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As a contributor to the New Low Observer (http://www.newlowobserver.com/about-this-site), we intend to give new insights on a low risk approach to trading in dividend paying stocks for tax deferred accounts. The New Low Observer (http://www.newlowobserver.com/about-this-site) is not intended for... More
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  • Gains Secured With Gold Stock Indicator 0 comments
    Mar 7, 2012 10:00 PM | about stocks: DUST

    On February 8, 2012 (article here), we posted an article about our gold stock indicator which had already given an indication to acquire the Direxion Daily Gold Miners Bear (NYSEARCA:DUST) ETF. From February 8, 2012 to February 15, 2012, DUST gained +10.73%.

    Then, on February 24th and February 28th, our gold stock indicator signal to buy DUST at $29.57 and $28.21, respectively. The gains from the 24th have been +21.17% while the 28th has been +27.01%.

    Although our gold stock indicator is relatively new, we have decided to include updates on our website whenever a new buy indication occurs for either DUST or Direxion Daily Gold Miners Bull (NYSEARCA:NUGT) ETF.

    Those who are remotely interested in either DUST or NUGT must assume considerable volatility with daily swings of (+ or -) 15% and/or a total loss of capital BEFORE entering into any transactions.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: DUST
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