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Strategies & Market Trends : The Home Run -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (88)4/18/2006 9:07:56 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 525
 
Time to continue building the Gold position.

Started with 5, added 4. So Buy 3 more June at the Open Wednesday.
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Silver.

IF May Silver trades above 15 this week we take 3 contracts off the table at 15.

In any event, the Stop on the 10 Contracts is moved up one dollar. Effectively locking in $50,000 in gains.

May Silver Stop now $11.021



To: Patrick Slevin who wrote (88)4/23/2006 7:34:04 PM
From: Patrick Slevin  Read Replies (6) | Respond to of 525
 
Profit (Loss) since Jan 17; $235,111

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ABX up $210
NEM down $925
GLG up $7,120
TRE down $1,240
PQ up $10,950

Subtotal Equity position. Up $18,595
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12 June Gold up $51,960 from 600.2
10 May Silver up $158,950 from 10.021

Subtotal Futures position. Up $213,370
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Total of Closed out positions Up $26,956