Proshares has stated they have one sitting with the SEC.
I have asked them many times for a inverse GDX and two
time long GDX which they tell me they are working on.
this has been covered multiple times on the blog, use one of the
inverse Mutual funds for precious metal stocks. No DGZ is
ultra short gold, it's not gold stocks, you can't use that.
SPPIX is the inverse precious metals fund, that'st he one to
use
PMPIX is the 1.5X Long Fund
However realize that intra day stops do not work with these,
since they are end of day
Also there is no inverse ETF for GDX at this time, US version
that is. I think there is on on the Canadian exchange.
However I didn't make this system for 401K's or IRA's, It's a
general trading system. If you can't do it in your 401K or
IRA, then do it in your normal trading account. However I
know that some members here use the Profunds Mutual funds with
success
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GDX System Short question???
GDX swing trade system
Posted by frogie on 6th of Dec 2010 at 11:08 am
Proshares has stated they have
Posted by mp11 on 6th of Dec 2010 at 11:30 am
Proshares has stated they have one sitting with the SEC. I have asked them many times for a inverse GDX and two time long GDX which they tell me they are working on.
The more that call Proshares the better.
this has been covered multiple
Posted by matt on 6th of Dec 2010 at 11:19 am
this has been covered multiple times on the blog, use one of the inverse Mutual funds for precious metal stocks. No DGZ is ultra short gold, it's not gold stocks, you can't use that.
SPPIX is the inverse precious metals fund, that'st he one to use
PMPIX is the 1.5X Long Fund
However realize that intra day stops do not work with these, since they are end of day
Also there is no inverse ETF for GDX at this time, US version that is. I think there is on on the Canadian exchange. However I didn't make this system for 401K's or IRA's, It's a general trading system. If you can't do it in your 401K or IRA, then do it in your normal trading account. However I know that some members here use the Profunds Mutual funds with success