thing123

Down? Can it be this easy - maybe not - we shall see

Short
thing123 Updated   
AMEX:GUSH   Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
Looks way maxed out. I bought DRIP a bit early at 15.33 or something and failed to sell it when it dropped (when OIL spiked way up) - DRIP went way down to 13-ish and is now going back up).

At THIS rate, if GUSH goes to the bottom line - $18 - why wouldn't it, it was just there a few months ago (-71%) - DRIP will go UP 71% (maybe) - which would be $24.76 (why wouldn't it - it was JUST there at the beginning of this year). So I guess I will keep my DRIP for now and buy GUSH at some point perhaps.

NOT trading advice - just playing around with a few $$ (and getting ahead, and then risking it and getting behind and then being careful and getting ahead, etc, etc)



Comment:
WROING!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.