This system you speak of peaks my interest...are there posted rules for said system or a way to track the flips...how does it work?
Thanks for the system update! I was wondering if it was getting close to a flip to NUGT.
Any thoughts on how a Fed decision to cutback on QE will impact NUGT/DUST?
This system you speak of peaks my interest...are there posted rules for said system or a way to track the flips...how does it work?
NUGT seems to have stabilized a bit. Currently 56.30 up 3.5%. Sure hope we're finding a bottom here. I'm thinking that as Federal budget/debt ceiling deadlines near and Congress continues to bicker that will be the catalyst for NUGT to take off..WhoDey.....Thanks for the system update! I was wondering if it was getting close to a flip to NUGT.
Any thoughts on how a Fed decision to cutback on QE will impact NUGT/DUST?
Update on post #2255 below. NUGT up 5.48% today even as GLD sank, curious.. Maybe these ETF's have decoupled based on technicals ? NUGT had strong close and is still up after hours. Saw comments on Marketwatch.com that there may be profit taking tomorrow? I'm curious to see if Mr. JR System will continue to hold DUST tomorrow..
Last edited by Dutchy; 09-17-2013 at 04:16 PM. Reason: editing
Would you please explain the meaning of the StochRSI being below 0.1 when considering selling, and why did you set the StochRSI parameter at 92? What does that mean? I noticed the default setting is 14 but I haven't found yet what any of that means....really appreciate the help!
"The flag stands for rights, not results. Time to grow-up buttercup"
NUGT/DUST looks like it just barely produced a switch at the end of the day to NUGT. Since I can no longer post from work (my work computers still think this site is contaminated with MALWARE and a TROJAN VIRUS), technically, it now holds NUGT. For those of you paper trading this system, if there is ANY upside at the open tomorrow for NUGT, that would be the time to get in. (If it's a negative day for NUGT, I would hold off on making the switch). I find it amazing that the uptrend line and the timing band coincided almost perfectly to the day to produce this signal. Now let's see if it pans out, and if it does, how long it will last...
NUGT.png
CURRENT ALLOCATION: 100% I AS OF C.O.B. 5/22/2017
With Stockcharts, you can adjust the parameters on any of the indicators to suit your trading style. The default setting of 14 doesn't provide any meaningful signals for this model, however, a setting of 92 provides the rare confirmation that a bear market is in full swing (along with the crossing of the 10 and 50 week exponential moving averages). The SRSI level of 0.10 is just a visual way to avoid whipsaws.
CURRENT ALLOCATION: 100% I AS OF C.O.B. 5/22/2017
Do you dare ask your IT folks to check on this? It turned out to be a false positive from Google on some benign code, and they have removed the block on their end. Not sure what's happening on your end that makes them continue to block. All browser I have checked have given it the all's clear.
Tom
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I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
"The flag stands for rights, not results. Time to grow-up buttercup"
NUGT/DUST: Well, I guess that answers THAT question if we got a signal to switch or not. Jeez!
Congratulations to those of you holding NUGT!
NUGT.png
CURRENT ALLOCATION: 100% I AS OF C.O.B. 5/22/2017
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