Did you see the last few minutes of price action on the GDX. I was waiting with baited breath for a strong close or a selloff and the last few minutes sure enough prices started to breakout. I got a fill on a partial postion in the last two minutes. Thought I'd use the P.O.P. method which is sensible and now the market must prove me right and if it does I will add. The test today and bounce back was impressive. And with the GDX price did clear 51 which was the Dec 19th low resistance that needed to be cleared on a close. Price closed right on the high of the day in the last minute at 51.20. Now price needs to follow through to confirm. His method does take the stress out of a trade considerably and is a sensible way to get long. And if it fails and one has to exit you only lose 1/3 to 1/2 of what you normally would with a full position.