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Monday, November 17, 2014

Gold miners - seems like a bit of an upward trend

GDX:

Seems like a bit of an upward trend forming. This is the kind of chart I buy, so I bought some stuff today.

That trendline from end of August through mid-October is the next interesting thing on this chart.

GDXJ:



That trendline is a little ways away here, but it still looks hopeful.

Will this trend continue? Well, as of this morning Ritholtz was still talking about how much gold miners suck, so I figger we probably have another week of bull move at least.

Thanks, btw, to the guy who gave me those 100,000 shares of Coro at 3 cents. I just puked them into someone else's lap for a 50% win.


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