After the gold stocks’ long run, DUST, the 3x-Leverage Bear ETF, is finally having its swing to glitter. Up 20% in the the past two days, 36% from a buy signal seven days ago.
Today’s blast looks climatic. So the prudent strategy, me thinks, would be to take some off or at least snug up the stops.
Almost needless to say, DUST and its direct bullish counterpart NUGT can be extremely volatile capable of double-digit advances or declines on any given day.
(right click on chart for a larger view)