02Feb3:15 pmEST

Trimming Some Fast Gains; Chess Moves

503515_orig For the sake of discipline in this volatile market, I just sold a piece of NUGT long up here at $19.53 from my posted $18.46 entry earlier today here, to lock in some initial, fast gains. I still, however, have my core position on with a stop-loss below $17.20. Precious metals and especially miners are having a solid day, overall. But more strength is needed to confirm what could be a major bear market bottom. In the meantime, as I have done for a while, I will keep trading around these levered ETFs with agility.

Afternoon Trading Wisdom fro... Stock Market Recap 02/02/15 ...

 
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