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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.67

+5.0%

Nov 10 4:00 PM EST

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To: John Pitera who wrote (104169)	1/13/2017 12:58:50 PM
From: Rarebird	Read Replies (1) of 116753

John, this is excellent, insightful work. I sold NUGT because I saw how it began to retreat when it failed to surpass its 1/5 high. I took that as an ominous sign moving forward short term, over the next week, in light of the fact that I expect a bullish options expiration week for equities. NUGT is holding up better today (so far) than I thought it would. But I wouldn't be surprised to see the Miners consolidate their gains and come under some selling pressure next week before the rally resumes on 1/23.

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