Worth A Shot? Why DUST Is Intriguing

I confess that I am intrigued by DUST, the triple-bearish-on-miners ETF. It is banging against its trendline which, in the past, has been a very reliable bottom. Looking at GDX itself, it doesn’t seem slam-dunk bearish, so I’m actually not going to buy DUST. But I at least wanted to share this chart, since it seems like an interesting speculative play.

0128-dust

This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural ...

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