Seeking Alpha
  • Robert Edwards
    Gold bull is down but not out, for $NUGT, $GDX, $GLD, $NEM, $ABX. New article click http://seekingalpha.com/p/1hblb No $DUST
    12/12/13
    Reply (220)
    • nclsamy: Thank you, RE!
      12/12/13
    • ptTL9: good read http://bit.ly/1bzLynH
      12/12/13
    • Growfast: Good article RE and thanks for sharing TL9. Only the markets know what is ahead for Gold and miners. I am in agreement that we are at or
      12/12/13
    • Growfast: near lows. But, charts and analysts don't know whether we are going to rocket higher soon, base for 1,2 or 3 months, shoot lower, then
      12/12/13
    • Growfast: rebound. But, part of the fun of the ride is the mystery and positioning for the most likely outcomes and learning to train our intuition to
      12/12/13
    • Growfast: grow to trust and respond to our instincts.
      12/12/13
    • davePx: Instincts are good along side good information and knowledge....we have it all here, just need to improve how we bring it together
      12/12/13
    • Robert Edwards: Bot my NEM back 23.02 & 22.99, could be early but a big gap down overall.
      12/12/13
    • Robert Edwards: If gold can stabilize, normally GDX would try and fill gap. Of course these are hardly normal times.
      12/12/13
    • davePx: Good article Robert...let's see if we can get the bulls to react today and tomorrow with enough to break 1260/1270
      12/12/13
    • Growfast: 200 NUGT @ 25.26
      12/12/13
    • davePx: The relentless selling is like some old science fiction move ..."they just keep coming"
      12/12/13
    • melanielshop: I think equities and gold are under pressure until we get official QE news
      12/12/13
    • Growfast: 100 NUGT at 24.9
      12/12/13
    • Robert Edwards: Newmont new low, not yet a new low in GDX. Gold down over $30, searching for a bottom. Can't be many bulls left to wash out so bottom close
      12/12/13
    • Growfast: mel - I think you are correct. Anticipation and speculation on what tapering will be or when has USD, treasury rates, equities and gold
      12/12/13
    • Growfast: all over the place and over-reacting.
      12/12/13
    • Growfast: Ride back to 1260 to 1280 wouldn't be bad for today on a contra move
      12/12/13
    • davePx: Go Grow ...buying now too!
      12/12/13
    • Robert Edwards: Buying on weakness 9:52 a.m., ABX # 22, NEM # 26, IAG # 58, GOLD # 70, GLD # 80, AUY # 85 Could be a positive sign buying coming in
      12/12/13
    • shopvac20: I am still holding all my shares, this bull is still standing, but hungry for an uptick.. its tough to put more into it while watching ....
      12/12/13
    • shopvac20: ,... while watching gold go down $5 bucks every hour, looking for stabilization then a bounce ! then another bounce ...
      12/12/13
    • bobzic: $NUGT : Gold on his road to 1030. Play $DUST.
      12/12/13
    • davePx: Great opportunities, tricky to call over the last 2 weeks
      12/12/13
    • Robert Edwards: Buying on weakness at 10:02, GLD moved from #80 to #35 on list. GDX/NUGT still not on list but, all 6 earlier gold related made top 100
      12/12/13
    • Robert Edwards: Thanks bobzic, your comment was very timely on a contrarian basis, maybe that was the bottom
      12/12/13
    • vanebfbc: Miners slightly better in the tiny rebound. Looking for a small dip to add back.
      12/12/13
    • shopvac20: RE .. where do you see that list ?
      12/12/13
    • Growfast: shopvac - I think every time Gold gets a move down, lots of 1280, 1200, 1180, 1000, 850 callers come out of the woodworks. But, so far...
      12/12/13
    • Growfast: every time we see the 1220 range, the bulls take over. Now, with taper, there is enough fear, we can't seem so far to push beyond 1260.
      12/12/13
    • Growfast: But, unless we get some news that drives Gold down hard, not sure we will see Gold below 1220.
      12/12/13
    • Robert Edwards: http://on.wsj.com/AASMqQ buying on weakness site, WSJ, also have selling on strength, different tab
      12/12/13
    • Robert Edwards: Great buying Grow, right in the teeth of the dragon, major "blood in the streets" buying takes a real pair
      12/12/13
    • Growfast: Thanks for sharing, Rob. Gives some good near real-time insight to money movement
      12/12/13
    • shopvac20: Thanks both RE and Grow... I have a hefty amount of NUGT ... and not much capital to play with... lets push this ball up the hill together.
      12/12/13
    • vanebfbc: Gold is lacking sell pressure here. Can't say for sure for the rest of the day but it seems bullish on miners.
      12/12/13
    • davePx: NUGT showing resilience ...RSI claiming ...a good sign
      12/12/13
    • shopvac20: GLD is in the top 20, NEM is moving up, and SLV has made the list ... I want NUGT to get on there ...
      12/12/13
    • Growfast: 1230 is providing a little resistance for Gold this morning, but once we pop that on the upside, should be some room to run above that.
      12/12/13
    • Growfast: Vane - agree that so far, looks to be a bullish Gold/NEM/GDX/NUGT day rather than a DUSTy day. Skys are clear here in Houston
      12/12/13
    • Robert Edwards: Houston, we might no longer have a problem.
      12/12/13
    • Growfast: Working above 1230, I'm calling for lift off
      12/12/13
    • Growfast: Need to jump it with conviction and run right through it, At present, still working in this area. Need the move.
      12/12/13
    • davePx: Grow...are you buying?
      12/12/13
    • davePx: Drinks that is...
      12/12/13
    • Growfast: Not yet but when we get the big one, you got it! RE's got the T-Shirts.
      12/12/13
    • Robert Edwards: NEM is making a bullish looking hammer configuration on chart and trading above the opening.
      12/12/13
    • vanebfbc: My limit buy order for $NUGT filled at 25.80, so now my book value averaged down to 26.70. Could've added lower but can't complain.
      12/12/13
    • melanielshop: IAG just came out that they are suspending their dividend.
      12/12/13
    • shopvac20: Grow, I am here in Houston too, small world ( a colorado native in Houston - Go Broncos) We are above 1230 .. keep it moving!
      12/12/13
    • Growfast: Well then, you and I are about ready for a ski trip, shopvac. If I make enough in Gold, I want to buy a place in CO to split time.
      12/12/13
    • shopvac20: thats a great play sir, just went up to Breck with the fiance last weekend to find our spot. grew up in Steamboat, still have a place there
      12/12/13
    • shopvac20: now we just gotta break even, then make some money on top of that (still up from previous NUGT DUST trade) -- and life is good :)
      12/12/13
    • davePx: Second that one, great place to grow up...could use a ski trip when this drama is over!
      12/12/13
    • davePx: Have to put up with living in San Diego for now....tough life..
      12/12/13
    • shopvac20: Good game tonight for us dave.. Broncos and Chargers.. Absolutely down for a ski trip, and will wear the shirt proudly once we have survived
      12/12/13
    • davePx: Chargers are like gold stock...they either are great or they fail terribly.
      12/12/13
    • davePx: Strength in US dollar is not helping
      12/12/13
    • Growfast: USD and Treasury yields both pricing in big taper, it appears. mel had mentioned earlier the news in IAG dropping dividend. That fuels the
      12/12/13
    • Growfast: fire a bit for bears on minors. Gold price moves up a good bit, it won't matter. If Gold hangs here or goes down, more miners could follow.
      12/12/13
    • Growfast: Question really is though - is gold in this range here for a few weeks, months or what? If in 1 month it is at 1400, it is only a blip on
      12/12/13
    • Growfast: radar. This is what we have to keep watching and thinking about. But, even with IAG, dropped 7% after dropping dividend, but is that the
      12/12/13
    • Growfast: low for the next several years? Or, is there some downside left?
      12/12/13
    • davePx: Well?.. We can always break into new territory ...just an aside I have been trading smith and wesson SWHC it shows promise for the next qtr.
      12/12/13
    • Growfast: SWHC and Ruger - RGR have been performing very well for several years.
      12/12/13
    • Growfast: Here we go with another run on 1230+....
      12/12/13
    • shopvac20: things were moving along smoothly, then we take another set back. i say gold needs to pop back above 1230, if gold slide I see miner PAIN
      12/12/13
    • Growfast: shopvac - right. We really need to move on beyond 1230. Not enough fuel driving this last rally. ET time zone folks out to lunch now.
      12/12/13
    • Growfast: Sometimes good rally when they return. Need to watch. Need to see strength or I may look for exit on my NUGT trading shares for later low
      12/12/13
    • Robert Edwards: The miners keep rewarding bulls who r bottom picking, taking any profits when they occur. Until that changes, I plan to take profits daily
      12/12/13
    • Robert Edwards: Already day traded NEM twice, selling strength on rallies, and buying back on dips. Keeping core NEM shares but dumping extra shares
      12/12/13
    • Robert Edwards: Yesterday I completely dumped out of NEM overnight. I may do that occasionally and will aggressively start playing NUGT on further strength
      12/12/13
    • Growfast: Strength while Gold moving down, sold out of some NUGT at 26.06 for profit from buy this am. Will buy again lower if I can get it.
      12/12/13
    • shopvac20: Still holding core NUGT shares from weeks ago, feeling the pinch.
      12/12/13
    • shopvac20: twitter is going crazy, almost bought on their weakness this morning, good ole should coulda
      12/12/13
    • davePx: GDX on the list now
      12/12/13
    • davePx: Bottom of the list..
      12/12/13
    • Growfast: Continue holding core NUGT, back in now with trading shares for this afternoon bull. Looking for the new highs of the day.
      12/12/13
    • davePx: US$ is loosing a bit of ground...may improve the situation
      12/12/13
    • shopvac20: I want to see green as we move towards the end of the day, is that to enthusiastic? guess we shall see.
      12/12/13
    • davePx: GD and NUGT are hanging in there ...it looks like a typical setup for a strong close....
      12/12/13
    • Growfast: That's what i'm thinking. The bears get to stake their claim of one of the biggest drops in gold on the close, so should be open to rally
      12/12/13
    • Growfast: As long as from the rally point, the close is down from that again tomorrow so they can again use the headline. I like the strength in miner
      12/12/13
    • Robert Edwards: miners rallying with gold under 1230, if gold would move up, miners could easily close up for the day.
      12/12/13
    • davePx: NEM Gdx popping on and off the BOS list
      12/12/13
    • davePx: Sorry the buy on weakness list
      12/12/13
    • Growfast: I agree, RE. Gold is looking a bit sleep now but love to see it wake up last 30 minutes here. Miners continuing to show strength.
      12/12/13
    • njtoms: Check out barrons.com. Televised Interview with ML's Cynthia Hewitt, She Makes a Very Strong Case for the Gold Miners Turnaround. 5-min tape
      12/12/13
    • Growfast: Sold trading shares 25.53 going into the close. Wanted bigger rally today. Will watch what Gold does in the am.
      12/12/13
    • shopvac20: at least the minors hung in there, with gold losing so much ground it could have been much worse. Still dont like seeing RED
      12/12/13
    • Robert Edwards: Sold extra NEM 23.33 last half hour to raise cash for any further weakness. Late in the day miners have trouble staying on BOW list a they r
      12/12/13
    • Robert Edwards: much smaller cap than many other stocks competing against. Early in the day is most important and even slow drop during day considered good
      12/12/13
    • Robert Edwards: As total volume increases during day, harder to make the extra buying needed to make the list.
      12/12/13
    • Robert Edwards: One thing I should have done yesterday was sell calls expiring this Friday to protect against the consolidation. Could have helped my NUGT
      12/12/13
    • Robert Edwards: big if I sold 27 calls, $3 in the money, expiring Friday. Even 28 calls would have been great. Gotta do that more.
      12/12/13
    • Robert Edwards: GDX had to do heavy lifting on close without aid of gold. Good to see close above 21.00 at least. Could have been much worse today.
      12/12/13
    • Growfast: RE - I thought about selling calls on NUGT too, but didn't pull the trigger because still had expectation for the upside. Hindsight makes it
      12/12/13
    • Growfast: easy to go back and sell those calls. But, nothing would have been worse than to finally get the rally to 45 and be out at 28 because call
      12/12/13
    • Growfast: was exercised.
      12/12/13
    • Growfast: I might look at NEM puts for this week tomorrow if we get some down action but expect to head back up.
      12/12/13
    • shopvac20: video from nj suggest that miners will lead the fight outta of this mess... I wouldnt mind if today was a step in that direction.
      12/12/13
    • Growfast: Not sure I have confidence miners can do it without Gold. Gold prices go up, miners position rapidly improves. Low gold, they have to cut
      12/12/13
    • Growfast: costs. Back to expectations on Gold.. 1 day here. 1 month. 3 months. Wish I knew the CEOs of some of these miners to see if they have good
      12/12/13
    • Growfast: indicators. Forward contracts on Gold don't have much higher pricing.
      12/12/13
    • Growfast: Yet. It will change, but when?
      12/12/13
    • vanebfbc: By the end of day gold actually dropped more in % than $NUGT, so any slight increase in gold price tomorrow at open might induce a bounce.
      12/12/13
    • Growfast: Agree vane. Miners want out of this mess and money is flowing into them believing. With any strength in underlying Gold, miners outperform.
      12/12/13
    • Growfast: And, just maybe, they have better insight to the future gold pricing. Heavy insider buying just might begin to shape trajectory on miners
      12/12/13
    • shopvac20: and we are positioned will for some miner out-performancing :) talk to you all in the AM.
      12/12/13
    • Growfast: RE - You building strategy thoughts for going into the FED announcement next week on 18th? I'm thinking about whether strategy should be
      12/12/13
    • Growfast: all in with core + trading shares, or, whether to have trading shares offline to move into market based on reaction.
      12/12/13
    • Growfast: Today, DXY, Treasury Yields and Stock market seem to me to be over-reacting, as if the FED will start tapering significantly. No taper or
      12/12/13
    • Growfast: very small taper, might ignite stocks, lift treasury and reduce their yields, and run a bit of a rally in Gold. As you said, no or small
      12/12/13
    • Growfast: taper might drive small rally. Look forward to your thoughts on this.
      12/12/13
    • glaserdx: I agree Grow - think small taper - down 10-15bil-- would ignite a relief rally across the board - been under this sword of Democles too long
      12/12/13
    • ricejudicata: Love the Sword Of Democles reference. Thanks, RE, for all the fantastic articles. Holding on to my 2400 shares at 31. Giddy up, boys.
      12/12/13
    • njtoms: GDX/Fast $ Show: Grasso owns GDX may Add More here. The Lit Fuse for the Miners will Happen when they Reveal their Hedging Gold for Losses.
      12/12/13
    • njtoms: Following the Kinds Words for GDX from CNBC's Fast $$$ Segment. GDX is Up $.11 in AH's.
      12/12/13
    • bobzic: $NUGT : just after 4 pm, three big trades : 107000 GG, 55600 NEM and 68400 ABX. Source : Nasdaq.com
      12/12/13
    • Robert Edwards: New article, same thread, click http://seekingalpha.com/p/1hdw3
      12/13/13
    • Growfast: Thanks for another great article, RE. Gold prices are looking perky this morning and have surpassed resistance of yesterday.
      12/13/13
    • shopvac20: looks like some bulls are ready to run.. thanks for the morning read RE.
      12/13/13
    • njtoms: Your article had absolutely nothing new in content. With the exeption of your defeatist attitude. Take me off the 6 hour delay I report U2MC
      12/13/13
    • davePx: Thank you RE. Looking fwd to being on a positive track today
      12/13/13
    • davePx: Perky...yes I like that technical word!
      12/13/13
    • davePx: Some initial then a pop ....but I wonder how this day will unfold towards noon and beyond.
      12/13/13
    • davePx: Sorry some initial selling....
      12/13/13
    • davePx: I would make an "educated guess" that we will see a slow grind up to 30 or so ...
      12/13/13
    • davePx: There is the pop now pull back and grind up....predictable, maybe!
      12/13/13
    • Growfast: Looking for entry on my trading shares. Wasn't here to pull the trigger at 26.9.
      12/13/13
    • Growfast: in with 3/5 of trading shares at 27.49. Looking for another entry on other 2/5. Holding core and calls
      12/13/13
    • Growfast: In with other 2/5 at 27.29. Wanting Gold to rally much further today.
      12/13/13
    • Robert Edwards: Today looks like 9/25/13, & could be strong today and then roll over Monday, so Monday gaining strength is critical. Need to watch it close
      12/13/13
    • Robert Edwards: Bot extra shares late yesterday that I will probably sell out by end of day to see how much follow thru we get on Monday. If Monday
      12/13/13
    • shopvac20: I would feel good about going into the weekend with gold at 1250
      12/13/13
    • Robert Edwards: continues up then bottom is in for a few weeks. If Monday rolls over, then more of the same for retest of bottom another few days
      12/13/13
    • Robert Edwards: If there is any justice, GDX could pop to 21.80 or 21.90 today. That would probably take a further move higher in gold to accomplish.
      12/13/13
    • Robert Edwards: Shortcovering into the weekend could help out late and cause gold and miner rally late today. Then see if bears try to kill back on Monday
      12/13/13
    • Robert Edwards: From this day forward, I am going to be very aggressive in taking actions if we act week as it is critical we start doing something positive
      12/13/13
    • Robert Edwards: weak not week (typo). Weakness I am going to sell calls or partially liquidate to reposition. Let strength run but won't let weakness hurt
      12/13/13
    • Robert Edwards: me anymore. It is time for gold and miners to perform and if they don't do it, I will be taking defensive measures, even if it is for a
      12/13/13
    • Robert Edwards: few hours. I have a large position long the GDX/NUGT/NEM and lots of opportunity to lower my average price if I am smart about it.
      12/13/13
    • Robert Edwards: Under no circumstances do I expect or will I tolerate a new low to be made in GDX. As long as we keep building, great. Anytime I see
      12/13/13
    • Robert Edwards: struggle then I will day trade and not buy back in till I see stabilization and strength returning. Today should be fine, Monday is test
      12/13/13
    • Robert Edwards: Noel (ntjohn) I am not worried about my church attendance, I am ranked #3 on the instablog list. But I don't say things based on popularity
      12/13/13
    • Robert Edwards: I also don't want to give false hope or act positive just to be positive. I feel the truth is more helpful. I call them as I see them.
      12/13/13
    • Robert Edwards: nytoms, njtoms, whatever your handle is, I hardly notice your name or comments
      12/13/13
    • shopvac20: $ falling, good for gold. http://reut.rs/19H9DWF
      12/13/13
    • shopvac20: thanks RE .. sounds like we need to be willing to work on our core shares to avg down ?
      12/13/13
    • Robert Edwards: All rallies in miners continue rewarding taking all profits quite quickly. Until that changes, we should sell on strength to buy back low.
      12/13/13
    • Robert Edwards: Selling up to 50% of position never hurts even if market rallies without you. Just add the loss taken to remaining shares. Use cash to
      12/13/13
    • Robert Edwards: buy back here or a different stock. My new year's resolution is to sell out 50% the very moment I see things not looking good.
      12/13/13
    • Robert Edwards: I say that I should do that, but I just need to be like Nike and do it.
      12/13/13
    • Robert Edwards: Just like today, everytime a whole dollar number is hit in NUGT, it sells off. Above $28, one could sell out half, and buy back below $28.
      12/13/13
    • Robert Edwards: Just 50 cents repositioning a couple times a day on 50% will reduce my breakeven price by 50 cents on entire investment. Adds up
      12/13/13
    • Robert Edwards: Weekly slippage is 2 1/2% so need to reposition about 75 cents each week. Should not be hard to do at all in a week
      12/13/13
    • metalhead: Who's afraid of the terrible un-taper? Not me.
      12/13/13
    • Growfast: I know what you mean, RE. I'm working similarly now. Sold out of trading shares at profit and looking for re-entry. Trying to ensure I
      12/13/13
    • Growfast: position for more flexibility. To get out before dropping too far, and too grab opportunity when value is there.
      12/13/13
    • njtoms: Mr. Edwards: Get Your Facts Straight. Around 2 weeks ago you said NUGT Monthly slippage was 4%. Now it's 10%. Bobby what is it?
      12/13/13
    • metalhead: Fed stooges on deck next week! Clown car wanted!
      12/13/13
    • Robert Edwards: Check out the last paragraph of this article. Sums up things quite well. http://bit.ly/19HmojV
      12/13/13
    • Growfast: Back in trading shares at 27.56
      12/13/13
    • Robert Edwards: Noel, It is 10% per month slippage in NUGT & DUST as stated in the article I wrote about things one must know before trading leveraged ETFs
      12/13/13
    • Robert Edwards: The 10% is an average because if most days are up, much less slippage compared to most days down, also degree of moves weighs in too
      12/13/13
    • davePx: OK time for the slow grind upward....
      12/13/13
    • Robert Edwards: I have been working on some trading rules to help limit drawdowns while playing leveraged ETFs and will do an article next day or so asking
      12/13/13
    • Robert Edwards: for feedback and getting ideas from others. I will share some ideas I brainstormed and curious to see what others think.
      12/13/13
    • rodh7858: Rob such an article would be gr8 and I look forward to reading it. Thanks.
      12/13/13
    • Growfast: Agree with Rod. Look forward to seeing your thoughts, RE, and glad to contribute ideas.
      12/13/13
    • Growfast: dave - you are right. Today is a grind. Looking for those East coast bulls returning from lunch to give us some pop this afternoon.
      12/13/13
    • Robert Edwards: GDX opened 21.24 so it needs to close above that price if possible. Right now down 6 cents from that
      12/13/13
    • davePx: Yes today just looks like a day of indecisiveness on the investor side
      12/13/13
    • newbie872: GDX also slips with respect to gold which is also leveraged through NUGT/DUST. Last time GDX was in the low 20's, gold was $750/oz.
      12/13/13
    • Robert Edwards: Gold closed 1235, not a bad close. Earlier in the day when gold was at 1232 to 1233 area, miners were much stronger. GDX missed filling gap
      12/13/13
    • Robert Edwards: by 2 cents. It is Friday and nearing end of year and holidays, but would like to see some strength return before the close
      12/13/13
    • Robert Edwards: Sold NEM couple times for day trade scalp but apparently bot it back too soon at 23.35. If we trade back to 23.40 will dump extra shares
      12/13/13
    • davePx: Yes Robert, I would like to see signs of a trend one way or the other. In relative terms faced with similar circumstances gold has at least
      12/13/13
    • davePx: Shown a direction.
      12/13/13
    • Robert Edwards: We have options expiration every Friday, and I was hopeful they would try to pin GDX at 21.50 or 22, & not 21.00 like it is looking like now
      12/13/13
    • davePx: The strength of the dollar may take a toll today
      12/13/13
    • Robert Edwards: We have 16 weeks of miner pain. Over the next 2-3 weeks, should get a significant rally, but if we don't need to lighten up because very
      12/13/13
    • Robert Edwards: negative if we are stumbling and fumbling like we are now. I keep thinking I will awaken to a new GDX with bounce but keep being wrong
      12/13/13
    • Robert Edwards: Friday should be a great incentive for bears to short cover but instead, they appear to be piling on more on any small early pop.
      12/13/13
    • Robert Edwards: I challenge GDX to shock us all and rally 30 to 40 cents late today!
      12/13/13
    • Growfast: Well, at least Gold is taking a stand now and starting a run up. Need some air under those wings to continue to carry it higher.
      12/13/13
    • davePx: With any strength today you would have seen 1250 ...no key drivers taking gold fwd.
      12/13/13
    • davePx: Can you think of anything that really matters now for gold, I can only see if a pullback in equities causes fear hense emigration to gold
      12/13/13
    • davePx: A lot of self fulfilling prophecy too!
      12/13/13
    • davePx: Defiantly saw I indicate reaction to the market moving down just now ....gold wint positive
      12/13/13
    • Growfast: Dave, I do think you are correct in the near-term. No major driver for gold prices. Inflation low; USD rising a bit, world politics
      12/13/13
    • Growfast: relatively calm. FED wants to see more healthy inflation - that would be a bit of a driver. Debt ceiling issue and growing US debt not being
      12/13/13
    • Growfast: discussed. Budget deal out of Congress is separate deal. Taper decision should position for inflation driver and debt driver - both may
      12/13/13
    • Growfast: pressure USD downwards again. That would be somewhat of a driver for Gold. RE does say though that after a rally, new lows are expected.
      12/13/13
    • davePx: Yes I can that in the future...maybe we really missed the short term DUST bias ...I hate looking back but really this has been all DUST with
      12/13/13
    • Robert Edwards: bears say we rally to 1305 in gold then fall to 1150 and 1050. I say we rally to 1305 to 1375 fall back 100 to 1225 then hit 1450
      12/13/13
    • davePx: A few counter trends mixed in there ....how did we, myself included miss this....all the way from Nugt at 45 end of oct. Sorry just whining!
      12/13/13
    • davePx: This immediate situation has become scary for me ...I have a lot invested.
      12/13/13
    • davePx: That would be delightful Robert for sure ...and rewarding
      12/13/13
    • davePx: To the sole that is!
      12/13/13
    • shopvac20: like dave, I have a lot in (from avg downward several times, sounds like i entered around the same time too, a rally would boost moral.
      12/13/13
    • davePx: I think I am going out on the back patio with arms outstretched asking for a sign !!!
      12/13/13
    • davePx: Well there went the after lunch eastern crowd pop Grow mentioned earlier
      12/13/13
    • Robert Edwards: got out of extra NEM 23.40
      12/13/13
    • Growfast: Gold is grinding and grinding, slowly working its way up. Can we find new highs today?
      12/13/13
    • Robert Edwards: bot NEM back half extras at 23.32
      12/13/13
    • Robert Edwards: bot rest of NEM 23.30, so will hold extra trading shares over weekend in hopes of gold pop Sunday night/Monday morning
      12/13/13
    • Growfast: Didn't get NUGT lift with Gold new highs of day so I think I'm going to hold trading shares over the weekend. Decent finish for Gold price
      12/13/13
    • Robert Edwards: end of day and week, closing miners dump. maybe it was capitulation. Gold still strong
      12/13/13
    • davePx: Yes I made a bit on the ups and downs and bought back in at 27 right on close. Have a good weekend!
      12/13/13
    • shopvac20: like golds small rally to finish this week, nugt drops was discouraging, though still green, nq / twitter soar..interesting world we live in
      12/13/13
    • glaserdx: divergence of metals and miners - Rob, do you have an outlook for Monday and next week?
      12/13/13
    • Normmax: Dave, you are not alone, I also have a very heavy and bloody NUGT account.
      12/13/13
    • Normmax: Looking forward for RE's new article on trading strategy at this difficulty time.
      12/13/13
    • njtoms: Has Anyone Noticed Ole' Rob hasn't been Talking about NUGT back to 40 or 50? "Surely, if there's any justice."
      12/13/13
    • rodh7858: 1min chart of $GDX today -> Last min just b4 close 7.8M shares vol on -ve tick & AH at 4:05p.m. nearly 2.27M share vol!! Algo manipulation??
      12/13/13
    • njtoms: Maybe Good Ole' Rob in his Next Video. Can He tells us. Does He still Expect NUGT back to the 40's or 50's? Or another R.E. Retreat?
      12/13/13
    • Robert Edwards: Never any retreat. $50 NUGT target still in tact, bolstered by bullish weekly Harami pattern, see new article http://seekingalpha.com/p/1hglv
      12/14/13
    • Robert Edwards: I have started a new thread.
      12/14/13
    • davePx: Good article Robert, we could use some good news, thanks for you efforts in attempting to solve the puzzle.
      12/14/13