out of Metals after market last night – hope just temporarily……..

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Portfolio change – metals
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I have a suspicion the banks may try to create an undercut here so they can panic longs and scoop up more shares before we break out of the Bollinger band constriction. This is exactly what they did right before the baby bull began and I wouldn’t put it past them to try and repeat that strategy before we get a big move out of the Bollinger band collapse.

I’m going to take profits on both positions in the aftermarket and then see what happens tomorrow. If they try to knock the metals down again tomorrow then we’ll wait and see if they create an undercut before we buy back. If not and gold rallies tomorrow then we’ll just get back in and maybe miss a little bit of the rally.

Taking profits on JNUG and NUGT in the aftermarket.