$DUST makes a big move downward as gold rises

Discussion in 'Stock picks and trading strategies' started by PipMe, Aug 15, 2013.

  1. PipMe

    PipMe New Member

    $DUST fell over 17% to $45.95 in yesterday's trading session.

    It looks like it has broken below the March 2013 lows, so it might have further to fall. It traded as high as $166 back in June.

    If you think the recent gold rally is not sustainable then this is for you.

    I am not a long term gold bear so I think this is a little risky. Gold could be headed upwards even further meaning $DUST could be about to get smacked and a short position could be profitable.

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