Here's my rationale, I still like GDXJ for further gains, the position is at a 35% gain, but I feel a pullback could come in to play, even a 1 day pullback could do some damage and I would rather re-enter the trade with a longer expiration.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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