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Strategies & Market Trends : cash flow investing for retirement

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To: tyc:> who wrote (67)12/5/2011 4:35:08 PM
From: GROUND ZERO™Read Replies (1) of 94
 
Today I bought 2000 shares of UGL and wrote 20 ATM April 2012 calls for a nice premium... UGL is a 2X ETF for gold bullion... I expect gold to continue higher, but the downside is further reduced with these written calls...

GZ
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