DUST

    Posted by wowten on 2nd of May 2016 at 02:34 pm

    potential for a h/s bottom to form.

    Keep an eye on yesterdays candle.

    Using Steve and Matt's rule of taking back 50% of previous day candle DUST may trigger long on the daily.

    why trade that crap DUST,

    Posted by matt on 2nd of May 2016 at 02:36 pm

    why trade that crap DUST, whoever runs that thing, reverse split it!  I shorted NUGT instead

    Yes perhaps - but I don't trust ETF's like these 3X ones so much especially DUST and NUGT are some of the worst I've seen for degradation.  You can use that as a guide I suppose but for me I tend to day trade these

    I believe a 10:1 or

    Posted by pinguin on 2nd of May 2016 at 02:38 pm

    I believe a 10:1 or 30:1 is happening next week... somebody check me, as this is my memory talking

    Reverse split

    Posted by sbaxman111 on 2nd of May 2016 at 02:56 pm

    10:1 I posted the Direxion notice about this last week

    ha ha nice, yeah about

    Posted by matt on 2nd of May 2016 at 02:39 pm

    ha ha nice, yeah about time, yeah a 30:1 might be better

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