Replies to post #2061 on Direxion Daily Gold Miners Be (DUST)

[mannken]

I can understand that

Have had plenty of those missed opportunities in the past. On the other hand, it's never too late for a trade, just depends on what side of the trade your on. D

I'm not going all in unless Dust breaks 18 for the longer term trade position. I'm not in for the swings, GLD is just too hard to predict short term IMO.

Tomorrow will be interesting, I think if Dust opens higher or trades towards 17.50-18, then, yes off to the races on the long call as the big W pattern will have formed for long term breakout, and would be hats off to all those that got near the bottom two weeks ago.

If I miss by 3 1/2 points, I can live with it because I haven't lost a dusty nickel sticking to my trade plan for now.

If Dust turns back tomorrow to mid-lower 16's, then I'm on the sidelines until further technical signals.