good move. I was wondering about that as I was typing my
congratulatory post on holding the metal stocks over the weekend a
few minutes ago, it was steadily selling off after the gap up.
Now pushing up again, this is a wild market with fast big
swings in everything. I look at currencies, and the EUR/USD
was falling most of the night, and the futures were WAY down a
couple hours ago, then the dollar pulled back, and the futures
opened only a little down, now the dollar has pushed up again in
the last few minutes, and fallen again, moving commodities and the
markets back and forth quickly and erratically...crazy.
Gold stocks
Posted by rank10 on 24th of May 2010 at 09:40 am
for anyone following my trades, i sold half on the gap up this morning on XRA, SVM, NG
sold XRA at 7
NG at 7.07
SVM at 7
i ended up selling all
Posted by rank10 on 24th of May 2010 at 04:03 pm
i ended up selling all the positions i bought on friday for a nice profit, didn't like the candle today
i am stilling holding some longer term positions in XRA and a few others
good idea
Posted by sonia on 24th of May 2010 at 09:52 am
good move. I was wondering about that as I was typing my congratulatory post on holding the metal stocks over the weekend a few minutes ago, it was steadily selling off after the gap up. Now pushing up again, this is a wild market with fast big swings in everything. I look at currencies, and the EUR/USD was falling most of the night, and the futures were WAY down a couple hours ago, then the dollar pulled back, and the futures opened only a little down, now the dollar has pushed up again in the last few minutes, and fallen again, moving commodities and the markets back and forth quickly and erratically...crazy.
Sonia - these are the
Posted by steve on 24th of May 2010 at 09:58 am
Sonia - these are the type of moves to expect with the VIX at elevated levels.
NICE ... BOOK THEM Profits
Posted by cspirit on 24th of May 2010 at 09:47 am
NICE ... BOOK THEM Profits