Cobra's Market View

Has gold broken up ? Any ideas on NUGT?

Can you believe this is an actual Obama ad: http://news.yahoo.com/blogs/ticket/obama-big-bird-ad-campaign-attack-video-114656065--election.html That is sooo dumb. I bet if Romney had ads like that against Obama - he wouldn't hear the end of it. Why does Obama get away with hitting 'below the belt'?...

These member only updates throughout the day are great!!!

Cobra,

Do we still have a second leg to go down? or does all of this up price action nullify that?

Thanks!

Wow - NUGT is a wild one. It is retesting that support of the breakout above 18.38

ClarkW - thanks for NUGT ! Looks like it measures to around 18.90ish.

Thanks for the chart on NUGT!

Is NUGT still in a channel? If so, it is easy to scalp a nice 5 percent swing every day...

Nice chart on NUGT. I am always interested in NUGT...

Anyone trading NUGT or DGP or holding long term?

Thanks Keizai - for the heads up on Silver/Gold
Let us know if it looks like it is headed down again...

Anyone have a chart on NUGT,XIV, UVXY? Thanks...

BullBear - your charts have been right on today. Thanks.

I had to head off to work so sold my NUGT at break even. I have no time to keep an eye on this. The cheap price sure was tempting this morning but I don't have the guts to hold on. It does not seem to want to move above 8.60ish today.

Tradergirl thanks for the charts and help...

Yes...

Tradergirl - thanks! I was hoping you would respond to my question. A little too late as I now have NUGT and need to figure out how much I am willing to consider as a loss...

Thanks gap up on the info on NUGT. It sure is bouncing a lot this morning.

What does epic fail indicator mean? What about NUGT? Thanks..

anyone have any ideas or thoughts on NUGT?

Tradergirl,
Just dropped the kids off at summer care and got into work. Thanks for the warning about UVXY - it sure did drop fast! Your charts on NUGT are awesome!