Avery1

Gold correction and Jr. Gold Miners Panic

Long
AMEX:JDST   Direxion Daily Junior Gold Miners Index Bear 2X Shares
8
I think the Dollar will bounce Hard. I think the market is already telling us that. Otherwise Gold and Oil and other commodities would be rallying on dollar weakness. Obviously the dollar is volatile and I could very easily be wrong on this but that is my idea.
Short the miners. Also it is interesting that the 4 for I split happened on the slightest bit of strength the last time jdst popped.
Gold is seasonally weak into this time of year. Also It seems to me that the stocks have shown strength with the general market and that could easily change about now.
Good luck. It's a slippery one.
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