Taking off the last of the bear-market-bounce play in NUGT, up9.9%, JNUG up 10.7%.
From the link:
It must be said more downside will come with this much momentum in place. Shorting the bounce, if and whenever it comes, may be the better strategy for swing traders. The sector will be in its own bear market until it isn’t anymore and it’s going to have to base for sometime before it ever sees a bull again.
Took the up swing but did not take my own advice and did not short the bounce. Woulda, coulda, shoulda...but didn't...