covered GLD short

    Gold Stocks Comments

    Posted by dallassteve on 24th of Aug 2011 at 01:52 pm

    Thanks to all for  the posts and charts on gold.  I was planning to hold longer, but the move down today was so sharp, I covered at 171.

    I'll be looking for a bounce to re-enter short.

    Nice gain, offsets the loss in GDX.  Lets see how this plays out.

    I also covered at 171,

    Posted by frtaylor on 24th of Aug 2011 at 02:15 pm

    I also covered at 171, and am holding my GDX.

    I wouldn't short gold at

    Posted by rayalexander123 on 24th of Aug 2011 at 01:55 pm

    I wouldn't short gold at all here.  GDX is starting to outperforming GLD, which could be a bullish sign for the entire gold complex.

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