Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 61.55

-3.4%

Jan 23 4:00 PM EST

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JMTrader

To: Turtles_win who wrote (127725)	6/22/2019 4:53:12 PM
From: jimpuntagorda	2 Recommendations of 208068

The big money is made by taking a position and hanging on thru hell or high water. Easy to say, but almost impossible to do. It's still very early in the 3rd and next great gold bull market, with many ways to profit. The GDX RSI is 84.16. For GDXJ it's 78.74, and for GLD it's 83.86. We may slightly correct or go sideways for a few days or a week, but not for long, if we do at all. This market may have years to run and it's very early in the break out. Any entry here, no matter how badly timed it initially seems, will be profitable. I'm thinking gold at 1500++ before the end of the year.

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