Buying Swing: covering short GLDMV at .25 area 100 GLD PUTS
Posted: Tue Dec 29, 2009 12:28 pm
Buying Swing: covering short GLDMV at .25 area 100 GLD PUTS Jan [SELLING TO OPEN] 41% profit. The strategy on this short was to make back losses on the long puts play and it did just that. now Gold may tern again bearish for larger picture i remain very bearish mid term. Am considering now reentering a long position have not yet flipped the position in that direction. Sorry for late post.