The TradingEdge

[Mike_Mac]

re: DZZ... Nice look to it still. The reason I'm looking to go long gold soon, is that the liquidity squeeze forcing folks to dump precious metals and the like is likely coming to a close. And, often Friday's (for a variety of reasons) can be the final blow out day . So I really haven't looked much at gold and can't even remember the long ultra etfs and the like. But I'm going to start taking a look at the chart and longer term support to see where we might get a turn (and that may match or slightly anticipate the Bradley turn date (often gold turns first prior to the market making an aggressive move up). Not always. So thats some of my thinking there. Mike