iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

The Hangover

Today is the hangover from last week’s fun, the necessary slow moving pullback we need in order to be healthy again.

I haven’t found much that I’ve wanted to sink my theeth in today, and it’s been painful just to watch the slow moving day. I had to keep myself from falling asleep about 10 different times.

My screens are barely pulling up anything, and the top ETF today is $DUST, which is a leveraged short the gold miners instrument. I’m actually tempted to throw on a position in DUST and just let it sit there for a few months. It is my belief that the gold run is just about over.

It looks like the dip buyers may step in here for the final hour of trading, so here’s a look at today’s hybrid movers.

 

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