Professor’s Comment Updates October 28, 2019
Posted by OMS at October 28th, 2019
With today’s pullback in gold, the Model is looking to buy a ‘trial’ position in GDX and a few shares of NUGT IF the short-term bars give say so.
The Model continues to look for an entry point to short the QQQ using SQQQ.
The Model just bought 1000 shares of GDX at 27.13. The Model also bought 300 shares of NUGT at 28.41.
h
Not sure of the terminology we use? Check out these articles
The Hockey Stick Pattern
The Creation of Waves and Trends
FAQ
All of the commentary expressed in this site and any attachments are opinions of the author, subject to change, and provided for educational purposes only. Nothing in this commentary or any attachments should be considered as trading advice. Trading any financial instrument is RISKY and may result in loss of capital including loss of principal. Past performance is not indicative of future results. Always understand the RISK before you trade.
Category: Professor's Comments