[JTH]

Jump in @ 15.93, if it gets triggered.

I got in @ $16.22 last week.

We'll see how it play out, I've been getting slaughtered in TZA, I'm now in @ 15.95 with a stop @ 15.25

 

[JTH]

Jump in @ 15.93, if it gets triggered.

NUGT @ 50.75 w/stop @ 48

 

[jkenjohnson]

NUGT @ 50.75 w/stop @ 48

Good call. It's already up 10%.

 

[JTH]

Alright which of you got the the Ukraine thread pulled...

 

[RealMoneyIssues]

Alright which of you got the the Ukraine thread pulled...

Group effort...

 

[WorkFE]

Reply number 3 (Nnuutt)
Not throwing anyone under the bus but the gloves came off after that. To James credit he stood pretty firm throughout. The rest of us are just creatures of habit.

 

[rktect1]

Yeah yeah yeah. I'm in tza at 17.21. I get to cry the most.

 

[JTH]

Alright which of you got the the Ukraine thread pulled...

Group effort...

Reply number 3 (Nnuutt)
Not throwing anyone under the bus but the gloves came off after that. To James credit he stood pretty firm throughout. The rest of us are just creatures of habit.

Can't leave you kids alone for a minute

 

[JTH]

Yeah yeah yeah. I'm in tza at 17.21. I get to cry the most.

The good news, this is the biggest bounce since the Feb 5th top, a 50% replacement of this wave takes us to 17.84. The bad news is we haven't even breached the 1st Fibonacci level yet, there's still work to be done...

TZA-Hourly-1Mnth

View attachment 27422

 

[WorkFE]

Can't leave you kids alone for a minute

Our kids don't live at home anymore, so we fill the void.
My kid can't sue me for that can he.

 

[JTH]

Another trading seminar, this one shorter than the last one I posted. It's a 4-part series, each video being about 10-15 minutes long.

 

[JTH]

Can't wait to see how the markets unfold. On the short-term SPX wave, price retraced up to the 38.2% fibonacci level, the gold box is a key area where prices have shown support over the past week.

View attachment 27427

 

[jkenjohnson]

Can't wait to see how the markets unfold. On the short-term SPX wave, price retraced up to the 38.2% fibonacci level, the gold box is a key area where prices have shown support over the past week.

View attachment 27427

I sold my TZA and almost broke even, but bought TNA right at it's low yesterday.

 

[BichonFreeze]

I think today we'll break out for a solid 150 point gain in the Dow, and no that isn't based on RadioShack announcing it's profits. The Institute of Supply Management, a research group that publishes monthly reports on manufacturing data announced good news on manufacturing, so I'm expecting the Dow to return to previous levels, and if not grow a bit more on them. Granted moving forward all of this is insignificant to the Ukraine crisis which could throw any economic indicators out the window. This makes Fridays job numbers and the overlooked International Goods and Services Report very critical.

 

[JTH]

I expect to get stopped out this morning

NUGT Filled @ 50.75, Stop @ 49.75
TZA Filled @ 15.95. Stop @ 15.55

 

[JTH]

I guess one gap deserves another, increased volitility usually doesn't end well.