if GDX go to 27 DUST will hit easy $1 or maybe highs $0.90.....and that will be extremely awful....today price action was like an OTC Pump and Dump scenario, buying even when gold was reversing....GOLD ran along with dollar rising, and with low volume, i don't have level 2 but i think that was pure institutional manipulation.....Apple is oversold because the huge market overreaction, come on, is Apple of course should be back to where they belong....SKLN i was watching since they was falling around $1-$2 area and was oversold too, they has made 3 pump since they touch around the 16-17 cents with an easy 50-60% profit.....i never bought it, just observing and i miss the run.....i think there is no way to read miners and gold anymore, you was expecting bad earning on miners and immediately correction but that never happen.....i like Bollinger Band and GDX has been almost 70 days above the middle of the BB....looks unreal.....and the decay is killing DUST, for example to reach my average price at $2.47 or $24.70 after R/S, i think that GDX need to correct to $19-$20 area....is crazy....the other thing is that i check the entire GDX chart and even when the huge uptrend they started on october 28, 2008 there was always correction levels around 50% - 76% area and with few days after highs and correction lows.....i think this is extremely stupid....Four months without correction doesn't make sense.....i did't started with the right foot on trading business but the best thing is that i learned a lot.....the bad thing is that i lose money, but it is what it is....until it isn't...have a nice night...
