Seeking Alpha
  • Robert Edwards
    Watching $TWTR, $NUGT, $JNUG, $GDX, $DUST, $GLD, $DGAZ, $CLF, $ANGI, $TSLA, $BITA, $FEYE, $TNA, $TZA & others
    6/8/14
    Reply (294)
    • Robert Edwards: Here is the new thread. I could not find it under TWTR but it showed up under CLF. Hope others can find it.
      6/8/14
    • vanebfbc: Usually I just click on your name to find your latest stocktalk. And I wish SA can allow us to watch a stocktalk without having to comment.
      6/8/14
    • vanebfbc: That way I can open it in a separate page without having to get an alert first. Finding the right one can be frustrating sometimes!
      6/8/14
    • gaklaw: From the home page, click on your login name on the far right. Then click on "My Feed". A link to all posts from anyone you follow show up
      6/8/14
    • gaklaw: in posting order. That's how I always find the latest thread.
      6/8/14
    • nclsamy: Vanebfbc, for watching a stocktalk you can comment anything and then delete the comment. It's not the best solution, but it works.
      6/9/14
    • vanebfbc: It loses its point when you have to delete a comment which you didn't want to put on in the first place. Stocktalk should be like articles
      6/9/14
    • vanebfbc: where you are allowed to subscribe/unsubscrie freely. Being a UI/UX programmer I feel that's how an intuitive website should be like.
      6/9/14
    • shopvac20: Gearing up for another week, looking to reenter nugt/dust, Robert, what's in the week ahead for gold, it was fun seeing jnug sore Friday
      6/9/14
    • Robert Edwards: Gold is up $4 today so that should pull up the miners, unless the stock market corrects and the gold stocks follow the overall stock market
      6/9/14
    • Robert Edwards: I bot copper overnight a couple times at 302.60 and sold out 303.00. Copper took out Friday's low but no carry thru to down side
      6/9/14
    • Robert Edwards: Wheat was up 6 or 7 cents and I bot back my puts at a small profit, then wheat turned back down. glad to be out of that trade. Dollar down
      6/9/14
    • Robert Edwards: Apple rallied going into the split day (on the rumor) so may show some weakness today (sell on the news) A split does not change anything
      6/9/14
    • Robert Edwards: So the runup in Apple and tech could get retraced down a bit. Crude oil is up 75 cents and I have not gotten in. Will look for buy point.
      6/9/14
    • Growfast: AAPL has been weak. Picked up some on weakness. Got some TSLA, short on TWTR, long GMCR.
      6/9/14
    • Growfast: Picked up some WFM.
      6/9/14
    • Robert Edwards: Picked up a gold contract 1254 in August. I believe CLF will start moving up beginning tomorrow as oversold to the max and see bottom here
      6/9/14
    • Robert Edwards: TWTR is in a trading range and I am bearish 34 and higher but bullish 31 and lower. Will probably continue swinging up & down in range.
      6/9/14
    • vanebfbc: Good strength in HALO and MNKD, and it seems even DGAZ is looking up too. Also have my eyes on NQ for a nice pop.
      6/9/14
    • shopvac20: I like seeing DGAZ and HALO up over 4% want to see nugt back around 27, idk when or if tho.
      6/9/14
    • Growfast: Sold AAPL at 93.10 bot at 91.9. Nice pop.
      6/9/14
    • Growfast: Bot AAPL puts for turn down.
      6/9/14
    • Growfast: TWTR is rocking. Looking for point to add more puts when this tops out.
      6/9/14
    • rxraider: I switched from JDST to JNUG when JNUG was $13,99. Will watch sentiment and see how far over 1250 gold wants to go.
      6/9/14
    • rxraider: Have a basket of pharmas including INCY, VRTX, HALO, MNKD, CYTR, ARIA.
      6/9/14
    • Growfast: rx - I'm in HALO and MNKD with you. The others are on my watch list. Did you see the buy out of one of the biotechs announced today? Stock
      6/9/14
    • Growfast: was up 220% in the acquiree. Don't remember company but will see if I can find again.
      6/9/14
    • Growfast: More TWTR puts; looks like it is topping out in here.
      6/9/14
    • Growfast: Closed puts on LNKD for nice profit.
      6/9/14
    • Growfast: TSLA seems left for dead in here. Thinking about picking some up. RE, you looking at TSLA here?
      6/9/14
    • dan1981: Hey grow. Any thing for zillow ?
      6/9/14
    • Growfast: I haven't been watching it today, Dan. Let me take a peak at it.
      6/9/14
    • Growfast: Just looked at chart. Good short-term short candidate. Earlier would have been a great time to buy puts. Once it gets to support, should be
      6/9/14
    • Growfast: a good buy, but could fall all the way back to around the 100 level on weakness.
      6/9/14
    • dan1981: It's already weak in last 6 days. Half volumes and price sticking to same levels
      6/9/14
    • dan1981: Macd line has crossed the signal line but price holding on
      6/9/14
    • dan1981: Even k below d and pointing down but little effect on price till now.
      6/9/14
    • dan1981: Bought 110 puts 22 June. Fingers crossed.
      6/9/14
    • rxraider: Grow - I'm sure you know about MNKD FDA date (July 15th). I'll sell part of my position prior, just in case FDA requests another delay.
      6/9/14
    • rxraider: If approved, FDA may restrict Afreeza. Also, MNKD doesn't have a big pharma partner yet. So, I'll sell the remainder upon probable approval.
      6/9/14
    • dan1981: Hey grow. I get ur nod on this or it's difficult to make money as above ?
      6/9/14
    • Growfast: Dan, close to the money puts are more probable to make you money. But, if we are right and there is a big move down to the 100 level, those
      6/9/14
    • Growfast: puts will pay nicely. So, you may be in great shape - or, those may expire worthless. Sometimes good to ladder - get some close to the money
      6/9/14
    • Growfast: and get some further out of the money. Another way to trade this would be a debit bear put spread. You could make your puts
      6/9/14
    • Growfast: cheaper by say, selling 105 puts and buying 110s or 115s in a spread trade - especially if you are going to take the risk of further out of
      6/9/14
    • Growfast: the money options.
      6/9/14
    • Growfast: Raider, I've got a few short-term positions on MNKD and a number of long-term. the short-term I will sell before approval. The rest, I will
      6/9/14
    • Growfast: make decisions as we go. I may just hold them until Al Mann sells. on approval, MNKD is either a great buy out or a stock I want to own for
      6/9/14
    • Growfast: several years. Might catch or miss short-term volatility, and that's OK.
      6/9/14
    • Growfast: Rxraider, it was Merck bought out IDIX. On the announcement and pricing, IDIX shares are up 233%.
      6/9/14
    • rxraider: Saw that this morning (too late, of course). ACHN up about 50% in sympathy. Would like to find the next biotech m&a target. I have several
      6/9/14
    • rxraider: biotechs on my radar, but hard to predict which one and when.
      6/9/14
    • Growfast: FDA approvals and buyouts is why I like to pick some I really like and hold long-term positions either stock or leaps.
      6/9/14
    • Jaybone20: A possible good play for the contrarians on this board would be to buy into the oil riggers. possible stocks I like are ATW, ESV and RDC.
      6/10/14
    • Jaybone20: Day rates are increasing, rigs are being contracted and the quarter since 2008 is now behind them. Another positive is several of the chart
      6/10/14
    • Jaybone20: are showing breakouts or near term breakouts from ascending triangle patterns. Especially check ATW and ESV and let me know what you guys
      6/10/14
    • Jaybone20: think. They are all undervalued and any recovery in that space should lead to some awesome gains in the 2nd half of the year
      6/10/14
    • Jaybone20: I meant worst quarter since 2008
      6/10/14
    • Robert Edwards: I am bullish crude oil so oil producers and refiners could be a good play maybe. I see gold popped today. Just maybe it finally bottomed
      6/10/14
    • dan1981: Thanks grow !
      6/10/14
    • gaklaw: It's been a long time since we've seen a 10% up day in DGAZ - maybe today's the day!
      6/10/14
    • Growfast: The charts are in favor of DGAZ and BOIL now as MACD and stochastics are making the turn. Could see this trend for a few days....
      6/10/14
    • gaklaw: Thanks Grow. RE also has a potential turn tomorrow in his NG chart from recent article. Would like to see a few green days in DGAZ
      6/10/14
    • Robert Edwards: Gold popped a day early, maybe NG will turn down a day early.
      6/10/14
    • Robert Edwards: bot copper today 302.90 in early morning, sold 305.00, nice scalp. Bot gold 1253 but got out too soon. Bot gold again 1259.70
      6/10/14
    • gaklaw: It's been a long time since 2 of my holdings put a 5+% gain on the board - Loving DGAZ and JNUG today!
      6/10/14
    • gaklaw: Lightened DGAZ a bit at 3.0 to catch any pullback. Injection est for week 119 - should continue the DGAZ run up
      6/10/14
    • Growfast: Agree, Gak. It's about time on DGAZ. It has required a lot of patience.
      6/10/14
    • shopvac20: I am loving this week in DGAZ !!! need it to continue the momentum. HALO is also have a pretty good week. I missed the pop in gold :(
      6/10/14
    • Robert Edwards: Just posted new article on miners: click http://seekingalpha.com/p/1ruov
      6/10/14
    • Growfast: Thanks RE. Good analysis on the Miners.
      6/10/14
    • gaklaw: Thanks RE - JNUG had huge run at eod after your article to close at 18.58, up 13.7% for day. Thinking may lighten in aftermkt - thoughts?
      6/10/14
    • Robert Edwards: Hard to say, but might take off partial. Should get one more day in rally if the past is prologue for the future.
      6/10/14
    • gaklaw: Thanks RE
      6/10/14
    • shopvac20: Great read, thank you RE .. it is exciting to watch gold on the move. will be looking for a possible pullback before entering nugt.
      6/10/14
    • rxraider: Nice job, RE. I'm in JNUG at 13.99/share. Will look at taking some profits AH or tomorrow.
      6/10/14
    • gaklaw: I'm glad my AH limit order to sell JNUG did not fill. Still moving up - how far can this go?
      6/11/14
    • Growfast: Bought long TSLA position. Short GDXJ position.
      6/11/14
    • zaw77: I sold out $JNUG at $18.95, $TWTR at $35.55 and last not least with very small profit $ANGI in premarket at $12.05
      6/11/14
    • gaklaw: Grow - what are you seeing to short GDXJ now?
      6/11/14
    • Growfast: A nice credit put spread that puts money in my account today and makes money for me if price drops below 35.25 or goes above 38
      6/11/14
    • Growfast: And, it looks like it has been topping - although, I could be giving up some upside to any rallies later today. Also, following RE's article
      6/11/14
    • Growfast: where today could be last day of rally before pullback. Gold pulled back from highs and does not so far appear to be threatening a rally.
      6/11/14
    • Growfast: Resistance for GDXJ should be in the 37.5 range too taken from highs on 4-24 and 5-5.
      6/11/14
    • gaklaw: Thanks Grow. JNUG continues to rise with gold doing nothing and markets down. very interesting. Trimmed 1/2 my JNUG and added some DUST
      6/11/14
    • rxraider: Sold half my position in JNUG at 19.00 earlier, and the remainder at 19.50 a short while ago. 37ish % in a couple of weeks. Took profits.
      6/11/14
    • Growfast: Nice trade and timing, raider. Gold is dropping to new lows for today now.
      6/11/14
    • gaklaw: Out as well - didnt like that sharp turn around.
      6/11/14
    • rxraider: Thanks, Grow, Got lucky. Will let the dust settle, and then scale into JNUG or JDST again. Just trying to play the ranges.
      6/11/14
    • Jaybone20: has anyone on this board taken the series 7 exam or know much about its difficulty?
      6/11/14
    • shopvac20: good to see some green in DGAZ, injection report tomorrow, what are we looking at for estimates ? 115 -120 range ?
      6/11/14
    • gaklaw: Estimates range 101-119. First Enercast is 119. Baseline this week is 94. last week baseline was 108 and had 119. much larger potential..
      6/11/14
    • gaklaw: ...disparity between baseline and actual this week. So anything close to 119 should be very bearish.....but with NG, who knows
      6/11/14
    • ricejudicata: Some ppl at FirstEnerCastFinancial cited to Roby at 119 with whispers of maybe more. Not that a bearish number did anything for us last 3wks
      6/11/14
    • gaklaw: NG dropping - approaching 4.5, if break that could see nice slide
      6/11/14
    • vanebfbc: Investing.com forcast for tomorrow is at the lower end, a modest 110 bcf.
      6/11/14
    • ricejudicata: Sounds like DGAZ holders need something in the mid-high teens.
      6/11/14
    • Growfast: TSLA is perking up and looking bullish from here.
      6/11/14
    • zaw77: Miners very bullish end of the day, don't belive my eys $JNUG above $20, last time $JNUG was near $20, when Gold was near 1300
      6/11/14
    • shopvac20: it will be an interesting day, and as rice said, the bearish reports have not helped very much the last couple of weeks.. though we have
      6/11/14
    • shopvac20: some nice bearish movement going into the report this week .. so the bears can hope :)
      6/11/14
    • Growfast: It is back up above the 50-day MA on the close. Gold with resistance now in the 1261/62 area. Going to be interesting to see how it opens
      6/11/14
    • Growfast: tomorrow.
      6/11/14
    • zaw77: Indeed, I bought $JDST on the end. It should be like already we saw today - if Gold down only a few $ miners move down quickly
      6/11/14
    • Growfast: One thing that may help us on NG Shop, is yesterday and today, both closed below the 50 day MA on the NG chart. MACD is very close to
      6/11/14
    • Growfast: crossover and confirmation of a bear move. Support at 4.4; 200 day MA is next level support at 4.27. I'm ready for our positions to light up
      6/11/14
    • vanebfbc: Nasdaq has been really strong this month, even on down days. I am guessing tech will have a nice rebound from May.
      6/11/14
    • shopvac20: thanks grow, I would enjoy a free fall to that secondary support level of 4.27 :) lets see what happens tomorrow !! I am up in canada all
      6/11/14
    • shopvac20: week, so I will be looking at the post around injection time to see what our number is... time for the bears to come out and play
      6/11/14
    • Lefty6x6: methinks a nice scalp in DGAZ will make itself available this morning....
      6/12/14
    • dan1981: Held nugt from 27.40... Sold today... Nice feeling.
      6/12/14
    • glaserdx: was thinking selling 6/13 $40 strike puts in LULU - good thing didn't act
      6/12/14
    • Growfast: Nice pop in TSLA. Sold some of my calls for nice profit.
      6/12/14
    • Robert Edwards: TWTR and other internet & social media stocks are on fire! Broke out today in TWTR to upside so no resistance till 39.50 to 40
      6/12/14
    • Robert Edwards: gold and miner are now rallying on the 11th day. Hard to call a turn as always. You sometimes have to delay taking the turn for a day or 2
      6/12/14
    • Robert Edwards: Made money both long and short gold today, bot Nasdaq futures on lower opening for nice $6 scalp. Nice scalps in live cattle and soybean oil
      6/12/14
    • Robert Edwards: CLF dumped down to 13.65 area but immediately came back to 14.00 so it is likely bottoming today but when it gets back to 15 will dump (dog)
      6/12/14
    • Robert Edwards: Made several buys in copper last few days. Getting ready to buy again on today's weakness
      6/12/14
    • Robert Edwards: Don't believe the Nasdaq or other stocks are going to top out for another 2 weeks so I am buying dips for now in tech and emini Nasdaq 100
      6/12/14
    • gaklaw: Glaser - think was overreaction in LULU - picked up some at 37.45 looking for quick rebound
      6/12/14
    • donnavet4pet: Bought TWTR and TZA......... Go gold, go!
      6/12/14
    • Growfast: 107 on injections for NG Storage report. Not sure what that number is going to do. This is below forecasts.
      6/12/14
    • Robert Edwards: the early part of gold rally out of bottom was quite anemic and now doing makeup move higher but still looking for top soon, hard to say
      6/12/14
    • Robert Edwards: exactly where gold and miners stop as momentum to upside is strong right now
      6/12/14
    • Growfast: Would like to see GDXJ top out around 40.
      6/12/14
    • Robert Edwards: Nasdaq 100 broke below yesterday's low, cleaning out stops. Bot a NQ Nasdaq 100 contract Sept 3772.50
      6/12/14
    • shopvac20: There goes 10% and dropping for DGAZ ... F me ... ouch...
      6/12/14
    • Lefty6x6: good entry point for DGAZ again. getting in down here around 2.70's is a good spot.
      6/12/14
    • shopvac20: HALO is doing fantastic though...
      6/12/14
    • gaklaw: added heavy DGAZ at 2.75
      6/12/14
    • shopvac20: lets see if the bulls run with this or if they take some profits, up till now this week has been rough for the NG bulls..
      6/12/14
    • Robert Edwards: emini Nasdaq 100 will be my trade vehicle of choice now. Every point move is $20 and one can get $4 to $6 swings for 80 to 120 dollar scalp
      6/12/14
    • Robert Edwards: Sold out 3776.00 for 3.50 gain or $70 in couple minutes
      6/12/14
    • Growfast: Gold chart looks like there is not resistance until about 1280-1290 range. May have some room to run higher.
      6/12/14
    • Robert Edwards: gold has moved about $34 off the lows so far. I have determined we should get a $30 to $35 pop in gold, to as much as $50. Most of move up
      6/12/14
    • zaw77: Based on Kitco: Buy stops - $1,268.50 $1,273.00 $1,278.00 $1,283.00
      6/12/14
    • Robert Edwards: appears to be completed but hard to pick exact top as no sign yet of top in gold. Miners, especially leveraged ETFs like to overrun targets
      6/12/14
    • Robert Edwards: both on upside and downside. I would not initiate new long positions in NUGT & JNUG here but virtually impossible to time the exact turn
      6/12/14
    • donnavet4pet: Should I cut my loss with JDST and sell half of my shares bought at 17.76?
      6/12/14
    • Robert Edwards: Old support, turned resistance in gold is 1277 and did not look a few days ago like it could hit that but gold has been on fire last 3 days
      6/12/14
    • Robert Edwards: bot NQ (nasdaq 100 emini Sept) at 3770 and sold 3774 for another 4 point move or $80 scalp.
      6/12/14
    • Robert Edwards: got out of live cattle one tick off of highs today. Will leave alone now till it corrects or it blows thru resistance and starts up again
      6/12/14
    • Robert Edwards: CLF now back under 14.00 (what a dog) but I refuse to take my loss from 15.39 & also refuse to add as not showing any sign of bottom
      6/12/14
    • Robert Edwards: when clf does bottom, then I will double up and dump half at breakeven. I am hopeful 13.50 will be bottom in CLF but could fall to 13.00
      6/12/14
    • Robert Edwards: Eventually CLF could be a good stock as bullish surprise news could hit and force shorts to cover, but may take awhile.
      6/12/14
    • Robert Edwards: I would not take any losses in DUST or JDST but merely hold them for the move back down to retest the lows. If one spaces in buys in DUST
      6/12/14
    • Robert Edwards: or JDST on strength in miners, one can get a low average price and when miners sell off, DUST & JDST should be in profit very quickly
      6/12/14
    • Robert Edwards: gold is still in a down trend and the countertrend move is the rally we are now seeing. At minimum we should retest the lows & likely break
      6/12/14
    • Robert Edwards: the lows at 1240 in August gold and slip a bit further towards 1220 or 1200, before finally bottoming.
      6/12/14
    • donnavet4pet: Thanks, RE....will do...will hold and buy low....I am so enjoying gold's surprise pop today.
      6/12/14
    • Robert Edwards: Donna, you correctly noticed the momentum gold had yesterday and positioned yourself for further pop today in gold and miners, smart move
      6/12/14
    • Robert Edwards: although I was predicting miners to stop on 10th day (still believe correction is coming) trying to time exactly is impossible in miners &
      6/12/14
    • Robert Edwards: better to gradually make move out of longs and into shorts of DUST & JDST. Over swings to upside and downside.
      6/12/14
    • Robert Edwards: Previous pops in GDX off lows was $1.75 and $2. This current countertrend rally in GDX is now just shy of $2 so top should appear soon
      6/12/14
    • Robert Edwards: I am going to short gold in the 1275 to 1280 resistance area in futures, playing for a top and reversal lower. Will see how it plays out
      6/12/14
    • Growfast: Bought back the sold side of GDX credit spread. Even with buyback, it paid for the 2 36 strike puts I will hold to see if we do get the
      6/12/14
    • Growfast: pullback in Gold.
      6/12/14
    • Robert Edwards: Should have held onto NQ because after taking 4 points profit for ($80) rallied another 8 points so ($160) left on table
      6/12/14
    • Growfast: GMCR has popped up to 122-123 range again. executed a credit put spread anticipating a pullback today or tomorrow.
      6/12/14
    • rxraider: Watching GLD for entry point into JDST. I sold JNUG a little early, but sometimes one has to take profits rather than be greedy.
      6/12/14
    • rxraider: Trading ranges in gold. As it nears 1280, I'll scale into JDST looking for pullback in gold.
      6/12/14
    • rxraider: Placed buy order for JDST at 16.99 to begin building position. Will see if it drops that far today.
      6/12/14
    • Lefty6x6: raider: greedy kills ----
      6/12/14
    • gaklaw: Lefty - hope that applies to those pumping up NG today! Added twice to DGAZ - avg 2.80. put in buy at 2.60 and sell at 2.95...who knows...
      6/12/14
    • gaklaw: ...both could be filled by eod tomorrow as crazy as this is. 2d highest inj for this week in 20 yrs, but because below guesses, its bullish
      6/12/14
    • donnavet4pet: Rxraider....your timing was spot on for your entry into JNUG last time.....I am also going to place a buy order for JDST.
      6/12/14
    • rxraider: Chased JDST up to 17.24. Will see how gold reacts, then possibly add more.
      6/12/14
    • Hope128: Got $DGAZ $2.60. Cancelled my $16.99 $JDST buy order at last minute.
      6/12/14
    • Lefty6x6: gonna take another bite of DGAZ here at 2.60 - also considering JDST @16.40
      6/12/14
    • gaklaw: Got filled at 2.60 DGAZ. That is at the 52 week low...lets hope it holds
      6/12/14
    • Growfast: Looks like GDXJ just might hit that 40 target.
      6/12/14
    • Lefty6x6: held off a bit, fought itchy trigger finger and got JDST @ 16.20.
      6/12/14
    • Robert Edwards: sept Nasdaq emini NQ traded below 3750 and I bot on rally at 3750 and sold 3770, for 20 points profit Rarely catch that many points
      6/12/14
    • Robert Edwards: even on down days the emini nasdaq has nice pops
      6/12/14
    • Adam Smithe: With epa regulations, opening up of gas exporting, an approaching summer, why bet on gas prices staying low or going down with DGAZ?
      6/12/14
    • dscassel: Pulled the trigger on DGAZ at $2.59 after hours.
      6/12/14
    • rxraider: Got 100 shares JDST at 17.24, and another 100 at 16.25. Will buy up to 600 shares depending on conviction of gold dropping back towards 1250
      6/12/14
    • rxraider: after tension in the Middle East eases. Added some MNKD at 9.99, bringing average up to about 8.10/share.
      6/12/14
    • Robert Edwards: Copper is trying to base at $3.00. Bot Sept Copper 301.50 late yesterday, sold at 303.90 in middle of night, bot back this a.m. at 302.60.
      6/13/14
    • Robert Edwards: Been buying gold every time it dips under $1273 and selling out for $2 or more scalp. Will do this until we hit 1280 then start shorting
      6/13/14
    • Robert Edwards: I feel Sept Nasdaq 100 will close above 1370 today so will look for opportunities to buy dips today, especially on hard selloffs
      6/13/14
    • Robert Edwards: Nasdaq 100 has been bought up late in the day, showing accumulation by big money, which is very bullish sign we go higher.
      6/13/14
    • Lefty6x6: seems that DGAZ is holding around 2.60 - looking to add today and sell the bump above 2.65
      6/13/14
    • Lefty6x6: sold jdst from yesterday (16.20) @ 17.30 -- going fishin. happy Friday all.
      6/13/14
    • Robert Edwards: Bot Sept Nasdaq 100 (2 contracts) at 3755 as it stopped going down there for about 5 minutes, building a nice base. Then sold one contract
      6/13/14
    • Robert Edwards: at 1359 (4 pts profit or $80) and placed sell order at 1361 to sell other contract and just caught that ($120). Classic scalp trade.
      6/13/14
    • Robert Edwards: Now we are at 1365 so I guess I should have bot 3 contracts LOL, so I would have one to sell up here!
      6/13/14
    • Robert Edwards: The MACD buy order came in just as I was getting out, but I had mechanically placed the orders at 4 and 6 pts, with a 3 point stop (not hit)
      6/13/14
    • Robert Edwards: Now we are at 1371, you cannot keep the Nasdaq 100 down! Unreal!
      6/13/14
    • glaserdx: Rob - timely thoughts on GLD etc. were prescient. Enough said.
      6/13/14
    • Growfast: Completely agree, Glaser. RE, any thoughts on today? Friday often results in a rally on Gold and Miners. Do you think we will rally from
      6/13/14
    • Growfast: here, or, is this pullback going to hold and perhaps follow through?
      6/13/14
    • Growfast: So far, trending in GDXJ is definitely downwards.
      6/13/14
    • Robert Edwards: Live Cattle is on fire. I got out yesterday and then got forced back in on a stop to new highs. Bot every dip overnight and early today &
      6/13/14
    • Robert Edwards: just now got out again as this thing is turning parobolic on the short term & can't be greedy. Will wait for a safer spot to buy
      6/13/14
    • Robert Edwards: I have been going long Aug gold around 1273.50 to 1273 and taking profits 1274.50 and then shorting towards 1275 playing both ways in range
      6/13/14
    • Robert Edwards: Sold out the copper bot at 302.60 at 303.80, bot back again 303.30, will sell again close to 304. CLF is trying to close $14.00. Bottom?
      6/13/14
    • donnavet4pet: Bot JDST at 16.60 and just sold at 17.81...Sold 50% of NUGT at 10/share "loss" to reposition.
      6/13/14
    • rxraider: Probably a good move, Donna. Gold is flat so far today. I thought it may rise to 1280ish so I could add more JDST.
      6/13/14
    • rxraider: RE, Grow, any thoughts on the direction of gold price?
      6/13/14
    • Growfast: Appears very range bound but thinking we could have a bit of a rally at the end of today as often we have on Fridays. Might give another opp
      6/13/14
    • Growfast: to add to JDST, DUST etc.
      6/13/14
    • rxraider: Thanks, Grow. I'm waiting to add more JDST. Should have bought more below 17.
      6/13/14
    • vanebfbc: Hmm so it seems our consensus is the short run miner will have room to fall back from the recent spike.
      6/13/14
    • Robert Edwards: I believe the unrest in Iraq may have added to recent bullishness but after this weekend, gold could slip. Moves on news are not lasting
      6/13/14
    • Robert Edwards: unless things really escalate which I don't see right now. I am hopeful gold might spike late today to 1247 where I will short it.
      6/13/14
    • Robert Edwards: Might take a few days to turn down but I think the current miner up move is nearly complete with maybe a couple quick spikes to upside left
      6/13/14
    • Robert Edwards: Just did a new article on CLF, click http://seekingalpha.com/p/1s27p
      6/13/14
    • Robert Edwards: Sold Aug Gold 1277.20. Could go a bit higher as it is still early, but decided to hit the sell button
      6/13/14
    • Robert Edwards: However, I sold a 32 ounce contract mini contract (YG) rather than the full 100 ounce contract (GC) so I can sell another at a higher price
      6/13/14
    • Growfast: Looks like you made some good moves. Gold pulled back right after you sold your contract.
      6/13/14
    • fwsk: jnug down to 21s next week.
      6/13/14
    • Robert Edwards: I sold another contract 1277.70, a mini (32 ounce) but the minis stop trading at 5:00 p.m. EST instead of 5:15 p.m. for the GC (100 ounce)
      6/13/14
    • Robert Edwards: I sold another contract 1277.70, a mini (32 ounce) but the minis stop trading at 5:00 p.m. EST instead of 5:15 p.m. for the GC (100 ounce)
      6/13/14
    • Robert Edwards: The big contract (GC) fell to 1276.00 on the close but I could not cash any out because the YG had already stopped trading. So Sunday night
      6/13/14
    • Robert Edwards: I will liquidate the trades. When we had Ukraine worries causing gold to rally into the weekend, it was unwound at start of the next week
      6/13/14
    • Robert Edwards: I figure the same thing will occur this weekend. The gold and oil markets will likely calm down next week and undo the strength
      6/13/14
    • Robert Edwards: Just did an article on the Nasdaq 100, click http://seekingalpha.com/p/1s2hz
      6/13/14
    • Robert Edwards: Americanbulls.com says GDX and NUGT both formed a bearish hanging man pattern click http://bit.ly/1htwdIC
      6/13/14
    • Robert Edwards: DUST did a bullish 3 gaps down, so maybe it is oversold enough to start moving up, click http://bit.ly/1xXgCcF
      6/13/14
    • Robert Edwards: The copper ETN (JJC) did a bullish harami pattern today, according to Americanbulls.com click http://bit.ly/1pVOKRy
      6/13/14
    • Growfast: I almost pulled the trigger on more JDST, GDXJ short or DUST positions late yesterday, but decided to wait and see what the action looks
      6/14/14
    • Growfast: like Sunday evening/Monday morning, just in case anything this weekend holds the strength. We'll see if that means missing some opportunity.
      6/14/14
    • Growfast: I suspect you are correct that we have either seen the top or are likely very close to it for a nice move the other way. Thanks for thoughts
      6/14/14
    • Robert Edwards: I believe gold would have already rolled over except for the safe haven buying due to Iraq uprising.
      6/14/14
    • Robert Edwards: Also there is momentum to the upside and stops are being hit and they are pushing gold to 1277 to 1280 resistance first.
      6/14/14
    • donnavet4pet: I did sell the remainder of my JNUG and as market neared closing bought JDST at 16.45. I may have sold to early. Hindsight would have...
      6/14/14
    • Robert Edwards: Kitco.com mentions the FOMC announcement next week on Wednesday of likely taper of 10B http://bit.ly/1ltGes9
      6/14/14
    • donnavet4pet: sold only 50% of the shares of JNUG.....
      6/14/14
    • donnavet4pet: What is the best? Buy in pre-market and how or wait & see what the market is doing. I will be watching the Kitco gold three day chart in AM
      6/14/14
    • Robert Edwards: By Wednesday, I would look for weakness as gold usually does not do well during taper of the bond purchase announcements, especially if gold
      6/14/14
    • Robert Edwards: rallies into the report like now. I believe Monday could be dicey but by late afternoon Tuesday the taper news will take over. Also, lots
      6/14/14
    • Robert Edwards: of traders are turning bullish in here and 60% of them are now projecting a move above $1300. I would put myself in that camp as well, but
      6/14/14
    • Robert Edwards: not till we retest the bottom and possibly break down below 1240, first. The survey does not give a time frame so it is quite deceiving.
      6/14/14
    • Robert Edwards: Safe haven buying based on news did not last regarding Ukraine and it will not be good for gold regarding Iraq. Safe haven buying is oil
      6/14/14
    • Robert Edwards: will hurt the gold miners more than the save haven buying of gold will help them. Mining is energy intensive and the increase in oil price
      6/14/14
    • Robert Edwards: will hurt the miners on their bottom line. This will come out in the news after the miners start selling off and worries about profits will
      6/14/14
    • Robert Edwards: resurface. Also unrest in Iraq (terrorism threat) will be disruptive for purchases of gold by buyers in China and India as they may want
      6/14/14
    • Robert Edwards: to remain liquid vs. having money tied up in bullion. Could be disruptive to the stock market and hurt all stocks including mining stocks
      6/14/14
    • Robert Edwards: A slow down of the taper would be supportive of gold but the economy is humming along quite well right now so don't see that happening.
      6/14/14
    • Robert Edwards: Remember, if you sell out of a position, the decision can be altered (you can buy it right back). Nothing wrong with cash till dust settles
      6/14/14
    • fwsk: not sure how high jnug will go short term, but very likely jnug to 14s, jdst to 26-28 in a month or two. R.E., Grow what's your thoughts?thx
      6/14/14
    • Growfast: I think we could see the 14-14 range on JNUG fairly easily. I'm looking for, but we may not get Gold to retest 1200 and JNUG retesting 12.8
      6/14/14
    • Growfast: - the lows from early January.
      6/14/14
    • donnavet4pet: What is the best way to buy a stock during the pre-market period or is it best to wait?
      6/14/14
    • Growfast: In my experience, that depends. In pre-market or after hours market, prices can be extreme. Depending on whether you are on the sell side
      6/14/14
    • Growfast: or buy side, you need to know good price targets. After positive earnings releases that beat, prices are sometimes at the highest in AH -
      6/14/14
    • Growfast: great for sellers; not so much for buyers. Pre-market can sometimes help you get lower prices that on the open, pricing runs up. Sometimes
      6/14/14
    • Growfast: bid and ask spreads are far apart and no shares change hands if there is no catalyst to drive changes in pricing.
      6/14/14
    • donnavet4pet: Thanks for the explanation Grow....so I could have sold my JNUG and NUGT after hours since it was going up so strong at the end......
      6/15/14
    • rxraider: Gold up to 1282 on Sunday night. I've bought 1/3 of my JDST position. I'll watch gold rise due to Iraq concerns and see if it holds up...
      6/16/14
    • rxraider: as a 'safe haven'. Then I'll attempt to add more JDST near the top of gold price, and reap profits when gold and miners drop.
      6/16/14
    • rxraider: Also, FOMC meeting on Weds may affect precious metals. What do you guys think?
      6/16/14
    • Adam Smithe: Thoughts on natural gas prices for this week? DGAZ and UGAZ
      6/16/14
    • Robert Edwards: Sunday night, could not trade for an extra hour and 15 min. as I was short 2 minis, bot a full GC contract at 1277.50 which put me net long
      6/16/14
    • Robert Edwards: 36 ounces. Placed sell order in at 1283.70 on the full contract which got filled during the night. Bot the full contract back 1280.50 so
      6/16/14
    • Robert Edwards: I am again long 100 ounces and short 64 for a net 36 ounces long gold. Will sell the full at resistance again where feasible.
      6/16/14
    • Robert Edwards: The full contract opens 6 p.m. on Sunday night, while the mini (32 ounce YG contract) opens 7:15 EST.
      6/16/14
    • Robert Edwards: The GC gold contract bot 1280.50, sold 1282, bot back 1281, sold 1282.50. Will buy again on weakness.
      6/16/14
    • Robert Edwards: bot back the GC at 1281.30, so net long 36 ounces again
      6/16/14
    • Robert Edwards: Sold GC 1282.20, bot back 1281 so net long 36 ounces again
      6/16/14
    • Robert Edwards: gold broke under support at 1279 so sold a mini contract 1279 so now long 100 ounces and short 96 ounces. Will pull off which side I can at
      6/16/14
    • Robert Edwards: a profit. Gold could be topping out here. If long, I would play very small.
      6/16/14
    • Growfast: rxraider - I agree. I think the FOMC taper will pull PM's back down - assuming Iraq doesn't escalate to something much more severe.
      6/16/14
    • Growfast: Resistance on Gold chart is at 1286 and 1292 which should hold back. RSI is mostly neutral and MACD is low, confirmed bullish and moving up
      6/16/14
    • Growfast: I expect resistance to hold but still watching. I'm watching GDXJ chart and RSI is overbought in over 70 territory.
      6/16/14
    • Growfast: My target for GDXJ has been 40 so, if we hit that, I may go ahead and start adding more short positions.
      6/16/14
    • fwsk: in jdst 16.50
      6/16/14
    • fwsk: in jdst 16.50
      6/16/14
    • shopvac20: Looks like hold is right back in the randomg range were we have been for the past several months ... Looking for a breakout to determine
      6/16/14
    • shopvac20: Which position I'll enter in .. I am still looking for NG to come down some this week .. But logic doesn't matter for NG.. We'll see
      6/16/14
    • Lefty6x6: the range is the teeter totter - ride a little, be happy. NG bound to stay elevated along w oil cuz of Iraq drama.
      6/16/14
    • Robert Edwards: Took off my mini golds 1274.10, resold 1276.10, bot back 1273.50, will try to sell 1275.50 or higher
      6/16/14
    • Lefty6x6: if JNUG comes down to 22, I'm in ... DGAZ @ 2.60 again.
      6/16/14
    • Lefty6x6: ....and of course, it goes 70 c in the other direction in 15 minutes....!
      6/16/14
    • Robert Edwards: sold 2 mini golds 1275.50, so net long 36 ounces of gold
      6/16/14
    • vanebfbc: Look at TSLA and AMD go! Got some good pop in techs today. Still waiting for JDST to drop a bit before I want to get in.
      6/16/14
    • Robert Edwards: Bot back 2 mini golds 1273.50, will sell them back on strength. Right now long 100 ounces of gold
      6/16/14
    • Robert Edwards: Bot copper again. Made about a dozen copper scalps today, as copper bounces off support above $3.00. Bullish copper
      6/16/14
    • Growfast: Vane, wish I would have been long going into today on TSLA. I took profits last week and missed the rocket ride. Positioning now for
      6/16/14
    • Growfast: pullback. On the 3 month chart, each time there was a really big up day, it was followed by significant pullbacks.
      6/16/14
    • Growfast: Would like to see 1 more nice rally in Gold today or tomorrow, but not sure we are going to get a chance to run to resistance at 1286.
      6/16/14
    • Lefty6x6: still sighting JNUG @ 22....finger on the trigger
      6/16/14
    • Robert Edwards: Gold has been slipping virtually all day with not much of a rally off lows other than about 3.50. Looking for one pop today or aftermarket
      6/16/14
    • Growfast: NG may turn downwards tomorrow. What is going to be interesting is to see if it can break through support at 4.6 from the 50 Day MA now.
      6/16/14
    • Growfast: Trending is definitely in an upwards channel with higher highs and higher lows. Unless, some bearish news comes out like a higher than
      6/16/14
    • Growfast: expected draw. For those short, need to watch if/when price gets down around 4.6 to see if that may be the top of your trade.
      6/16/14
    • Robert Edwards: Wrote a new article click http://seekingalpha.com/p/1s79x
      6/16/14
    • Robert Edwards: Also starting a new thread as this one is getting too long.
      6/16/14
    • Robert Edwards: got new thread going. gold bottomed nicely near the 61.8% Fibonacci retracement level of recent rally from 1240 to 1285
      6/17/14
    • zaw77: Robert, don't you think Gold should first retest 1300 before cross next buy stops at 1322,5 and 1335 (most critical stop) ?
      6/20/14
    • Robert Edwards: Gold could go down first to 1300 Zaw but if it does without first taking out 1325 then I will definitely be buying it around 1300!
      6/20/14
    • Robert Edwards: If we rally to 1325 or higher first, making a new high, then buying on dips is riskier than if we drop to 1300 first. I am flexible on
      6/20/14
    • Robert Edwards: which way gold goes first, down to 1300 or up to 1330. Either way, both of these points should be hit.
      6/20/14