Good luck show-me!
Show-me,
So happy to see you here, I really love your posts over at TSPTalk, following your trades and musings are a must for me!
Show-me buddy where you @?
Bought SDS @ 86.39 come join in watching the market go down in flames
Hey Show, I just found Proshares Ultra Silver, symbol AGQ, and it's been moving pretty well! Probably not news to you, huh.
Lady
If you think education is expensive, try ignorance. - Derek Bok
I'm sitting in some FAZ @ $60 from a while back and a butt load of UCO dca from $10.36 down to $7. If it stays below $6 for much longer, I will back up the truck to lower my average price.
DXO is at a 52 week low and is my pointman for my UCO trading. That low is in and should see a bounce if the world does not split in two and spew us into outer space.
Have a sell limit of $75 on the FAZ.
Have a sell limit of $12.50 on the UCO.
I'm dumping my FAZ after looking at the IYF chart. Tracking error can screw you on these 3X ETF's. IYF is 1X and shows a triple bottom. To me that would mean FAZ should be at its top but is lagging big time.
I'm out!
Show, I managed to score some more silver bullion today from a local dealer. He let me have it for spot +.10. I haven't seen it online for less than that.