Tuesday, March 10, 2009

Re-count GLD, Bearish movtives

Well, GLD failed to make a higher high, and broke the low. Now there is my new count, bearish motives.



I used DZZ, bearish Gold ultra short, and GLD PUT 78/83 vertical.

Still very curious about the move on Steel, but reason will come, I am pretty sure about that.

So I got long on X and NUE, using stocks and Call verticals

Closed my RIO and ILMN trades today, finally a couple of profitable trades. I was ready for the rocky movements because there are both in a minor a-b-c movement.


shorts: GLD
longs: X, NUE

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