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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (87608)5/29/2009 6:13:39 AM
From: Real Man  Read Replies (1) of 94695
 
So far I just put a trailing stop under my major gold stocks
position that I bought gradually as they crashed last year,
most of it in October/November time frame. Sitting on a huge
profit, holding physical, but the allocation changed to
uncomfortably overweight the equities, which are a trade.

If they start moving lower, I'll do some call selling against
it as well. Gold stocks had a 150% run from the bottom in
October. This is huge. You got to be careful with those in
late May, as well as gold itself. In the meantime, the clownbuck
broke 80.
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