I've been buying NUGT today 27.40ish to 27.52
added the last of my NUGT purchases today @ 28.41. A move above 31.70 and this thing will really run. hold for months if this is your only holding. for me it represents the trading portion of my gold miners position
I am still short QQQ and IWM and may be so for a few months into the new year. We'll see. I am very bullish on the Gold miners as you know. IRVRF that I have told you about many times is up 30% the last two days. VERY amazing drill results. I have gone from 100% long miners to about 125% counting the leverage of NUGT. JNUG is also a good choice. I have just gotten a very bullish signal that was followed by two days of pullback. I added leverage on that pullback. I feel that as miners do well, the stock market will begin to roll over but the really good stuff may wait until January 2020