InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
61,423.51
(
0.87%
)
Post# of 648611
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

AugustaFriends

Send PM Follow Ignore
Followers 1693
Posts 205375
Boards Moderated 11
Alias Born 01/02/2008

AugustaFriends

Re: AugustaFriends post# 293906

Sunday, 01/19/2014 10:00:27 AM

Sunday, January 19, 2014 10:00:27 AM

Post# of 648611
GDXJ Junior Mining Stocks Have Bottomed

declined 81% from its April 2011 peak to its December 2013 bottom. As we noted several weeks ago (http://www.gold-eagle.com/article/gold-and-silver-stocks-lead-metals-higher ), GDXJ tried to penetrate its December low three times and failed. The market has since rallied back above the previous (June) low. Given the severity of the bear in terms of price and time, extreme negative sentiment and recent bullish price action I believe it is highly likely that the bottom is in.

January Effect 2013 Plays - follow them here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82508852


"This is not an endorsement to buy or sell securities. Investing in securities carries with it very high risks. My posts /

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up