Update: Gold Hits Bedrock, Yabba Dabba Doo

Two days ago Gold was so out of favor felt like the stock was part of some "voodoo". The hate was extreme and MOJO identified this as the Buy opportunity. Calling "Bedrock" (yabba dabba doo) with $NUGT and $JNUG, which both have rebounded now with extreme love. MOJO buys the hate and sells the love.

Update: major rebound in gold prices = MOJO profits on 3/4 the trade for 25% return from $10.00 cost range NUGT and $3.00 cost range JNUG (see images below)

This was the read 11/5/2014 3:25 PM ... With gold prices and gold stocks plummeting, where is this going to stop? For two stocks, the triple-bull ETFs NUGT and JNUG, the bottom "Bedrock" is close and smart money buyers are betting on traders that bought highs: NUGT on 10/8 at 24.75 and JNUG on 10/8 at $11.87. Traders say "How Can I Be So Wrong" on that trading cycle. When everyone hates the stock, smart money starts buying it. When the "voodoo" really starts, like now with NUGT under $10 and JNUG under $3, you just go for it with positive expectancy that past record keeping in your journal will prove successful future performance once again. Here is the next big trade play...hitting gold on bedrock!!

DISCLAIMER:  MOJO Day Trading, or any of its employees, contractors, or shareholders or affiliates are NOT an investment advisory service, nor a registered investment advisor or ...

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