04Mar10:31 amEST
Surviving the Dust Bowl; Chess Moves
After scaling an initial piece yesterday, I just sold more of my DUST (triple-bearish ETF betting against the gold miners in the GDX) long above $15.50 from my posted $14.61 entry yesterday.
I am now down to a 1/2 sized position in DUST, moving my stop-loss up to my entry price.
As we discussed previously, when GDX lost its 50-day moving average the short trade became viable one. With this final half of DUST, I am testing to see if the rollover has any meat to it.
As it stands, I am long CRTO DUST, and short CAT.
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