I've been long GLD for a long time and don't trade around it,
except to add at support -- did so at the 150 again recently. I
like the stocks for trading because they do trend up and down more.
The GDX system combined with shorter term signals has shown over
time that this is a viable way to approach the PM
stocks. I would just listen to Matt & Steve on
this over time in the newsletters and blog and test things out
with small positions to get comfortable with whatever approach
works best for you.
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Too hard to say...
I think this is wave 2
Posted by lessarda on 8th of Apr 2011 at 04:51 pm
I've been long GLD for a long time and don't trade around it, except to add at support -- did so at the 150 again recently. I like the stocks for trading because they do trend up and down more. The GDX system combined with shorter term signals has shown over time that this is a viable way to approach the PM stocks. I would just listen to Matt & Steve on this over time in the newsletters and blog and test things out with small positions to get comfortable with whatever approach works best for you.