Edited by Slothrop, 03 March 2009 - 09:58 AM.
Covering that ABX short
Started by
Slothrop
, Mar 03 2009 09:58 AM
3 replies to this topic
#1
Slothrop
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Posted 03 March 2009 - 09:58 AM
Covered ABX, NEM, AEM and AUY shorts. Hanging onto the DZZ -- moving the stop loss up.
#2
Gold3600
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Posted 03 March 2009 - 10:08 AM
Are you looking for a bottom and a rally? Thanks and good trade! Jake
#3
Slothrop
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Posted 03 March 2009 - 10:31 AM
Jake, I feel as if the miners could drop a bit further, but I'm happy to take good profits here until it's clearer. Gold could drop to 900 -- I don't know. It's a correction in an uptrend which means it's wise to take short profits quickly.
#4
tommyt
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Posted 03 March 2009 - 10:49 AM
Jake, I feel as if the miners could drop a bit further, but I'm happy to take good profits here until it's clearer. Gold could drop to 900 -- I don't know. It's a correction in an uptrend which means it's wise to take short profits quickly.
covered my remaining 1/2 short in GDX also..stand aside here
