Posted by billnew52 on 10th of Jul 2014 at 09:16 am
At some point, with JDST down 15% yesterday and down nearly 10%
in PM, there will be a significant snap-back on percentage basis
(maybe close to 9 day EMA. Any negative divergence in GDXJ
should alert those long for taking on hedge position or short-term
trade for the young-at-heart.
JDST snap-back trade
Posted by billnew52 on 10th of Jul 2014 at 09:16 am
At some point, with JDST down 15% yesterday and down nearly 10% in PM, there will be a significant snap-back on percentage basis (maybe close to 9 day EMA. Any negative divergence in GDXJ should alert those long for taking on hedge position or short-term trade for the young-at-heart.
Thanks for the heads up
Posted by disciple33 on 12th of Jul 2014 at 11:37 am
That trade worked out soon after you posted. Thanks!
Bill nice snap back on
Posted by steve on 10th of Jul 2014 at 03:13 pm
Bill nice snap back on JDST ...great comments this morning. Well done.
anyone know why gdxj is off 1% but jdst is off 5%????
Posted by shopper on 10th of Jul 2014 at 01:16 pm