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Thread: GDX Robot v TEF Volume Flow for PM ETF's/Stocks/Futures

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  1. #4
    Join Date
    Dec 1969
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    Vienna, Virginia
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    603

    Update for Friday, September 30th

    I note with interest the complete LEV/TEV reversal in GDX at the end of the day:

    Name:  11SEP29-GDX-EV.jpg
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    Pay particular attention to the spike in LEV (blue trace, lower pane) in the last minutes of the day.

    I also note with interest that NUGT, the +2x leveraged ETF on the GDX, did NOT show the same pattern:

    Name:  11SEP29-NUGT-EV.jpg
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    This stresses the importance of using the underlying (GDX) to base decisions and then the leveraged instrument (+NUGT, -2DUST) to play your hand ...

    We *may* be getting close to seeing the fruits of our labors here ... time will tell.

    Regards,

    pgd
    Last edited by grems8544; 09-30-2011 at 09:01 AM.

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