Thursday, July 11, 2013

Tues thoughts



400
3:38 posting: "604 NUGT may stall today"...closed at 6.03



357
bought some uvxy here 48.70
sold some NUGT, up 21% in one day!!!

349
DUST trade went from 20 to 80 about 400 percent...actually went over 80 but exited that early...NUGT has similar power potential

347
NUGT just hit the 605 trgt, trying 618

342
Inv Bank just raised the ask on NUGT>...5.99 last,,now may go over the 604 toward 618

338
604 NUGT may stall today, still trying for 618

326
uvxy 46.80 buy trgt, may pay more, last 48.59

324
lim order to sell part of nugt 6.18 under the 6.22 trgt, may sell lower today

318
plan to sell 25% nugt,hold 75%, and use $ from 25% sale to buy some uvxy

317
NUGT 6.04 Inv Bank lowest sell level, trying to sell a piece there, but will wait because may go for 6.14, 6.22, 6.33..aready hit the 580 trgt

.i only selling 25% of position tho nugt....still see lot higher,,,sounds ridiculous but look how high GDX was before...even half retrace is a lot, weekly chart

940
NUGT is up 18% today. where it was "supposed" to be 2 days ago...trgt 1 hit, higher targets still over 7.00, the new "should be" number on nugt is 6.50-7.00ish, when it gets there it may slow down its accel up.

On Tuesday, We did talk about how it could get to first trgt 580 in one day...its very volatile instrument


Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 


For details on the portfolio see this posting:

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

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