RE: The US Dollar Is Down AGAIN! Despite That, Gold And Silver Are Also Being Hit. By Gregory Mannarino

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The US Dollar Is Down AGAIN! Despite That, Gold And Silver Are Also Being Hit. By Gregory Mannarino

in money •  7 years ago 

@joejustjoe I have to say I am very impressed with your take on the markets, I am looking forward to hearing from @traderglen as well.

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7 years ago by

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      ·  7 years ago 

    I don't think TraderGlen gives much market commentary. I "earned" my "troll" status becuase I do.:-) Btw, no need to thank me for my work on today's UA rally...as "promised." it's what I do. :-)

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        ·  7 years ago 

      I going to hold UA and USO most likely until the end of the trading day, but we shall see. Nice work Joe.

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          ·  7 years ago 

        I'm focusing on the sexy VIXens today. I'm already long the VIX to $11 by 7/21. I am "expecting" UVXY to trade to a new 52 week low. I am "targeting" the 8.55 area as a long term buy and hold price. It can actually be bought and held right now but...I'm a "perfectionist" I guess. :-)

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            ·  7 years ago 

          You have guts I will say that. I am sure you will do well.

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              ·  7 years ago 

            Dollar looks like it'll be running like a scalded dog soon too. That makes sense of course since dollars and U.S. govmint debt will soon be two of the world's only "safe havens." This chart already gaurantees a move thru 25.20 and it has already generated the first leg of my short term buy signal. Once it trades belowst 24.71, watch out if you are shorting the dollar. Just letting you know early so you don't get caught in teh tunnel with a 200 mph light coming at you like a nightmare. :-)

            http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=uup&x=47&y=20&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

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