GDXJ was a stock (actually an etf of the junior minors) that got my year off to a great start.
Although that move failed, I got out with great profits. It sank back down and has recently rallied. This time I'm playing the fade.
Short $40.76. The news that sparked the rally was overblown in my opinion. My sources tell me that it was short covering and that the smart money was selling into the rally. I think it is likely that it will fade again.
Stop @ 44 R. 1.5
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