Direxion Daily Gold Miners Bull 2X (NUGT)

[silvergun]

Yep. gold went from 1200 to 1283 yet nugt went from 4.60 to 4.90 Doesn't seem to correlate w price of gold and especially not 3x. Nugt seems to be most up premarket going to 5.30s earlier this week but then falling back to 4.98s when market opens. Today I see 5.51 premarket. Lets hope it holds. I'm in from 4.80s. Nugt was $190 in 2011 and $90 in 2012. We can def see $10 to $30+ here if gold goes back to 1500 or higher. But from what I've seen this week it make sense to day trade nugt Bc of the volatility.