Friday, December 05, 2014 9:04:45 AM
JNUG/JDST twins tends to max out daily swings at around 30%,
JNUG could drop to $2.40 (give or take a .20 cents or so) in the worst case.
But despite all the factors going against gold, it's been proven to be
resilient in the past 6 weeks as if it wants to find ways to bounce
back to the $1200 with or without any major changes in conditions.
It's little bit long shot, but if JNUG dips below $2.50,
I may go in big.
For now, I have buy triggers at 3.01, 2.71, and at 2.41,
all with .05 cent stop limit. 3.01 was the low in pre-market,
but my order didn't get filled...as of now.
Also, I am looking to pick up some JDST put optiosn if it spikes
above 20...perhaps around 21 to 22 area...we shall see.
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