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Direxion Daily Gold Miners Bull 3X ETF Message Board

  • basicknowledge Apr 5, 2012 11:50 AM Flag


    Selling this out like there is NO end.

    Wish I was short on this POS

    Who is manipulating this????

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    • IMO this is an indication that the overall stock market is topped and poised to sell off
      the risk on trade is being removed because of the fed jawboning on Tuesday where they did not talks about QE3.
      This QE3 is actually used by the crooked wall st banks to prop the markets so they are starting to liquidate stocks slowly and they always hit the miners first.
      Now my opinion is that the fed was just trying to talk commodity prices down so they can say there is negative inflaiton next month coinciding with weak economic data enabling them to once again put QE3 on the table in as little as 30 60 days.
      So there you have it an averaging down of nugt could end up bouncing BIG and i mean BIG in 60 days of course it may go lower from here first...
      THERE IS NO WAY QE 3 is not happening this is just what they have to do to enable them to do it and they kill 2 birds with 1 stone that ias clobber gold and bring down prices all so they can give trillions to wall st banksters to enable them to live the lavish lifestyles to which they are accustomed lol.

52.66+9.26(+21.34%)Feb 11 4:00 PMEST