• Robert Edwards
    Down In $NUGT & $GDX (Up In $DUST) For 3 Days Then Reverse, Click http://seekingalpha.com/p/1f8te $GLD, $NEM, $ABX, $AEM, $GG
    11/9/13
    Reply (423)
    • $DUST: Well lets see where nugt goes today :P, a bit excited
      11/11/13
    • Robert Edwards: Bot some NUGT 40.91, will add on dips
      11/11/13
    • Robert Edwards: Bot some NEM 27.06, buying lightly and sold out DUST 34.85. No DUST protection right now
      11/11/13
    • davePx: Robert, what do you think of NQ this morning...any notable news you have picked up on?
      11/11/13
    • shopvac20: Are you bullish on gold ? or waiting till the middle of the week ?
      11/11/13
    • Robert Edwards: Blew completely out of APOL on Friday, bot back 1/2 position 25.50, will add every 50 cents lower. Bot NQ 11.55 premarket, sold 12.12
      11/11/13
    • Robert Edwards: Miners have fallen back now where they should have closed on Friday had they not outperformed. I will add on dips but sell partial on pops
      11/11/13
    • Robert Edwards: I believe NQ will explode up after earnings Tuesday night, so if acting well will continue to buy lightly but very risky trade. Wait on gold
      11/11/13
    • Robert Edwards: Sold some NEM 27 puts expiring on Friday, 11/15 for 49 cents to open. If exercised, it will put be in about 26.51 or if rally keep premium
      11/11/13
    • Robert Edwards: Sold a few more NEM 27 puts 55 cents.
      11/11/13
    • $DUST: in at 40.6 hoping to have catched the day low.
      11/11/13
    • $DUST: well i guess Mondays are off days o.O
      11/11/13
    • glaserdx: Rob-looks like scenario is starting to play out as u predicted-can u suggest NUGT re-entry?
      11/11/13
    • $DUST: out at 41.14.. quick scalp
      11/11/13
    • Robert Edwards: Sold NEM at 27.10, bot at 27.06, did not get that good of price. Will buy on weakness. Meantime got lots of puts sold on NEM lows
      11/11/13
    • Robert Edwards: Pretty slow day. Bot 1/2 NEM 26.96, but 26.86 not filled. Sold out 27.09 for scalp. Will buy ever ten cent dips in NEM starting 26.95
      11/11/13
    • Robert Edwards: sold out APOL at 25.99 bot at 25.50. Will buy APOL again 25.50 and 25 if it falls
      11/11/13
    • Robert Edwards: NQ is 13.00. I tried to buy again but missed it. Will not chase in here. If it drops to 12 I might buy, otherwise sit it out.
      11/11/13
    • davePx: Thanks for the advice on NQ, working on NUGT today
      11/11/13
    • $DUST: in at dust for s short play 34.07
      11/11/13
    • Robert Edwards: Just got back from lunch. I sold NUGT 42.15, bot under 41 early. Took half of my puts off on NEM will nice scalp on the rally to 27.24
      11/11/13
    • gaklaw: This morn, with Gold = 1282.30 NUGT=40.55 DUST=35.16 Now at 1282.30 NUGT=41.82 DUST=34.21...miners rising against gold again
      11/11/13
    • Robert Edwards: Gold is nowhere yet NEM is near highs of day. Starting to get really impressed with miners outperforming here. Bottom may not be far off
      11/11/13
    • Robert Edwards: Only mistake I really made today was dumping NEM too soon today. Thought I could reposition lower. Still got some 27 puts sold good premium
      11/11/13
    • glaserdx: sold NUGT 42.40 premkt bot at 39.78- looking for re-entry
      11/11/13
    • gaklaw: worked hard this morn to drop NUGT basis .6; would like one more dip to scalp my 34.55 DUST insurance and lower basis even more!
      11/11/13
    • gaklaw: RE - thanks for update on APOL. I dumped out today and will follow you down to 25.5 and 25. looks like 25-26 is good trading range
      11/11/13
    • newbie872: Seems like NUGT is ready to pop?! There was just a $1 surge in NUGT from a $1 move in gold.
      11/11/13
    • NicoDuzit: where do you all think GDX is heading by EOD
      11/11/13
    • akm907: does anyone think upside of gold is priced in at-least 10-15% into GDX already? everyone betting on GDX upside now makes GDX upside
      11/11/13
    • akm907: potential limited but certainly the reward is better.
      11/11/13
    • $DUST: ah this gdx is sure some BS tho.
      11/11/13
    • $DUST: took position long on nugt,, tires of playing against her
      11/11/13
    • Robert Edwards: NEM took out Friday's high, very impressive Bottom could b in. gold going nowhere but GDX /NUGT/NEM does not care
      11/11/13
    • gaklaw: Keep DUST insurance or dump? thoughts???
      11/11/13
    • Robert Edwards: I keep thinking it is DOW JONES strength making GDX rally but maybe funds are waking up 2 how cheap miners are. That would b welcome change
      11/11/13
    • Robert Edwards: This is 2nd day low prices rejected but with gold not rallying, gold could sell off some tomorrow and pull GDX back down so get off DUST.
      11/11/13
    • Robert Edwards: should be able to sell off DUST better price than here NEM worked hard to get unchanged but could weaken later today some
      11/11/13
    • gaklaw: Thanks - agree. May also have similar open tomorrow based on similarities between Friday's and todays action = DUST up early.
      11/11/13
    • Robert Edwards: Bot Soybean oil (symbol ZL) on up close today, as mentioned in my article.
      11/11/13
    • ag5059: Does anyone buy DUST right now?
      11/11/13
    • newbie872: Starting to look like another saw-tooth repeat of Friday...big dump in the morning, slow rise through the day and high at closing bell.
      11/11/13
    • bsweeney72: Hey Robert, What chart would you recommend for a newbie. I'm long nugt at 44.50.
      11/11/13
    • rxraider: Have a buy order in for NUGT at $40. May chase it up a bit tmrw. bsweeny72, these leveraged ETF's are for veterans, please be careful.
      11/11/13
    • davePx: Robert, do you think NQ will sustain an upward trend today after earnings?
      11/12/13
    • Robert Edwards: I believe NQ will explode on higher earnings that have already been revised up. Also shares buyback. High risk so if u play, do it small
      11/12/13
    • Robert Edwards: bot 27.22 in NEM. All dips appear to be buys in NUGT/GDX/NEM etc.
      11/12/13
    • Robert Edwards: bot some NUGT 41.97, will add on NEM & NUGT on weakness
      11/12/13
    • glaserdx: bot NUGT 42
      11/12/13
    • Robert Edwards: sold NEM 27 puts for 34 cents, expiring Friday
      11/12/13
    • Robert Edwards: Caught some NEM 27.12, set buy orders every 10 cents down. Will sell some on rallies
      11/12/13
    • Robert Edwards: Sold nugt 43, took half profits on NEM 27.42 area
      11/12/13
    • Robert Edwards: bot 200 NQ 13.99, will add every $1 lower. very small, very dangerous. But should get late short covering going into earnings late today
      11/12/13
    • Robert Edwards: bot a few nem back 27.37 since it is not selling off with gold under 1280 will add on further weakness every dime lower
      11/12/13
    • glaserdx: FRB Dallas last nite: Iam worried the kindling we have for inflation that's on the balance sheet of the 12 Federal Reserve Banks.
      11/12/13
    • glaserdx: So if we have $2.2 trillion in excess bank reserves, at some point that will go into lending
      11/12/13
    • Robert Edwards: bot NUGT 42.40, will add every 50 cents lower
      11/12/13
    • Robert Edwards: add NQ 13.70, sold out 13.86 so flat NQ, acting skanky in here, so leaving alone waiting for hard selloff
      11/12/13
    • Robert Edwards: bot apol 25.98, one penny lower than I sold out yesterday, bot nugt 41.90
      11/12/13
    • Robert Edwards: bot nem 27.26 will continue to add on weakness
      11/12/13
    • Robert Edwards: bot nugt 41.10, so ave. is 41.82 on 300 NUGT, gold finally slipped to a new low
      11/12/13
    • shopvac20: Hi RE, are you preparing to go long for NUGT ?
      11/12/13
    • Robert Edwards: bot nem 27.05. gold should hold 1271 today despite current weakness
      11/12/13
    • Robert Edwards: anybody stuck in DUST finally got the move to 35 LOL
      11/12/13
    • Robert Edwards: march soybean oil making a new high, bot that on higher close yesterday according to my instablog. added on weakness in aftermarket.
      11/12/13
    • $DUST: in at 41.11
      11/12/13
    • $DUST: nugt
      11/12/13
    • Robert Edwards: bot a 32 ounce dec. gold futures contract 1274
      11/12/13
    • Robert Edwards: we could slip in here some but all dips should be well supported and nice scalping even if bottom is a day or two away
      11/12/13
    • rxraider: Bought NUGT at $41. Will get more if it dips again. What do you guys think about Yellen testifying later this week will do for gold?
      11/12/13
    • Robert Edwards: sold 27.18 and 27.05 NEM at 27.19 to make win/win. Also sold gold 1275.50 but will continue to buy all dips
      11/12/13
    • Robert Edwards: bot 32 ounce dec gold 1273
      11/12/13
    • Robert Edwards: got some more NEM 27.08 just before the surge up. Will sell out on this rally partially
      11/12/13
    • Robert Edwards: took off 200 shares of NUGT (half position) at breakeven 41.85, still long 100, will add on weakness
      11/12/13
    • Robert Edwards: decided to raise sell to 200 shares vs. 150 so did better than half position
      11/12/13
    • Robert Edwards: sold gold 1276, bot 1273, will add on weakness
      11/12/13
    • shopvac20: thanks for the activity log ... it really does help us who are learning to play the game!!
      11/12/13
    • Robert Edwards: decided to dump all nem shares not protected with calls at 27.30. will add more on any weakness
      11/12/13
    • Robert Edwards: I called 1271 in gold as holding the bottom. Looks like we stopped at 1272.60 so far, looks like I pegged it about right
      11/12/13
    • Robert Edwards: I am short 27 NEM calls for 70 cents and 27 puts from 25 to 54 cents so if we stay in this area I stand to make a big Friday payoff
      11/12/13
    • Robert Edwards: Will buy NUGT 41.10 again if we dip there
      11/12/13
    • Robert Edwards: bot nugt 41.47, will add again 40.97
      11/12/13
    • Robert Edwards: picked bottom in gold at 1271 and on the 1:30 NY close we hit 1270.50 now low. Should rally now from here
      11/12/13
    • Robert Edwards: bot gold 12.71.20 a 32 ouncer again
      11/12/13
    • Robert Edwards: bot nugt just under 41, ave. on 300 shares is 41.40. Added NEM 27.09, 1/2 what was sold 27.30
      11/12/13
    • Robert Edwards: NEM is staying above 27, way above Friday's low, while gold stumbles 2 lower prices, very impressive indeed. Low in miners may already be n
      11/12/13
    • Robert Edwards: skanky gold had to run stops down to 1269, now back above 1270. needs to stop falling in here
      11/12/13
    • Robert Edwards: bot the other half of the nem shares back at 27.03. Will see how it works out
      11/12/13
    • davePx: Yes this is a bit of drama coming in here iam in nugt as far as I am comfortable going at this point
      11/12/13
    • Robert Edwards: bot 200 more NUGT 40.05. should stabilize soon ave, price below 41
      11/12/13
    • Robert Edwards: gold appears to be a bottomless pit in here. surely stop before 1260 support gives away
      11/12/13
    • Robert Edwards: first time back towards 1251, that should be major support that causes gold to rally to 1300 again, if not 1320, even if heading lower
      11/12/13
    • Robert Edwards: If I was not already long up the gills, I would be buying in this area. However, for now, I will not add any more today & sell some if able
      11/12/13
    • Robert Edwards: I should not have jinxed the market by bragging how NEM was staying above 27. Still above Friday's low but shhh I'm not saying it
      11/12/13
    • Robert Edwards: got as low as 1260.50 in dec gold. Should get above 1265 shortly and bottom should b in for today. Still hopeful NEM closes above 27 today
      11/12/13
    • Robert Edwards: my ave. price was 40.88 in NUGT. Had 600 shares at bottom, but sold 300 @ 40.60 so still have 300. Slight loss added to remaining 300
      11/12/13
    • Robert Edwards: adding 28 cent loss onto 40.88 then I have 300 nugt ave. of 41.16. If we return to 40 or below, will buy these 300 back to ave. down
      11/12/13
    • Robert Edwards: sold 100 shares NUGT 41.06, which is loss of 8 cents, so added to remaining 200, 41.18 basically ave. on 200 nugt
      11/12/13
    • Robert Edwards: will carry 200 nugt if we rally more, and not sell unless we are above 42. Will add to nugt 40.25 or lower
      11/12/13
    • Robert Edwards: seems a bit scary to most, buying into the teeth of weekness, but it pays off so handsomely on a rally. More prudent to buy than to pass
      11/12/13
    • Robert Edwards: weakness (sp). Also bot more APOL 25.75 near lows. gold moving barely above 1265, worst should b over 4 today
      11/12/13
    • rxraider: Added to NUGT position at $40. Average is $40.50. Hoping that GDX and GLD are near the bottom of the range.
      11/12/13
    • Robert Edwards: Bot NEM shares on dip and hopeful to be able to sell 27.12, all shares bot below that price on big dip. If I get those off, cash freed up
      11/12/13
    • Robert Edwards: When I bot gold 1271, I normally would have added 1261 but was already too long in NEM & NUGT at the time so passed.1266, would b broke even
      11/12/13
    • gaklaw: Time for that late day rally in NUGT and NEM
      11/12/13
    • Robert Edwards: Will unload late today or early morning, if allowed to by market, as we could b in for one more bad downer tomorrow but that should b it
      11/12/13
    • Robert Edwards: 4th straight down day in gold, you rarely get more than 5, and they tend to occur at major lows. Looking like we r at major low in here
      11/12/13
    • Robert Edwards: just gotta survive Wednesday with not too much damage.
      11/12/13
    • $DUST: I am sort of glad I was in with very few shares, allowed me to live through that sell off :P, lets hope we see no more bottoms.
      11/12/13
    • Robert Edwards: 35 minutes of trading left dusty, saved by the final bell maybe for today. Best thing is for these kinda days to end ASAP
      11/12/13
    • Robert Edwards: if nugt drops back to 40 on close, feel much better in only 200 and not 600.
      11/12/13
    • shopvac20: RE, will you be adding to NQ before close ?
      11/12/13
    • Robert Edwards: I just bot back 100 NUGT 50.54. By accident sold 100 shares 41.00 along with 41.06 so only long 100 shares when I thought I had 200 on.
      11/12/13
    • Robert Edwards: That is a mistake that made me money LOL. I had a sell order in at 41 from earlier and forgot about it and then sold 41.06 right after that
      11/12/13
    • Robert Edwards: That is why I check all accounts, cash, positions, etc. every few minutes during day to make sure no problems.
      11/12/13
    • Robert Edwards: nq starting to rally in here but I am leaving it alone to concentrate on miners. I have to get positioned 4 big rally coming soon hopefully
      11/12/13
    • Robert Edwards: Have buy order of 200 NUGT 20.10 if it falls that low today, otherwise, just keep 200. Will dump some NEM @ 27 if able to on close
      11/12/13
    • shopvac20: question, why drop NEM and buy NUGT, why not have both, they seem to be show correlation.
      11/12/13
    • akm907: I think there will be a little upward move in gold before we hit the july lows of 1223. I wouldnt be surprised if it happens in 1 week
      11/12/13
    • Robert Edwards: I am dumping NUGT because it is leveraged and I am too unbalanced overnight and need to dump some shares and NUGT is a good fit to sell
      11/12/13
    • Robert Edwards: lightened up by selling some NEM 26.98, still trying to get some off at 27
      11/12/13
    • Robert Edwards: NQ not rallying on close. HHHMMMM!!! Wonder if that means anything. Scary up here, I am leaving it alone until after earnings
      11/12/13
    • Robert Edwards: bot nugt 40.31 (200)
      11/12/13
    • Robert Edwards: Already sold 200 NUGT bot at 40.31, sold 40.60, and then bot back 40.30
      11/12/13
    • gaklaw: gold rallied to 1269, but NUGT didn't rise with it......
      11/12/13
    • akm907: I think reversal will come any minute. at-least next 3 days should be slightly up side ways and then push up. 1260-1360 fluctuating range
      11/12/13
    • shopvac20: did you pick up any NQ after hours ?
      11/12/13
    • Robert Edwards: Have not bot any NQ, studying it now. I understand earnings come out 8 pm which is when after market closes. correct? Reaction tomorrow
      11/12/13
    • Robert Edwards: Just checked it out and earnings already out after close and down 7% click http://yhoo.it/1eJvFij Guess I leave it alone since down
      11/12/13
    • Robert Edwards: Not a good sign NQ could not soar post earnings. Spent too much energy rallying pre-earnings so it means we already saw rally (Y I No Buy)
      11/12/13
    • RANBHA: Rob, please go through this report in seeking alpha "The muddy waters NQ mobile report card'
      11/12/13
    • vanebfbc: NQ does not soar post good earning because investors still have doubts. I am leaving a very small long portion bought at $11.31 and move on.
      11/13/13
    • Robert Edwards: Bot NUGT 40.98 in premarket. Should have a nice morning pop today. Gold decided to move firmly above 1270. Great day shaping up for NUGT
      11/13/13
    • Robert Edwards: Starting today I am going to buy dips in TWTR, check out http://seekingalpha.com/p/1fhjk
      11/13/13
    • njtoms: Like a Little Prairie Dog stickin his head Up from the Western Grass. Yes, I Do see Gold and Hopefully Little Old NUGT Higher Today!
      11/13/13
    • $DUST: wondering could this be a day where nugt starts to shape up
      11/13/13
    • Robert Edwards: dumped APOL 26.11, made several daytrades in TWTR already, NQ did not pop on earnings so leaving it alone till it drops to 11
      11/13/13
    • Robert Edwards: Dumped all NEM except for the shares covered with calls. Still have lots of NEM puts short. Aggressively buying NUGT on dips, selling pops
      11/13/13
    • Robert Edwards: Bot TWTR 41 as mentioned in article. Looking great making new highs now. NUGT trying to fill gap so weakness should not stay hopefully.
      11/13/13
    • vanebfbc: Crazy NQ popped almost $2 back to green, and ZLCS regaining lost ground. Anyone think NUGT may go lower $40?
      11/13/13
    • Robert Edwards: I think NUGT has hard time to trade under 40, but also hard to break 42 on upside today. Got busy and missed NQ on lows and so won't chase
      11/13/13
    • vanebfbc: I would agree. NUGT seems to be holding pretty well with gold weakness; might be a cue for late day pop. I will observe a bit more first.
      11/13/13
    • ptTL9: in at 40.60, don't think we will fall below 39, will buy more if it deeps. ABX, GG AND NEM up
      11/13/13
    • $DUST: got a bit more at 40.6
      11/13/13
    • Robert Edwards: Trying to buy NQ 13.84, will add every 30 cents lower if filled. doing great buying TWTR 41 & lower, selling 4125 and higher
      11/13/13
    • Robert Edwards: sold some additional 27 NEM puts for 33 cents today. bot NQ 13.98 as would not fall
      11/13/13
    • $DUST: lol wow twts exolided
      11/13/13
    • Robert Edwards: Took profits too soon in TWTR. Will try to find a spot to get long again.
      11/13/13
    • Robert Edwards: I was sure right in identifying 41 area as a buy zone in my article for today
      11/13/13
    • Robert Edwards: bot TWTR 42.11, since 40.76 low, should rally $2 to $42.76 or $3 to $43.76. If we go no lower than this should pop later today or tomorrow
      11/13/13
    • Robert Edwards: On drop to 40.50 in NUGT, loaded up for 2nd time today, dumpd out above 41 again. Will do this till the cows come in or we pop up more
      11/13/13
    • Robert Edwards: Finally a kicking good day. First one this week. Like to have 2 or 3 of these a week. Sold out my TWTR. I believe it will dip lower
      11/13/13
    • Robert Edwards: trying to buy NUGT 40.65, will add every dime lower up to 600 shares. Will sell again above 41 if filled
      11/13/13
    • Robert Edwards: In aftermarket bot 400 NUGT @ 40.25 keeping as a core for a move higher. Sold out of my trading shares on strength today Scalping for fun
      11/13/13
    • Robert Edwards: caught 40.65 in NUGT but no more. Will see if we fall any more today. In the afternoon we sold off yesterday, maybe today we rally
      11/13/13
    • Robert Edwards: 27 calls are trading 55 cents when nem trades 27.30, so 25 cent premium to disappear by Friday close if we close rhere or $250 for 10 calls
      11/13/13
    • Robert Edwards: If we were to close under 27 (very unlikely) I keep the 70 cents I sold. But if above 27, I get exercised away and premium all gone
      11/13/13
    • Robert Edwards: I bot the NEM shares 26.95 and sold the calls when we were trading 27.32 last Friday at 70 cents. Only 2 more days to wait.
      11/13/13
    • Robert Edwards: I am short a mess of 27 NEM puts from 31 to 54 cents that stand to go off worthless if we close above 27. That is the real money trade
      11/13/13
    • Robert Edwards: For next week I plan to sell NUGT puts, but may wait till Friday. I don't want NUGT & NEM puts both short in case we tumble out of bed.
      11/13/13
    • Robert Edwards: We have bounced 3 times just above 1270 in gold, counting premarket. Now going into NY close, retesting lows. Better hold already.
      11/13/13
    • Robert Edwards: 1269,30, running stops, hopefully we stop 1268 or 1269 and move back up. Don't need to drop a leg down in here
      11/13/13
    • Robert Edwards: Gold stopped 1239.30 low and now back above 1271 so hopefully we can stay above 1271 or at least 1270 and we could really rally late today
      11/13/13
    • Robert Edwards: Gold stopped 1269.30 low and now back above 1271 so hopefully we can stay above 1271 or at least 1270 and we could really rally late today
      11/13/13
    • Robert Edwards: 1269.30 low not 1239.30, nearly 1272, so maybe tht is a good sign of strength coming later
      11/13/13
    • $DUST: lets hope this is not a correction day and it goes straight down afterwards.
      11/13/13
    • $DUST: still holding only a few shares for today at least, dont want to get in before trend establishes.
      11/13/13
    • Robert Edwards: Bot NUGT 20.65, 20,55 and 20.45, and I cancelled the lower buys for now. Hopeful we move higher after NY gold close in 5 min.
      11/13/13
    • $DUST: there it goes :(
      11/13/13
    • Robert Edwards: Right at 1:30 close, slipped to 1268 and closed 1268.50. Talk about manipulation. Hopefully we can get back above 1270 shortly much damage
      11/13/13
    • $DUST: is bernanke speaking today ?
      11/13/13
    • Growfast: RE - Assuming you meant you got NUGT at 40.XX above. I've been buying dips and now have average price of 41. Holding for turn. Fed is on tap
      11/13/13
    • $DUST: my avg is 40.8.. thinking might have to scale more.
      11/13/13
    • Growfast: for tomorrow, I believe. Jobs numbers Friday. Near-term, I'm fully expecting weakness of Q4 to show up, Fed to recognize it. Gold should run
      11/13/13
    • newbie872: NUGT- Fri=drop@open, pop late -Mon=drop@open, pop late -Tue=flat open, down late -Wed=flat open, [down?] late? NY close was a killer Tues
      11/13/13
    • Growfast: Yellen testimony may be released today. Speaks tomorrow.
      11/13/13
    • Growfast: I would think with the market run betting on continued stimulus, gold prices would start to move with it. So far, not seeing it, but...
      11/13/13
    • $DUST: I am long only 100 at 40.7 being the avg. hoping it pops late and opens high tomorrow :P
      11/13/13
    • Growfast: Long term treasury rates are pulling back a little as I would expect too. So, stock indexes, treasuries acting as expected, lets see if Gold
      11/13/13
    • Growfast: follows shortly
      11/13/13
    • Growfast: Now we're starting to see NUGT rally a little, even though Gold price isn't moving up much yet. Good to see the response.
      11/13/13
    • $DUST: I calpped to myself,, finally a well deserved break-out
      11/13/13
    • $DUST: you think its risky to hold overnight as bernanke speaks ?
      11/13/13
    • Growfast: My personal view (and I could be wrong), is that we either get messaging that is - no change to current (taper in discussion for Dec)
      11/13/13
    • Growfast: or, taper will not happen this year. Either neutral or positive for stocks and gold in the short-term. To me, even if taper is on the table
      11/13/13
    • Growfast: in Dec., I think the data for Q4 is going to show too much weakness. Fear of taper is still running off the 1-time jobs report that beat.
      11/13/13
    • Growfast: However, if Fed surprised us with "we start tapering now", that would be bad for stocks and Gold. They have surprised us before, but on the
      11/13/13
    • Growfast: continue stimulus side for fear they don't want to hurt the economy. q4 with holidays is a very important time of year. Can't see them taper
      11/13/13
    • $DUST: i see
      11/13/13
    • $DUST: I might go ahead and risk it, if I see its dropping ill try to get out pre market.
      11/13/13
    • gaklaw: Look at RE's original thesis (link at top of this thread) 2-3 days of sideways to lower in gold, then explode up thurs or fri. dead on.....
      11/13/13
    • gaklaw: ....dead on so far. instructs to be long by wednesday close. I am following
      11/13/13
    • $DUST: haha that would be fantastic :P
      11/13/13
    • $DUST: long 100 shares, will add on as we progress.
      11/13/13
    • $DUST: anyone got a link where we could listen to the meeting ?
      11/13/13
    • gaklaw: Gold moving up...may be last chance to get NUGT at 40.xx prices
      11/13/13
    • shopvac20: i am long in nugt as well, looking for it to stay in the green today, then do what RE told it to do and blast upwards.
      11/13/13
    • Robert Edwards: They may not make it easy, we might get another skanky move down before the close. I know if aftermarket it weak I am buying NUGT
      11/13/13
    • Robert Edwards: sold out on that last move to 40.98 and now buying back again in the 40.50s NUGT.
      11/13/13
    • Robert Edwards: gold closed 5th down day in a row. Up a couple dollars or down a few dollars, I prefer another down close so we r more oversold for bounce
      11/13/13
    • Robert Edwards: Bot some NQ 13.34, will add on more weakness but don't want to see us go below today's or yesterday's low of day.
      11/13/13
    • Robert Edwards: TWTR did finally do range expansion move and get over $2 daily range. Did not trust to hold it but should have. Bot mor NQ 13.02 hope holds
      11/13/13
    • Robert Edwards: bot some twtr 42.25, will hold overnight if does not rally much today. Glad to see NQ back above 13.
      11/13/13
    • vanebfbc: Downside seems limited for NQ, but should never fall in love with a stock. Can't decide if I should hold some NUGT overnight as it's flat.
      11/13/13
    • Robert Edwards: Dumped extra NUGT 40.85, hoping to buy lower in aftermarket like yesterday.
      11/13/13
    • Robert Edwards: Bot back NUGT 40.60, will add more on weakness.
      11/13/13
    • Robert Edwards: Aftermarket weak for NUGT hopefully but looking for up opening again in premarket for NUGT. I am going to buy good size amount for tomorrow
      11/13/13
    • $DUST: wow that last minute always amazes me.
      11/13/13
    • Robert Edwards: Dumped my NUGT 41.06 on that last surge. Love playing end of day! Now try to buy weakness in aftermarket
      11/13/13
    • Robert Edwards: added 400 TWTR 42.02 just before close, sold 42.49 aftermarket.
      11/13/13
    • Robert Edwards: If playing 100 to 200 shares at a time, usually do 300 to 500 just before close as one has all aftermarket 2 get out. 46 cents NUGT on 400
      11/13/13
    • $DUST: wow nice gold pop
      11/13/13
    • $DUST: glad I held, now lets not crash down :D
      11/13/13
    • vanebfbc: Gold at 1282 now, $10 rally right after market. So much uncertainty here and probably won't be clear until next trading day.
      11/13/13
    • Robert Edwards: Pop in gold is on Yellen remarks being released, very bullish for gold. I bot again NUGT 40.90 and 41.45, major bottom at hand on schedule
      11/13/13
    • Robert Edwards: Any weakness u get, take advantage and buy. Gold could explode 40 to 50 higher at any moment. U have been warned.
      11/13/13
    • Robert Edwards: I don't see a taper till June 2014 so the talk about December 2013 or even March 2014 is absurd. Onlly question is do they increase QE?
      11/13/13
    • Robert Edwards: GDX could rally 1.50 tomorrow which would be 6% move up or 18% in NUGT which would be to 48 area. Do not under-estimate Bot NUGT 42.17
      11/13/13
    • Robert Edwards: Bot NUGT 42.03, bot NEM 27.45, all in aftermarket. Hope to dump NUGT 45 to 50 tomorrow or Friday. Gold just needs to retake 1300 & blastoff
      11/13/13
    • njtoms: RE, No Matter What Happens. Thanks for being Our Fearless Leader. A Beautiful Mind. :) Noel
      11/13/13
    • Growfast: Positioned and ready for the explosion. Looking forward to it. As to timing, amazing how your initial analysis has played out with events
      11/13/13
    • Growfast: I'm thinking it is possible looking at 90 day chart, that we could see 1500 on Gold, especially if FED tilts its hand tomorrow to no taper
      11/13/13
    • Growfast: But, if FED doesn't data on Friday and next week may begin to make it obvious.
      11/13/13
    • $DUST: sitting firmly at 40.8.. will have hard time not selling profit, but I want to ride this ***** to sky high.
      11/13/13
    • gaklaw: RE - in your 11/1 article you said gold could slip down to 1365-1370 in a week to 10 days. It did and on day 11 - very amazing...
      11/13/13
    • gaklaw: ...you also predicted gold to rise thereafter to 1475-1500. Does that still hold? and do you still see NUGT to 75 by Jan, 2014?
      11/13/13
    • gaklaw: Is the current (hopefully) ride up on NUGT good to 50, or do you see higher potential on this short-term ride?
      11/13/13
    • gaklaw: I continue to be amazed by your eerily accurate predictions. Thanks!!
      11/13/13
    • rxraider: Gold and miners could rise. Holding my 400 shares NUGT at $40.50 average. Yellen is talking about accomodative monetary policy.
      11/13/13
    • njtoms: Janet Yellen's Testimony will Fuel the NUGT Blast-Off for NUGT Tomorrow. This will Validate RE's Thesis He Laid Out Recently. Glta/Noel
      11/13/13
    • $DUST: ahaha Wow
      11/14/13
    • $DUST: gdx touched its resistance at 24.3 right on that spike, lets hope it can pop it coming shortly.
      11/14/13
    • Robert Edwards: NEM outperformed GDX yesterday but today is underperforming. Able to add NUGT 42 premarket for daytrade sell high 42s. Buying ALL dips.
      11/14/13
    • $DUST: there is some talk that this is just a bounce before new lows. What is your opinion?
      11/14/13
    • akm907: I think the talks about new lows will be baseless if Yellen's FEDs word is on the direction of no-taper.
      11/14/13
    • akm907: low 1200's would have been seen if Yellen's statement would not have been out in which case, jobs + strong GDP + taper made that numberwork
      11/14/13
    • $DUST: when is she scheduled to speak ?
      11/14/13
    • Robert Edwards: I am long gold futures as well as long NUGT/NEM. Should be an interesting next couple days. Will add on any weakness. Pop could be big!
      11/14/13
    • glaserdx: I heard10am
      11/14/13
    • shopvac20: Follow RE, our fearless leader
      11/14/13
    • Robert Edwards: On strength talking of new highs is a warning sign to get out. On weakness, talk of new lows is a sign to buy, new lows not going 2 happen
      11/14/13
    • Robert Edwards: new lows usually occur when they are a surprise, not when expected. Talk is cheap. Always look for information of turn & going other way
      11/14/13
    • Robert Edwards: some weakness coming in as market wants to try and fill gap some. sold out all extra nem 27.72 to 27.76 to buy back lower
      11/14/13
    • $DUST: god I am freaking out here man.
      11/14/13
    • Robert Edwards: loaded up NUGT 42.50 and lower, sold out 43.00, still holding 400 core NUGT but otherwise, in and out all day
      11/14/13
    • $DUST: I am not an economist, but you think they will not taper after 3 tril already been printed?
      11/14/13
    • shopvac20: good to see some strength in gold, also seeing the demand pick up throughout Asia.
      11/14/13
    • glaserdx: printed money not entered economy via bank fracional reserve lending -- printing will continue
      11/14/13
    • Robert Edwards: again trying to fill gap some in miners, adding on weakness
      11/14/13
    • ptTL9: sold NUGT at 42.92, i don't like 3-4% gap up, i would like it to be at least around 6-7, looks like a weak bounce, not sure where its going
      11/14/13
    • Robert Edwards: drop in nugt to 42.25 a gift
      11/14/13
    • gaklaw: gold broke 1290...nugt on fire. is this the real move?
      11/14/13
    • ptTL9: Thanks, RE. i am watching NUGT and GCZ13 for another NUGT entry
      11/14/13
    • $DUST: locked in 300 bucks riding 200 sahres more long
      11/14/13
    • $DUST: how far might it go hmm.
      11/14/13
    • ptTL9: it just hit 1295, should support miners
      11/14/13
    • Robert Edwards: sold nugt 43.72 bot back 43 and under. want to buy nugt 43 to 42.50 area if not in
      11/14/13
    • $DUST: gdx broke resistnace twice now
      11/14/13
    • $DUST: going to see if riding this 200 shares long term will pay off
      11/14/13
    • ptTL9: now when i sold, i got my 6-7%! LOL
      11/14/13
    • glaserdx: sold 43.40- will follow RE's re-entry points - RE has remarkable call again!
      11/14/13
    • Robert Edwards: flat on surge towards 44 NuGT. now try to buy 43 and lower. sold nem and hope to get back 27.65
      11/14/13
    • $DUST: after having a slow month, this surely makes up for it.
      11/14/13
    • vanebfbc: Great call. Sure glad grabbed a few NUGT when it was at mid-40 yesterday.
      11/14/13
    • gaklaw: bot more in pre-market at 42.50. sold blocks at 43.43, 43.71 and 43.85. still holding core 400 at 41.34. good day so far
      11/14/13
    • gaklaw: wow - look at TWTR - wish I would have gotten in on that with you yesterday
      11/14/13
    • $DUST: lets break that 44 dollar mark :P
      11/14/13
    • Robert Edwards: wont sell off so bot back 43.47 in nugt playing half a position,hoping to buy back 43 or lower
      11/14/13
    • Growfast: Playing with 44 now. Would love to see NUGT just plow right through it. All is holding during Yellen - eyes and ears on everything she is
      11/14/13
    • $DUST: sucker just doesnt want to break that 44
      11/14/13
    • Growfast: saying. She is having to be careful in her responses, but if you read between the lines on what she is saying, I think very bullish for Gold
      11/14/13
    • Growfast: near-term.
      11/14/13
    • $DUST: arrr right at 44...
      11/14/13
    • Growfast: She was just asked if she follows Gold prices by Heller (Nev.).
      11/14/13
    • gaklaw: Look at NEM - very strong!
      11/14/13
    • $DUST: ooo that was a bleeder !
      11/14/13
    • gaklaw: Whatever she said, say it again...NUGT broke 44
      11/14/13
    • Growfast: Right on with NEM. Spiked over 28 - very nice on the position!
      11/14/13
    • Robert Edwards: dumped above 44 bot nugt 43.63 small add on weakness as low as it will go.
      11/14/13
    • akm907: NUGT not rising as much as predicted 15-20% despite the 23$ gold upward move. would be interesting to watch its close today
      11/14/13
    • Robert Edwards: bot 43.38 and will add every 25 cents lower
      11/14/13
    • $DUST: big drop :(
      11/14/13
    • Robert Edwards: 3rd down day in NQ so may fing support 12 today and then up tomorrow. TWTR had 2 dollar range so 42.50 low early expected topping 44.50
      11/14/13
    • $DUST: got a few more shares on the bottom of that dip
      11/14/13
    • Growfast: $NQ looks like it is in a place to turn and run higher now.
      11/14/13
    • $DUST: this pull back is ruining my buzz
      11/14/13
    • gaklaw: Consolidation - just makes the next run up even stronger. Buying opportunity also
      11/14/13
    • $DUST: some large gold sell off.
      11/14/13
    • Robert Edwards: took half position in NQ off at 12.77, now have win/win. If goes on up then great on remainder, but if drops down, can buy low & ave, down
      11/14/13
    • Robert Edwards: put NEM shares back on 27.83 & bot other half of NUGT position 44.30 so set up for a nice rally
      11/14/13
    • Robert Edwards: near highs of day in NEM, bot large position 27.95 and got lucky & took profits 28.09, one tick off high. Thought we might surge more but no
      11/14/13
    • Robert Edwards: It was apparent we were going to take out big round number 28 in NEM and often go 8 to 10 cents extra then pull back.
      11/14/13
    • Robert Edwards: Natural gas is something I specialize in but rarely talk about as it is a skanky market left best for professionals & I don't even consider
      11/14/13
    • Robert Edwards: myself a pro playing it much of the time LOL! Anyway, caught the weakness yesterday and riding thru today's report strength. Nat gas
      11/14/13
    • Robert Edwards: Nat gas futures should pop 25 cents in next 2-4 weeks on cold weather. Every penny is $100 per contract. Also have mini 1/4 contracts
      11/14/13
    • Robert Edwards: Nat gas is one of the best trending markets there is, long and short. We r at historically low prices that will rise next couple years.
      11/14/13
    • gaklaw: Do you ever play it with UGAZ?
      11/14/13
    • Robert Edwards: I prefer mini nat gas contracts for small traders or if one is scaling into a position, over ETFs of Nat gas, the ETFs all have problems
      11/14/13
    • Robert Edwards: The move coming up in nat gas should not b a problem for someone playing the ETFs tho as strong uptrend, but not play long term.
      11/14/13
    • Robert Edwards: Options sometimes work great too but I quit doing options in ETFs and/or futures as too thinly traded. I may do an article on nat gas
      11/14/13
    • gaklaw: Thanks for the insight
      11/14/13
    • $DUST: out with half on this last spike at 43.93.. going to keep 100 long now..
      11/14/13
    • Robert Edwards: tomorrow could be the explosion day n NUGT to 50, NEM 29 plus Could get a late surge even today. I am in and out but stay long your core
      11/14/13
    • gaklaw: sold out of NEM at 28.05, sold 400 NUGT at 44, still holding core. let's do it again.....
      11/14/13
    • Robert Edwards: Tomorrow could make today look like nothing. Either we pop big late today, or more likely, we have biggest up day Friday.
      11/14/13
    • gaklaw: OK - will reload on dips
      11/14/13
    • rxraider: Sold 100 shares NUGT at $44. Still have 300 shares at $40.50 average. Hoping gold rises to $1300 in the international markets overnight.
      11/14/13
    • Robert Edwards: Gold is weakening into 1:30 New York close as is typical. Close in 5 minutes.
      11/14/13
    • Robert Edwards: Don't blame anybody selling into 44 resistance. That is major resistance, like 28.10 in NEM. Once broken then a buy again above, but now
      11/14/13
    • Robert Edwards: Now NUGT has major 44 resistance and it is the ceiling. If we break thru then it becomes the floor but not till it does break thru.
      11/14/13
    • Robert Edwards: Dec Gold closed 1286.50, up $18.10. If you can identify support & resistance levels, you know where the floors and ceilings r on each level
      11/14/13
    • Robert Edwards: Think of levels in a high rise apartment. Markets go up and down an elevator on different floors all day. Once you start on the next level
      11/14/13
    • Robert Edwards: next level going up, then what was the ceiling becomes the floor. Now NUGT is a sell at 43.95 to 44, but could later be a floor to buy
      11/14/13
    • Robert Edwards: If the train pauses for just a moment, I want off because I don't want to lose any progress I made. I can catch the next train if I have to
      11/14/13
    • Robert Edwards: Round numbers r magnets, they often become floors and ceilings. On another note, we might get late day profit taking today, watch out.
      11/14/13
    • Robert Edwards: I dumped my NEM on that last rally above 28 and now just playing NUGT, buying each and every small dip, then taking partial profits on pop
      11/14/13
    • Robert Edwards: Anybody got thoughts about Friday's reports?
      11/14/13
    • Growfast: Anticipation is that job reports will not come across as strong as last week (surprise to the upside). If true should have these effects:
      11/14/13
    • Growfast: Long-term treasury yields and mortgage rates down, Gold up, Stocks neutral to up. Shifting of taper to longer-term view. Not Yellen, but
      11/14/13
    • Growfast: some others in the FED right now, seem to want to make the markets think the taper can happen at any time. Yellen making clear it will be
      11/14/13
    • Robert Edwards: Trying to figure out if there is any fundamental news that would make gold pop tomorrow.
      11/14/13
    • Growfast: data driven. So, all reports like jobs, GDP, inflation, interest rates, impact from global government actions all are sensitivity drivers
      11/14/13
    • Robert Edwards: If they convince market they r going to taper, they get the effect without having to actually taper. I say they can't actually taper now
      11/14/13
    • Robert Edwards: Usual FED jawboning to get the effect without having to actually do it. I could be wrong but I see more likely increase QE than decrease
      11/14/13
    • Growfast: I completely agree. But messaging seems to be targeted to temper the markets and not let them get overheated. This includes Gold. In a sense
      11/14/13
    • Growfast: artificially being held down to some extent to avoid future volatility.
      11/14/13
    • rodh7858: Rob/Grow: What economic report for tomorrow r u referring? I only see Industrial Production, Imp/Export, Empire State & Wholesale on deck?
      11/14/13
    • Robert Edwards: Capacity utilization too. Nov. employment report came out 11/8
      11/14/13
    • Robert Edwards: Don't u luv NUGT, got filled on small dip under 43.50 (43.47) then 3 minutes later sell 43.84, and ready 4 another dip! Dip Heaven Thursday
      11/14/13
    • Growfast: Rod - Good point. Jobs./Jobless report isn't on the calendar until next Thursday. 2 days ago, I read on Market Watch it would be Friday.
      11/14/13
    • Growfast: Bernanke speaks tonight, but I don't anticipate any surprises out of that.
      11/14/13
    • Robert Edwards: Just did GDX scalp, buying 24.40, selling 24.47, like watching paint dry. No wonder NUGT & DUST are so much more popular. Like the spread
      11/14/13
    • Robert Edwards: Miners look like they want to bust out the top, but gold metal too weak, holding them back. Miners need to grow a pair & move on their own
      11/14/13
    • Robert Edwards: Bot some NQ 12.42. I see APOL is back under 26 but miners is my focus right now.
      11/14/13
    • Robert Edwards: Looking for another busy aftermarket today. I plan to load up in the last 30 minutes on dips, so I have inventory to sell if we pop aftermkt
      11/14/13
    • Robert Edwards: I make more $$$ in premarket & aftermarket than I do daytime trading. Spreads are wide & I am often the bid and the ask (pseudo mkt maker)
      11/14/13
    • Robert Edwards: TWTR bottomed 44.05 a few times today, so I was going to buy 44.06 & we traded 44.04, but I failed to get order in (got a phone call) Drats
      11/14/13
    • Robert Edwards: minders are rallying a bit early. took profits 43.90 in NUGT but wondering if I erred.
      11/14/13
    • Robert Edwards: Stopped back in long NUGT 44.03, will add on any dips to average down
      11/14/13
    • Robert Edwards: New HOD break this late, very impressive, added 44.16 to the 44.03, could be late day breakout
      11/14/13
    • $DUST: wooo. glad I held.. was worried there for a ssec
      11/14/13
    • vanebfbc: As an interesting side note, Tile Shop Holdings ($TTS) is experiencing similar short attack as $NQ right now, down ~40% to 12.95 and halted.
      11/14/13
    • $DUST: you think there is a major pull back due tomorrow on nugt ?
      11/14/13
    • Robert Edwards: No matter what happens rest of day, I am taking this as bullish confirmation for tomorrow action, and all dips are a buy. I will add if dips
      11/14/13
    • $DUST: <3 lov goes out to the man with scary right predictions
      11/14/13
    • Robert Edwards: We had support 40 and resistance 44 for a couple days n NUGT. If we can bust thru and stay above 44, then 44 could b support, 48 resistance
      11/14/13
    • vanebfbc: Another heavily shorted Chinese stock is FAB Universal Corp. ($FU), dropped 15% on SA article mid day today but pulled back to green.
      11/14/13
    • vanebfbc: Will definitely hold my NUGT until tomorrow with you guys. Gold barely budged so I suspect it's a temporary suppression.
      11/14/13
    • Robert Edwards: Just bot more 44.06, sold 44.33, they are buying every dip. This is money in the bank buying dips in NUGT right now
      11/14/13
    • Robert Edwards: typo, sold 44.23 not 44.33. I have the higher price sell order in but not filled, lower one filled.
      11/14/13
    • davePx: I have sold a small part of total holdings in nugt but look fwd to tomorrow .. Like Robert will buy if it dips
      11/14/13
    • Robert Edwards: Came back down and stopped 44.01, usually return when breaks out, to the breakout spot. If we hold and then go back up, very bullish
      11/14/13
    • shopvac20: Thanks to RE for the knowledge, keep that gold bull running
      11/14/13
    • njtoms: Hey, R.E. You plan to Hedge your NUGT with a little DUST? Thx/Noel
      11/14/13
    • zaw77: Thx Robert, I could learned today again from you.
      11/14/13
    • Robert Edwards: With the breakout and close above 44 in NUGT, will leave DUST alone for now, Noel. But tomorrow I might look at DUST, thanks for reminder
      11/14/13
    • vanebfbc: TTS up 13% AH after company refuted short claim of inflated revenue. Saw it coming but can't trade AH :(
      11/14/13
    • davePx: Nugt is coming down in pre mkt will watch closely to see how far it might go
      11/15/13
    • shopvac20: I like the premarket bounce, Robert, what are you thinking this morning?
      11/15/13
    • $DUST: held 100 shares overnight, didnt like that fact that gold did not go higher.
      11/15/13
    • Robert Edwards: Bot NUGT premarket in the 43.60 area but kept selling out on small gains in case we continued to fall. Going up without gold's help bullish
      11/15/13
    • $DUST: im am selling on market open.. will add a few more if it dips
      11/15/13
    • Lefty6x6: pop at the open, TEETER (as usual) then the pull back TOTTER so sell NUGT early, buy DUST then wait for it to happen and sell it too.
      11/15/13
    • $DUST: sold and took a bit smaller gain than I wanted. was hoping it would pop at least a few more pennies
      11/15/13
    • Lefty6x6: yea, me too - but a gain is a gain --- more ins and outs today though...keep working
      11/15/13
    • Robert Edwards: All dips r a buy...I REPEAT,,,,,all dips e a buy....NUGT/GDX/NEM
      11/15/13
    • Lefty6x6: selling nugt @ 45 even
      11/15/13
    • Lefty6x6: BANG...done for the day. see you guys later...im going fishin !
      11/15/13
    • Robert Edwards: sold NUgt 44.97, will buy all dips now
      11/15/13
    • Robert Edwards: I want to see if it can move thru 45 resistance. rather buy higher after I know range extension is in play, than here at resistance
      11/15/13
    • $DUST: good luck and have fun. bring me some dinner :P
      11/15/13
    • $DUST: how low do you think nq might go
      11/15/13
    • Robert Edwards: nem should find resistane 48.50, 45 reistance in NUgT. it is Friday and option expiration so pins at a round number hard to pop fridays
      11/15/13
    • Robert Edwards: i now will buy 100 shares NUGT every 30 to 50 cents lower and sell strength partial profits
      11/15/13
    • Robert Edwards: strong premarket to 44.90 told u to add on 1st dip today and wait 2 take profits towards 45. Know this n the future...retrace premarket
      11/15/13
    • Robert Edwards: no need to sell out less than optimal prices. also NEM made new high breaking yesterday's high and also low should b higher than yesterday
      11/15/13
    • Robert Edwards: higher high and higher low confirms bullish pattern so buy ALLLLL DDDIPPPPSS!!!!! We r in an uptrend. Did I mention to BUY DIPS???
      11/15/13
    • Robert Edwards: if gold can get footing then it could pop thru 1290, 1295 or 1300 and NUGT could run....u don't want 2 miss that so BBBUUUUYYY DDDIIPPPSS.
      11/15/13
    • $DUST: lol, alrighty there rob, will add with what ever I have left and ride it long as well.
      11/15/13
    • $DUST: thx
      11/15/13
    • Namaste13: How high do you think NUGT can go today?
      11/15/13
    • Robert Edwards: bot twitter today just above 44, as it is Friday & all round numbers are buys if dip into number, sell if rally into round number - options
      11/15/13
    • shopvac20: thanks RE - Yellen said no tapper yet, I am guessing that was already priced into gold, not much of a pop
      11/15/13
    • Robert Edwards: option players get busy on Friday @ round numbers. Great day to trade Friday - weekly options makes Fridays piece of cake easy money trades
      11/15/13
    • $DUST: in at 44.26 and holding
      11/15/13
    • Robert Edwards: TWTR does not even have options yet but round number still worked for buy as it worked yesterday great. Little chart info so round numbers
      11/15/13
    • $DUST: no matter where this goes today I made good money. All thanks go to you rob.
      11/15/13
    • Robert Edwards: round numbers and 2 dollar range is only thing u can trade on nearly in TWTR right now
      11/15/13
    • Robert Edwards: u should have buy order sitting in NUGT just above 44, like 44.10
      11/15/13
    • Robert Edwards: and hope support breaks down so u can buy 23.76 & 23.51
      11/15/13
    • gaklaw: Added at 44.05. Thanks for all the updates RE....keep it coming!
      11/15/13
    • Robert Edwards: then when we rally to 44.50 area, sell some shares, more 44.80 then prepare 2 catch next dip. I dipped all day Thursday, every 10-20 cents
      11/15/13
    • Robert Edwards: Don't need 2 thank me, thank yourself. It is u who decides to make trades, 2 stay in trades, 2 buy, sell, or hold. I am an aid like
      11/15/13
    • gaklaw: would like to see that big gold bounce like yesterday around 10:30...that would blow us well through 45
      11/15/13
    • Robert Edwards: like training wheels till u can do what I do on your own & then tell me where we r going instead of me telling u. I will make a deal with u
      11/15/13
    • Robert Edwards: Don't give me credit 4 your gains.....and then don't blame me 4 your losses. If I take credit for your gains, then I was responsible.
      11/15/13
    • Robert Edwards: That would mean I am responsible for your losses as well, which I am not. Just say that hey Rob, u got that one right, thanks, it was good
      11/15/13
    • Robert Edwards: And I will say, yep, it was good. Hope I get the next one right too and don't buy in too early LOL. Guesses not that important except
      11/15/13
    • Robert Edwards: Except guesses of future helps u know if u should be biased long or short. The bias is important, not if timing is perfect or not
      11/15/13
    • glaserdx: in @44.18- as Rob has been great!
      11/15/13
    • Robert Edwards: Current weakness in NUGT to be expected. It is Friday. Should hold 43.40 to 43.50 area u would think. We can go sideways 1-2 days till
      11/15/13
    • Robert Edwards: till gold pops back thru 1300. Don't get bearish or forlorn during weak time as by Tuesday next week, should be 46, 48 or 50 or higher
      11/15/13
    • Robert Edwards: Yesterday we had resistance 44 and support down to 42.50 so today we have 45 resistance and support down to 43.50. Easy peasy
      11/15/13
    • glaserdx: forlorn - love that description
      11/15/13
    • Robert Edwards: options players want to pin to a price in NUGT, GDX, & NEM that is a round number. So 44 in NUGT, 44.50 GDX and 48 or 48.10 NEM reasonable
      11/15/13
    • Robert Edwards: Sold TWTR 44.60, just bot again just above 44. Round numbers and 50 cent mark halfway between r critical levels especially Fridays - options
      11/15/13
    • Robert Edwards: I have 400 NUGT bot on this dip, with average 44.02. Will wait for 43.00 to add more
      11/15/13
    • Growfast: I agree with you on the hold long Gold positions now (GDX, NUGT, call options). Factory orders down today. Jobs numbers next Thursday. Data
      11/15/13
    • glaserdx: Rob any DUST?
      11/15/13
    • Robert Edwards: I sold my NEM 28.30s that I bot in premarket @ 28.07 but should have sold 28 calls instead but had lots going on and couldn't get to it.
      11/15/13
    • Growfast: reporting should confirm weakness of US economy versus high expectations after surprise last week jobs report. Likely lower USD/higher Gold
      11/15/13
    • Growfast: USD already dropped so far this morning on the weak factory orders
      11/15/13
    • Robert Edwards: Anything under 43.40 is a gift. Don't look at weakness as bad but as good. Letting u in for prices u don't deserve. Buy if u got cash
      11/15/13
    • Robert Edwards: Under 43.40 is a gift in NUGT. What were those people buying in high 44s in premarket after opening 43 first trade premarket, GDX down 20
      11/15/13
    • Robert Edwards: I accepted the gift and bot NUGT 43.30, could not wait for 43. got 500 NUGT with ave. just under 43.90, not bad
      11/15/13
    • ptTL9: thanks, got in at 43.30 and lets start a new tread, please
      11/15/13
    • Robert Edwards: We already took out yesterday's high & far from yesterday's low so we r in uptrend no matter what NUGT does today. Patiently waiting on gold
      11/15/13
    • Robert Edwards: ok, lets move 2 a new thread
      11/15/13
    • glaserdx: second ptT9 new thread
      11/15/13
    • ptTL9: thanks, believe we had the longest tread ever, record! Congrats! LOL
      11/15/13
    • Robert Edwards: sold 200 NUGT 43.74, taking out my lowest 200 shares. I am now long 43.76, 44.10 and 44.50+ Now had a win/win setup!
      11/15/13
    • Robert Edwards: I win if we drop as I can add 200 shares at low prices and average down, I keep money made on low shares sold & if we rally, get out of high
      11/15/13
    • Robert Edwards: Put a sell order in at 43.80 to dump 43.76 shares if I am lucky, and then I can easily buy 300 shares on further weakness. 43.76 not helping
      11/15/13
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