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

To: upanddown who wrote (123075)	8/6/2009 3:42:06 PM
From: Sweet Ol	Respond to of 206193

>i>Have you thought about buying calls on DXD rather than the ETF itself? That should be OK in an IRA and you would be risking a lot less cash. I have never taken the time to understand options and all their many nuances. I have enough trouble trying to figure out what and when to buy and sell. Every year I say, "next year I am going to learn about options." Right now, cash pays so little it is not a big deal to spend it. At this point I am not confident enough to need leverage. Thanks for your thoughts. Blessings, JRH