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Channel: Biotech Sector – The God Of Trading
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Adding nibbles on $NUGT, $JNUG, $SLW long for an oversold bounce

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Holding NEM from today and adding the two 3xLeveraged funds, NUGT and JUNG, along with the silver stock SLW in hopes getting a bounce in this oversold and emotional sector of the market.

Stopped out SA today for a one percent loss.

I call this sector “emotional” above because those doing anything with gold particularly, as well as with precious metal trading in general, are generally…crazy.

This is a scalp attempt but if it gets really rolling to upside it may become a swing trade.  Tight stops and time stops are in order (in my case these better move tomorrow or I’m likely to dump them).


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