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Gold/Mining/Energy : KITCO - Gold discussion
GLD 389.05+0.4%Dec 10 4:00 PM EST
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To: loantech who wrote (417)8/13/2009 5:06:23 PM
From: The Vet  Read Replies (1) of 989
 
Nice to see that the old hands here are still alive and kicking..

Loantech, I bought back into HL gradually in a small way while it was until $2 and then took a larger synthetic long option position using Jan 2011 $2.50 strike leaps when it hit $2.45 or so. The position was cash neutral when I put it on but it is well in the green now.

I am looking to increase my exposure a little more and unfortunately my order today was a bit too low to execute. If the PMs continue up I think HL is almost as sure as it gets for at least a double.
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