~*~Mining and Metals Du Jour~*~

[123tom]

the underlying instruments...oh ok...

ok, I think I was studying it like that . but didnt keep with it..but so you mean, I study the GDXJ, lets say...and as I see a set up and target entry, etc...I look at the JNUG...and I would try to buy and then sell after the 2 or 3 day rally...like this... ?

http://content.screencast.com/users/tabtom123/folders/Jing/media/13eebfc3-29c5-4774-8cd6-905f3a466d6a/2015-01-14_1408.png

now what did JNUG do....same thing...

http://stockcharts.com/c-sc/sc?s=JNUG&p=D&yr=0&mn=3&dy=0&i=p12786032316&r=1421273395422

but it would be risky and tricky to stay in it at the recent top.... ?? that went into the resistance cloud zone...?? that could have been a danger to gamble at the top, it would have meant watching another 4 or 5 days to play out....would you ply it that long? 7 or 8 days....or get in , stay 2 or 3 days, get out.