Direxion Daily Gold Miners Be (DUST)

[SgtJBone]

The best advise I could give you is to look at the charts for NUGT and DUST leading up to the last meeting Sept 16 and 17th and the gold chart for that time frame. Maybe it could help you with your prediction. I was predicting a drop yesterday for a good spot to get into NUGT and now I'm waiting for the running of the bulls for the Fed meeting. I wouldn't look for any rate hike until next year. Two Fed members have already came out in favor of rate hikes but not until at least Jan and only if current conditions hold or improve. The wild card is will the bulls show up since these two have already said what they will do. There's not going to be as much speculation as last time is my guess but I still see a move up, but that's just my guess like I said. People aren't as nervous as last month. Last month it was a 50/50 chance of a rate hike prediction with the experts. Good luck