Direxion Daily Gold Miners Bull 2X (NUGT)

[Nightridertwou]

Exactly and today when NUGT stayed at resistence for over 2hrs and couldn't break it I decided to take the money and run. The gold market is not running like it has in the past in that it is being manipulated by Obama and company. Only reason it ran today was the employment numbers were not as high as anticipated that was basically old news and the talk about the continuing of no taper till sometime next year which in my estimation is bs. Problem is with the govt shut down the numbers about the economy will not really be in line untill maybe some time next month so the information coming out can't be trusted. NUGT can fall just as fast as it can rise and with it tanked just a few days ago and come back I was glad I made it out with a profit. Instead of it coming from 37.83 to todays high of 55.14 it should of run from the 50 range to the mid 60's but thanks to the bs that happened back on Oct 11 we were thrown a curve ball that nobody ever expected. If it falls back I may pick more up but I had to get out of that high position. If DUST gets down in the 20 range I might play that pony it really depends on what they going to do with the price of gold. This yo-yo crap is to uncertain for large amounts of cash laying on the line. GLTY and remember don't be greedy.