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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: TigerPaw who wrote (121069)10/12/2018 8:18:05 AM
From: Turtles_win  Respond to of 207844
 
Large move in gold yesterday. Overnight, it was giving back a modest amount of that advance. This morning, it is starting to recover the modest hit. If gold and gold stocks end up with a gain today, going up with the overall stock market, it would seem a trend change may have occurred for gold, gold stocks. I've been jerking in and out of gold stocks, trying to be in position when a real leg up starts but trying to avoid a possible remaining large leg down. I am long now, in GDXJ. We'll see if I stay with that. If gold has a gain today, odds are better that a nice leg up has started, rather than a sucker's rally yesterday, followed by complete giveback.