In this morning's pre-market I sold my entire position in Direxion Gold Miners Bull 2X (NUGT) for $33.62. I am determined to be very wary of holding positions too long, as that style of trading have never been particularily my strong suit. So, it's back to my more comfortable 'hit and run' trading - and so far, so good.
My TSI trading record has been updated.
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I am out of NUGT too. Thanks for the great charts you posted on Sunday. I am learning a great deal from your work here!
ReplyDeleteThanks!
-Aaron
John,
ReplyDeleteI'm thinking about getting back into gold, TSI (daily) looks close to a trend line break?
Any thoughts?
Thanks
Harry
Aaron - thank you
ReplyDeleteHarry - I'm watching it all the time my friend. Nothing much to report. Keep your eye on the TSI (7,4) 4 hour chart of /GC.
good call on getting out.
ReplyDeleterick rule putting cash to work in bullion and juniors.
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