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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: GROUND ZERO™ who wrote (73116)7/13/2015 3:38:11 PM
From: rdkflorida2  Read Replies (2) of 221947
 
My K.I.S.S. system always says a trend in place tends to stay in place. I see nothing that will change that with NUGT. It's been posted several times, gold goes UP and NUGT goes down, gold goes down and NUGT goes down. I doubt there is a handful of miners world wide making any money. Commodities in general are down. Iron ore made a little move up but I doubt it holds. Crude continues to drop. A poster mentioned a double bottom and I would say good for a quick trade but no more. IMHO, the PPS may not stop at the $5s. GLTA the nimble traders that can time the bounces. I'll wait until there is a sign/event that indicates a reversal. RDK.
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