Direxion Daily Gold Miners Be (DUST)

[Sgreg]

Yes, doesn't make much sense. Doesn't matter though. I still believe overbought will get sold and oversold will get bought. Bought JDST today at 9.75 because gold is overbought. Bought DGAZ again for another trade on it at 9.30. Nat gas is way overbought and has been for weeks. Nat gas fundamentals aren't that great either but mainly I bought DGAZ again because nat gas needs a pullback.

Last week in the middle of the week I knew oil was overbought and I entered DWTI and I knew the market was overbought and I bought UVXY. If manipulators want to hand out money then take it. Things always swing back the other way eventually.