Thread: ETF for dummies

Originally Posted by userque

I don't trade big around fomc days, but I've got a little dust too since close yesterday.

Thanks for the tip, should have been patient and watched from the sidelines..
I got a littke antsy yesterday because I missed the action Monday at $55, so bought at high $52 yesterday. Now, i am really in the action...

Be careful with gold. I suspect it has been in a "sell the rumor" mode for the last few months. Could that mean a "buy the news" possibility? Well, now that I've said it out loud, probably not.

Expect the unexpected. Gold was supposed to soar if Trump won the election, and it did... for about an hour.

Originally Posted by tsptalk

Expect the unexpected. Gold was supposed to soar if Trump won the election, and it did... for about an hour.

Yeah...Gold has been behaving uniquely lately.

Originally Posted by Maricar19

Thanks for the tip, should have been patient and watched from the sidelines..
I got a littke antsy yesterday because I missed the action Monday at $55, so bought at high $52 yesterday. Now, i am really in the action...

$54+. Well played. Time for NUGT?

Originally Posted by userque

$54+. Well played. Time for NUGT?

yea..lucky to sell them at $54.60. Now about Nugt...too scared..

Originally Posted by Maricar19

yea..lucky to sell them at $54.60. Now about Nugt...too scared..

My system only enters near the close...so I'll be selling DUST and grabbing a little NUGT then.

Originally Posted by userque

My system only enters near the close...so I'll be selling DUST and grabbing a little NUGT then.

Dang! Did you see after hours? Dust as of 1408 is up $61.00
always missing the action

Originally Posted by Maricar19

Dang! Did you see after hours? Dust as of 1408 is up $61.00
always missing the action

Yeah...I'm watching.

Your trade was profitable...you'll never go broke if you keep taking profits...even if you don't get 'all' the money on the table.

I meant 0208, not 1408 in my previous statement.
Pre-market is.now $65+ for Dust...no chance for me to join the action. Too high.

Originally Posted by userque

Yeah...I'm watching.

Your trade was profitable...you'll never go broke if you keep taking profits...even if you don't get 'all' the money on the table.

Originally Posted by Maricar19

Dang! Did you see after hours? Dust as of 1408 is up $61.00
always missing the action

Originally Posted by Maricar19

I meant 0208, not 1408 in my previous statement.
Pre-market is.now $65+ for Dust...no chance for me to join the action. Too high.

Ok. I meant I was following the GOLD Futures (not the DUST aftermarket) when I responded earlier.

Yeah...getting in DUST now seems risky.