The prior three days, the volume was low, but today the volume was huge. I'm not sure if traders are taking profit to cover margin calls on other trades coupled with a combination of weak hands and shorts but i am very nervous with the miners. Any thoughts???
5 yrs? There are quite a few stocks that are lower now than they were 10-12 years ago. So that 5 yr time frame is actually shorter term. try 20-30 yrs. As far GDX, if you would have bought GDX 5 yrs ago, you would be well under water as it was trading at $54 in DEC 2007. So your 5 yr timeframe is a killer of capital appreciation.