• Robert Edwards
    I posted a new update $DUST article that you can find here: http://seekingalpha.com/p/19rnm
    8/16/13
    Reply (38)
    • Agbug: Your experience this week reinforces why these "products" are so dangerous for the average shmoe
      8/16/13
    • Robert Edwards: The purpose of me trading this market and posting is to help traders see the hazards of playing DUST and NUGT and they must play small.
      8/16/13
    • Robert Edwards: I just posted another $DUST article, the second today, click here: http://seekingalpha.com/p/19sh2
      8/16/13
    • Jxie: does it mean DUST will go down more than before next week, or even till the end of August??
      8/18/13
    • Robert Edwards: If GDX holds at 31, then DUST bottoms 43.50. If GDX hits 32 then DUST bottoms 40. If GDX hits 33, DUST bottoms 36 etc. GDX holds the key.
      8/18/13
    • Robert Edwards: Sold 100 shares DUST at 50.50. 300 shares at 60, is same as 100 at 50, 100 at 60 and 100 at 70. Now have top 200 left, ave. of 65.
      8/19/13
    • Robert Edwards: This make a win/win situation. If we rally to 60 then pull next 100 off. If we fall to 40, will buy 100 back that I sold at 50.50
      8/19/13
    • Robert Edwards: Bot back 100 shares at 48.50 as gold is weak. Looks like we could rally in DUST to above 50 maybe. Will sell few shares from higher prices
      8/19/13
    • Jxie: But GDX goes up right?
      8/19/13
    • Robert Edwards: Sold those 100 shares 48.91 so now only long 200 DUST again.
      8/19/13
    • MikeNeedsHelp: Robert, If DUST and NUGT are the inverse of each other, why don't they mirror each other on any particular day? Opportunity for arbitrage?
      8/20/13
    • Robert Edwards: Bot 200 shares of $DUST at $22.85 so now long equivalent of 100 shares from $45.70. These were the shares sold at 50.50 yesterday
      8/20/13
    • rodh7858: Any sell target on these $22.85 buy?
      8/20/13
    • So Long: Do you think Dust will go down to $20, $10 or $0. When it will climb again
      8/20/13
    • darksky1984: DUST is dying right now. Miners aren't out yet I guess or it could be just that since the split NUGT is a hot buy for some.
      8/20/13
    • So Long: Robert Do you have any comment about DUST.
      8/20/13
    • Robert Edwards: If gold rallies to $1400, DUST could fall to 18 or 15. From there DUST could double to 30 or 36 pretty easy, equal to 60 to 70 old price
      8/20/13
    • Robert Edwards: Dollar weakness helped gold today but gold is not really booming vs. silver. If stock market begins to rally, miners could fall fast & hard
      8/20/13
    • rodh7858: Rob: Where do you see DUST today by closing?
      8/21/13
    • Robert Edwards: Gold is failing to rally much so should roll over soon. Sold 200 DUST 24.35, bought back 23.65. Will watch for a breakdown in GDX soon.
      8/21/13
    • Robert Edwards: Sold 100 DUST 24.35 again, and 100 DUST at 24.25. Will buy back on dips.
      8/21/13
    • Robert Edwards: This looks like the consolidation pattern DUST did week of July 22nd around 70 before rallying to 110 area. With split it is now 35.
      8/21/13
    • Robert Edwards: If we consolidate around 22 to 24 area in DUST this week, should move back up next couple weeks to 30 (equals 60 old breakeven price).
      8/21/13
    • Robert Edwards: DUST not selling off so bought back 200 shares 24.08 making me long 600 shares again.
      8/21/13
    • Robert Edwards: Sold 200 shares DUST at 24.50 after wild ride this afternoon following report.
      8/21/13
    • Robert Edwards: Sold 200 more DUST at 24.95, will buy back on dips in morning.
      8/21/13
    • Jxie: right now is stopped at 25.8,why do you think tomorrow morning will turn around??
      8/21/13
    • Robert Edwards: I guessed wrong. We had in inside day down in GDX, which usually means we go up the next day, but late we broke down below 29.00. ;
      8/21/13
    • Robert Edwards: On a dip tomorrow in DUST (rally in GDX) I will buy 200 DUST back at least. I still own 200 DUST.
      8/21/13
    • jawdoc19@gmail.com: Dust will touch 30 tomorrow. Gold futures are down
      8/21/13
    • Robert Edwards: DUST rallied in last few minutes, then up nearly $2 extra in aftermarket. I will be buying DUST on any weakness. Gold is rolling over.
      8/21/13
    • Robert Edwards: Bot 200 DUST 24.65 in premarket. Will buy again on further weakness. Gold appears to be rolling over and GDX should weaken soon.
      8/22/13
    • Agbug: I'm looking at the over night silver chart and looks like it's going the other way? Lots of data today though, so it's still early.
      8/22/13
    • Robert Edwards: bot 200 DUST 24.10 so I am long 600 dust again
      8/22/13
    • So Long: Rob What is your guess about DUST today?
      8/22/13
    • Robert Edwards: sold 200 Dust at 24.82, now long 400.
      8/22/13
    • Robert Edwards: Gold is not impressive and it looks like we will roll over soon in gold and GDX and DUST should hit 30 (old 60) and possibly 35 thereafter
      8/22/13
    • Robert Edwards: Bot in low 24s yesterday several times and sold in high 24s to low 25s. When DUST falls 30 to 50 points I buy and then sell on rallies.
      8/23/13
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