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Direxion Daily Gold Miners Bear 3X ETF Message Board

  • greatbuttnohair greatbuttnohair Oct 24, 2012 5:28 PM Flag

    Awesome Run and Congrats to those who held...but here's what's coming..

    Super run up no doubt, also lucky enought to bet on FB at 18.65 and I will never sell under 50. Basically Gold sub 1700 is critical but to break the 1660 level will be very difficult to do, in my opinion. I will be buying and going long on NUGT very soon, hope to get shares under 14....there are two reasons for this......1) Another Bailout in Europe of some kind will push gold higher to end of year and 2) the Bull channel for gold is still intect and ready to explode. Most importantly NUGT just completed a Goldon Cross and upside should be explosive once it takes off thru 15.00.....;......I finally have my thumb on the gold bugs, just have to watch what dollar does.

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17.68+1.45(+8.93%)May 27 4:00 PMEDT