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Buying Swing: buying GLD 133 Feb calls at 1.00-.10 OVERSIZED

Posted: Wed Jan 26, 2011 2:43 pm
by MMASSASSIN
Buying Swing: buying GLD 133 Feb calls at 1.00-.10 OVERSIZED initial entry into a new swing trade. Gold has been falling strongly and this can both be a market hedge plus multiday positives have cleared on my formulas. Larger picture am very bearish gold but here she should have a multiday bounce before her next move down.