SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : McEwen Mining -- Ignore unavailable to you. Want to Upgrade?


To: Matt.g who wrote (3254)3/21/2013 12:46:18 PM
From: wolfgangrene  Respond to of 24589
 
I've been in and out of the Apr 7.00s 3 times in 2 different accounts since the pincher bottom.
Kind of like going to the race track. Actually, it has been the little gaps open that told me to get out 2 of those times.
The original bottom turn gave me 200%, but each subsequent trade as it's pushed the channel bottom sideways, I've gone smaller and just wanted out green.
I didn't trade this because it was gold, I traded it inspite of it's being a gold stock.
I hold lots of gold stocks in retirement accts, but in trading options, I usually trade other sectors or etfs.
The pincher plays in combo with options really ha to be play precisely. Not early and not late.