Sold my DXD's at 73.15 for point and a half scalp. Will reposition again later. Still short gold sector.......
Market wants to re-test this morning highs.....based on my charts....
Goldswinger.
Dow wants one more leg up B4 crashing
Started by
goldswinger
, Feb 26 2009 02:48 PM
2 replies to this topic
#2
Lysis
-
- Traders-Talk User
- 458 posts
Member
Posted 26 February 2009 - 03:00 PM
Sold my DXD's at 73.15 for point and a half scalp. Will reposition again later. Still short gold sector.......
Market wants to re-test this morning highs.....based on my charts....
Goldswinger.
A bunch of people are waiting for a drop back to 735-740. It's probably going to come tomorrow.
I'm flat. I covered my gold short today -- I'm pretty happy there.
#3
goldswinger
-
- Traders-Talk User
- 2,612 posts
Member
Posted 26 February 2009 - 03:10 PM
I am one of those, I sold DXD a bit too early, I was expecting to go short again at end of day Today, but the DOW and SPX just made a fast move down, it is either the last bit of a C correction Today or the beginning of the dreaded wave 3...... I'll wait for the reaction to this downdraft, I think either way it is rolling down........ so is GDX right now.....as I type...
Goldswinger.
