Afternoon of Wednesday, March 1. So, following my comments and ‘advice’ of my last post below, I have taken a small preliminary position in NUGT, a 2X leveraged fund of the miners index, as the metals have continued to move up overnight overseas, and here in the US today. I do NOT have an actual Buy signal yet, but a rather high conviction that it will.
Should I get a buy signal, as I hope and expect, I’ll add to my current position and report it here. I said I had a new trading system in place, and I do… I am hoping this might generate that first profitable trading signal for me, as the Xpert Timer told me I could expect a turn up in the metals, and it appears to be getting underway NOW!
Let’s see what happens, I bought in at $32.27 a share about noon EST.
Harold
Gold Stock Trader 
Good luck with you trade. Might just dip my toe in a little also.
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If you’ve got any kind of a technical swing-trading system, plug it in and see if it won’t give you a buy signal. At last check, it’s already at $32.60.
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The VV system I follow is still giving a sell signal for NUGT. The Stochastics’ are moving higher and the RSI has been turning up, MACD is turning up also. I’m in!
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Off a bit today… here’s hoping it’s nothing more than a Pause That Refreshes! Keep a tight stop under it… we are way early, if this is going to pan out. Harold
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