re GDXJ
Hope yr right…but 1st it must overcome the Scum……watching the closes last few days and tdy was an especially good example, one can see the closes being pushed down every day….It is as if desperate shorts are trying to paint the close, so they don’t get margined out.
But as we know the shorts couldn’t give a damn as they don’t get margin calls, or SEC inspections….that said the long AU/ short stox spreaders are now more than 20 % wrong. from the recent Hi/Lo on that trade…their puke point has to be close and then we should have some real fun…….as they sure as shit ain’t getting any of my stox!!!!!!!