Wednesday, July 9, 2008
A very nice recovery after cracking that trendline. Like AGU will be careful w this one and prob unload when it appears to consolidate, but I am weary of how it might react to another market downturn. Also the way it corrected so hard early in the cycle is something to keep an eye on.
I am heavily long calls in $C, $BAC, $JPM for late Jun, July, Aug. Mad conviction here.
I have been stopped out twice in last few weeks trying to short GLD. I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...
Jumped back in on the open as it looks like we have a short term trend change. Annoyed it decided to leave without me but worth the chase a...