I don't know that its a great time to short GDX as a
discretionary trade, but if you want to start using the GDX system,
of course this would be an advantageous time to start, because
you'll be 2-1/2% ahead of the system when you stsrt. Means
you can start with a 5-1/2% stop instead of a 8% stop.
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I don't know that its
GDX system
Posted by Michael on 22nd of Nov 2010 at 01:30 pm
I don't know that its a great time to short GDX as a discretionary trade, but if you want to start using the GDX system, of course this would be an advantageous time to start, because you'll be 2-1/2% ahead of the system when you stsrt. Means you can start with a 5-1/2% stop instead of a 8% stop.