Replies to post #8893 on Direxion Daily Gold Miners Be (DUST)

[littlejohn]

Gold miner index wouldn't know hawkish if

it flew down and bit em now...

http://finance.yahoo.com/news/feds-bullard-says-global-headwinds-155522581.html

Traders currently see the Fed next raising rates in December, according to an analysis of fed fund futures by the CME Group.

Bullard told reporters before the speech that for the time being there is "obviously a pretty big gap" between the markets’ prediction for future rate rises and the Fed’s own and it was difficult to conclude who is more accurate.

But they only have a bullet...LJ

[littlejohn]

Swoosh...only time will tell...

good article link...got to read the

lowly details of how over valued some

junior miners in the GDXJ are...Near

the end of article...

http://seekingalpha.com/article/3971346-gold-miners-heading-south

That site shouldn't put a pop up

on articles if they want more readers...

Have pull back to $28 or less on GDXJ

by next Friday as a long shot...

But other than hedge funds deciding to

sell and go on vacation its hard to

guess why for a sharp correction...

Time will tell...LJ