Professor’s Comments February 3, 2014 DUST

Posted by OMS  at February 3rd, 2014

Looking to Buy a few shares of DUST, the 3X inverse Gold ETF, as a trade.

Gold is rallying today as equities prices are falling.

I will be using the very short term bars to enter this trade. Then, IF the overall market starts to rise later this week, as I expect, I will look to add a few more shares to my initial purchase.

I still believe that gold has not completed its final leg down.

That’s what I’m doing,

h

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