Sold 2/3 TNA, 1/3 USLV, 1/2 NUGT
Per our stated plan to sell TNA on a significant market rally, we've closed 2 of our 3 positions at $48.05 for a gain of 14% and 11% respectively in less than 3 weeks.
Our remaining TNA holding is at roughly break-even. We'll sell that too if stocks move considerably higher.
Per Friday's post, 1 of our 3 USLV positions and 1 of our 2 NUGT positions was sold at the open for a gain of 25% in 7 weeks on USLV and 28% in 4 1/2 months on NUGT.
The limit order on JNUG has not yet been hit, so we'll leave that open.
Our remaining TNA holding is at roughly break-even. We'll sell that too if stocks move considerably higher.
Per Friday's post, 1 of our 3 USLV positions and 1 of our 2 NUGT positions was sold at the open for a gain of 25% in 7 weeks on USLV and 28% in 4 1/2 months on NUGT.
The limit order on JNUG has not yet been hit, so we'll leave that open.
posted by C. Guinness @ 1:21 PM
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