Direxion Daily Gold Miners Bull 2X (NUGT)

[Nightridertwou]

NOT TRUE ABOUT THE DECAY. BASICALLY WE ARE SITTING ON THE DOUBLE BOTTOM RANGE OF 45. BACK IN JUNE IT WAS AT 45.50. NUGT HIT 106.08 ON AUG 27. WHEN GOLD WAS IN THE 1440 RANGE. I'M NOT SAYING IT WILL HIT 100 BUT IT IS POSSIBLE. IN ORDER FOR IT TO HAPPEN GOLD HAS TO GET OFF THE 1300 RANGE AND RUN BACK UP OVER 1400+. MY GUESS IS WHEN THEY RAISE THE DEBT CEILING, WHICH YOU KNOW THEY WILL, THERE WILL BE A GOOD CHANCE FOR NUGT TO BOUNCE UP. MY GUESS IS THE 70 RANGE.