Replies to post #4883 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[Marketwise]

Are you kidding me? $15 to $6 in 9 trading days this month. It feels like about ten 1/4 point increases have now been "baked in"...lol. BTW, gold often, not always but often manages to trade upward through tightening cycles and one as anemic as this one should not pose any real problem or headwind for the metal especially if we are indeed in a new secular bull or even just coming into the second up leg of a cyclical bull, IMO.

[trunkmonk]

really? what you thinkin, from 1330, which is about 1k below where it should be, down to 1205 was just a mirage.