Replies to post #2098 on Direxion Daily Gold Miners Be (DUST)

[mannken]

Never learned the craps game

But think I can extract your reference point :D

Easy to post a market call midday when the market is tilting to one extreme or the other. The place your bets post was only for a little fun, have no idea what the next few days will bring.

But I'm still on the sidelines waiting for a longer term entry decision on Dust, and still believe that Gold has a technical bounce back to 1315-20 area before reversing course longer term.

If it does bounce the next few days, then I will start incremental long positions in Dust. If not, re-analysis of technical's, as I don't want to take positions in an ongoing sideways trade and let my money decay, primarily since I do not swing trade Nugt or Dust.