according to your personal risk
tolerance and time frame. If you want to give it some room, then
maybe just below those confluence of MA's on the daily
chart.
Day traders would have sold AUY
when GDX filled that gap at 47.
However swing traders might give it
room with a stop below the MA's.
Die hard gold bugs living in the mountains with 5 years of
food and guns waiting for Mad Max would place a stop at zero
:)
No but seriously a stop below the MA's if you want
to give it some room, but again it's up to your personal risk
tolerance and time frame
stop
Posted by califman4u on 9th of Jul 2008 at 10:22 am
Title: AUY
Matt, where is a good place to set a stop on AUY.
according to your personal risk tolerance
Posted by matt on 9th of Jul 2008 at 10:30 am
according to your personal risk tolerance and time frame. If you want to give it some room, then maybe just below those confluence of MA's on the daily chart.
Day traders would have sold AUY when GDX filled that gap at 47.
However swing traders might give it room with a stop below the MA's.
Die hard gold bugs living in the mountains with 5 years of food and guns waiting for Mad Max would place a stop at zero :)
No but seriously a stop below the MA's if you want to give it some room, but again it's up to your personal risk tolerance and time frame
GG puts
Posted by rbreese on 9th of Jul 2008 at 10:33 am
I bought GG puts this a.m. with MACD trying to break down and we are entering the AUG. weak seasonal time frame.