• sean.parmelee
    Miners rallying strongly into the close despite last week's 20% gain. Anyone still doubting the bottom is in? GDX GDXJ NUGT DUST
    6/4/12
    Reply (6)
    • bigazul: agreed, although they'll probably be all over the map this summer.
      6/4/12
    • sean.parmelee: That's the big question--what happens if equities go for the three-peat?
      6/4/12
    • sean.parmelee: In 2010 and 2011, GDX was totally unscathed, as it tends to do well when gold and equities are negatively correlated.
      6/4/12
    • whidbey: DUST???
      6/4/12
    • bigazul: some people put in a bunch of tickers (bull or bear) just to grab a larger audience with their tweet.
      6/4/12
    • sean.parmelee: If your broker allows it, shorting DUST can be a better play than going long NUGT due to ETN decay. So DUST is, in a backwards way, long.
      6/4/12
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