Direxion Daily Gold Miners Be (DUST)

[Sgreg]

I didn't realize until last night how big of a pumping campaign is on-going for miners. I do favor that GDX will break and hold $33 in coming days.

Once I figured out how big the pump and dump that is on-going in miners is when I realized I might want to take more caution here while I was ahead.

I think it is more probable that they pump GDX up to $27. From that point the dumping in miners will be epic and DUST and JDST will soar.

I'd give it a 70% chance they pump GDX until $27 before doing their massive dumping. I'd only give it a 30% chance that $23 is the dumping zone. This pump and dump they are running in miners right now is one of the best I have seen.