Replies to post #9355 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[Watch dog]

And when did u expect this move to the upside?

[kid biscuit]

Well, I read a report tracking rotation among several hedge funds at the end of January that listed JNUG holdings being flipped into JDST. There was a heavy duty standoff at 12.5 - 13. for half a month back and forth between the two if you remember, everything tilted in a bad way for JNUG immediately after. Gold basically has gone up 100 bucks now and we have picked up a buck and small change since, meanwhile JDST has consistently stayed at their buy-in point no matter how high gold goes. 2 weeks ago I could not see JNUG even reaching 8. by 1300 gold. So far that will be exactly the way its turning out.

[Ownwallstreet]

(Clapping) Great post.