OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

R640 re: JNUG & NUGT

Posted by Buygold @ 15:19 on February 28, 2020  

It’s absolutely stunning that both of them have been cut almost in half in the last couple of days.

They are probably good for a flip here or on a down open on Monday am, although I really do think the world’s central banks will be intervening over the weekend. Not sure what they can do about the virus, but they can cut rates and inject liquidity to calm the market and crush the shorts for a few days.

Seems pretty clear to me rates in the US 10 yr. are going to zero.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.