Posted by hamvestor on 8th of Sep 2011 at 11:48 am
Matt, nice call. GDX pulled back a bit shortly after you posted
that. I'm holding a large position in NUGT, and while I'm doing a
little trading around the short-term moves, I'm determined to hold
onto a larger core position, as I think the mining stocks have a
ways to run over the next few months at least. The break-out from
the nearly year-long consolidation, if it holds over the next few
days, should be a prelude to a very strong move up. We'll see.
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Matt, nice call. GDX pulled
GDX comments
Posted by hamvestor on 8th of Sep 2011 at 11:48 am
Matt, nice call. GDX pulled back a bit shortly after you posted that. I'm holding a large position in NUGT, and while I'm doing a little trading around the short-term moves, I'm determined to hold onto a larger core position, as I think the mining stocks have a ways to run over the next few months at least. The break-out from the nearly year-long consolidation, if it holds over the next few days, should be a prelude to a very strong move up. We'll see.