Wednesday, February 12, 2014

Juniors went down today



GDXJ:


Did the juniors just go down because people want to sell it when it's 3 standard deviations up? Maybe a lot of people who bought at $30 are taking their 30% profit and calling it a year. I guess it remains to be seen whether their cycling out brings new meat in. The volume seems to suggest there's new meat out there.



Gold isn't suddenly looking bad or anything.

Maybe this is your opportunity to pennyflip a strongly volatile uptrend in junior miners?

Question is, when does it stop. "It" meaning either the uptrend, or the volatility.


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