Nugt/Dust

[jkenjohnson]

With Nugt almost double it's 52 week low, is it time to buy Dust or is Nugt going higher? Thoughts? Comments? Crystal Ball?

 

[jpcavin]

With Nugt almost double it's 52 week low, is it time to buy Dust or is Nugt going higher? Thoughts? Comments? Crystal Ball?

I think it's going up but what do I know...I just got out the day before the biggest upswing of the month.

 

[tsptalk]

I say be careful with gold. A large gap just filled on the GLD. It could hang around for a few days or a couple of weeks, but the large trend is still down and selling rallies (shorting, DUST, etc.) remains the main play.

 

[jkenjohnson]

I say be careful with gold. A large gap just filled on the GLD. It could hang around for a few days or a couple of weeks, but the large trend is still down and selling rallies (shorting, DUST, etc.) remains the main play.

Thanks for the chart and input.

 

[jkenjohnson]

I am my own worst enemy. Dust is up 13% in one day - today.

 

[tsptalk]

?? Because you didn't buy it??

 

[jkenjohnson]

?? Because you didn't buy it??

Heck yeah, I could have made 15% in one day.

 

[MrJohnRoss]

Re: Anyone Buying Gold Here

[h=1]Gold Miner ETF Suffers Biggest One-Day Loss in Over a Year[/h]

 

[tsptalk]

Re: Anyone Buying Gold Here

Ouch! I didn't even see that yesterday.

 

[JTH]

Re: Anyone Buying Gold Here

Gold Miner ETF Suffers Biggest One-Day Loss in Over a Year

Ouch! I didn't even see that yesterday.

Not everyday you see something lose a quarter of it's value, I'm surprised folks were still in this position prior to the OPEC meeting.

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