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Post by walnut on Oct 4, 2016 9:22:33 GMT -5
Can you feel it? Big move coming. I thought so, been thinking so...
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Post by huh on Oct 4, 2016 9:32:17 GMT -5
GPRO up decently this morning, but has resistance ~14.77. However, if it could hold over that, then good chance it could climb to ~17.80. Adjust the GPRO target down to 17.60's. If hit, the swing trade would still be good for nearly 20% GPRO Upside target hit for ~19% gain
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Post by Herceg on Oct 4, 2016 9:39:09 GMT -5
small starter at 13.86..........gold will not stay down forever...............I hope.............lol Man I hope this works out for you small starter so willing to wait it out if necessary.............if not this year, there is always next year..........
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Post by huh on Oct 4, 2016 9:40:24 GMT -5
Can you feel it? Big move coming. I thought so, been thinking so... This is gonna be a good show
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Post by walnut on Oct 4, 2016 9:41:11 GMT -5
I don't want a show, I want to know the ending right now haha
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Post by walnut on Oct 4, 2016 9:42:31 GMT -5
I will offer this bit of advice, be short the vxx at least a little bit. That thing drops rain or shine.
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Post by huh on Oct 4, 2016 9:42:55 GMT -5
JNUG and NUGT very tempting but will wait for things to settle down........ JMO and BOL small starter at 13.86..........gold will not stay down forever...............I hope.............lol JMHO Herc, but be extra careful of any Direxion leveraged funds. I'm probably way wrong - and, unfortunately, I usually am when it comes to predicting fundamentals
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Post by walnut on Oct 4, 2016 9:47:48 GMT -5
He did it small at least.
If I had any real confidence in gold, I would buy the physical stuff, cause I really do like the material. That's why I metal detect old homes and parks, I find a little.
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Post by clinton on Oct 4, 2016 9:50:47 GMT -5
added goro AT 6.12
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Post by walnut on Oct 4, 2016 9:51:10 GMT -5
Gotta drive down to the stone quarry (110 miles away) BBL
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Post by huh on Oct 4, 2016 9:55:55 GMT -5
Gotta drive down to the stone quarry (110 miles away) BBL
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Post by walnut on Oct 4, 2016 9:57:55 GMT -5
Exactly, I have thought of that many times, but I am Mr. Slate, not Fred Flintstone haha
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Post by huh on Oct 4, 2016 10:09:39 GMT -5
A move in AAPL now >113.50 should get 122, support area 110.25-110.80 AAPL support now ~113
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Post by Herceg on Oct 4, 2016 10:32:10 GMT -5
small starter at 13.86..........gold will not stay down forever...............I hope.............lol JMHO Herc, but be extra careful of any Direxion leveraged funds. I'm probably way wrong - and, unfortunately, I usually am when it comes to predicting fundamentals 100 shares..............so I should be able to wait it out before I retire in the future............LOL............all kidding aside, we've seen how these things move, so it will not take much to get it up, but then again it can go down quite a bit first which it definitely is now...........
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Post by walnut on Oct 4, 2016 10:39:10 GMT -5
Well I didn't go after all, what are we buying
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Post by huh on Oct 4, 2016 10:39:26 GMT -5
JMHO Herc, but be extra careful of any Direxion leveraged funds. I'm probably way wrong - and, unfortunately, I usually am when it comes to predicting fundamentals 100 shares..............so I should be able to wait it out before I retire in the future............LOL............all kidding aside, we've seen how these things move, so it will not take much to get it up, but then again it can go down quite a bit first which it definitely is now........... What I mean is that at any moment the SEC could make it so that Direxion's 3x's ETFs, or even Direxion itself, folds all together. Small chance, but definitely a risk. Over the last couple weeks I've been putting together a list of non-Direxion leveraged 2x's ETFs in lieu of the 3x's, just in case
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Post by walnut on Oct 4, 2016 10:46:18 GMT -5
If the SEC goes ahead with that, listen to this soothing music as your account goes down:
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Post by Herceg on Oct 4, 2016 10:47:58 GMT -5
100 shares..............so I should be able to wait it out before I retire in the future............LOL............all kidding aside, we've seen how these things move, so it will not take much to get it up, but then again it can go down quite a bit first which it definitely is now........... What I mean is that at any moment the SEC could make it so that Direxion's 3x's ETFs, or even Direxion itself, folds all together. Small chance, but definitely a risk. Over the last couple weeks I've been putting together a list of non-Direxion leveraged 2x's ETFs in lieu of the 3x's, just in case If they were to close them they still have to pay out those long or short.............of course shorts would benefit big time in this situation.... JMO and BOL..............
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Post by walnut on Oct 4, 2016 10:50:17 GMT -5
I'm not really worried cause I haven't messed with a 3x for years, but I don't like government over-reach
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Post by huh on Oct 4, 2016 10:50:26 GMT -5
What I mean is that at any moment the SEC could make it so that Direxion's 3x's ETFs, or even Direxion itself, folds all together. Small chance, but definitely a risk. Over the last couple weeks I've been putting together a list of non-Direxion leveraged 2x's ETFs in lieu of the 3x's, just in case If they were to close them they still have to pay out those long or short.............of course shorts would benefit big time in this situation.... JMO and BOL.............. Probably more likely the SEC would announce some future date for the changes, causing investors to go heavy one way or the other to one side, bullish or bearish. This could cause those ETFs to completely ignore their NAVs, and only those shorts on the correct side might win.
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