Turned the profits into more JNUG and plan on holding if have too until Friday. Euro over 109 and Duller below 99, something has to give shortly in Financial Fantasy land. ??? Course there is that old saying, ” The market can stay irrational longer than you can stay solvent.” – John Maynard Keynes
Note: GDX/GDXJ are acting more normal today. Perhaps the 3x ratio with JDST/JNUG has been reinstated. ?? See if it lasts…?
Now, in clear violation of Floridagold’s lesson on the 10/20 cross and DISCIPLINE , I feel tempted to do a little bottom fishing with a few miners. I either feel a bounce coming, or a swift kick in the pants. Lets see if I get a bite or two with a couple stink bids.