tag:blogger.com,1999:blog-2643613788950912206.post474218774254366996..comments2023-09-17T02:33:56.785-05:00Comments on The TSI Trader: Buy/Sell EDC - $13.15/$13.55John Townsendhttp://www.blogger.com/profile/13243755287314446656noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2643613788950912206.post-60439207990161742442011-09-23T10:18:25.195-05:002011-09-23T10:18:25.195-05:00Here's a good link to a Leveraged ETF stop cal...Here's a good link to a Leveraged ETF stop calculator to get price targets for DUST, NUGT, AGQ, UGL..etc. <br /><br />It only works after trading hours. <br /><br />http://trade-radar.com/tools/leveraged-etf-stop-calculator.html<br /><br />AnthonyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-20895057374364513302011-09-23T07:53:05.085-05:002011-09-23T07:53:05.085-05:00It looks like the D-wave had started.
What is you...It looks like the D-wave had started.<br /><br />What is your target for and silver, John?<br /><br />Thanks.Funghttps://www.blogger.com/profile/02021422171993122484noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-77746997709787596382011-09-23T06:44:47.329-05:002011-09-23T06:44:47.329-05:00Anon - I was throwing that number out there after ...Anon - I was throwing that number out there after eye balling the HUI and DUST charts. 90 is not so special and maybe 75 is closer to realistic.<br /><br />The HUI corrected 36% off the 2004 gold C-wave, 33% off the 2006 C-wave and 71% off the 2008 C-wave. Considering the apparent size of the current deflation, a 40%+ correction seems conservative to me. <br /><br />That would bring HUI's recent high of $640 down to something like $384. <br /><br />We do not have any direct history to compare DUST with a HUI price of $384, but a price substantially higher than DUST's Jan. 2011 high of $55 is obvious. At that time, the HUI low was $492. Assuming HUI ultimately falls 100+ additional points to $384, DUST would rise from $55 considerably. I would think to $75 at a minimum.John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-72073522918872356932011-09-22T22:38:44.927-05:002011-09-22T22:38:44.927-05:00Hi John,
DUST to 90? thats a double from all time ...Hi John,<br />DUST to 90? thats a double from all time high, why 90 is so special?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-59978891946588179192011-09-22T20:30:58.679-05:002011-09-22T20:30:58.679-05:00Hi Monty - yeah, another reader asked me the same ...Hi Monty - yeah, another reader asked me the same question earlier today about bonds. I just looked at them again and I would not touch them with a 10 foot pole just yet. No way are either TMV or TBT ready to do something nice for us.<br /><br />I'm going through a list of the prospects for tomorrow and TSI-wise, these look very promising:<br /><br />DRV, DUG, DUST (I think could reach $90 in November), ERY, RETS, SRS, TYPJohn Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-47182230840883100732011-09-22T20:03:32.479-05:002011-09-22T20:03:32.479-05:00nice trade John,
I was too scared and confus...nice trade John,<br /> I was too scared and confused to try anything today....since I bet the wrong way before the FOMC and had my confidence dented.<br /> First I want to thank you for enlightening me on the TSI. It seems to work on almost any time frame. It's helping me. <br /> What about bonds? Treasuries. They are spiking up and seem like a good short opportunity. TMV or TBT. M-Montyhttps://www.blogger.com/profile/04208974431161689537noreply@blogger.com