Comments on: NUGT GDX Bounce Target Hit, Awaiting Next Short Entry https://rightsideofthechart.com/nugt-gdx-bounce-target-hit-awaiting-next-short-entry/ Stock Trading, Investing & Market Analysis Thu, 09 Mar 2017 02:20:13 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/nugt-gdx-bounce-target-hit-awaiting-next-short-entry/#comment-557 Tue, 20 Oct 2015 15:45:08 +0000 http://rightsideofthechart.com/?p=168512#comment-557 @cheri – I’ve debated with how to refer to and more importantly, how to categorize the inverse ETF as trade ideas on the site. Although I was referring to going long DUST as a short play on the miners, I’ve tagged the post with both the symbols for DUST & GDX (as some traders might prefer to short GDX directly or trade options on it (buy puts, sell calls, etc…) and I even added NUGT in this case, as it was referenced in this post plus, one could also short NUGT in lieu of a long DUST position. As such, since either a long DUST or short GDX trade is essentially a short on the miners, in order for a visitor of the site to come in to see the short trade ideas on the site (from the menu bar up top), the DUST long is assigned to the Active Short Trades category.

I know this can get very confusing because at times I will short an inverse ETF to go long (e.g.- short DUST to go long the miners). Not really a perfect solution other than carefully reading the post & as you just did, post a question in the comment section to get clarification as I often do make typos in rushing to get these time-sensitive updates published.

]]> By: cheri https://rightsideofthechart.com/nugt-gdx-bounce-target-hit-awaiting-next-short-entry/#comment-556 Tue, 20 Oct 2015 14:55:44 +0000 http://rightsideofthechart.com/?p=168512#comment-556 dust is 12.96 currently

]]> By: cheri https://rightsideofthechart.com/nugt-gdx-bounce-target-hit-awaiting-next-short-entry/#comment-555 Tue, 20 Oct 2015 14:51:17 +0000 http://rightsideofthechart.com/?p=168512#comment-555 DUST short w target of 16.30?????? I think you mean long…

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