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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (58647)12/4/2009 5:48:48 PM
From: TobagoJack2 Recommendations  Respond to of 217764
 
i am neither adding nor subtracting, just letting my astute stance do its work

(i) earlier shorted covered calls on gdx (43, 48, 50) Message 26055115 and sold gdx may turn out more ok than before, and

(ii) i may be in better position to short gdx puts should the gold correction per false jobs report play out some more, but

should the correction be short in duration, then

(iii) still ok, as gold resumes its journey upward and i wait for the next correction, while shorting more of something or go long something else, all gdx, the safe bet

my operating premise is that the jobs report was rubbish, and all actions in reaction to it were rubbish as well