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Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP)

NYSE
Currency in USD
Disclaimer
8.450
-0.070(-0.82%)
Closed
After Hours
8.590+0.140(+1.657%)

DRIP Comments

Continuing to hold 250 long from $8.07. .... $13.18. Raising stop to $12.42.
Man oh man, you DRIPER's got freakin' lucky.  This thing WILL get liquidated one day.  Buy GUSH, and as much as you can and get wealthy.
GUSH going to sub $5
gush and drip both about due for another reverse split.
Just GUSH
Placed sell order for 1/4 position at $13.00 from 9.25
Executed. Placed order to buy 2,000 shares at $12.00. Pending.
i just wanna know when the reversal is gonna happen
What did you find out ?
$12.91
To the DRIPER"S: TAKE THE $$ AND RUN!
$11.07
No confusion about $11.04 and up 12%. Zero
Builds in WTI will be prevalent in the coming month. Downward price pressure on the oil sector. The DJIA will continue to sell off is another dagger for oil equity prices.
$10.70
do you use any technical indicators like RSI or MACD to help you know when to buy or sell?
IMHO, i don't think any indicator would work. When it downs 6-8% buy or sell vice versa.
and in the current market a single tweet will turn the market around, regardless of technicals.
$10.28
wow gush is easily catching up on the losses yesterday
Holding 10.67. should be ready to sell tomorrow after oil report to move to gush for short term scalping.
If, and it is an if, there is another major oil/gas deal, you don't want to be anywhere near DRIP.
GUSH is going to fly. These oil/gas stocks are so cheap that fund managers will pile in once value comes back into favor. DO NOT touch DRIP here, it is a sell.
Did you just agree with yourself????
OSDs leading the energy sector down. The US just lost access to the largest importer's market and you think US oil equities will rally ? Been long DRIP since $9.25. It was up almost 10% today. It's just starting. This situation with losing all sales of oil to China is HUGE. Watch exports drop below 2 mbd
 yea that dude just agreed with himself haha
Interesting pre-market situation. DJIA down 350 points and WTI is at 62.35 up 1.25%
holding drip at 10.27. will look to scalp, entering gush if it hits below 9.10
exited 10.75
wow that plunge in oil was unexpected
sold drip 10.55 maybe more upside but took the profit. Will re enter on the dips
entered GUSH @9.27.
Still have some 10.25 drip. Waiting for one more spike
exited 10.77, waiting for dip to re-enter. think might be risky for gush now, think drip might touch 11
I got out GUSH with a small gain ($0.22). Happy Trading.
Todays a gush day everybody
Getting drip at a hopeful 9.70 0r less today, oil still has further to drop in my opinion. 57.00 give or take a little. good trading everyone
exited 10.88, waiting for oil report to decide where to go next
Iron, let me know when you're switching to GUSH. thanks.
i have been really unlucky with my trades these two weeks man. just follow with caution or maybe do the opposite of what i am doing
should be soon anw. this thing is trading significantly above its moving average for quite a few days so we might expect to see a correction soon.
I has no clue how to trade drip & GUSH, but I was so lucky. I will take profit today and wait for next position.
stuck at 10.72. hopefully it recovers back after oil reports.
Ok. Lets do basic DRIP math. Use a down move in DJIA of 1.72% and a down move in WTI of 2.1%. Multiply the two. Subtract 1 and then multiply by 3 to get the approx move in DRIP.((((1.021 × 1.017 ) -1) × 3) + 1) × $10.30 = 11.46 open for DRIP
so if WTI and DJIA both go down, then Drip will go up?
$10.30 on Friday's close
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