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Colorado/Scotland, United States

Tuesday, 12 May 2009

Out

GDX, I sold all my position just a few minutes ago. That was a nice trade profit wise and going according to plan almost to a T. I will be looking to go short GDX. I will let you know when I do. However I am still bullish on gold and gold miners. I plan to play both sides during the rise. My indicators on GDX are on fire at the moment, so I will take advantage of this. This move up to recent highs in GDX should also correspond with a top of some form in the market. That is why I shorted Q's at open today as well. My stop on the Q's $35.34

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