Direxion Daily Gold Miners Bull 2X (NUGT)

[food4thought]

This is how I sees it:

Early surge buying maybe drives price to mid $8 range.

Second wave sell off pushing the day low to near or below $7 range.

Buying opportunity late day.

Next leg up starts tomorrow.

But what do I know, I don't buy into technicals. I doubled my bet on this dog on Friday and took a thumping yesterday. I play off of hunches and general mood of the room so to speak with a usual bet against the majority.

"Let it ride" mentality with Richard Dreyfus.