Direxion Daily Gold Miners Bull 2X (NUGT)

[dude iligence]

ppope if you weren't paying attention a few of weeks ago when some of us bought NUGT at the bottom here is a clue, tip, advice on when the bottom was in.

dude iligence Member Profile dude iligence

Wednesday, June 26, 2013 1:42:20 AM
Re: None
Post # of 2049
When the miners stop going down in price despite Gold going down in price, the bottom will be near. That is the point to average down NUGT or go long if not and or sell DUST. A few miners didn't go down today but went up

GOLD
GSS
HMY
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http://stockcharts.com/h-sc/ui?s=NUGT&p=D&yr=0&mn=1&dy=0&id=p23160903142

Note the bottom on the chart 26 June. I started buying on 25th of June and continued on the 26. That was the first time, I bought last Thursday and Friday for this weeks breakout. This will be the 3rd flip on NUGT since 25th June.

Why would anyone have been in NUGT for the last 12 months? DUST was the play since last Sept up until last month.