RE: Gold Juniors

    UXG nice move

    Posted by blockbuster on 28th of Dec 2010 at 03:53 pm

    Matt, 

    are your gold juniors long a hedge against GDX short? 

    Thanks

    I usually don't hedge, I

    Posted by matt on 28th of Dec 2010 at 04:06 pm

    I usually don't hedge, I play stocks that look good on their own.  

    now I do try to focus on hot sectors i.e. if I see that a particular sector has a good chart pattern, such as oil sector or bank, semi, etc then I will try to focus on stocks in those sectors that have nice patterns because I know that a raising tide tends to raise all ships and so the probability is higher.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!