Friday, November 14, 2014

Nov 14 - GLD long

Very strong spike with good volume in GLD.  Will be interesting to see if this is just a short squeeze or buyers materialize behind this.  The weekly looks fairly promising now having printed two hammers in a row.  The general weakness in the indexes such as SPY/ QQQ is helping funnel off some action into precious metals.



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Feb 17 - Large short position now

Very bearish now and looking for a retest of lows in 2-3 weeks.  I have puts in SPY, AAPL, GOOS, and GLD.  Calls in RIG  every major dro...