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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: chowder who wrote (82816)4/11/2007 8:22:54 AM
From: CommanderCricket  Read Replies (2) of 206184
 
Twice a year almost like clock work, the street sells this sector down hard and it usually comes on like someone turned off the lights.

I have taken profits, wrote a few ITM calls against positions for May and will let the rest ride. Almost have the year in the bag so there is no reason not get a little more conservative going into May.

May not get as violent as last year but this sector will sell off before summer.

CC
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