GDX

    Posted by nichi on 30th of Sep 2010 at 11:08 am

    Matt,

    With GDX in Red, and yesterday $BPGDM and MA8 kissing each other will it give a signal for shorting GDX at close today ?

    IDK we'll see.  Remember bullish

    Posted by matt on 30th of Sep 2010 at 11:11 am

    IDK we'll see.  Remember bullish percent charts do not move easily, if it goes below I'll let everyone know.

    also remember that the GDX did exceed the 10% profit target 1 and has been in the trade for 38 trading days which is longer than normal.  Some members took profits when the GDX system hit the 10% profit market, you can either choose to take 1/2 profits or all or you can just wait for the next signal, it's your choice. 

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