Wednesday, January 11, 2012
Sold DUST @ $35.99
I was pleasantly surprised to see my position in Direxion's Gold Miner Bear 3X ETF (DUST) rising in the pre-market and after the opening bell. But I had to make the responsible decision to not try and serve two masters - my trade and my class. So I sold.... @ $35.99 ..... and got on with teaching my students.
My TSI Trading Record has been updated.
A more current look at DUST on this 4 Hour Chart (below) shows some strong BUY signals in place. Not shown is a chart of the S&P 500 which looks like it is holding up by a prayer - or so says the TSI. Should the stock market begin its daily cycle ending correction soon I imagine DUST could do well, and I may re buy it at some point.