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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (101865)5/30/2008 4:48:29 PM
From: chowder  Respond to of 206317
 
Yes, it would have been a very good strategy to use there. The key is having a full position, or an overweight position when price moves above that upper band so that you can sell 1/2 when you need to and still benefit in the event price continues higher. You don't want to get into an all or nothing situation, which is what often happens when positions are small.


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