Posted by atlantis on 25th of Sep 2012 at 01:14 pm
Hi zitron,
I bought some DUST yesterday after my NUGT trade got stopped out
with a good profit. The GDX-GLD 60 minutes ratio
chartis also confirming weakness in GDX as it's
about to cross down.
Nice chart zitron - DUST has made a nice move up. The bigger
view could be an IHS forming on DUST with a neckline around 24.90
but that has yet to be confirmed...nice trade in any event.
Posted by parkridge77 on 25th of Sep 2012 at 12:36 pm
chart patterns & 3x etf question: Steve-
on blog yest. someone commented that chart patterns particularly on
3X etfs are not as realible /applicable as they are with
other issues. Your comments on that?
Shorting GDX
Posted by zitron on 25th of Sep 2012 at 11:57 am
Any takers? In since Thursday...
Feedback appreciated.
Hi zitron, I bought some DUST
Posted by atlantis on 25th of Sep 2012 at 01:14 pm
Hi zitron,
I bought some DUST yesterday after my NUGT trade got stopped out with a good profit. The GDX-GLD 60 minutes ratio chartis also confirming weakness in GDX as it's about to cross down.
Good luck.
Posted by zitron on 25th of Sep 2012 at 02:50 pm
Nice chart zitron - DUST
Posted by steve on 25th of Sep 2012 at 12:27 pm
Nice chart zitron - DUST has made a nice move up. The bigger view could be an IHS forming on DUST with a neckline around 24.90 but that has yet to be confirmed...nice trade in any event.
http://stockcharts.com/h-sc/ui?s=DUST&p=60&b=5&g=0&id=t79011842911&a=268835071&r=1348590995596&cmd=print
Thank you.
Posted by zitron on 25th of Sep 2012 at 02:40 pm
chart patterns & 3x etf
Posted by parkridge77 on 25th of Sep 2012 at 12:36 pm
chart patterns & 3x etf question: Steve- on blog yest. someone commented that chart patterns particularly on 3X etfs are not as realible /applicable as they are with other issues. Your comments on that?
Over longer time frames I
Posted by steve on 25th of Sep 2012 at 12:37 pm
Over longer time frames I much prefer to use the underlying index or sector versus the leveraged ETF for analysis.