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Non-Tech : The Woodshed

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benwood

To: gold$10k who wrote (54622)	10/4/2016 3:06:38 PM
From: Claude Cormier	2 Recommendations of 60901

Well I am not trading gold on the short side. I am long to stay in this new bull. On the other hand the gold stocks ETF and indexes are a lot more leveraged and volatile (GDX, GDXJ and others have shown strong gaps in early June.) So, when I have the time to watch, I will trade JDST and the likes. JDST up 32% today, 77% in the last 10 trading days. Gold and gold stocks are not always in sync, but very often they are. They were in early June. Its been 4 months, the cycle is ending. Time for a other cyclical low in the days/weeks ahead. Could be delayed to November. As for the specific gold stocks, I will either be long or out. Never short. Don't have enough time to watch them daily.

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