DUST

I emailed with a few members in the GDX/NUGT short / DUST long position this morning and with DUST opening at a gap down of over 8%, I said I wouldn't be selling on emotion, only data and the data didn't support the same so it was held. Now DUST is at a nearly 5.5% gain after taking back the entire gap and still has a great signal, I still like it as an equity long, although not so much as an option (call) right now.

Today's gap down was an emotional event, I always try not to make longer term decisions based on short term emotions.