Replies to post #3669 on Direxion Daily Gold Miners Be (DUST)

[Mrxstocks]

Could gold break below 1080 stay tuned

[SgtJBone]

I was watching it closely yesterday and seen the big gap and the RSI was above 70 indicating the GDX was overbought. So I went off the information I seen yesterday and bought in. I'm going to keep an eye on it. Right now I don't have that warm and fuzzy feeling about NUGT, because now it could turn on a dime and bite me if I get into it at this level. I'm going to hang back and watch while I spend some time with my wife & kids. I may have got out at the wrong time, but I'm use more caution now than I use to, I get out after a 2% loss now and it has been doing me good in these 3X ETF's, I've been able to make more money than loosing sticking to that rule. Good luck bro.

[TheSittingtight1]

Nice close above that 19.36.. charts are looking good, dollar strong as bull and shorts covered. Feds to raise rates in Dec. spot trading higher than futures.... A perfect storm ahead. IMO We shall see.. LOl Have a great week end all..

ST