I have a mixture of both longs and shorts (Stocks and Options).
GDX was one of the longs I bought today at that lower trendline. In
the short term, I can just as easily see the next move being up as
down for the general market. No reason to get too bearish or
bullish right now in the short term. Just my opinion.
GDX just gave a second
GDX 60 min comments
Posted by frtaylor on 25th of Jan 2011 at 11:57 am
GDX just gave a second chance down near the lower trendline, so I took it. Keeping the fingers crossed, and a stop at 52.
I have a mixture of
Posted by cw12 on 25th of Jan 2011 at 12:19 pm
I have a mixture of both longs and shorts (Stocks and Options). GDX was one of the longs I bought today at that lower trendline. In the short term, I can just as easily see the next move being up as down for the general market. No reason to get too bearish or bullish right now in the short term. Just my opinion.
Good risk/ reward. That's all
Posted by sharonrose on 25th of Jan 2011 at 12:11 pm
Good risk/ reward. That's all you can ask for.