support is 17.81 by the charts if she goes below that and holds then you could see under 17 to around 16.90 which is the bottom of the downward trend line in the next weeks . then it could be a buy for bounce back to the top of the downward trend line
Looks like they are going to take her down another 20%. Anyway I am finished with my buying. Up to half my networth now. Rest is in realty and some cash. Going to ride it out whatever happens. &^%# Wall Street can pump their dump without me.
GDXJ is off 60% from 2011 high. GLD only off 12%. Now , I can put half my net worth into GDXJ , she go down another 20%, YES this could happen, I can still live a comfortable life till my expiration. I don't have to worry about stock market shenanigans , wars, crises....And I earn a decent dividend.
The upside... I expect a 100% gain when another #$%$ something happen.