Seeking Alpha
  • Robert Edwards
    Playing teeter/totter with $NUGT $DUST and $JNUG $JDST. Watching $GDX, $GLD, $GDXJ, $SEAS, $FEYE, $GRPN, $CLF, $TWTR, $TSLA, $TNA, $TZA.
    8/15/14
    Reply (238)
    • sundate36: Robert, what's a good entry point for $FEYE in your opinion? Thanks!
      8/15/14
    • Jeremy49: Sky...ukraine attacked a russian convoy of military equipment i think...sigh. JDST can't catch a break
      8/15/14
    • Robert Edwards: FEYE looks like a buy next Wednesday, could slip till then. Would wait for lower prices like $28 or $27
      8/15/14
    • ptTL9: is it time to buy Jnug? did a small trade, just sold. looking for the entry
      8/15/14
    • Jeremy49: Bulls saved by Putin...again.
      8/15/14
    • Robert Edwards: I don't like buying JNUG in here that much. Would just wait for JDST to fall low enough to buy.
      8/15/14
    • glaserdx: sold $80 2015 puts on GILD - might have waited a bit for the stock to decline but I wouldn't mind owning at $80
      8/15/14
    • Robert Edwards: UGAZ is getting cheap today. Will watch to maybe buy on Monday. Week nat gas prices on Friday, typically fall lower on Monday for bottom
      8/15/14
    • vanebfbc: Just have a bit of dry powder remaining to buy this dip. However, it depends on how the West receive Ukraine's attack on the Russian convoy.
      8/15/14
    • WahahazZz: Unbelievable this morning.....
      8/15/14
    • skysurfer83: made a quick dip in JNUG, already out w $70 profit and waiting to get back in JDST. Too bad for my TNA, i was close to my 10% profit mark
      8/15/14
    • Jeremy49: Patiently waited all week for this move down in gold and Putin wipes it away. Cost me 5k this morning...really really really hate that guy
      8/15/14
    • skysurfer83: I feel you Jeremy, i cashed out roughly 75% of my position just in time. Glad to have set those stops orders. But after waiting a full week
      8/15/14
    • skysurfer83: it was very disapointing.
      8/15/14
    • skysurfer83: missed out the rally on VIX too, stupid work meeting made me miss all the action. I should report that as a work expense/loss
      8/15/14
    • Jeremy49: My JDST target was 11.3...i thought that would get hit at some point today for me to unload all shares and get back to scalping
      8/15/14
    • skysurfer83: Any thoughts now RE? Can you get in Putin's mind and see what the next move is?
      8/15/14
    • dan1981: RE GDx to cross 28 before reversal ?
      8/15/14
    • Robert Edwards: Still like JDST 10 and below. After hitting 11, one could have sold there and bot back at 10 already and up 26 cents from the 10 buy
      8/15/14
    • skysurfer83: i bought back in at 10.11 (after commission) the 750 sgares I sold this morning. But unfortunately I got out at 10.50 and not 11.
      8/15/14
    • Robert Edwards: I place limit sell orders automatically at prices like 10.99 so if 11.00 is hit then I will be sure to catch it. Otherwise I often miss the
      8/15/14
    • Robert Edwards: best sell prices. Usually 11.00 (large round number) is significant resistance and you get a reaction the other way after hitting it.
      8/15/14
    • Robert Edwards: Dec Gold sitting at 1305 looks weak, after bouncing back to 1311 with the Ukraine/Russian clash. Will go short next pop in gold. Right now
      8/15/14
    • Robert Edwards: I still like JDST/DUST over NUGT/JNUG. I do not intend to play a pop in NUGT/JNUG late today (Friday) because don't want to get caught long
      8/15/14
    • Robert Edwards: Bot KING 13.43 or 13.44 several times, selling 13.53 or 13.54 (dime scalp) today. Bot SEAS 18.06 & 18.12, sold 18.21 & 18.22 as well.
      8/15/14
    • vanebfbc: Good bounce on many stock names after the dip, notably MNKD, GRPN, SCTY, and some big tech names. KING and SEAS have really good support too
      8/15/14
    • vanebfbc: I am thinking there might be a Friday gold rally, but with uncertainty in Ukraine I don't want to touch gold miners at the moment.
      8/15/14
    • shopvac20: NES keeps trying to pull out of the slump, looks like we might find some support, next step is to grow.
      8/15/14
    • Robert Edwards: I just bot JDST 10.04 and will add on further weakness. I would rather be short than long the miners
      8/15/14
    • Robert Edwards: since gold is down today, it might sell off a bit either on close or in aftermarket so could still get a pop in JDST late or Monday morning
      8/15/14
    • Jeremy49: DUST up 3% and JDST down 3%......sigh.
      8/15/14
    • Robert Edwards: Bot another chunk JDST 9.99
      8/15/14
    • WahahazZz: seem like 10 is the bottom for today in miner.
      8/15/14
    • WahahazZz: JDSt i meant
      8/15/14
    • Robert Edwards: sold 10.20 JDST, nice pop
      8/15/14
    • Robert Edwards: I did not make my scalping quota for the day until that last surge up in JDST.
      8/15/14
    • Robert Edwards: Sold my SEAS position on the close & I am going into the weekend completely flat. Will be ready to trade next week whatever it brings.
      8/15/14
    • Robert Edwards: I would have kept my SEAS position on but we did not get a classic buy signal today and figure we get a Monday dip to buy.
      8/15/14
    • Robert Edwards: An inside day of Friday's range and closing up, is bearish 2/3rds of the time meaning Monday could close down. Wish we would have made a
      8/15/14
    • Robert Edwards: new low and reversed up in SEAS as that would have been more bullish action. Glad to see GRPN pop back to $6.00
      8/15/14
    • Tatt2d: Only action for me was getting out of DGAZ for small $. Missed sell targets on DUST and JDST by pennies... maybe Monday...
      8/15/14
    • ptTL9: Very interesting Friday, I am curious how much options expiration contributed to the wild ride have a great weekend everyone
      8/15/14
    • davePx: Hot weather this week ...coming!
      8/16/14
    • davePx: Hunting season coming ...looking at SWHC
      8/16/14
    • davePx: Mnkd my show us some opportunity Monday if it plugs the hole ....stabilizes
      8/16/14
    • davePx: I started buy a bit of Mnkd at close Friday
      8/16/14
    • davePx: Made some on Halo last week and will be playing it between 9.75 and 10.35 this week ...it has potential to go higher
      8/16/14
    • davePx: Robert what do you think of TZA, I am thinking of accumulating more Monday ???Grow can you weigh in on this too?
      8/16/14
    • davePx: Interesting artical and data http://on.mktw.net/1lbre4G
      8/17/14
    • davePx: Correction "article"
      8/17/14
    • fwsk: spx http://cnb.cx/1lbwmFS
      8/17/14
    • 1woody55: If You like Gold check out http://yhoo.it/1pCzeLG
      8/17/14
    • fwsk: Nat Gas http://seekingalpha.com/a/1g2vf
      8/17/14
    • davePx: Gold article http://seekingalpha.com/a/1g2q5
      8/17/14
    • shopvac20: Gold and NG on the move downwards .. gold touches 1299, lets see what happens tonight, NG w a big gap down as well
      8/17/14
    • rxraider: Shop, I'm watching gold and ng drop also. Hope there is follow through tomorrow. I need a pop in JDST, and will add more UGAZ at some point.
      8/17/14
    • davePx: Good things happening so far...SWHC popped, MNKD up, Halo up....may sell this mkt early today
      8/18/14
    • davePx: Looking long on just for a decent drop!
      8/18/14
    • davePx: In gold that is
      8/18/14
    • davePx: Bought a little TZA 15.21
      8/18/14
    • shopvac20: NG decided to go green this AM in a big way from last night... I have UGAZ so happy to see, but also looking for opportunity to add more
      8/18/14
    • davePx: Watching CLF for a dip...
      8/18/14
    • Robert Edwards: Bot some UGAZ 13.80 and 14.05 today. Will add on any weakness. Looks like we are double bottoming in NG possibly and this could b a bottom
      8/18/14
    • Robert Edwards: If it does not bottom and works a bit lower in Nat Gas, still like UGAZ buying on dips and would b taking profits on all DGAZ right now!
      8/18/14
    • davePx: Just for fun I have some JVA ....it is taking off this morning
      8/18/14
    • davePx: I personally really like Coffee...
      8/18/14
    • davePx: I was looking to get a dip in PBR this morning but missed ...watching how oil moves over this week
      8/18/14
    • Tatt2d: looks like SEAS is starting ...
      8/18/14
    • Robert Edwards: Sold some JDST 10.42, that I had picked up in aftermarket on Friday, and trying to buy some NUGT for a scalp trade now. I would recommend
      8/18/14
    • Robert Edwards: those unbalanced towards JDST to use weakness in NUGT to balance out some as the bullish seasonal still has influence on gold market.
      8/18/14
    • Robert Edwards: Missed my buy in NUGT on lows of day and decided to get some at 46.00 and will add on further weakness for quick scalp from the long side
      8/18/14
    • Tatt2d: Are you saying it looks like the seasonal gold rally might be starting now?
      8/18/14
    • Robert Edwards: I believe that we might get a pop towards 1380 possibly in gold, over the next 2 to 6 weeks based on a seasonal pattern so one needs to be
      8/18/14
    • Robert Edwards: cautious being too far extended towards the bearish side right now. Also Ukraine situation keeps a bid under gold.
      8/18/14
    • shopvac20: thinking about getting out of my dust position ... gained a couple %, I want to look at going long on gold. but dont wanna duplicate
      8/18/14
    • shopvac20: do what we did at the end of last year...
      8/18/14
    • Robert Edwards: SEAS is back above $19.00. Looks like $18 is value in SEAS and all dips under $19 should be a buy for awhile. Can play for move to $21
      8/18/14
    • Robert Edwards: Bot some JDST 10.23 to balance out my NUGT. Will take profits on each as I am able to.
      8/18/14
    • Robert Edwards: Bot more UGAZ 13.87
      8/18/14
    • Robert Edwards: Added to SEAS @ 18.91
      8/18/14
    • davePx: Bought UGAZ too 13.81
      8/18/14
    • RCamuti: RE, reports keep getting released saying gold demand is down significantly in both China and India so far this buying season.
      8/18/14
    • RCamuti: The 1300 per oz price seems to be holding back the demand.
      8/18/14
    • davePx: Missed the dip in SEAS ....looking to buy
      8/18/14
    • Robert Edwards: Took just a 4 cent profit in JDST and now riding NUGT up as Dec Gold is back above 1300. Gold is well supported on dips right now
      8/18/14
    • davePx: Picking up small amounts of TZA
      8/18/14
    • Robert Edwards: Sold NUGT 46.52 for 52 cent scalp, less commission.
      8/18/14
    • davePx: Pretty good call Robert...on the money!
      8/18/14
    • Robert Edwards: Wrote a new article, click http://seekingalpha.com/p/1w3c7
      8/18/14
    • skysurfer83: Hey RE where do you see JDST topping at today?
      8/18/14
    • RCamuti: Great article from Kitco on the upcoming gold trading levels. http://bit.ly/1BtZ5L3
      8/18/14
    • RCamuti: Article gives a lot of what if scenarios for the coming week(s).
      8/18/14
    • RCamuti: RE, JDST looks to have support @ $10. Gold cant seem to breach 1300. Any possibility of a JDST breakout?
      8/18/14
    • RCamuti: It had all the momentum in the world on friday, but Ukraine news killed that one. No reason why DUST & JDST shouldn't be moving up.
      8/18/14
    • skysurfer83: Thay was my thought process too RC, I held rougly 500 shares hoping to be part of the big rally. But today is not really moving and I ve
      8/18/14
    • skysurfer83: been missing out on a few good scalping oportunity. Also thoughts on TNA? will it break that $74 resistance?
      8/18/14
    • Tatt2d: Dumped my DUST and JDST early this morning when i lost faith...
      8/18/14
    • Tatt2d: Looking to buy JDST <10
      8/18/14
    • RCamuti: Also, with equities rallying so strongly today, it should put even more pressure on the gold miners to fall.
      8/18/14
    • rxraider: Limit order fails today: tried to sell some JDST at 10.49, tried to add more UGAZ at 13.50.
      8/18/14
    • rxraider: Difficult to trade while at work recently (I'm on lunch now). Will have more time later in the week.
      8/18/14
    • vanebfbc: Stock market seems very bullish recently. Adding $CSIQ to my watchlist for some non-US tech opportunity.
      8/18/14
    • ptTL9: more from elliottician on gold in near future: http://seekingalpha.com/a/1g2q5
      8/18/14
    • RCamuti: I find it shocking that gold could be down the last two days by 17 dollars total and the miners are up. Makes no sense.
      8/18/14
    • Lefty6x6: JDST around 10 and JNUG around 25 has been the teeter totter lately. buy em both, sell the swings, make money.
      8/18/14
    • RCamuti: Lefty, I am trying to set up that trade, but right now my holdings are biased to JDST with no more powder dry to buy JNUG till tomorrow.
      8/18/14
    • Robert Edwards: When I am overbalanced toward JDST, then I use small rallies in JDST to dump and then buy back JDST at lower prices and helps overall $$
      8/18/14
    • Robert Edwards: of account even if I am selling JDST at a loss. I just make sure that I get back in if it starts to really pop but not popping much lately
      8/18/14
    • Robert Edwards: My systems are giving me very small buy signals in gold and telling me to scalp from the long side, based on order imbalances but does not
      8/18/14
    • Robert Edwards: project much of a bounce. Scalping from long side worked today in NUGT/JNUG while JDST has been slipping a bit.
      8/18/14
    • Robert Edwards: Bullish seasonal is causing influence and turmoil in the world. Won't let gold fall. And traders like me seeing opportunity are causing
      8/18/14
    • Robert Edwards: gold to get bought on small dips and not letting it fall. This small dip buying pattern could continue for a few more days until catalyst
      8/18/14
    • Robert Edwards: causes it to change and start trending again, up or down. Reminds me of a song, "He's a real nowhere man (gold), livin in this nowhere land
      8/18/14
    • skysurfer83: I am at breakeven right now w cost avg of 10.19 on roughly 500 shares. Was hoping for a good pop like Fri to drop the rest.
      8/18/14
    • skysurfer83: I missed that quick rally to 10.32 earlier and this am opening. Feel kind of stuck now.
      8/18/14
    • skysurfer83: Maybe I should add if goes under 10 to lower avg cost?
      8/18/14
    • Robert Edwards: JDST is at 10.05 Sky, and below 10, JDST is a buy so you should be fine. More 2-way action, should let you out tomorrow if not later today.
      8/18/14
    • Robert Edwards: I made a couple long scalps in NUGT but missed the move above $47. I may buy some JDST if it would fall to 9.95
      8/18/14
    • Robert Edwards: Bot some UGAZ again 13.90, added to SEAS 19.07.
      8/18/14
    • Lefty6x6: I too am looking to pick up some more JDST under 10.
      8/18/14
    • Tatt2d: How many shares you buying during this teeter-tottter? Not sure if i have the funds to make it work. Gotta do some math...
      8/18/14
    • Lefty6x6: SKY: I know what you mean about missing the morning pop as we call it. It's been a long time since JNUG and JDST have opened 'even' .
      8/18/14
    • Lefty6x6: normally, (recently at least) they both open either sharply higher or lower from the previous close. if I hold overnight, I hold both.
      8/18/14
    • Lefty6x6: dump the one that opened higher for the quick gain, hold / add to the one that opened lower to dump as it comes back up. make money, repeat
      8/18/14
    • skysurfer83: Unfortunately I have been holding too long lately (call it greed), and had too many diff positions. Im liquidating all positions between
      8/18/14
    • skysurfer83: today and tomorrow (few losses here and there) and get back to scalping for the next few weeks. market has been to volatile to hold all week
      8/18/14
    • skysurfer83: But i was hoping to make a kill on friday but we never got to $11 in JDST and by the time I realized it all my gains were gone.
      8/18/14
    • skysurfer83: took a small profit on 70% of my JDSt position (very upsetting after waiting all week)
      8/18/14
    • ptTL9: it may be a down week for gold: http://onforb.es/1oV0jF0
      8/18/14
    • rxraider: Buying $TZA this week as a short-term hedge/trade. Buy order 14.75. Market seems a bit toppy currently. TZA can be good insurance.
      8/18/14
    • rxraider: Trying to catch a good level to add more $UGAZ. Buy order 13.75. May be good time to build nat gas short position.
      8/18/14
    • davePx: JVA still on the upswing holding for now, will buy more TZA, HALO, MNKD, UGAZ on dips.
      8/18/14
    • davePx: Waiting for the big dip in gold...brutal waiting
      8/18/14
    • Robert Edwards: UGAZ making nice pop today. Loaded up on UGAZ yesterday, and will watch to see if we can move back to $400 in Nat Gas.
      8/19/14
    • Robert Edwards: Shorted Dec Gold 1302.10 on that $5 pop and will continue to short into strength and bot some JDST 10.05 & will add more JDST on dips.
      8/19/14
    • RCamuti: RE, do you have any idea as to a buy price target for JNUG?
      8/19/14
    • WahahazZz: Hello again, you guys. Work projects almost finish, have time to trade again. Silver drop hard today not sure why, KING is still bleeding.
      8/19/14
    • RCamuti: Would you advise trying to scalp from the long side with JNUG, considering it is the weak today?
      8/19/14
    • RCamuti: Or with the price action of gold being what it is, you would hold off till gold stabilizes?
      8/19/14
    • RCamuti: Im having a hard time picking my spots to jump into the trade, JDST & JNUG are hard to read right now.
      8/19/14
    • Robert Edwards: I would buy some small positions in JNUG/NUGT but be prepared to add if they dip to lower prices. Especially I would suggest adding if one
      8/19/14
    • Robert Edwards: is strongly balanced toward the short side with lots of DUST/JDST. I like SEAS below 18.70 and added a good chunk today. Leaving KING alone
      8/19/14
    • Robert Edwards: I recommend selling GPRN out at least 2/3rd if not completely around 6.27
      8/19/14
    • Robert Edwards: Looks like UGAZ wants to pop towards 16 or higher on this move. I would get some UGAZ on any dips below 15
      8/19/14
    • RCamuti: RE, what are you thoughts on where the gold price will go the next few days? Any expectations with FED Minutes & Jackson Hole?
      8/19/14
    • Jeremy49: GDXJ 50 day MA is 41.68 - prob no big JDST pop unless GDXJ closes below support at 41.68. Maybe I'll scalp from long side w JNUG until then
      8/19/14
    • Jeremy49: Still have large core JDST position though to sell at 11+ - gold just seems so weak. If not for Ukraine last week might be testing 1280 now
      8/19/14
    • Robert Edwards: Gold could get some momentum to drop on down, but so far have not seen it. Strong bid remains under market so gold won't fall much. Thus I
      8/19/14
    • Robert Edwards: like NUGT below 46.50 but also can make money if u can buy JDST below 10.00. Gold is really dead right now.
      8/19/14
    • Robert Edwards: I like UGAZ right now, buying on dips in that, more so than the gold market, till things clear up in the gold market.
      8/19/14
    • Robert Edwards: Unfortunately, Nat Gas has trouble going up more than 3 days in a row, and we are up 2 days in a row counting today. So Nat Gas could turn
      8/19/14
    • Robert Edwards: down soon if 4.00 is not overtaken tomorrow. I may short against resistance tomorrow for a quick scalp. I like UGAZ 14.25 & lower but
      8/19/14
    • Robert Edwards: feel we will likely hit 16 before we hit 13.50. On weakness, I really like UGAZ but not so much on strength. Not bullish above 15.00 right
      8/19/14
    • Robert Edwards: now in UGAZ until we have a 1-2 day correction down. The next big dip should be a great trade buy in UGAZ on a bit of weakness if it comes
      8/19/14
    • Jeremy49: Thx RE for your thoughts on gold...I can't seem to shake my bearish bias but I'll be cautious w my DUST/JDST accumulation until break 1280
      8/19/14
    • vanebfbc: 10% return in $TQQQ in one week...I think tech is probably due for a small correction. Will take some profit on my stocks and wait for dips.
      8/19/14
    • RCamuti: Placed a buy order in JNUG scaling the trade from 24.50 to 24. Hoping to get some fills.
      8/19/14
    • AlphaOne777: : RE: that system Tatt2 d can you share where it is available or is it something you developed yourself?
      8/19/14
    • RCamuti: Looks like those buy orders in JNUG arent going to come in today.
      8/19/14
    • RCamuti: Sticking to my prices though, my gut is telling me that those prices can be reached later this week.
      8/19/14
    • rxraider: Sold some $JDST at 10.49. Averaged in at 14, so JDST is my loser and I'm hating it. Gold is so difficult to trade right now.
      8/19/14
    • rxraider: Started small $TZA position at 14.75 position for a rainy market day. Will add more on at some point.
      8/19/14
    • rxraider: Took profits in part of $UGAZ position at 15. Will buy it back before Thurday's EIA report. Will try to buy below 14.50.
      8/19/14
    • skysurfer83: Same here RC... I have a goof feeling as long as Putin doesnt go crazy again lol. Closed out all TNA-XIV-TQQQ positions tho. happy w 10-12%
      8/19/14
    • RCamuti: had a sell order of jdst @ 10.50 that didnt execute at the end of trading.
      8/19/14
    • skysurfer83: 10.50. Seems like a good starting point for tomorrow. maybe small pop in early trading followed by few dips so i can reload on it
      8/19/14
    • skysurfer83: Ask price was 10.5 but bids never went past 10.48 RC. I had half position set to sell for 10.50 as well,
      8/19/14
    • RCamuti: I have an after hours sell of JDST still but tomorrow is another day. I am still thinking that gold will continue lower.
      8/19/14
    • WahahazZz: scalped some JNUG at close, FOMC meeting tomorrow.... might buy some TZA
      8/19/14
    • WahahazZz: have a feeling that DGAZ might pop tomorrow
      8/19/14
    • Robert Edwards: AlphaOne, my indicators is my own system and not available for sale. Email me privately if you want suggestions in developing your own
      8/19/14
    • WahahazZz: RE, I am also interesting to develop my own system as well, but I am not sure where to start. Any tip for the beginner developer also?
      8/20/14
    • Robert Edwards: I told AlphaOne and others to check out the book by Jake Bernstein, All About Day Trading which you can buy at half.com for less than retail
      8/20/14
    • Robert Edwards: My system is not exactly like Jake's but he clues you into the types of things you need to set up a system and what to look 4 in the markets
      8/20/14
    • Robert Edwards: Out of JNUG at 25.15 & 25.17 that was bot 24.10 and 24.44 so now flat. May pick up some JDST but hoping to buy a bit cheaper.
      8/20/14
    • Robert Edwards: Buying some JDST at 10.00 area if it gets that low. So far 10.10 is the low.
      8/20/14
    • Robert Edwards: Did not get my JDST bot before the pop
      8/20/14
    • Lefty6x6: yea, I missed as well. looking to accumulate JDST if it comes back down to 10ish.
      8/20/14
    • Lefty6x6: does not look to be coming back to 10 today. gonna try to pick up some JNUG under 24
      8/20/14
    • WahahazZz: Thank you RE for an advice, I will check it out. Also sold DGAZ at 4.55, stalking UGAZ for under 14, probably tomorrow.
      8/20/14
    • Robert Edwards: bot back some JNUG 24.34. Will add on further weakness
      8/20/14
    • Robert Edwards: Gold is down 4 straight days which is a bit of a problem for the bears as there is a great chance tomorrow we close up. Hard to get down 5
      8/20/14
    • Robert Edwards: in a row in gold. These 4 days down have been very small range days and that also makes me like playing JNUG/NUGT more than JDST in here.
      8/20/14
    • Robert Edwards: Sold my JNUG 24.67 so now flat across the board. Don't have a single thing on and had a great scalping day.
      8/20/14
    • Robert Edwards: I figured it was time to get out of my JNUG trade as gold popped $3 off the bottom and that is all it should do for now. Should retest lows
      8/20/14
    • WahahazZz: Gold bounce off 1285... broke support at 1290. Mind mind, 1280 this week?
      8/21/14
    • RCamuti: Gold is hovering @ 1286 right now. Unless there is a material change, gold should continue lower and test the lows very soon.
      8/21/14
    • rxraider: Gold down to 1280 currently, due to Fed minutes. Hopefully GDXJ will drop so JDST will pop. May be a crazy Thursday and Friday.
      8/21/14
    • WahahazZz: 1275 now, its going to be crazy Thursday.
      8/21/14
    • WahahazZz: looking for JNUG under $22 that should be a safe place to buy hopefully
      8/21/14
    • Toastypro: Hi Folks, nice gold action today. It broke thru $1280 support and it is trending down lower. Next stop $1240?
      8/21/14
    • Robert Edwards: Breaking below 1280 is meaningless if we still close above 1280. Will be watching close very closely today.
      8/21/14
    • Jeremy49: Oh ok RE thanks for clarifying. So below 1280 at 1:30pm would be important
      8/21/14
    • RCamuti: RE, which close are you referring to, the close of the NY gold market or the market close?
      8/21/14
    • Robert Edwards: The 1:30 p.m. New York close is considered the close they use on the charts.
      8/21/14
    • RCamuti: Its def. time to take some profits in JDST if you have any. I will continue to scale into my first tranche of JNUG today.
      8/21/14
    • Robert Edwards: I agree RC on time to move out of JDST as it has had difficulty getting above 11 and have more resistance at 12. JNUG is the play under 23
      8/21/14
    • Robert Edwards: Bot some more JNUG 23.04 and will add more on any weakness, thinking we might pop to 1285 in gold later today and pull JNUG to 24 maybe
      8/21/14
    • Robert Edwards: Bot more JNUG 22.87, will hold to sell 23.50 to 24
      8/21/14
    • WahahazZz: added more JNUG at 22.70
      8/21/14
    • ptTL9: Thanks, RE. I bought today Jnug a little to high, at 23.3, but planning to add more, i am sure there will be another surge before month end
      8/21/14
    • Robert Edwards: Hopefully we bounce off the lows tomorrow and gold hits 1290 to 1300 and JNUG hits above 24. That is what I am looking for.
      8/21/14
    • Robert Edwards: If not tomorrow then Monday. We are oversold and I see a small correction higher coming shortly like starting now.
      8/21/14
    • Robert Edwards: JNUG just popped from 22.40 low to 23.20 and may hit 24 today if gold will cooperate!
      8/21/14
    • WahahazZz: JNUG Rebound!!! RE, Do you recommend to sell at 24 or hold?
      8/21/14
    • Robert Edwards: If I have 40 to 75 cents profit in JNUG then I would sell some right here in the 23.40s but keep half for a move over 24 tomorrow
      8/21/14
    • Robert Edwards: Anyone who dumped some JDST at $11.20s and $11.30s when I & some others suggested selling some, looking good so far with close below 11.00
      8/21/14
    • Jeremy49: 2% day in JDST after drop and close below 1280...while DUST up 6.25%...what a joke. If bearish must play DUST I guess
      8/21/14
    • Jeremy49: Watch gold will close at 1280 tomorrow and JNUG will be up +10% by end of day
      8/21/14
    • Robert Edwards: JNUG is outperforming Jeremy and that is why I am buying JNUG & leaving JDST alone as it is frustrating being in JDST even with gold falling
      8/21/14
    • Jeremy49: Yes RE you are right...even when I'm right on direction JDST frustrates. Have been scalping as well so making money but core shares no pop
      8/21/14
    • WahahazZz: Tomorrow Yellen speak, and also Draghi. not sure how it going to turn out. Hawkish yellen, and Dovish Draghi?
      8/21/14
    • RCamuti: Gold is starting to fall again in the after hours.
      8/21/14
    • RCamuti: Wykoff of Kitco lowered his gold rating to a 4, and more Hawkish talk for Fed Member on CNBC.
      8/21/14
    • WahahazZz: JNUG will likely to pop tomorrow and then fade as the Yellen speak approach. RE what do you think about the action tomorrow?
      8/21/14
    • Robert Edwards: Might get a pop early before she speaks due to shortcovering. Will know soon enough.
      8/21/14
    • Tatt2d: Just to clarify, you still gold and JNUG/NUGT ralley late or on Monday but a possible dip/pause during or after her speech?
      8/21/14
    • Lefty6x6: morning pop - sell which ever direction it goes, buy the one that drops ... ride the teeter totter people. make money, rinse, lather, repeat
      8/21/14
    • Robert Edwards: Just sold some JNUG at 23.50, bot a tick or two under 23.00. Will continue buying JNUG & UGAZ on dips
      8/22/14
    • WahahazZz: 24 for JNUG is not that far away anymore
      8/22/14
    • WahahazZz: KING popped today as well as SEAS
      8/22/14
    • RCamuti: Draghi speaks at 2:30 today, could be the final catalyst to move gold in a direction. Considering the weakness of the European economy.
      8/22/14
    • rxraider: Sold part of my JDST at 11.00 for a loss (bought at 14 average). Next time I go bearish on gold, I'll use DUST instead.
      8/22/14
    • WahahazZz: Weaker EU, more QE, Double negative rate? more inflation?
      8/22/14
    • Robert Edwards: I predicted we would hit 24 on Friday (today) in JNUG and we did hit the target but yesterday it was looking kinda bleak. Looks
      8/22/14
    • Robert Edwards: like I was correct to be buying the dip and smart to dump some $11+ JDST. Back at 10.50 and 10.00 JDST will be a buy again.
      8/22/14
    • skysurfer83: RE do you think gold is going to rally late day?
      8/22/14
    • Robert Edwards: Sky, don't have a reading yet for late day gold surge but preliminary data is pointing to a late day surge. Just added some JNUG and will
      8/22/14
    • Robert Edwards: add more on any weakness later today in anticipation of a late day gold surge. Is Draghi supposed to talk 2:30 p.m. EST?
      8/22/14
    • WahahazZz: Yes, RE. Draghi speech is at 2.30
      8/22/14
    • Robert Edwards: Just bot some JNUG 23.24 for late day pop but don't know if it will be much of a pop today. Looking low volume and weak buy signal.
      8/22/14
    • skysurfer83: Monday pop?
      8/22/14
    • zaw77: I bot back 1/2 of JUNG for monday pop at $23.05 sold at $23.89 - it was porfitable week with KING, SEAS, UGAZ and JNUG
      8/22/14
    • Robert Edwards: Good week indeed ZAW. I bot some JNUG into the close that I will have to dump on Monday.
      8/22/14
    • WahahazZz: We might get a pop in gold on Monday due weak home sales. last month report was way below the consensus.
      8/22/14
    • Lefty6x6: JNUG @ 25ish with JDST @ 10ish is the teeter totter. Good weekend all !
      8/22/14
    • WahahazZz: JNUG @25 would be nice. :)
      8/23/14
    • Robert Edwards: Started a new thread. Look at StockTalk under SEAS, KING, JNUG, UGAZ or GRPN.
      8/24/14
      From other sites