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BetaPro Canadian Gold Miners -2x Daily Bear ETF T.GDXD

Alternate Symbol(s):  HZRZF

Metals & Mining Gold


TSX:GDXD - Post by User

BetaPro Canadian Gold Miners -2x Daily Bear ETF
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Comment by Cokedrunkon Aug 27, 2010 7:19am
240 Views
Post# 17388726

RE: RE: RE: ACCUMULATE!

RE: RE: RE: ACCUMULATE!I agree with the earlier post.  Gold and gold stocks are in a clear uptrend.  Being contrarian on this play on the rally is a very risky play with little rewards I would imagine.  Would wait for the Dow to Gold ratio to approach 2-3 ratio before dipping my toe on this play.  Right now Dow to Gold ratio is like 8.2 play or so.

If you have to play this now.  Wait for a big dip in SP and daytrade it only.
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Dealroom for high-potential pre-IPO opportunities