Direxion Daily Gold Miners Bull 2X (NUGT)

[Surfint]

Are you of the camp that GDX could test June lows and that could bring NUGT down another 10-15% ... Seems like a possibility.

Do you have a prediction for the day the govt settles? E.g. Equities bounce (but that doesn't necessarily include GDX/NUGT).

Open interest on NUGT call options points to a climb in NUGT toward 80 in Dec ( this may mot be exact....could have changed since I last looked at it).

Do you see open interest ( where it's the greatest ) as somewhat reliable as an indicator? And/or "Commitment of Traders" ( a prior poster posted a link to it for gold).