Monday, June 24, 2013

Equity Long in GDX / NUGT (Gold Miners)


For an equity position, I still want some leverage so I chose NUGT which is 3x long GDX. I think this may have a better chance for a longer trend, thus I don't think I need the same amount of leverage.

 NUGT 2 min

NUGT 5 min

15 min

And even positive 30 min, thus the possibility of a longer trend looks better here.

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