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Non-Tech : The Woodshed

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dara
To: stuffbug who wrote (54632)10/5/2016 12:30:35 PM
From: stuffbug1 Recommendation  Read Replies (2) of 60899
 
My thesis that value managers are buying appears to be well supported.

GDX number of outstanding units increased by almost 15 million yesterday.

Based on the closing price, VanEck, the ETF manager received funds totaling $350 million.

Gold stocks are moving from weak hands to strong hands.
The next rally should be a real doozy because the value managers aren't interested in flipping for a profit of a few percentage points.
Until then, nimble DUST daytraders will score big at the leveraged bets table.
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