Stocks and precious metals were getting pounded, so we looked for bottom-fishing opportunities in real time in some of the more popular Rick’s Picks trading vehicles. Using the intraday charts, we trained our attention mainly on the E-Mini S&Ps and on two mining-stock ETFs, GDX and GDXJ. Both were hitting downside targets that had been drum-rolled in the newsletter weeks ago and in which there were working buy orders that morning. We also scrutinized the lesser charts for a possible ‘camo’ trade in the E-Mini S&Ps that went against the day’s selloff.
