What data is today?

Man I hate gold bugs

Like Gwen Stefani bananas??

Yeah but that begs the question of long term vs short term interests....which is self evident on these boards

Would you elaborate? How is buying GDX (or these ETN's on the 2 boards here) NOT buying the miners? You seem to differentiate the two. Just curious.

It sounds like it's been a very emotional day here in reading the posts. So don't read my question as sarcasm

Bounce

Job report on Friday

Gotcha. I would love to see it as well but this effing 50 dma is proving a real bit$h right now

How do arrive @ the 10% figure?

Haha...no joke bro. Thought we'd get a relief bump. Thought wrong. Go dust I guess!!

Hong Kong bringing it up. We'll see a bounce tomorrow. Sweet dust run. Time for a nice nugt pull back. Don't see long term potential here but short term should be nice.

Good luck all.

Dmcc, where are you? We miss you!

Not terribly odd. Just about filled the gap and bounced strongly of 50 day. Nugt showing some strength today after three brutal days. Could be starting new leg up.

Took a starter in nugt today.

Strong move here today. Want to see how she closes.

I might take a dip in the nugt for a little refresher. You boys be good.

I sold half. Letting the other half go till 14.50 gap fills then reassess. No emotion.

That is changing now

Agree. I'm interested in nugt only when 14.50 GDX gap fills though

Look at dust. Could say the same thing....but a lot easier. $11.30 has proven solid bottom.

Momentum does not favor gold and 85% of this board knows it.

Good luck dmcc. Your spirit is unrivaled.

That's all I watch. Gap at 14.50. Watch out for making universal claims about traders

GDX gap @ 14.50

"Pan out". Nice one for a gold related board

All in. Premarket at 11.60. This will be golden. Just a matter of how long it will take

Jesus! For a first post here you pretty much nailed it! Keep the posts coming and welcome to the discussion!

*should*

Gold going nowhere long term. This ECB meeting today is meaningless. Gold bugs need to face facts and stop holding out for the apocalypse of a market fall. Rates will raise soon enough and the domestic progress is on sure footing. Stop watching CNBC! Look at the dust chart and a "realistic" path of gold. Dust is where to be and when Janet Yoda finally utters that magical word of "lifting" then it will be a coffin nail to gold for at least six months.

DUST will go up

Nugt to $60??
ECB will continue QE. Fed won't do squat. Equities will fall.

Agreed on your points

Who knows. I've been a gold bear for a while, but shoot, look at all that buying on GDX today! Don't fight the flow of money bro! Heck, even I'm hopping on the nugt train!! Choo choo!!

Someone hit the lights, please

GDX doesn't hit 16.15 and this thing is toast next week. IMO

That's a $hit ton of profit taking

Could also be GDX double topped and needs to retrace IF it has a chance to go up again

If this stock was so strong it would be trading today! Lame.

It's a penny stock. There are no "fundies"

Rsi didn't reset though

Nicely done. Still holding 300k. Just trying to keep you kids in check!

Last one here, turn off the lights

Monday is going to huuuuuurt

That was a hard crash at the end. Ruh roh

Well played

No, I hear and it's all good. The rah-rah on this board has become pretty intense lately though