Replies to post #10915 on Direxion Daily Gold Miners Bull 2X (NUGT)

[mannken]

Yup, same here

I'm glad Nuggy closed at the LOD today on highest vol 9.5m shares

Either the ramp down today is going to snap back Monday to today's opening price as a hard bottom short term, or we will blast down well into the teens, today's candle is not a trending one.

At this point, chart technicals are off the table for me for the time being, as all my signals eventually failed for a decent bounce.

It's more of the Buffet theory now, buy wayyyyyy down here, sit on it until everyone comes flocking back after all the emotions drain out of the market.