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Market Vectors Gold Miners ETF Message Board

  • vanheus44 vanheus44 Jun 26, 2013 1:09 PM Flag

    Bulls make money, bear make money, pigs get Slaughtered

    I won't predict where GDX is trading in six months, but it is due for a significant short-term squeeze. It went down too hard, to fast. Expect a nice bounce to $25. I'm a trader, went short made a great deal, but way too risky now on the short-side. I expect a nice bounce in next two weeks, possibly as early as today. I covered my short, and bought a small long position here.

    Sentiment: Strong Buy

 
GDX
21.74-0.680(-3.03%)Jan 23 4:00 PMEST

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