Issue #142
Dear Member,
Yesterday afternoon, you should have been filled on your order to buy shares in Direxion Daily Junior Gold Miners Bull 3X Shares (JNUG). The low for the day came in precisely at my target of $28.25 and you should have been filled.
If, for whatever reason, you were not filled, buy your shares at the market this morning.
Also, be sure you have entered a protective sell stop, good till cancelled, at $25.49. If you have not, do so immediately.
Right now, gold is bouncing a tad, as is silver. But the bounce this morning is thus far very weak, with gold only up about $3. My indicators tell me there could be one more set back for both metals, with gold possibly moving just slightly below the $1,300 level.
If so, that would be music to my ears, setting up the metals for a very strong rally thereafter. It would also likely mean you should get filled on your other two outstanding orders, which are for each $25,000 in equity you are trading …
1. Buy 500 shares of Kinross Gold Corp., symbol KGC, at $4.10 or better and place a protective sell stop at $3.58, stop, good till cancelled.
2. Buy 380 shares of Silver Standard Resources Inc., symbol SSRI, at $8.12 or better and place a protective sell stop at $7.47, stop, good till cancelled.
Hold all positions and stay tuned!
Best wishes, as always …
Larry
