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the bounce on GLD this last hour has been on light volume, especially compared to the initial selloff volume. Same thing w/ the bounce in GDX. So, I have gone short GDX, at least for a quick trade.
I shorted KGC again as it is a weaker miner at 14.90. Earnings due so be careful.
Covered 1/2 of short 14.31.
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the bounce on GLD this
60 min GDX:GLD ratio
Posted by frtaylor on 2nd of Nov 2011 at 02:03 pm
the bounce on GLD this last hour has been on light volume, especially compared to the initial selloff volume. Same thing w/ the bounce in GDX. So, I have gone short GDX, at least for a quick trade.
KGC short ?
Posted by rbreese on 2nd of Nov 2011 at 02:24 pm
I shorted KGC again as it is a weaker miner at 14.90. Earnings due so be careful.
KGC
Posted by rbreese on 2nd of Nov 2011 at 03:21 pm
Covered 1/2 of short 14.31.