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Market Vectors ETF Trust - Market Vectors Junior Gold Miners ETF Message Board

  • bayou04 bayou04 Jan 16, 2013 12:24 PM Flag

    Option writers will keep this

    junky ETF underwater through Friday close. Gold ready for a (small) correction since it has risen close to 50 dollars off the low. That correction will commence on Monday bringing GDXJ and the other gold stocks way down off their highs. The real nightmare comes for you longs when gold peaks its head above 1700 dollars. Bloodbath for the goldies. Just wait till the fall guys and pick this thing up for 12 or perhaps less.

    Sentiment: Strong Sell

24.15+0.01(+0.04%)Jun 30 4:00 PMEDT